EnCrisp and Paisley Consulting Form Strategic Alliance

Paisley Consulting, the recognized leader in business accountability software today announced a strategic alliance with EnCrisp LLC, a global services leader in Enterprise Controls and IT Assurance consulting and provider of end-to-end solutions for complex financial and IT risk management issues. Through this alliance, Paisley Consulting and EnCrisp LLC will offer enhanced support through a complementary suite of services and software to clients implementing mandated Sarbanes-Oxley compliance programs and leveraging the compliance efforts for enterprise risk management.

Cokato, MN and Leesburg, VA (PRWEB) November 28, 2005

Paisley Consulting, the recognized leader in business accountability software today announced a strategic alliance with EnCrisp LLC, a global services leader in Enterprise Controls and IT Assurance consulting and provider of end-to-end solutions for complex financial and IT risk management issues. Through this alliance, Paisley Consulting and EnCrisp LLC will offer enhanced support through a complementary suite of services and software to clients implementing mandated Sarbanes-Oxley compliance programs and leveraging the compliance efforts for enterprise risk management.

Paisley Consulting’s Risk Navigator™ software is designed to help companies maintain accountability and responsibility for specific tasks and projects and to provide localized documentation and necessary certification of data associated with the compliance process. EnCrisp LLC will utilize Risk Navigator to assist CFOs, controllers and key financial leaders in designing and implementing comprehensive Sarbanes-Oxley compliance initiatives, from project scope and documentation through testing, remediation and continuous monitoring.

Together the companies will pursue mutual business opportunities integrating established project management methodologies with flexible management of resources and information. As part of an EnCrisp-Paisley Consulting SOX consulting solution, clients will receive world class functional and technical best practices and enhanced technical support.

“This strategic alliance truly benefits public and private companies seeking a cost-effective and efficient approach to compliance with Sections 302 and 404,” said Tim Welu, CEO, Paisley Consulting. “Both Paisley Consulting and EnCrisp employ a holistic approach that helps companies build a long-term risk management strategy. EnCrisp’s unique strengths in the services space combining rich and deep ERP, Finance/Audit and Compliance Technology implementation skills is truly a win-win for our customers.”

“Paisley Consulting’s Risk Navigator is positioned as a leading product in the market and its features and functionalities align perfectly with the business needs of EnCrisp’s global clients who seek a straightforward and centralized software solution for sustainable and streamlined compliance,” added Bhavesh Bhagat, President and CEO of EnCrisp LLC. “Forming a strategic alliance with Paisley Consulting will lower the total cost of ownership of compliance efforts for companies and positively impact the sustainable ROI on clients’ SOX investments by providing a solution that will assign accountability at the business unit level and streamline the ongoing monitoring process.”

About Paisley Consulting

Founded in 1995, Paisley Consulting is the recognized leader in providing more than 1,200 organizations—including 30 percent of the Fortune 100—with comprehensive and tightly integrated solutions to better identify and reconcile the risks impacting organizations thereby ensuring that evaluations of operational risk are completed quickly, consistently and accurately.

Leveraging industry best practices, a common technology platform and a unified database to facilitate standardized, automated and collaborative processes across the enterprise, Paisley Consulting customers are empowered to improve the accuracy, consistency and efficiency associated with Sarbanes-Oxley compliance, internal audit, general compliance and operational risk management initiatives. Developed for companies of every size and across multiple industries, Paisley Consulting’s solutions can be implemented as an integrated whole for maximum value or may be deployed as individual point solutions. Either way, our best-of-value solutions can help you reduce costs and target opportunities for continuous improvement.

For more information, call 320.286.5870, email info@paisleyconsulting.com or visit http://www.paisleyconsulting.com.

About EnCrisp LLC

EnCrisp is a leading provider of enterprise controls and compliance management professional services & solutions enabling real-time business process management & compliance for private and public organizations of all sizes and for governmental entities globally. Focused on enabling sustainability & continuous compliance with strict regulatory mandates such as Sarbanes-Oxley, Federal Govt. Internal Controls Act (OMB A-123), GLBA for data Privacy, FISMA for federal IT security, etc., EnCrisp’s services automate audits, risk assessments, eliminate inefficiencies and false positives leading to sustainable and scaleable internal controls environment. EnCrisp delivers clear ROI and accelerated issues remediation with its trademarked EnCURETM methodology for rapid implementation and success. As an acknowledged thought leader in the field, EnCrisp has enabled sustainable internal controls solutions for many of the global enterprise customers. For more information, go to http://www.EnCrisp.com. More information is available at http://www.encrisp.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

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