Parlano Announces New Compliance and Ethical Walls Capabilities for Group Chat at SIFMA Technology Conference


MindAlign 2007 now features enhanced out-of-the-box integration with leading compliance solutions

See Parlano in SIFMA Booth #1863

NEW YORK, June 20 - Parlano, Inc. today announced enhanced compliance capabilities for MindAlign(TM) 2007, the most powerful persistent group chat solution for the enterprise. MindAlign 2007 organizes cross-functional teams in topic-based, business-class chatrooms (channels) and is the leading group chat solution for the financial services market.

Immediately available are pre-packaged compliance adapters that integrate MindAlign 2007 with leading solutions for securing, logging and archiving electronic business communications. These adapters build on the April launch of MindAlign 2007, which introduced a new compliance framework that simplifies integration with compliance systems via XML-based transformations rather than programmatic interfaces. With this release, Parlano is providing configurable compliance adaptors for Akonix, Assentor, and Facetime built on the new framework. The XML-based approach also simplifies integration of any commercial or custom compliance system with MindAlign. Parlano plans to announce additional pre-packaged compliance adapters in the near future.

With the new MindAlign 2007 compliance framework, pre-packaged and custom compliance adapters also benefit from a sophisticated queuing infrastructure that ensures that messages posted to a channel are captured and logged even during temporary compliance system downtime. This insulates MindAlign 2007 from the compliance system and enables fully compliant business-critical chat to continue rather than being blocked during outages.

Parlano also announced the immediate availability of enhanced functionality in MindAlign 2007 to proactively enforce "ethical walls" that prevent group chat between parties with conflicts of interest, such as energy traders and energy producers, or equity traders and mergers-and-acquisition professionals. The enhanced capability utilizes pre-defined "channel categories" that determine channel membership from Microsoft Active Directory® domains, organizational units, and/or groups.

Channel categories also reduce administrative costs because channel types that control membership, channel visibility, and other channel behaviors are configured up front and used repeatedly when new channels are created. They also eliminate the potential breach of compliance that occurs in other chat systems when "super user" administrator privileges are required to manage channels which then allow those users to monitor all conversations within the organization.

"Flexible security and compliance capabilities transform group chat from a powerful interaction tool to a mission-critical enterprise application," said Jeff Schultz, senior vice president of marketing at Parlano. "This transformation can dramatically improve an organization's communication and collaboration effectiveness and, consequently, their business success, while satisfying mandatory compliance requirements."

Availability

The enhanced compliance capabilities are available as separately licensable components of MindAlign 2007 and are available in early July. For more information visit www.parlano.com/ or call +1 (866) 727-5266 or +1 (866) PARLANO or the EMEA office at +44 (20) 7743 6480.

About Parlano, Inc.

Parlano is a leading provider of persistent group chat solutions. Parlano's MindAlign solutions deliver instant, intelligent and persistent group and topic-based messaging to securely connect employees, customers and partners with the right people, information and context to execute business processes more efficiently. Companies including ABN AMRO, Bank of America, Cantor Fitzgerald, Cargill, Citigroup, HSBC, Standard Chartered Bank, UBS and others rely on Parlano to utilize messaging as a strategic business tool. Backed by Longworth Venture Partners and Oak Investment Partners, Parlano supports its customers and partners from its worldwide headquarters in Chicago, Illinois and EMEA headquarters in London.

For additional information please visit www.parlano.com/ or call the HQ in Chicago at +1 (866) 727-5266 or +1 (866) PARLANO or the EMEA office at +44 (20) 7743 6480.

Source: Parlano, Inc.

CONTACT:

Jeff Schultz of Parlano, Inc.,

+1-312-655-8330, ext. 233,

jeff.schultz@parlano.com;

or Ed Marshall of Beaupre & Co. Public Relations,

+1-603-559-5816,

emarshall@beaupre.com, for Parlano, Inc.

Web site: www.parlano.com/

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