Sarbanes-Oxley Corporate Governance Technology Speech to be Delivered at International Congress in Budapest, Hungary by Sterling Management Solutions Corp. Chief Operating Officer Robert N. Sobol (BusinessWire).

Princeton, N.J. June 25, 2003 / - Sterling Management Solutions Corp. Chief Operating Officer Robert N. Sobol will speak on Sarbanes-Oxley Corporate Governance technology solutions at the first convocation of the Congress of Fellows of the Center for International Legal Studies in Budapest, Hungary on July 12, 2003. Mr. Sobol is a Fellow of the Congress. Ferenc Mádl, President of Hungary, and Justice Arpád Erdei of the Hungarian Constitutional Court (equivalent to the US Supreme Court) will be inducted as Fellows. The Convocation will also be attended by numerous ambassadors, the President of the Hungarian Bar Association, and various esteemed business leaders, jurists and practitioners from around the world.

The speech by Sterling’s COO will describe recent advances in corporate governance and compliance technologies, including Sterling’s new patent-pending PerformBI for Corporate Governance solution, which allows for the management, detection, prevention and correction of corporate governance and securities fraud compliance issues, and related certifications, policies and procedures.

PerformBI for Corporate Governance provides a unique combination of pre-built industry-specific fraud detection and compliance analytics, and workflow automation and document management technologies. Mr. Sobol is the co-inventor of the solution, along with Solomon Klinger, President, Chief Technology Officer and Founder of Sterling.

“It is an honor to be a member of a body representing such distinguished practitioners (both from business and private practice), jurists and government officials from countries around the world,” said Mr. Sobol. “The primary subject matter to be covered at this convocation of the Congress, recent developments in corporate governance, is of critical importance to U.S and international business leaders, shareholders and securities markets. These are days of a rapidly shrinking world, especially for large multinational corporations. Governance scandals or missteps in one market quickly affect the company’s share price everywhere. The essential role of new technologies in monitoring, detecting and preventing often irreparable damage to companies’ reputations before it happens should not be underestimated.”

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