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RegEd's Brian Lora Named CIO of the Year for Innovation and Transformation by Triangle Business Journal

Raleigh, Oct. 18, 2012 (GLOBE NEWSWIRE) -- RegEd, a leading provider of technology solutions for compliance and risk management, today announced that its CIO, Brian Lora, has been named CIO of the Year for Innovation and Transformation by the Triangle Business Journal. This is the inaugural year for the CIO awards given by the Triangle Business Journal. The awards program is designed to recognize chief information officers in the Raleigh, Durham and Chapel Hill areas of North Carolina, who have used technology in innovative ways to create competitive advantages, optimize business processes and enable growth. Brian Lora was chosen from a group of twenty-three finalists who represent area industries from Fortune 100 technology companies to banks and institutions of higher education as well as government agencies.

Since Brian joined RegEd almost two years ago, he has continually demonstrated a standard of excellence and forward thinking, implementing infrastructure improvements and software development lifecycle improvements (SDLC). Brian redesigned the application performance framework and expanded the application processing with next-generation enterprise storage, which has been instrumental in strengthening RegEd's competitive edge. He also restructured and improved RegEd's ability to deliver aggressive B2B web-based applications and page refresh times to over two million business users. His work in software development lifecycle improvements shows an equal degree of initiative and ingenuity when he re-factored RegEd's SDLC to support greater, higher-quality releases every 90-120 days.

"The Triangle Business Journal has made a great choice. In the nearly two years Brian has worked with RegEd, he has created a technology infrastructure that supports our position as the financial services leading compliance technology provider," said John M. Schobel, CEO of RegEd. "His foresight and ability to execute on RegEd's vision make him an excellent partner and I have valued our time working together and look forward to our continued success."

Brian Lora joined RegEd in 2010 as Chief Technology Officer and Chief Information Officer with a dozen pending U.S. and international patents to his credit and a reputation as an innovative software architect. A graduate of North Carolina State University, Brian has a proven track record of innovation and product development success in start-up and high growth environments. Brian is on the Advisory Board of North Carolina Technology Association and is a frequent speaker at key technical and industry conferences.

About RegEd

RegEd is a leading provider of technology solutions for compliance and risk management serving over 800 enterprise clients including 80 of the top 100 financial services firms. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based compliance automation for broker-dealers, investment advisors, insurance companies and their distributors. Our client-driven solutions deliver superior operational efficiency and enable firms to cost-effectively comply with state and FINRA regulations while mitigating risks before they occur. For additional information, please visit our website: www.reged.com.

CONTACT: Media Contact: Elizabeth James 919.653.5439

Source: RegEd