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FOR IMMEDIATE RELEASE Cronus Partners Pleased to Announce Sale of Software Impressions to Integrity InteractiveNorwalk, CT – September 15, 2008. Cronus Partners LLC is pleased to announce it acted as the exclusive financial advisor to Software Impressions, LLC in the sale of the company to Integrity Interactive Corporation. "We realized that the organic growth strategy we had been operating under would not enable us to capitalize on emerging market opportunities," said Michael J. Daigle, President of Software Impressions. "The sale of our company to a synergistic buyer represents a merger of two best-of-breed solution providers, further enhancing the trusted advisor status of the combined organization and creating an opportunity to become the leading brand in our market." Started in 1994 as a developer of custom, software-based business solutions, Software Impressions has evolved as a provider of proprietary Software as a Service (SaaS) solutions and web-based business tools for Global 2000 companies. With EthicsAdvantage® as the core of a broad suite of ethics and compliance management tools delivered through a SaaS model, the company provides a technology infrastructure that supports building and sustaining ethical corporate cultures. Software Impressions is located in Avon, Connecticut. Founded in 1999 and headquartered in Waltham, Massachusetts, with additional offices in Brussels, Belgium; Munich, Germany; London, United Kingdom; and Paris, France, as well as in Monaco, Integrity Interactive provides Web-based compliance, ethics, and corporate responsibility training solutions. Its solutions include strategy and assessment, training and communication, and measurement and reporting. The company also offers training solutions in the areas of ethical leadership, sales, global competition, privacy, finance, human relation, and safety and environment. About Cronus Partners Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus Partners is an independent investment banking firm that provides investment banking and financial advisory services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. Our advisory services are distinguished by a disciplined evaluation of client objectives and competencies and a commitment to the successful execution of strategic corporate transactions. For further information please contact:
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