Oriflame Cosmetics Chooses easy2comply GRC Platform

easy2comply, a leading provider of Governance, Risk Management and Compliance (GRC) solutions, announced today that Oriflame Cosmetics S.A. (Nasdaq OMX: ORI SDB), a cosmetics company selling direct present in more than 60 countries, has chosen easy2comply to streamline its internal control process, and Borotech GmbH to lead the implementation project. A considerable order considering that Oriflame has a global R&D center in Ireland, 6 production facilities in Sweden, Poland, China, Russia, India and offers more than 900 cosmetics products. Their GRC project involves consolidation of 60 different subsidiary’s control systems with the goal of bringing them into compliance with varying international and local regulations.

New York, NY (PRWEB) June 01, 2011

easy2comply, a leading provider of Governance, Risk Management and Compliance (GRC) solutions, announced today that Oriflame Cosmetics S.A. (Nasdaq OMX Nordic Exchange: ORI SDB), a cosmetics company selling direct present in more than 60 countries, has chosen easy2comply to streamline itsinternal control process, and Borotech GmbH to lead the implementation project. A considerable order considering that Oriflame has a global R&D center in Ireland, 6 production facilities in Sweden, Poland, China, Russia, India and offers more than 900 cosmetics products. Their GRC project involves consolidation of 60 different subsidiary’s control systems with the goal of bringing them into compliance with varying international and local regulations.

easy2comply is up to the challenge according to David Leichner, V.P. Business Development at easy2comply, “our comprehensive application supports existing and emerging regulations with built in best practices, full functionality and adaptable workflow enabling effective management of multiple GRC processes on a single platform. Rapid implementation in an incremental approach enables organizations to deploy only the GRC modules that they really need, minimizing time, cost and impact to normal daily operations.

About Oriflame Cosmetics S.A.
Oriflame (Nasdaq OMX: ORI SDB), founded in Sweden in 1967 by Jonas and Robert af Jochnick and Bengt Hellsten. Oriflame today - one of Europe’s fastest growing beauty brands- is selling direct in more than 60 countries. Oriflame has the global R&D centre in Ireland and 6 production units in Sweden, Poland, China, Russia and India. Oriflame presents a wide product portfolio and the customers are offered over 900 products within Skin Care, Colour Cosmetics, Fragrances, Personal & Hair care, Accessories and Wellness category. With 8,300 employees supported by 3.5 million strong sales force around the globe, Oriflame’s wide range of beauty products generates 1.5 billion Euros in annual sales.

About easy2comply
easy2comply by Dynasec, founded in 2004, is a leading provider of Governance, Risk Management and Compliance solutions offering a family of practical and reliable GRC applications. Our solutions can be deployed either on-demand (SaaS) or on-site to suit each customer's preferred configuration. easy2comply provides a comprehensive platform that supports existing and emerging regulations with built-in best practices, full functionality and adaptable workflow that adjusts to any business environment. For more information, please visit http://www.easy2comply.com.

About Borotech GmbH
Borotech GmbH is an innovative provider of market-leading business IT solutions and services, in the area of IT Governance, Risk Management, and Compliance (GRC), and IT Security, addressing the specific needs of large and medium enterprises. These award-winning solutions currently serve over 1000 enterprises around the world including 20 of the world's top 50 banks.

For more information, press only:
Shlomi Aizenberg
Vice President
1-800-314-5720
shlomi(at)easy2comply(dot)com

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