Tuesday, August 2, 2005

TruArx Joins Forces with Texas-based TruComply

TruArx Joins Forces with Texas-based TruComply

TruArx Joins Forces with Texas-based TruComply: Merger strengthens company's cost-effective IT Governance, Risk and Compliance solutions and services

Farmington Hills, Mich. (PRWEB) October 28, 2008 - TruArx, Inc., a metro Detroit-

Based IT governance, risk and compliance (IT GRC) solution and service company, today announced its merger with Austin, Texas-based TruComply, a leading provider of payment card industry (PCI) compliance management and e-learning solutions. The two companies have consolidated their software-as-a-service (SaaS) compliance products under the name TruComply.

TruArx is best known for helping companies optimize business performance with economical and quick-to-implement IT GRC solutions like its flagship offering TruView. Now known as TruComply, the solution has enhanced capabilities to help companies better manage risk and adhere to industry standards and government regulations according to TruArx President Robert Capinjola.

TruComply, a cost-effective, risk-based decision-making tool, helps companies focus limited compliance budgets on priority areas of the business. Customers don't have to purchase expensive software or hardware, maintain data, or spend months implementing technology to use TruComply, which significantly lowers overall investments. The web-based solution can quickly identify risks that effect critical assets that support essential business processes. TruComply's database contains an exhaustive inventory of standards, frameworks, regulations, recommendations and risk profiles. Once implemented, TruComply dynamically constructs a high quality, cost-effective strategy for improving information security and complying with industry regulations like Sarbanes Oxley Act (SOX), Gramm-Leach-Bliley Act (GLBA), HIPAA, PCI DSS, ISO standards and more. Key information like compliance standards, controls and threat profiles are maintained as part of the SaaS model.

TruComply's easy-to-understand recommendations help executives and compliance professionals quickly determine the most cost-effective way to reduce risk. The service automatically maps controls and policies to governance and industry standards to further identify the criticality of gaps in policy coverage for company procedures and IT resources.

"Considering recent financial events, businesses can expect the complexity and cost of compliance to grow because of current risk management deficiencies," says Robert Capinjola. "TruComply is affordable and makes it easy to develop a compliance program because of its software-as-a-service delivery model." Capinjola believes TruComply addresses a wide range of requirements while offering a broader on-demand solution that strengthens compliance and lowers costs. "By adding the TruComply suite of offerings, clients can continuously review security and compliance and easily decide where to best apply limited budgets to mitigate risk."

TruComply President and CEO Chris Noell joins TruArx as executive vice president of product management. "TruComply's PCI offerings and expertise are a perfect complement to TruArx's IT GRC knowledge," says Noell. "Joining forces with TruArx enhances our capability to provide customers with a broader array of capabilities including task and workflow management, compliance e-learning content, and policy management so IT teams can handle security compliance and risk with one integrated system." Noell adds customers will benefit with greater levels of support, lower maintenance costs and more frequent application and information upgrades.

About TruArx:
TruArx is a leading provider of cost-effective, easy-to-implement IT information governance, risk and compliance (IT GRC) solutions that address a wide range of requirements. TruArx software-as-a-service solutions allow clients to quickly implement and continuously review security to improve protection and reduce the cost of compliance and risk. By implementing these services and solutions, clients can optimize business performance and experience a higher return on security program investments.

TruArx is headquartered in Farmington Hills, Mich., with offices in Austin, Texas, Columbus, Ohio, Nashville, Tenn., and Washington, DC. For more information, visit http://www. truarx. com (http://www. truarx. com) or call 800.658.8709.

About TruComply:
TruComply, now part of the TruArx family, enables clients to achieve and maintain compliance with the Payment Card Industry Data Security Standard (PCI DSS) through a comprehensive suite of web-based tools. TruComply tools support clients throughout all phases of the compliance process including education, evaluation, remediation, maintenance, and ongoing updates. TruComply is a member of the PCI Security Standards Council and ANSI X9 and currently serves over 500 clients in North and South America.

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