Amadeus launches its governance solution, eQCM Internal Control Manager, to help organizations achieve excellence in their corporate compliance governance initiatives



    QUEBEC CITY, Oct. 2 /CNW Telbec/ - Amadeus International Inc.
(TSX-V: Aii), a pioneer and leading provider of Enterprise Quality and
Compliance Management software solutions, announced today the availability of
its new internal control management software. The eQCM Internal Control
Manager allows companies to solidify their Sarbanes-Oxley and C198 compliance
programs through the implementation of business processes that will
substantially reduce associated costs and efforts while enhancing the
management of risks and internal controls related to the preparation and
disclosure of financial information.
    "After the first phase of complying with SOX and its Canadian
counterpart, C198, companies realized that their compliance programs are in
fact business processes that can be optimized and automated, much the same way
compliance to ISO and other standards and regulations have been optimized
throughout the years. Our customers are also telling us that they are striving
to own a single platform for compliance to all norms, standards and
regulations, instead of multiple vertical platforms and systems. These
elements led to the development of eQCM Internal Control Manager, which allows
streamlining of financial compliance processes without compromising accuracy,
integrity, and oversight of the financial processes" said Yves Leblanc,
President and CEO of Amadeus International.
    The capabilities of eQCM Internal Control Manager for financial
compliance and other enterprise governance initiatives will provide optimized
business processes, greater control and clear visibility for all stakeholders.
With eQCM Internal Control Manager, companies can centralize the documentation
related to their entities, processes, accounts, risks and control objectives
in a hierarchical financial control structure providing indicators of control
effectiveness and outstanding issues. Now CEOs, CFOs, internal and external
auditors, process owners and other stakeholders will be able to perform all of
the required activities to insure compliance over financial reporting and
disclosure.
    The Amadeus eQCM Internal Control Manager allows companies to:

    
    - Model their control environment on selected frameworks, including the
      COSO Framework.
    - Centralize their documentation on internal controls through the mapping
      of controls and control objectives, risks, processes, accounts, and
      entities.
    - Assemble a comprehensive financial control structure linking their
      organizational structure, chart of accounts, business processes,
      control objectives, risks and the controls themselves
    - Identify target processes and accounts using a risk based approach to
      categorize controls and assign testing frequencies, methods, and
      responsibilities.
    - Develop test plans with the possibility of adding configurable
      questionnaires.
    - Create flexible workflows for evaluating the design of controls,
      testing their operational effectiveness, their certification and sign-
      off.
    - Log issues, rank deficiency levels, assemble and execute corrective
      action plans.
    - Produce management reports and indicators for test results, evaluation
      of findings, control effectiveness and others.

    Using eQCM Internal Control Manager, companies will be able to monitor
their compliance processes at any level of detail and provide evidence to the
external auditors, investors and the general public that internal controls are
in place and that control deficiencies are being addressed.
    Starting today, eQCM Internal Controls Manager is available in two
versions; first as an enhancement to the eQCM software platforms already
deployed throughout our customer base and secondly, as a standalone solution
for companies who require only the financial compliance processes.

    About Amadeus International

    Amadeus International is a pioneer and leading provider of Enterprise
Quality and Compliance Management software solutions. For over 14 years,
customers in the Life Sciences, Manufacturing, Financial Services and other
industries have automated their compliance and quality processes using Amadeus
software platforms. Its flagship product, eQCM(R), offers an integrated and
very cost effective solution for enterprise governance, risk management,
quality and compliance management. More information on Amadeus and eQCM(R) can
be found at www.amadeussolutions.com.

    - The TSX Venture Exchange does not accept responsibility for the
      adequacy or accuracy of this release.

    - Any statement that appears prospective shall not be interpreted as
      such.
    




For further information:

For further information: Manon Rouillier, Marketing and Communications
Manager, (418) 525-0606, ext. 2231, manon.rouillier@amadeussolutions.com

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