Paisley Consulting Introduces Upgraded Version of AutoAudit Software

Market Wire, September, 2006

Paisley Consulting, a leading provider of governance, risk and compliance ( GRC ) and audit software solutions, today announced the availability of Version 2.0 of its AutoAudit for Windows software. The latest version features a new and intuitive graphical user interface to enhance usability and productivity.

The software's fresh look and feel includes a redesigned home page for easier navigation, a revamped menu bar and panes, as well as an improved graphical presentation with a new color scheme and consistent fonts. AutoAudit 2.0 also includes a financial trial balance spreadsheet to help auditors quickly and easily close their books. In addition, the software now incorporates an updated version of Paisley Consulting's Issue Track software, which enables organizations to track, manage and remediate issues that arise during the audit process.

"We have been an AutoAudit customer for three years now," said Inge Williams, of Corporate Finance Financial Audit at Siemens AG, Germany. "AutoAudit has proven to be an invaluable tool for improving the efficiency and accuracy of our audit processes. We are keenly looking forward to upgrading to the latest version of AutoAudit, and benefiting from its new usability enhancements."

"Since debuting AutoAudit more than 11 years ago, Paisley Consulting has remained committed to continuously improving our software based on customer input and industry best practices," said Tim Welu, CEO of Paisley Consulting. "The upgraded version of AutoAudit is another demonstration of our leadership in product innovation and usability."

AutoAudit, a paperless audit management system for internal audit departments, is universally recognized as the leading solution on the market today. Developed by internal auditors and used globally by more organizations than any other audit automation tool, it increases the efficiency and productivity of the entire audit process including risk assessment, planning, scheduling, preparation, review, report generation, global issue tracking and administration. AutoAudit is available as a standalone software package, or as part of The Paisley Solution, the industry's only integrated platform for compliance, risk management and audit.

Available now, the new version of AutoAudit is free of charge for current customers who are active with their annual support contracts. Current customers can initiate the upgrade process by calling their account manager at 320.286.4526. New customers interested in further information about AutoAudit can call 888.288.0283 or visit www.paisleyconsulting.com .

About Paisley Consulting

Founded in 1995, Paisley Consulting is the recognized leader in providing more than 1,250 organizations -- including 35 percent of the Fortune 100 -- with comprehensive and tightly integrated solutions to better identify and reconcile the risks impacting organizations thereby ensuring that evaluations of operational risk are completed quickly, consistently and accurately.

Leveraging industry best practices, a common technology platform and a unified database to facilitate standardized, automated and collaborative processes across the enterprise, Paisley Consulting customers are empowered to improve the accuracy, consistency and efficiency associated with Sarbanes-Oxley compliance, internal audit, general compliance and operational risk management initiatives. Developed for companies of every size and across multiple industries, Paisley Consulting's solutions can be implemented as an integrated whole for maximum value or may be deployed as individual point solutions. Either way, our best-of-value solutions can help you reduce costs and target opportunities for continuous improvement. For more information, call 320.286.5870, email info@paisleyconsulting.com or visit www.paisleyconsulting.com .

Press Contacts: Stacey Billy Paisley Consulting 763-450-4821 Email Contact