Sarbanes-Oxley Contract Management and e-Discovery Solutions Propel Revenue Growth; Position ZyLAB as a Market Leader

London, October 23, 2006 – ZyLAB, an innovative developer of Information Access Solutions, today announced that it is a finalist for the prestigious KM Promise Award, sponsored by KMWorld Magazine.  This award recognizes ZyLAB’s ability to provide its customers with innovative technology solutions for implementing and integrating knowledge management practices into their business processes. 

“As is the case with all finalists in the Promise category, ZyLAB  demonstrates how it goes beyond simply delivering technology to working with clients to ensure that both the technology and knowledge processes are seamlessly imbedded into successful execution,” said Hugh McKellar, KMWorld Editor-In-Chief.

In particular, the company’s contract management and e-Discovery solutions are playing a central role in the company’s recent revenue growth.  The ZyIMAGE e-Discovery suite is built on an XML data repository and provides users with investigative tools to store, search and retrieve vital information through a standard Internet browser.  All unstructured data is stored in the XML data repository, and integrated functionalities enable users to capture and add new data, analyze and collaborate on the data, and retrieve and share this data.  Because of its modular structure, the ZyIMAGE e-Discovery suite is completely scalable and therefore provides a solution to address the requirements of both departmental and enterprise-wide organizations.

Built from the ZyIMAGE Records Management Application (RMA) Module, ZyLAB’s contract management solution provides organizations with the ability to maintain control and guarantee the integrity of information reporting processes.  The ZyLAB Contract Management solution’s full-text search and hit navigation functions further enrich users’ contract management capabilities beyond basic Sarbanes-Oxley requirements by providing organizations with a powerful Web-based electronic document repository.  With robust e-discovery features and enhanced usability, the solution offers value to end users throughout the organization as well as contract managers in the legal department.

“We are pleased to be a finalist for this award and recognized as a company that delivers on its technology promises,” said Dr. Johannes Scholtes, President of ZyLAB.  “Our solutions are modular and affordable, and, most importantly, they fit seamlessly into any existing IT infrastructure.”

About KM World
The leading information provider serving the Knowledge, Document and Content Management systems market, KMWorld informs more than 50,000 subscribers about the components and processes - and subsequent success stories - that together, offer solutions for improving business performance.  KMWorld is a publishing unit of Information Today, Inc.

About ZyLAB
For 25 years, ZyLAB has provided commercial and government organisations around the world with award-winning information access solutions. TheZyIMAGEInformation Access Platform is a complete XML-based system that provides a secure foundation for the long-term archiving, management and retrieval of information, from digitisedpaper documents, to electronic files, to e-mail and attachments, to multimedia. 

With over 7,500 installations and 350,000 users worldwide, ZyLAB has a wealth of experience and knowledge across a variety of industries and business applications. ZyIMAGE is a critical business tool of hundreds of banks, legal firms and insurance and financial services companies, including Coutts, Rabobank, Bank of Ireland, Ecclesiastical Insurance, Digby Brown and the forensic accounting departments of KPMG and PricewaterhouseCoopers. ZyIMAGE is also used by many UK public-sector organisations, such as the Office of the Deputy Prime Minister, Metropolitan Police, Serious Fraud Office and the University Hospital of Wales. Leading manufacturing and service companies which rely on ZyIMAGE include BMW, Moy Park, Radisson Edwardian Hotels, BBC, Shering-Plough, Haden Young and Balfour Beatty, to name just a few. For more information visit: www.zylab.co.uk