Compliance11 Releases Second Generation Compliance Management Software

Increased Functionality Gives Financial Services Firms a Better Grip on Compliance Supervisory Activities

CHICAGO, IL, July 15, 2008 - Compliance11™, Inc. a leading provider of regulatory compliance management solutions, today announced that it has released Compliance11 Supervisory Suite 2.0. The second generation Software-as-a-Service application has an enhanced design including expanded functionality within each of the software's four modules -personal trading, affirmations and disclosures, gifts and case management.

Tad Mitchell, president and chief operating officer at Compliance11 said, "As a SaaS provider we are able to constantly enhance the application with no impact or cost to our customer base. Our solutions are based on the feedback and direction of our clients resulting in a synergistic and effective compliance management product suite."

Compliance11 Supervisory Suite 2.0 adds a number of features including:

Enhanced look and feel to significantly improve the user experience
Integrated employee brokerage accounts between the personal trading and affirmations modules
New, user simplified, brokerage feed upload capabilities to improve personal trading analysis
Upgraded reporting capabilities
Role-based case assignment and management
Improved workflow with multiple levels of approval

Mark Egert, chief compliance officer, Cowen Group, Inc. said, "The Compliance11 Supervisory Suite has had a very positive impact on the day-to-day management of our compliance activities and provides better tools for supervision and surveillance. By implementing the personal trading and affirmations & disclosures modules, we now have a system that allows us to efficiently automate previously manual processes and provide the structured evidence of review to make our job easier."

To view the new version of the software or request a free trial, visit our website at www.compliance11.com or call 312-676-2041.

About Compliance11

Compliance11, Inc. is a leading provider of regulatory compliance management solutions. The Compliance11 Supervisory Suite addresses a critical need for compliance officers to meet current regulatory and supervisory guidelines. The SaaS application automates and effectively manages employee personal trading, affirmations & disclosures, gifts and case management. For additional information visit www.compliance11.com.

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