BEIRUT, LEBANON, July 15, 2005 – IDOM Middle East, LLC, (www.idom-me.com), a leading provider of regulatory compliance expertise and related business automation solutions, is very pleased to announce their newest client, the Intercontinental Bank of Lebanon, headquartered in Beirut. Amerab Business Solutions sal (ABS), IDOM Middle East’s local support office, will assist the bank in implementing IDOM’s AML-Reporter and DNFS software solutions, as well as providing an offline subscription to WorldCompliance’s centralized database of global Black/Watch lists through their recently announced reseller business relationship.

“The Intercontinental Bank of Lebanon is a welcome addition to our growing distinctive client roster. The addition of both the AML-Reporter and DNFS software solutions will provide relief to the bank’s ever-increasing compliance monitoring responsibilities expected by today’s regulatory environment. Furthermore, WorldCompliance’s centralized database, designed to complement the bank’s due diligence efforts, will provide constant updated information for name filtering purposes. With these solutions in place, the bank will be on the cutting edge of compliance monitoring.” said Fakhruddin Khalil, Chairman of IDOM Middle East & ABS.

The AML-Reporter software solution is extremely efficient in the detection of suspicious activities that help prevent money laundering risk exposures within financial institutions. The DNFS software solution filters Black/Watch listed names, and when combined with WorldCompliance’s database, these solutions serve to support bank’s efforts in KYC (Know Your Customer) monitoring of potentially high-risk individuals and entities. The software solutions maintain internal audit trails that record the bank’s compliance efforts to serve bank audit requirements, as well as, expectations from regulatory authorities. In essence, AML-Reporter, DNFS, and WorldCompliance are designed to assist banks in ensuring implementation of international anti-money laundering recommendations of the MENAFATF (Middle East North Africa Financial Action Task Force), Basel Committee, and the Central Banks' local anti-money laundering regulations.

Mr. Sami Najm, Compliance Manager at the Intercontinental Bank of Lebanon said, “We feel our Compliance efforts can now reach a new level of sophistication with state of the art technology offered through ABS and IDOM. With the three solutions combined, AML-Reporter, DNFS and WorldCompliance, the bank will be well positioned to meet the ever-growing regulatory challenges in today’s environment.”

About IDOM Middle East, LLC and ABS

IDOM Middle East’s complete array of regulatory expertise and automation offerings provides the perfect solution to further assist financial institutions in their effort to comply with regulatory requirements. IDOM Middle East’s senior management consists of Mr. Fakhruddin Khalil, Chairman, and Managing Directors, Mr. Stephen Codignotto, Mr. Haytham Khalil and Mr. Vincent Raniere. Amerab Business Solutions, sal (ABS), is the local support office of IDOM Middle East, LLC. ABS is strategically located at Liberty Tower in Hamra, Beirut, Lebanon and is within easy reach of the capital's prestigious banking community. IDOM is an authorized reseller of AML-Reporter and DNFS, which are owned by Genie Software Inc. For more information on IDOM Middle East’s and ABS’ products and services please contact the sales department at info@amerabsolutions.com, +96 1 1 744797 or visit the web site at www.idom-me.com.

About WorldCompliance

WorldCompliance is operated by World Compliance Inc. headquartered in the US. WorldCompliance’s database contains information on more than 800,000 known or suspected terrorists, money launderers, narcotics traffickers, fraudsters and other white-collar criminals, as well as PEPs (Politically Exposed Persons) and their family members and close associates. The database contains proprietary investigative research, government sanctions, regulatory warnings and criminal indictments. For more information, please visit www.worldcompliance.com.