Compliance 360 Partners With MediRegs, Inc.

Partnership Will Benefit Compliance Departments Throughout the Healthcare Industry

ATLANTA -- July 7, 2004 -- Compliance 360, the leader in enterprise compliance management applications, today announced that the company has entered into a partnership with MediRegs, the leading provider of compliance, regulatory and reimbursement information portals.

With a focus on source documentation from every agency and resource that a healthcare or life science organization could need, the mission of MediRegs is to help its customers save time, lower information resource costs and reduce legal exposure through comprehensive, systematic and effective regulatory, compliance and reimbursement content and tools.

"Our customers are looking for an end-to-end solution," said Steve Lefar, president, MediRegs, Inc. "The inherent differentiator with Compliance 360, as opposed to other solutions in the marketplace, is that the company has a very good solution that has been developed to meet the needs of the average healthcare organization."

From the time a regulation comes out, MediRegs customers want to be alerted to the fact that the regulation is in effect and applies to them. Customers want to research the regulation's history as well as how it relates to other regulations. They also want to be able to document and manage the policies and procedures that must be adhered to in order for that customer to comply with the regulation. By providing a greater level of integration with customer workflow and customer processes than either company could do alone, this partnership solves a real problem for customers.

"MediRegs is an ideal partner for Compliance 360 because the two companies have very complementary capabilities," said Steve McGraw, CEO, Compliance 360. "By way of this partnership, for the first time there will be a tightly- coupled integration of regulatory source information with a sophisticated software platform to help compliance departments manage the policies and procedures that need to be tightly integrated with those regulations."

About MediRegs, Inc.

MediRegs, Inc. is the leading provider of regulatory and compliance databases to regulatory professionals throughout the health, life science, medical and food industries in the U.S., Europe and other parts of the world. MediRegs' dedicated staff of editors and software professionals has developed and maintains over 2,000 collections of regulatory data. MediRegs has over 700 clients and more than 10,000 users, including top global drug companies, medical device makers, Fortune 50 consumer product companies, nationally recognized providers, many BCBS plans, 15 different federal agencies and over three dozen of the leading health care law firms and compliance consultants. For more information, visit http://www.mediregs.com.

About Compliance 360, Inc.

Compliance 360 is a leading provider of software that helps companies in regulated industries manage their corporate governance and compliance processes through a single enterprise-wide application. Over 200 companies use Compliance 360 products to control the costs associated with enterprise compliance management, while significantly reducing the complexities associated with monitoring and managing local, state and federal regulations.

By enabling companies to address the most important facets of a comprehensive governance program, Compliance 360 assists its customers in reducing costs and mitigating regulatory and compliance risk. Compliance 360 is headquartered in Atlanta, Georgia. For more information, visit http://www.compliance360.com.

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