Seasoned Financial Risk Management Executive Chosen to Help Drive BPS's Global Growth

    NEW YORK, August 9 /CNW/ - BPS, a leader in enterprise-wide, governance,
risk and compliance software solutions, today announced the appointment of
Lloyd Hardin as the company's new EVP, Sales and Marketing. A senior executive
with over 15 years experience in financial risk management, Mr. Hardin will
help drive expansion of the growing BPS client base across domestic and global
markets. He will be based in New York.

    "This is a very exciting time for BPS and I'm grateful for the
opportunity to be part of such a focused and energetic team," said Hardin of
his decision to join the BPS team. "The high quality software, outstanding
delivery services and premier clients are a recipe for success in delivering
real value in the GRC space."

    "BPS is in an ideal position to dominate the marketplace," said Hardin of
his decision to join the BPS team. "We are one-hundred percent focused on GRC,
we have superior technology, and, unlike our competitors, our platform was
explicitly built to support GRC integration across the enterprise."

    Having built a prominent operational risk software and consulting
business from the ground up, Hardin brings invaluable experience to BPS. He is
also a seasoned risk management practitioner and has served as a consulting
partner to some of the world's largest and most sophisticated financial
institutions. Prominent roles include: Managing Director at
Fitch/Algorithmics, where he led the operational risk software and services
teams; Principal Consultant in the financial risk management practice at PwC;
Development Manager with Merrill Lynch; and Research and Marketing Manager
with Farrell-Wako Global Investment Management.

    "Lloyd Hardin comes to us at an ideal time in our company's evolution and
we couldn't ask for better credentials in an EVP," said BPS President and CEO
Mark Opausky. "BPS is breaking new ground in product development, and Lloyd
shares our vision of bringing world-class products, services and industry
expertise to our expanding client base."

    About BPS

    With offices in New York and Toronto, BPS provides enterprise-strength
governance, risk and compliance solutions that deliver measurable value to
clients across North America and around the world. The company's flagship
solution, BPS Platform(TM), is a flexible, scalable system for managing
compliance, internal audit and operational risk across the organization.

For further information:

For further information: Alla Valente, VP Marketing, (646) 367-2086,

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