"Hitec announces Corporate Governance & Compliance Management Capability"

Hitec Laboratories, the specialist Electronic Document & Content Management (EDM) developers, announced today the launch of its Compliance Management product ‘CONFORM’.

Aimed initially at Compliance Departments within the heavily regulated Global Banking & Financial Services marketplace, ‘CONFORM’ provides Board Members and Senior Managers with the ability to securely control the development and distribution of Regulatory information, with the added facility to demonstrate in real-time not only those who have received the information, but also those who have read and understood the content. Powerful auditing enables Managers to track compliance by Department, by Individual or by specific Document, on-line.

"Hitec have a proven track record in this market, having developed and successfully delivered EDM solutions for the past twelve years" commented Hitec CEO Jeremy Crame. "This is a logical extension to our existing business offering".

With offices in the UK and US, and certified Business Partners throughout the World, Hitec have the capability to deliver Corporate Governance & Compliance Management solutions on a global basis. In the past, Compliance Officers have disseminated and distributed Regulatory based information. Traditional methods however such as paper or CD-ROM, or Intranet sites or e-mails for example have proved ineffective, and have left Institutions open to criticism and possible fines.

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