Ethics and Corporate Policies

The ethics, policies, and norms of Olocity are critical to shaping the evolution of the industry and our own success.

Culture

Since Olocity's very beginning our values have been guiding the way we conduct our business. Hiring the right caliber of people ensures our values will continue to be the foundation for every action we take, and that our culture remains as open and communicative as ever. Our culture and values have remained steadfast through all of the changes the industry has brought. It is a strong testament to the adaptability and resilience of our employees and continues to be a key factor in Olocity's success.

We hire the best of the best to foster an environment of excitement, energy and innovation. We have an entrepreneurial corporate culture that encourages innovation and empowers employees to respond quickly to strategic opportunities. We provide excellent working conditions, benefits and employment opportunities, while our managers provide mentoring, coaching and assistance through continuous learning opportunities that encourage a drive for excellence. We focus on doing our very best, and helping others to do so also.

At Olocity, our culture is also reflected in our commitment to being more than just a valued provider of information managements solutions, technology, and services and an exceptional place to work. We're just as passionate about being a responsible, positively contributing member of the communities in which we operate. To that end, we strive to support our employees in the use of their time, energy and financial resources to make their communities better places in which to live.

Environment

Olocity recognizes that, by minimizing our environmental impact, we can help to preserve our planet for future generations. We know that the best way to do this is to concentrate on how we operate, day in and day out. We have examined our operations and have implemented programs to conserve energy, recycle paper, and conserve, recycle, and reclaim water. For example, we have installed lighting sensors and computer monitor controls that automatically shut down lights and equipment when not in use.
In addition to saving us money, which is good for our business, these efforts allow us to reduce our environmental footprint, which is good for the planet.
Olocity is in the process of establishing concrete targets – and ways to measure them – for several of our environmental initiatives, which will enable us and our stakeholders to track our progress in meeting these goals. We will update this site with our goals and targets as they are established.

We are undertaking a review of all our operations to determine our largest impacts in terms of energy use and greenhouse gas emissions. We are also exploring how to reduce emissions associated with business travel, employee commuting, and product transport.

An important component of environmental responsibility is energy conservation. In June 2007, we installed a custom power profile to all workstations around the world. This new system will automatically place computers in standby mode after four hours of inactivity. In addition to the work that has already been done, we are continuously looking at new ways to make our data centers and our research-and-development labs more energy-efficient. We will also reach out to our IT customers to suggest steps they can take to reduce energy use at their facilities.

Reduce:Olocity's first priority is to achieve an overall reduction in our use of resources, such as water and energy, and materials, including paper and plastics. We take action on several fronts, beginning with product design and manufacture and extending through delivery to customers.
In addition to these initiatives, we reduce energy use with automatic lighting and temperature controls and electronic metering, have installed energy-efficient lighting in meeting rooms, and conserve water through the use of bathroom and wash-basin sensors.

Reuse: The next step in Olocity's environmental program is to reuse as many materials as possible. We have implemented a system with our vendors to reuse cardboard packaging, shipping cartons, totes, and other materials. Cardboard packaging is reused an average of twelve to fifteen times before it is discarded.
Olocity also donates used equipment such as office furniture, mobile phones, personal computers, safety shoes, and batteries to local charities.

Recycle: After all steps have been taken to reduce and reuse materials and resources, Olocity focuses on recycling. Recycling facilities are available throughout the manufacturing site, and employees receive training and ongoing reminders to separate waste. Our recycling program has been so successful that Olocity was recently recognized for reducing the amount of waste being sent to landfills from its manufacturing site.

Code of Conduct

Ethics and integrity are the building blocks of Olocity’s business success. We demand the highest degree of integrity and trustworthiness from all our employees – starting with our board of directors and management team and extending to every level of our organization. The Olocity code of conduct clarifies the standards of behavior that Olocity expects of its employees and guides employees in making ethical decisions. It aligns our values with our business practices and policies and provides a foundation for good governance.

Olocity is committed to creating and maintaining an environment based on respect for the individual and to being a good corporate citizen in every country and community in which it does business. The Olocity Code of Conduct guides our business operations all over the world. Everywhere we work, we apply the more stringent of either local laws and regulations or the principles laid out in our code of conduct. We require each employee to read the code of conduct, take a training course that further illustrates code principles, and to sign a statement acknowledging that they have received, read, and agree to abide by the code As a private company, we recognize our legal and ethical obligations. Olocity’s board adheres to corporate-governance best practices. Olocity enjoys a reputation for good governance policies and procedures.

