[May 06, 2013]

Modulo Announces Presence at Offshore Technology Conference (OTC) 2013 to Support Growing Adoption in Energy Industry

Modulo, a leading provider of Governance, Risk and Compliance (GRC) solutions, announced today the company's presence at the Offshore Technology Conference (OTC) 2013 being held this week in Houston, Texas (#OTCHouston). OTC is a foremost event for the development of resources in the fields of offshore drilling, exploration, production, and environmental protection. The conference attracts over 80,000 attendees and is sponsored by 13 technical societies that cover all aspects of the energy industry. Modulo will participate in the Brazilian Pavilion exhibit, organized by the Brasil IT+ initiative, an initiative promoting the Brazilian Information Technology sector globally.

Many energy companies - including those in the Oil & Gas and Electrical Power Utilities sectors - are looking to improve corporate governance by assessing their IT systems and processes to align with company business objectives as well as to demonstrate compliance with multiple regulatory bodies and requirements. A growing number of these organizations are turning to Modulo Risk Manager to automate and assess compliance with different frameworks and regulations - including COBIT, ISO 17799/27002, ISO 27001 and SOX - in order to reduce audit costs and cycle time and eliminate redundant audits and controls.

Modulo also provides a framework for integrating Cybersecurity, Physical and Operational risk management programs - required in critical infrastructure environments such as SCADA - and for providing conformity with the NERC (News - Alert) CIP standard. Modulo uniquely enables organizations to map their assets, both IT and non-IT, to business processes to gain a harmonized, real-time view into risk and compliance across the enterprise, including partners and vendors. Powerful risk analytics and key risk indicators help CISOs, CIOs, CSOs, CPOs and CROs implement a risk-based approach to business decisions.

About Modulo

Modulo is a leading global enterprise provider of comprehensive Governance, Risk and Compliance (GRC) management solutions. Modulo's award-winning Risk Manager™ provides hundreds of organizations worldwide with the tools they need to automate the entire GRC management process to monitor, manage and sustain adherence to policy and regulations while reducing enterprise risk and complexity. Customers span the financial, health care, retail, telecom, power & gas and government sectors and include BASF, BC Hydro, Commercial Bank of Dubai, Microsoft (News - Alert), New York University Medical Center, Synovus Financial, and Schlumberger. Modulo has earned industry recognition as a 2012 Innovator of the Year from SC Magazine; "Best Buy (News - Alert)" and "5-Star" in SC Magazine's risk management group product reviews for two consecutive years (2012 and 2011); finalist in SC Magazine Excellence Awards for two consecutive years (2012 and 2011); and winner of the Info Security Products Guide Global Excellence Awards and Network Products Guide Product Innovation Award.

Visit www.modulo.com and follow Modulo on Twitter (News - Alert) @moduloitgrc.

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