Released on = February 27, 2007, 2:40 am

Press Release Author = Marco Tapia

Industry = Software

Press Release Summary = Monday 26 February 2007 - Risk Shield Pty Ltd today
announced the launch of the On Demand
version of its Enterprise Risk Management (ERM) software.

Press Release Body = Risk Shield is one of the most advanced enterprise risk
management software solutions available
and allows users to manage risk as well as develop detailed risk profiles and
business continuity
strategies.
Risk Shield On Demand combines the functionality of the Award Winning licensed
version of the
program with the flexibility of Software as a Service (SaaS) including:
. Web based operation for an immediate start
. Elimination of installation and start-up costs
. Seamless upgrades and maintenance
. Accessible anytime, anywhere
. Trial before you purchase
The release of Risk Shield On Demand enables Risk Shield to implement a world wide
distribution
model and share the benefits of Risk Shield with a greater audience including risk
management
consultants and medium size enterprises.
Aligned to the national (4360) and international COSO standards for ERM, Risk Shield
provides
the most powerful tools to help organisations effectively attend to their complex
daily risk
management activities. The advanced functionality of Risk Shield includes;
. Detailed recording of risks and incidents
. An advanced risk analysis module for extreme risks
. In depth analysis and risk profiling using Monte Carlo Simulation
. Comprehensive reporting and Bow Tie diagrams
. Comprehensive alerts and notifications functionality
. A flexible company structure to perfectly match your organisation
. Unlimited users to enable Risk Management to become the domain of the entire
organisation
. Highly customisable to enable you to implement your own risk management framework
About Risk Shield
Risk Shield is a subsidiary of PicNet, a leading provider of IT services and
Microsoft Gold Partner.
Risk Shield provides ERM software delivered in license model, hosted and SaaS. In
addition, a
Pocket Risk Shield is also available to WM5 users. Risk Shield also provides email
protection
services powered by Postini

Web Site = www.riskshield.net

Contact Details = Risk Shield Pty Ltd
Marco Tapia
Managing Director
Ground Floor 120 Christie St
St Leonards, NSW, 2065
T. +61 2 8437 7901
marco.tapia@riskshield.net
www.riskshield.net