Modulo, a GRC leading company, announced that Info Security Products Guide, world's leading publication on security-related products and technologies has named Modulo Risk Manager(TM) a finalist for the 2010 Global Product Excellence in Auditing Solution and Risk Management Solution.

Modulo Risk Manager(TM) provides organizations with the tools they need to automate the processes required for assessing and eliminating security vulnerabilities and attaining regulatory compliance. The software allows the identification of controls that should be implemented and obtain detailed recommendations based on best practices.

"We are proud to be recognized as a key industry player whose products have been named finalist by Info Security Products Guide," says Alvaro Lima, Chief Executive Officer of Modulo. "We believe this recognition is a clear validation to the fact that our products and services are gaining greater acceptance from existing and new customers."

Winners of 2010 Global Product Excellence Award will be honored on March 18, 2010 at the Palace Hotel in San Francisco. Modulo will be amongst the other key industry players at this event.

About Modulo:

Modulo is a market leader for Governance, Risk and Compliance management (GRC). Modulo Risk Manager(TM) provides organizations with the tools they need to automate the processes required for assessing security and attaining regulatory compliance. Over 1000 customers worldwide are today using Modulo`s solutions. In contrast to costly GRC "development platform offerings" Modulo Risk Manager(TM) has been independently recognized as the leading "out of the box solution" with significant integration capabilities. Recent honors received by Modulo include: Hot Company 2009 and the Global Excellence Customer Trust Award 2009 (Global Product Excellence in Auditing for Modulo Risk Manager).

To learn more about Info Security Products Guide Awards, visit www.infosecurityproductsguide.com.