SOX News
SearchHelp Licensing New Echometrix Technology to Enhance International Email Compliance Company
(June 30, 2008)-- SearchHelp, a software services company providing solutions for real-time online protection and family safety and offering technology to corporations, within various verticals, to help management analyze and measure sentiment and behavior in digital content, announced today that it has signed a licensing deal with Mandalax, LLP, an international email compliance company. The agreement includes the integrating of SearchHelp's new Echometrix technology into Mandalax's iMARC, a real-time email and document-archiving server that is fully compliant with increasingly stringent European and American regulations.
"With the continuous passage of new laws each year, meeting regulatory compliance requirements has become a seemingly endless task for enterprises. Rather than find a new solution for each new law, Mandalax's iMARC provides a single long-term solution which is flexible enough to adapt to new laws without requiring a massive migration and update of all the data in the system," said Rudi Baumann, Mandalax CEO. "The Email compliance business is international in scope and fast growing into a multi-billion dollar a year business. One of the biggest areas of concern for many company CIOs is the daily mandate to find better tools to proactively catch violations before they occur. iMARC enables companies to proactively review and enforce corporate email policies so they can perform regular audits and internal investigations. Partnering with SearchHelp and incorporating the Echometrix Technology will provide Mandalax and its customers a breakaway solution that will truly help make Mandalax a leader in the industry on a worldwide basis," continued Baumann.
"This partnership is important to SearchHelp's Echometrix division, as it establishes the first of many business verticals in a global marketplace that is rapidly growing and with a management team with 20 plus years of experience. Mandalax has offices around the globe and a distribution model that is truly unique, which will clearly separate them from the competition in this space. We look forward to working with Mandalax," said Bill Bozsnyak, SearchHelp CEO.
Mandalax supports all legal compliance standards including Sarbanes Oxley, USGAAP, SEC, GOB, LOPD, International GAAP etc.
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