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Compliance 360 Focuses on Financial Services with Addition of VP

Atlanta, GA—August 7, 2006 — Compliance 360 announced today that Kevin Baesler has joined the company as Vice President, Financial Services. Baesler joins the company from S1 Corporation, where as Senior Director, Channels and Alliances he managed and grew the company’s relationships with market leaders like Fidelity National Information Systems, Fiserv, and Open Solutions. Baesler brings more than two decades of experience in enterprise software sales and sales management, professional services and business development.

“Highly regulated industries like financial services have unique challenges in governing and managing compliance programs,” says Steve McGraw, Compliance 360 president and chief executive officer. “Kevin brings a wealth of experience and understanding of the financial services industry to Compliance360. His expertise, combined with our comprehensive, on-demand software will help the Company better serve banks, credit unions, insurance providers and lending institutions with a flexible, highly relevant solution for addressing their specific compliance management needs.”

“Today financial institutions face an ever multiplying array of regulations and reporting requirements. Previous efforts to ensure compliance with these mandates have involved manual procedures and point software products addressing specific needs. Increasingly, financial service providers understand compliance management is an essential corporate discipline required to protect both consumer and commercial customers as well as brand integrity and shareholder value. From the mail room to the board room, its impact pervades every part of every financial services organization,” said Baesler. “Compliance 360 is the only vendor I’ve encountered that offers an “on demand” product designed to holistically address all aspects of governance, risk and compliance management across the enterprise, helping financial institutions reduce vulnerabilities and manage risk more effectively. I look forward to helping the company develop its financial services practice, as I believe the market can reap substantial benefits from what Compliance 360 has to offer.”

About Compliance 360
Compliance 360 helps companies in regulated industries address the most important facets of a comprehensive governance, risk and compliance management program—reducing risks, reducing costs, improving efficiencies and protecting a company’s brand. The Compliance 360 on-demand software suite includes products that address IT governance, policies and procedures management, incident management, surveys, Sarbanes Oxley compliance and enterprise risk management. Compliance 360 has headquarters in Atlanta, GA and serves over 300 customers in healthcare, financial services, insurance, and other highly regulated complex business environments. For more information, visit Compliance 360 at www.compliance360.com.