COSO joint-author joins Sarbanes-Oxley software provider Advisory Board

Integrify, a leading provider of Process Improvement and Corporate Compliance solutions, today announced that Malcolm Schwartz, a principal contributor to Internal Control -- Integrated Framework," known as The COSO Report, has joined Integrifys advisory board to further strengthen Integrifys Sarbanes-Oxley compliance solution.

Chapel Hill, NC (PRWEB) March 4, 2004 -- Integrify, a leading provider of Process Improvement and Corporate Compliance solutions, today announced that Malcolm Schwartz, a principal contributor to Internal Control -- Integrated Framework," known as The COSO Report, has joined Integrifys advisory board to further strengthen Integrifys Sarbanes-Oxley compliance solution.

Mr. Schwartz's career has included senior financial, supply chain and engineering positions at International Silver Company, senior client officer and CFO of Booz, Allen & Hamilton, COO of the Westinghouse direct mail/marketing business, and senior partner in the consulting practice of Coopers & Lybrand and PricewaterhouseCoopers. He has broad consulting experience particularly in consumer products, telecommunications and pharmaceuticals.

The COSO Framework has been cited by the Securities Exchange Commission (SEC) as satisfying the mandate for a framework to comply with the Sarbanes-Oxley Act. Having applied The COSO Framework to many client engagements following its publication, Mr. Schwartz brings considerable knowledge and working experience to Integrify and will work closely with its development and marketing so that Integrifys clients gain maximum benefit from his guidance.

Integrifys technology supports one of the major challenges facing organizations today, namely: to comply with laws and regulations while delivering benefit to the business" stated Mr Schwartz. From my perspective it is exciting to see the positive influence that innovative technology such as Integrifys can have on a crucial aspect of business."

David Willsey, CEO of Integrify, noted that We are looking to experts in the industry to help us define in the clearest terms how The COSO Framework can best be implemented using technology. Malcolm Schwartz has a long and distinguished history in corporate governance, and has the respect of his peers on a global level. His direction and support will be invaluable to Integrify. We are looking forward to a close relationship that will validate our product as the most effective solution for Internal Control Management and Sarbanes-Oxley compliance"

Integrify-Clarity is designed to help organizations implement, monitor and control processes and policies that require authorizations as part of the compliance with the Sarbanes-Oxley Act. Integrify-Clarity is based on Integrifys iApprove business process management system. By using Integrify-Clarity, a company can considerably reduce the extra time and cost involved by management and the public auditor in auditing, testing, certifying and attesting on the effectiveness of internal controls over financial reporting.

About Integrify, Inc
Integrify is based in Chapel Hill, North Carolina with representative offices in Chicago and EMEA headquarters in The Hague, Netherlands. Integrify is a premier enterprise software provider of next-generation process improvement software for managing internal controls, request and authorization management processes and corporate compliance initiatives. The company, which focuses on improving corporate productivity with web-based software and superior service, has created software that enables enterprises to comply with corporate governance, legislation and realize cost savings by optimizing business processes.

Integrifys customers include GlaxoSmithKline, National Commerce Financial, Northrop Grumman, Northern Natural Gas and Cardinal Logistics Management. Further information can be found at www.integrify.com. Integrify and the associated Integrify logo, Integrify iApprove and Integrify Clarityare trademarks or registered trademarks of Integrify, Inc. in the U.S. and other countries.

Contact Details: Joel Ginsberg, 919-967-9139 x105; joel_ginsberg@integrify.com