Core Values: At Olocity, we have four core values that are the foundation upon which we have built our company. These values are innovation, action, customer-driven, and trust. These values need to be expressed every
day in our relationships with our customers and with each other. To continue to meet this commitment to our
customers, partners and other stakeholders, we must ensure our actions always embody our core values, and that we maintain the highest levels of ethical behavior:

• Innovation. We anticipate customer needs and continuously develop new ways to add value to our customer relationships.
• Action. Our success as the industry leader flows from our ability to move with decisiveness. We respond quickly and continue to develop effective, proactive solutions.
• Customer-driven. We make it easy for customers to do business with us. We build Olocity around our customers, not our products.
• Trust. We keep our commitments and are 100 percent accountable for delivering what we promise. Each of us, regardless of location or role, must build these values into every action we take. Given the unique role we play in our customers' lives, everyone must be committed to the highest degree of integrity and trustworthiness. The Olocity Code of Conduct provides an overview of the standards of behaviour that are expected of us globally, and offers guidance in making personal and ethical decisions. It aligns our values with our business practices and policies and provides a foundation for good governance—which is also a legal requirement.

Our core values are the way we do business, and it is required reading for everyone at Olocity. It provides all of us with a clear set of expectations and responsibilities, and highlights the need for each of us to act ethically, to build our company on mutual trust and openness with each other, and to be forthright about our promises, business behavior, and actions taken in the name of Olocity.

Public Policy

Olocity participates in shaping public policy around issues that affect its industry, business, products, and customers. We partner with business and trade organizations and work with local, regional, and national lawmakers and government agencies to influence policy and legislation.

Protection of Privacy/Personal Data: Olocity supports legislators’ effort to protect privacy. In the European Union (EU) where personal data protection is of key importance to citizens, legislation on personal data breach notification is being developed in order to maximize on-line privacy. Olocity supports an independent EU Advisory Body on Data Protection and Privacy and advocates for the widening of notification obligation to include data brokers, banks and other online service providers.

Spyware/ Adware: Olocity supports efforts to curb unwanted and illicit spyware. We believe that anti-spyware legislation must be carefully crafted in order to protect consumers yet still preserve legitimate technologies. Policymakers, particularly in the United States, continue to seek ways to address consumer complaints about unsolicited commercial email, known as spam.

Intellectual Property: Every year, billions of dollars are lost to software piracy, which is the illegal distribution and/or copying of software for personal and/or business use. The harmful effects of software piracy reach far beyond the software publisher. While companies suffer a direct loss of sales, consumers also suffer because companies are often forced to raise prices or cut research and development funding to make up for revenue shortfalls due to piracy. Olocity supports strengthening copyright protection for software, both in digital and physical form. According to industry estimates, in 2004 the global market value of software piracy climbed to an astonishing $33 billion. While piracy rates around the world have fallen modestly, the total dollar value of pirated software continues to rise.

Employees

Olocity makes a positive impact on the lives of its employees by promoting a culture of mutual trust, respect, personal achievement, and individual leadership.

Culture of Responsibility: The very nature of our business—assuring the security, availability, and integrity of our customers' information—inspires a global culture of responsibility. Our employees are guided by our code of conduct, which ensures that a focus on integrity is embedded in our daily interactions with our customers and each other, no matter where we are in the world.

Diversity and Inclusion: Olocity defines diversity as all of the differences that make each of us a unique individual. Our ability to attract, retain, and fully engage diverse talents leads to enhanced innovation and creativity in our products. As such, we recognize that a continuing commitment to inclusive hiring practices is a business imperative tied directly to our bottom line. We offer a variety of programs to teach our own employees how to conduct business successfully in a multicultural and multiethnic world. New employees receive diversity training as part of their orientation. Olocity is proud to support activities that increase access to educational and career opportunities for historically disadvantaged populations. Olocity recognizes the unique challenges women face in the engineering field and is working to create an environment that allows them to thrive both personally and professionally.

Employee Development: Olocity believes that in order to attract talented individuals who will be able to create the most innovative and effective products, we must support employees’ personal and professional development. Our robust employee development program offers a curriculum that is applied globally across all functions. The program enhances employees’ business, technical, and interpersonal skills and enables them to excel in their chosen career paths. We combine instructor-led and e-learning classes to ensure that our people can reach their maximum professional potential. Olocity has implemented various programs to provide employees with assistance in balancing work with personal and family obligations. We believe that alternate schedules and telecommuting can be useful tools in managing the demands of work and home while enhancing employee productivity. We encourage employees to work with their managers to arrange personalized telecommuting options and flexible hours.

Health and Safety: Olocity takes very seriously the health and safety of its employees. We have implemented a suite of programs designed to help employees to avoid unsafe situations and respond to accidents, disasters, and medical emergencies.

Volunteerisum: We strongly encourage our employees to volunteer in their local communities, both during and outside of work hours.