WorldCompliance Launches Industry-first FCPA Compliance Product

WorldCompliance launched a tool enabling organizations to easily detect corrupt Foreign Officials within their business networks and to comply with the Foreign Corrupt Practices Act (FCPA).

MIAMI, May 19, 2010 - Within the last two months, The United States Securities and Exchange
Commission has sent letters to companies abroad to discover potential
violations of the FCPA. The SEC asked several pharmaceutical and energy
companies about their controls against bribery. This action follows the
announcement by Lanny Breuer, chief of the Justice Department's Criminal
Division, in November 2009, that bribery investigations in the drug industry
are going to be a focus of his division.

To many organizations, this should not come as a surprise. The current
number of indictments has quadrupled compared to 2008 and fines and
settlements since 2009 have exceeded 2 billion USD. According to estimates
more than 120 billion dollars are being diverted into corrupt channels every
year in Africa alone. As such, the recent awakening of the United States and
the United Kingdom in the fight against corruption is welcomed by many
industry participants.

Easily detect corrupt Foreign Officials and comply with the FCPA

To aid in the fight against corruption, WorldCompliance has incorporated
its global database of Foreign Officials into a screening solution, which
allows customers to easily detect Foreign Officials and State Owned
Enterprises within their business network. Clients can automatically verify
who they are doing business with, benefit from integrated work flow features
and run reports after automatically screening their business network against
the most comprehensive database of Foreign Officials, State Owned
Enterprises, their directors and senior executives. "Everything your
compliance team needs is in one place, always accessible from anywhere. All
you need is a browser and you are ready to go, there is no need for complex
IT projects," said Dirk Mohrmann, CEO of WorldCompliance.

"Now, organizations can continuously monitor their business networks and
efficiently detect corrupt Foreign Officials. It meets the due diligence
needs of companies of all sizes, from the smallest to the largest
international enterprise," added Mr. Mohrmann.

The result is a giant step towards compliance with FCPA regulations, a
move to limit corruption with an efficient and cost effective tool for
ongoing due diligence.

FCPA dedicated website

WorldCompliance has launched a website exclusively dedicated to the
Foreign Corrupt Practices Act. To learn more about the Global FCPA List, go
to: www.fcpa-worldcompliance.com

About WorldCompliance

WorldCompliance has the most comprehensive database of individuals and
organizations that may represent a risk to your organization's finances and
reputation. Its solutions are used to identify entities linked to over twenty
risk categories including terrorism, narcotics, money laundering, fraud,
collateral crimes, politically exposed persons, foreign officials and state
owned enterprises.

    Sign up for our monthly FCPA newsletter at www.fcpa-worldcompliance.com
    Follow us on Twitter at twitter.com/worldcompliance
    Follow us on YouTube at www.youtube.com/worldcompliance

Lee Moran, +1-877-258-1877, leem at worldcompliance.com