Softrax Executive Webcast: The New and Improved SOX 404

Business Wire, Nov 6, 2007

Expert from Grant Thornton Reviews Guidance from SEC, COSO on Internal Controls

CANTON, Mass. -- Softrax, a leading provider of enterprise revenue management and billing software solutions, today announced that it will present a live executive Webcast to discuss the most current guidance on internal controls from the SEC and COSO for companies dealing with Section 404 compliance. The event will be held on Tuesday, November 13 at 1PM Eastern, and will be presented by Trent Gazzaway, Managing Partner, Corporate Governance, Grant Thornton LLP and hosted by Robert O'Connor, President and CEO of Softrax Corporation.

Four years into the Sarbanes-Oxley compliance journey, there is more guidance available than ever before. So what do these developments mean and how can you leverage them to improve compliance, minimize risk and create business value?

The Webcast will cover the SEC's new interpretive frameworks for management, including identifying risks and controls, evaluating effectiveness, and reporting and documenting results. Mr. Gazzaway will also discuss COSO's guidance on monitoring - its primary phases and goals, as well as some practical examples.

This is a unique opportunity to hear and question one of the nation's leading authorities on Corporate Governance. We hope you will join us for this one hour, interactive event.

The Webcast is presented free of charge, compliments of Softrax Corporation. Please register at www.softrax.com/executive-webcast or call Toll Free 1.888.476.3872.

About Softrax

Softrax Corporation is a leading provider of enterprise revenue management and billing software solutions that fundamentally change the way companies manage, analyze, report and forecast their revenue. Softrax solutions automate the entire revenue cycle, from revenue recognition, reporting and forecasting, through complex billing and contract renewals. Hundreds of corporations benefit from using Softrax to maximize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance. Softrax Corporation, headquartered in Canton, MA is privately held. More information can be found at www.softrax.com, www.revenuerecognition.com, and by calling 1.888.4.SOFTRAX.