06/25/2003
PRINCETON, N.J., June 25, 2003 / Business Wire / -- Sterling Management Solutions Corp. (www.sterlingmgt.com) Chief
Operating Officer Robert N. Sobol will speak on Sarbanes-Oxley Corporate Governance technology solutions at the
first convocation of the Congress of Fellows of the Center for International Legal Studies in Budapest, Hungary on
July 12, 2003. Mr. Sobol is a Fellow of the Congress. Ferenc Mádl, President of Hungary, and Justice Arpád Erdei
of the Hungarian Constitutional Court (equivalent to the US Supreme Court) will be inducted as Fellows. The
Convocation will also be attended by numerous ambassadors, the President of the Hungarian Bar Association, and various
esteemed business leaders, jurists and practitioners from around the world.
The speech by Sterling’s COO will describe recent advances in corporate governance and compliance technologies,
including Sterling’s new patent-pending PerformBI for Corporate Governance solution, which allows for the management,
detection, prevention and correction of corporate governance and securities fraud compliance issues, and related
certifications, policies and procedures.
PerformBI for Corporate Governance provides a unique combination of pre-built industry-specific fraud detection and
compliance analytics, and workflow automation and document management technologies. Mr. Sobol is the co-inventor of
the solution, along with Solomon Klinger, President, Chief Technology Officer and Founder of Sterling.
“It is an honor to be a member of a body representing such distinguished practitioners (both from business and
private practice), jurists and government officials from countries around the world,” said Mr. Sobol. “The primary
subject matter to be covered at this convocation of the Congress, recent developments in corporate governance, is of
critical importance to U.S and international business leaders, shareholders and securities markets. These are days of
a rapidly shrinking world, especially for large multinational corporations. Governance scandals or missteps in one
market quickly affect the company’s share price everywhere. The essential role of new technologies in monitoring,
detecting and preventing often irreparable damage to companies’ reputations before it happens should not be
underestimated.”
Headquartered in Princeton, New Jersey and founded in 1990, Sterling is a leading
provider of Business Intelligence, Performance Measurement, Risk Management
and Customer Relationship Management Analytics software products and services.
Sterling’s clients include Charles Schwab & Co. (SCH); BNY Securities Group,
the institutional agency brokerage and clearing sector of The Bank of New York
(BK); American International Group (AIG); HSBC Holdings (HBC); and AOL Time
Warner (AOL). Sterling also partners with IBM (IBM), Computer Sciences Corporation
(CSC) and Sybase (SY) in offering its solutions and professional services.
Further information can be obtained by contacting:
Donald Carey, Director of Business Development
Sterling Management Solutions Corp.
15 Roszel Road North
Princeton, New Jersey 08540
1-609-452-9300 (Ext. 104)
don_carey@sterlingmgt.com
Or Robert N. Sobol, Chief Operating Officer
Ext. 109, Robert_sobol@sterlingmgt.com
About Sterling Management Solutions Corp.
Sterling Management Solutions Corp., headquartered in Princeton, New Jersey and founded in 1990, provides
award-winning business intelligence analytics, data mining, pattern recognition and predictive modeling solutions in
web, client server and wireless enabled delivery. Sterling delivers PerformBI solutions for, among others, the
Financial Services, Insurance, Energy/Utilities, Health Care, and Transportation and Logistics verticals. Additionally,
Sterling’s PerformBI Contact Center solution provides analytical insights and feedback across multiple customer
communication channels. PerformBI for Corporate Governance provides a command and control digital dashboard and
pre-built industry-specific fraud and compliance analytics for disclosure and financial controls and certifications
under the Sarbanes-Oxley Act and other securities laws. Sterling’s Virtual Command Center provides command center
technology for business continuity planning and disaster recovery. Via its Professional Services Division, Sterling
also provides sophisticated business intelligence, datawarehouse, security, business continuity, disaster recovery, and
other professional, management, and technology consulting, and recruiting services.
About The Center for International Legal Studies:
The Center for International Legal Studies is a non-profit research, training, and law publications institute,
established and operating under Austrian law and with its international headquarters established in Salzburg, Austria.
The Center has operated since 1976 in Salzburg. The Center for International Legal Studies has a close cooperation
with the Faculty of Law of the University of Salzburg, the Faculty of Law of the University of Amsterdam, The
Netherlands, the Faculty of Law of the University of Durham, England, the National University of Chile, Suffolk
University Law School in the United States, and numerous other universities and educational organizations in Europe and
the United States.
About The Congress of Fellows of the CILS:
The Congress of Fellows of the Center for International Legal Studies has more than 500 members worldwide. The aims and
objectives of the Congress are to enhance contact, communication, and interchange among the Fellows and recognize the
contributions made by the Fellows to the work of the Center.