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Hitec release CONFORM(tm) v2 - POLICIES and PROCEDURES MANAGEMENT

Released on = May 23, 2007, 6:33 am

Press Release Author = Sherie Booth

Industry = Software

Press Release Summary = Hitec Laboratories, the specialist Compliance, Risk &
Performance, and Electronic Document Management solutions developer have announced
the release of v2 of CONFORMT, the market leading Policies & Procedures Management
solution.

Press Release Body = Every regulated business has a responsibility to adhere to
legislation and regulations. MiFID, Anti Money Laundering, Treating Customers
Fairly, NEWCOB and Sarbanes-Oxley are just a few!

CONFORMT automates the process of creation, dissemination, audited electronic
delivery and understanding measurement of Policies & Procedures and provides
certainty that statutory compliance and best practices are accurately deployed and
communicated - and that employees' competency is measured.

Jeremy Crame, Hitec CEO commented "Just having Policies & Procedures posted on the
corporate intranet in the hope that employees visit the site, read and digest them -
post and hope technology! - is no longer sufficient".

"Communicating Policies and Procedures and ensuring that they are understood by a
large workforce - possibly spread across the globe - is a huge and expensive
undertaking" continued Crame. "CONFORMT automates the process, and provides
certainty that policies have been received, read and crucially understood by
employees"

"We are delighted to see CONFORMT becoming recognised as the optimum solution for
Policies & Procedures Management within regulated businesses on a global basis".

CONFORMT is designed to reduce the risk of reputational damage and financial loss,
and to enhance compliance and governance.

About Hitec Laboratories

Hitec specialises in the development, implementation and support of enterprise-wide
Risk, Performance, Compliance and Electronic Document Management solutions.
Headquartered in the UK, with offices in Boston, Chicago and shortly, Hong Kong,
Hitec has also built a worldwide network of certified Business Partners. Solutions
have been implemented in over 500 installations worldwide.


Web Site = http://www.hiteclabs.com

Contact Details = Mrs Sherie Booth
Trent House
Waterside Drive
Langley, Nr Slough
Berkshire. SL3 6EZ

+44 (0)1753 583000
sherie.booth@hiteclabs.com

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