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Software helps set spreadsheet retention policies.

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April 10, 2009 - Used to manage and control information to promote compliance and risk management, ComplyXL provides ediscovery, reporting, and corporate-wide spreadsheet monitoring capabilities. Retention process is on-going and, once set, does not require any further user input. Functionality also addresses spreadsheet indexing, storage locations, searching for active/inactive documents, and classification. Reports detail aspects of spreadsheet content, use, and changes.

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Original Press release

Lyquidity Solutions
Ground Floor Office Suite, 16 Lynton Road
Surrey, , KT3 5EE
United Kingdom



ComplyXL Helps Organizations Set Spreadsheet Retention Policies to Manage Compliance


Provides ediscovery, reporting and corporate wide spreadsheet compliance

London, New York, Lyquidity Solutions, www.lyquidity.com providers of ComplyXL for enterprise spreadsheet compliance and risk management today announce a new way to ensure corporate retention policies are met.

ComplyXL, the innovative solutions for enterprises to manage and control the information held in spreadsheets, now addresses the need for corporation to set retention policies for information held in spreadsheets. With ComplyXL, spreadsheets can now be included in the corporate retention policies, and can be applied across divisions and business units.

ComplyXL also addresses other key areas of information retention, such as:

- an index of spreadsheets
- the locations where these spreadsheets are held
- the ability to search for active and inactive spreadsheets
- classification of spreadsheets, whether critical, medium or low risk
- determine retention periods
- continuous monitor of spreadsheets

Sandy Marshall, Product Manager for ComplyXL comments "ComplyXL ensures that this retention process is on-going and once set, doesn't require any further user input. This is part of a wider process that ComplyXL helps with such as the analysis of spreadsheet use in an organization, with clear and easy ways to report detailed aspects of spreadsheet use, who changed the spreadsheet, what changed, when, are there any hidden cells, broken links, error formulas, has the latest version beeen approved and so on. In this way we aim to help our customers streamline the ability to control and manage the risks that can be associated with spreadsheets".

This enhancement is designed to help reduce the cost and time taken to audit and comply with legislation and is part of ComplyXL Enterprise. For more information about ComplyXL and how it can help control and manage spreadsheets within your organization, please visit our website at http://www.lyquidity.com or contact sarah.hothersall@lyquidity.com to arrange a presentation.

Pricing is also shown on the website at our pricing page. Enterprise solutions available for under $10,000.

About Lyquidity Solutions

Lyquidity Solutions is a privately held, leading international spreadsheet management software company providing corporations worldwide with compliance tools to ensure corporation governance. With technology for full spreadsheet control and management, Lyquidity provides solutions to organizations across market sectors from bank and finance through to airlines, consultants, healthcare and mining throughout the world.

US inquiries please call 1-800 401 0289, and for European enquiries please call +44 (0)207 043 2777 or email info@lyquidity.com Media contacts should be addressed to sarah.seddon@lyquidity.com
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