Released on: June 6, 2008, 12:33 pm

Press Release Author: Christopher Hitt

Industry: Financial

Press Release Summary: KM PolicyWatch, a breakthrough tracking system for harried
compliance professionals, launched Monday

Press Release Body: SEATTLE - June 9, 2008 - Bankers and broker-dealers who spend
untold amounts of time, energy, and resources to stay on top of their industry's
constantly shifting regulatory landscape now have a formidable new weapon in their
arsenal. Knowledge Mosaic LLC, a leader in web-based compliance solutions for
highly regulated industries, today announced the release of KM PolicyWatch, a
product created in direct response to feedback from the world's leading investment
and banking firms. The tool aims at what has become a tedious, error-prone, and
complicated exercise for compliance professionals: amending their internal policy
manuals to reflect the many changes that occur in Agency and SRO rules and
regulations. KM PolicyWatch automates this process, linking a company's data to the
relevant external rule, and alerting the user when a rule is changed or added.

In recent years, the financial industry has felt the burden of an increasingly
complicated regulatory infrastructure, along with federal and state legislation
meant to make the industry more accountable for its practices. In such a climate,
traditional methods of compliance are proving to be evermore time-consuming and
labor-intensive. As a result, the industry has been eager for alternatives that
promise improved accuracy, efficiency, and record-keeping ability.

Peter Schwartz, founder and president of Knowledge Mosaic LLC, noted his company's
new tracking system is designed to serve a wide variety of needs within the banking
and broker-dealer sector, with a web-based platform that is customizable to a given
organization's unique needs and data. "We designed this product in consultation
with individuals from the financial industry, so we're confident in what it can do,"
Schwartz commented. KM PolicyWatch tracks a myriad of proposed rule
changes-synchronized with the exact sections and manuals that may be affected-and
makes the data easily available for necessary updates. The system is also designed
to assist with audit requests, as users can preserve snapshots of the status of
rulemaking updates for any given time period, and create on-demand reports of
essential information.

Schwartz said he and his colleagues in Seattle are excited about the launch. "We're
very optimistic, not only because we are proud of this product, but because it seems
so well-suited for its moment. I don't think it's an exaggeration to say that KM
PolicyWatch has the potential to revolutionize compliance management for banks and
brokerage firms, in a way that is comparable to how the internet has revolutionized
the way we manage and experience data. The playing field is much narrower, but the
idea is the same. In a few years, we will look back on current methods of
compliance management in much the way that we now view the electric typewriter."

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Web Site: http://www.knowledgemosaic.com

Contact Details: Henryk Hiller
Vice President, Business and Legal Affairs
Knowledge Mosaic LLC
Phone: (206) 525-8395, ext. 1401
kmpolicywatch@knowledgemosaic.com