(MONTCLAIR, NJ – July 20th 2009)

News Facts:

• A second wave of Swine Flu is certain to hit the United States as the Fall Flu Season approaches. Even if Influenza A proves no more deadly than regular winter flu, (which kills 36,000 Americans a year), it is expected that teenagers and young adults will be disproportionately hit, according to the Center for Disease Control and Prevention. Both types could very well spread at the same time this fall.

• Influenza A has impacted the worldwide economy - in United States alone, the swine flu outbreak hit all 50 states earlier this spring. The potential pandemic impact in the Fall Season, is worrying not only US private and public entities but the the population itself is increasingly becoming concerned about the health situation in the country. Organizations need therefore to react quickly and develop business continuity plans to warn and protect their workers of the possible new wave of contaminations.

• Modulo (www.modulo.com), a leading provider of IT Governance, Risk and Compliance solutions (IT GRC), has adapted its award winning software Modulo Risk Manager™ to help private and public institutions deal with this pandemic scenario.

• Modulo Risk Manager™ automates the process required for minimizing the risks of contamination through providing checklists, graphs, and maps in order to prevent and protect a business and its customers from potential damages and resulting losses. Risk Manager therefore helps protect organizations from the impact of possible epidemic scenarios and provides business continuity solutions.

Background:

• H1N1 Influenza already has over 37 thousand confirmed and probable cases in United States and its territories. On June 11, 2009, the World Health

Organization (WHO) signaled that a global pandemic of novel influenza A (H1N1) was underway by raising the worldwide pandemic alert level to Phase 6. This action was a reflection of the spread of the new H1N1 virus, not the severity of illness caused by the virus. At the time, more than 70 countries had reported cases of novel influenza A (H1N1) infection and there were ongoing community level outbreaks of novel H1N1 in multiple parts of the world.

• Modulo Risk Manager™ was first applied in a pandemic scenario when it was implemented by Banco Real, one of the biggest Brazilian banks (part of Santander Group), during the Avian Flu scenario in 2006. The software was adopted as a tool for internal risk management and a solution was developed to support the necessary decisions in the event of wholesale contamination.
You can find more information about this case at http://www.modulo.com/pdf/cases/risk-manager-abm-real.pdf

Supporting Quotes:

• “In Mexico, the Federal Government’s recommendation for the population not to leave their homes will have a direct impact on the majority of organizations and consequently, it will also have a negative impact on the economy. The lack of preparation for such a situation could be disastrous for many of these organizations”, states Alvaro Lima, Modulo’s co-founder.

• “In the case of the contamination threat of influenza A, organizations which adopt a preventative strategy together with effective business practices, can return to their core activities much more quickly after a crisis situation. Unfortunately, the reality today is that many organizations have not developed effective strategies to quickly and effectively return to their core activities after such a crisis”, says Alvaro Lima.

• “From the moment organizations have designed a contingency plan, they are in a position not only to support their employees during a period that threatens their personal health but they are also able to provide ways to identify key risks. This can be enabled through a reliance on clear information, clear procedures such as; meeting isolation requirements, planning effective transport strategies and enabling the correct health center processes. – all of these measures will prevent the panic that can inevitably result in such a situation whilst protecting the potentialy disastrous decrease in an organizations productivity. These preparations are also essential to avoid generalized hysteria”, states Modulo’s co-founder Alvaro Lima.

Additional resources:

• Modulo Risk Manager™ overview
• Centers of Disease Control and prevention (CDC)/ H1N1 (influenza A)

About Modulo

Modulo (www.modulo.com) is a market leader for IT Governance, Risk and Compliance management (ITGRC). Modulo Risk Manager™ provides organizations with the tools they need to automate the processes required for assessing security and attaining regulatory compliance. Over 1000 customers across 3 continents are today using Modulo solutions which include; Risk, Policy, Asset, Threat, Remediation Workflow, Business Continuity, Incident, Loss Event, Vendor, Audit and Compliance Management. In contrast to costly GRC “development platform offerings” Risk Manager ™ has been independently recognized as the leading “out of the box solution” with significant integration capabilities. Recent honours received by Modulo include: Hot Company 2009 and the Global Excellence Customer Trust Award 2008 (Global Product Excellence in Auditing for Modulo Risk Manager).