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Oversight Systems and SolomonEdwardsGroup to Co-Host May 21st Web Conference: Best Practices for Automating Fraud Prevention

Oversight Systems CEO Patrick Taylor and SolomonEdwardsGroup Senior Manager, ERM Services, Chris Denver to Present on Latest Developments in Fighting Corporate Fraud

ATLANTA (May 20, 2008) – Oversight Systems Inc., the leading provider of automated continuous monitoring solutions, today announced that it will co-present with SolomonEdwardsGroup, LLC (SEG), a national CFO services firm, on Best Practices for Automating Fraud Prevention, in an open-enrollment web conference to be held Wednesday, May 21^st, at 1:00 p.m. (EDT). The conference will feature Oversight Systems CEO Patrick Taylor, and SolomonEdwardsGroup Senior Manager, ERM Services, Chris Denver.

The 1-hour conference will review the latest approaches, processes and technology for risk management in today’s corporate fraud environment.

Denver will review the current fraud risk landscape and emerging best practices in fighting corporate fraud. Taylor will outline the structural requirements for fraud monitoring technology, and program management considerations for managing the investigation and remediation process.

Webinar attendees will gain:

· A better understanding of today’s corporate fraud risk environment

· Knowledge about performing an effective risk assessment for your company

· Insight into Computer Assisted Audit Techniques

· A clear picture of the structural requirements for fraud monitoring technology

· Guidance on Case Management and Compliance Workflow

· Information about integrating fraud prevention with compliance reporting and documentation

To register for the webinar, go to www.oversightsystems.com/OS-SEGwebinar.

About Oversight Systems, Inc.Oversight Systems takes continuous controls monitoring to the next level, with real-time transaction integrity inspection for identifying fraud, misuse and errors. Oversight’s software provides a platform for continuous monitoring with powerful analytics that excel at finding problems, then raises the bar with an investigator’s workbench for cost-effectively fixing the problem, and workflow-enabled audit trail and journaling for proving problem resolution and compliance. By inspecting each step of individual transactions across all financial systems, Oversight identifies all errors and fraud, drives defects out of the process, and sustains Sarbanes-Oxley compliance. For more information, visit www.oversightsystems.com.

About SolomonEdwardsGroup, LLC

SolomonEdwardsGroup, LLC (SEG) is a national CFO services firm solving the shifting needs of CFO organizations and its professionals. It is recognized for delivering talent, perspective, and action in the critical areas of risk and regulations, resource management, accounting operations, and business performance. Headquartered in Philadelphia, the firm operates offices in Atlanta, Chicago, Dallas/Fort Worth, Houston, Kansas City, New York/New Jersey, and Washington, D.C. Metro. Additionally, it maintains a global network of partners to serve multinational clients. For more information, visit www.solomonedwards.com.