Business Services Industry

Compliance Systems Lauds FTC Telemarketing Sales Rule Amendment

Business Wire, August 22, 2008

Company's E-Alert Feature: Valuable Resource For Regulatory Guide Subscribers

GLEN COVE, N.Y. -- Compliance Systems Corporation (OTCBB: COPI), a provider of compliance technologies and methodologies to the teleservices industry, lauds the two recent Federal Trade Commission ("FTC") telemarketing sales rule amendments (the "TSR").

The first amendment expressly bars telemarketing calls that deliver prerecorded messages, unless a consumer previously consented to such calls. The second amendment modifies the FTC's current method of measuring the maximum permissible level of "call abandonment" to coincide with the existing Federal Communications Commission ("FCC") telemarketing rule. The current three percent abandonment rate will be retained, but it will be calculated over a thirty day period rather than on a daily basis.

"The recent rule changes by the FTC are aligned with the teleservices industry's commitment to adopting best practices," said Dean Garfinkel, chief executive officer of Compliance Systems Corporation. "Our Regulatory Guide subscribers, teleservices professionals at all levels, were immediately notified of these rule changes via e-Alerts."

The company's Regulatory Guide(SM) (www.regulatoryguide.com), which provides automatic e-Alert, and is part of its suite of compliance offerings, is designed to deliver these types of critical changes to Federal and State regulations quickly to its subscriber base. The Regulatory Guide provides all of the pertinent information in one source that is regularly updated and is available as a service to its online subscribers.

About Compliance Systems Corporation

Headquartered in Glen Cove, NY, Compliance Systems Corporation (www.callcompliance.com), is a developer of technology-based compliance solutions for the teleservices industry. Its prime focus is ensuring 100% compliance with Federal, State and local government "Do-Not-Call" laws through its flagship patented product, TeleBlock([R]) and its associated suite of telecommunication products. The company sells to corporate companies and business across a wide-range of industries and sectors. For more information on the company and/or our product suite, please visit www.callcompliance.com or (888) 674-6774. Call Compliance Inc. is a wholly owned subsidiary of Compliance Systems Corporation (OTCBB: COPI).

Forward-Looking Statements

The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 
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    voicelogic.com

    10/18/09 | Report as spam

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