MFX Adopts Management Consultant Approach to Deliver Complete Security Solution to Corporate Customers


MFX Partners With SecureIT To Add New Consultancy Dimension To Its CorporateShield Security Services

MORRISTOWN, N.J., Aug. 20 -- MFX, a leading provider of IT applications, consulting and outsourcing solutions, has developed its CorporateShield security offering into a full management consultancy service that will provide top tier corporate decision makers with a complete roadmap to corporate security, risk management, privacy and compliance. MFX has partnered with SecureIT, a wholly owned subsidiary Neotel International Inc., to leverage SecureIT's experience in developing a business-based approach to corporate security issues.

As part of the arrangement, Neotel's SignHere biometric signature software will be incorporated into MFX's web-based processing and claims software products, WriteNow and ClaimsAssure, which are used across the insurance industry worldwide. By utilizing the digital signature software, which captures a statistical diagram of signatures and analyzes over 30 different parameters to ensure authenticity, MFX expects to further increase the speed of processing and claims cycles for insurers, while adding an extra security dimension.

"MFX's CorporateShield team is equipped to evaluate physical and enterprise security risks and implement high-tech security solutions to mitigate any exposure, while releasing customers' resources to focus on other core business areas," reports Ross Alexander, Chief Security Officer at MFX. "Our new management consultant approach leverages SecureIT's experience to provide clients with a complete road map that enables customers to better manage the risk of digital assets and reputations, while providing a greater return on their risk and security investment."

According to Ross, many organizations make the mistake of assuming that data and network security is a technology issue, rather than a business process issue.

Says Alexander, "Through misunderstanding and not applying the correct methodologies, many businesses are either spending too much or too little on security. Enterprise security is really about people, process and technology -- in that order -- and security needs to be viewed as a business process, just like sales, marketing or manufacturing. It's a day-to-day process and, through this partnership, we'll be able to ensure that our customers have the right amount of security, at the right price, mitigating the right amount of risk."

Cam Johnston, Chief Security Officer at SecureIT comments, "SecureIT combines focused security expertise and methodologies with tremendous big firm experience that will enable MFX to set a new standard in delivering new risk management, privacy, compliance and security services. MFX will be able to deliver its customers with a business-based approach and dialogue to security issues, so that CEOs and business leaders can make rational, informed decisions about security -- just the way they would about any other part of their business. Together with SecureIT, MFX will apply methodologies that enable non-technical, business decision-makers to understand where they are on a security road-map, and where they need to be, on an on-going basis."

Ray Roy, Chairman & CEO of MFX, adds, "The partnership between MFX and SecureIT is a compelling combination for corporations looking for a total business security solution. MFX serves the highly regulated, data-intensive insurance and financial industries. We continue to invest in the technical capabilities required by these security conscious sectors."

For more information on MFX visit: www.mfxfairfax.com or contact Tel. 866 639 6399. Additional information about Neotel is available at neotel.ca.

About MFX

MFX has locations in New Jersey; Virginia; Texas; Toronto, Canada and Dublin, Ireland with production environments that include mainframe, midrange and server platforms. MFX was formed as an independent technology company to support insurers, reinsurers, risk managers, agents and brokers with proven eBusiness and other technological solutions designed specifically for the insurance industry. These are proven products, the result of leveraging our experience in managing insurance processes on a global basis. It's this depth of experience in our industry that makes MFX the ideal technology partner for companies ready to move at the speed of opportunity.

About Neotel International Inc.

Neotel is a provider of secure fax, biometric signature authentication and other secure solutions to enterprise and government. Neotel offers clients a portfolio of secure solutions to protect assets, reduce costs, increase revenues and comply with government and industry regulations. Neotel's biometric identification solution SignHere allows for electronic signature capture that is uniquely personal and impossible to forge. Neotel, through its subsidiary, SecureIT Investigations & Consulting Inc., is a leading provider of consulting solutions for security, privacy, risk management and compliance designed to protect and enhance both enterprise and government security and privacy requirements. Neotel, through its subsidiary, Admiral Secure Products Ltd., is a leading provider of secure fax devices designed to protect sensitive facsimile communications from inadvertent or intentional disclosure.

Source: MFX

CONTACT:
Glen Turvey of T2 Public Relations,
+1-973-964-2723,
glent@t2pr.net,
for MFX

Web site: www.mfxfairfax.com/

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