21 March 2007, New York:- The Securities Industry and Financial Markets Association, Inc. (SIFMA) and Office Shadow, Inc. (OSI) today executed a landmark partnership agreement. Under this Agreement, SIFMA will use OSI’s Shadow-Planner software suite to support emergency response coordination for the securities industry and SIFMA has formally enrolled OSI into its Affinity Partner program for the benefit of its members and affiliates.

SIFMA’s partnership with OSI is the result of a high degree of due diligence on the part of both SIFMA and several of its members and reflects the value of Shadow-Planner in the deployment of an effective Business Continuity Management program.

Shadow-Planner provides an integrated software suite for Risk Management, Business Impact Assessment, Business Continuity Planning and Compliance Assessment. Shadow-Planner has become the market leader and a firm favorite in Europe, but until recently was not marketed to the US market. Now with deployment, support and hosting services provided locally, a growing client base of North American firms is exploiting this innovative approach to enhancing resiliency.

OSI’s CEO, Richard Green, said “we are excited by the prospect of contributing to SIFMA’s activity and providing essential support to firms seeking to embed Business Continuity Management as a high profile and vital discipline. We look forward to helping SIFMA and its community maintain a reliable and resilient infrastructure, and to operate stable and risk-minimized operations.”

“Shadow-Planner optimizes the BC process by embracing even the most infrequent participant in Continuity Planning, who otherwise cannot be expected to contribute to the process. The resulting plans for incident and recovery management are clear and actionable, and moreover, maintained at minimum cost and disruption to the company. From sophisticated process mapping and analysis, to simple document management, Shadow-Planner is supporting anyone from global investment banks to small service providers” said Green.

About SIFMA

The Securities Industry and Financial Markets Association brings together the shared interests of more than 650 securities firms, banks and asset managers. SIFMA's mission is to promote policies and practices that work to expand and perfect markets, foster the development of new products and services and create efficiencies for member firms, while preserving and enhancing the public's trust and confidence in the markets and the industry. SIFMA works to represent its members’ interests locally and globally. It has offices in New York, Washington D.C., and London and its associated firm, the Asia Securities Industry and Financial Markets Association, is based in Hong Kong.