NEWARK, NJ USA, November 23, 2005 – BEIRUT, LEBANON, November 23, 2005 – IDOM Middle East, LLC, (IDOM) (www.idom-me.com), a leading provider of regulatory compliance expertise and related business automation solutions, is very excited to announce their most recent client, BLC Bank, s.a.l. The bank, headquartered in Beirut, Lebanon and 96.3% owned by Banque du Liban, will deploy IDOM’s anti-money laundering solutions within three main sites. Specifically, this includes their entire network of domestic Lebanese-based branches; its subsidiary BLC (France) s.a. in Paris, France; plus other operational locations within the United Arab Emirates. Implementation of the software solutions, AML-Reporter, DNFS and on-line and off-line subscriptions to WorldCompliance’s KYC/Due Diligence database, will be supported by IDOM’s local business support office within the Middle East, Amerab Business Solutions sal (ABS).

“We looked to partner with an organization that could provide local support, along with international compliance expertise and superior automated solutions. These solutions would address not only compliance with internal AML policies and assist to meet local SIC requirements, but also provide the flexibility to apply global AML objectives. In our research efforts, we found IDOM’s products and services superior and a perfect fit to meet our proactive strategic business objectives,” stated Dr. Shady A. Karam, Chairman and General Manager at BLC. “As expected by today’s increased focus on regulatory expectations, the implementation of these top automated AML solutions will facilitate current global monitoring efforts, increase efficiency, and help mitigate increasing regulatory exposure risk within our banking network.”

The AML-Reporter software solution is an extremely efficient tool for the detection of suspicious activity. The DNFS software solution facilitates the filtering of Black/Watch listed names provided by subscription to WorldCompliance’s powerful and up to date KYC/Watch List database of potentially high-risk individuals and entities. This combination of software solutions are used by financial institutions to monitor activity and reduce their risk exposure to money laundering attempts and also serve to support the bank’s AML & KYC policies. The AML-Reporter & DNFS software solutions retain internal audit trails to record the bank’s compliance efforts. This unique feature serves to further support bank audit requirements, as well as compliance expectations from regulatory authorities. In essence, AML-Reporter, DNFS, and WorldCompliance are designed to assist banks in monitoring the implementation of international anti-money laundering recommendations endorsed by MENAFATF (Middle East North Africa Financial Action Task Force), Basel Committee, as well as local AML compliance requirements imposed by Central Banks.

Mr. Fakhruddin Khalil, Chairman of IDOM Middle East & ABS commented, “We are delighted for the opportunity to provide our solutions beyond the walls of the Lebanese banking community, and into other parts of the Middle East and Europe. BLC’s objective to monitor compliance from both a consolidated head office perspective and at the same time equip and empower each of their foreign branches independently to do the same, serves to provide for a more effective AML effort. Head office and foreign affiliates will be provided with tools to monitor and communicate customer information. By the bank leveraging our solutions to automate their foreign branches in France and U.A.E. in addition to their entire Lebanese branch network, they will be able to get a better global perspective on their total customer base and act in a diligent manner to adhere to the various compliance requirements imposed on them.” Mr. Khalil further commented, “Because of the bank’s highly regarded status within the Middle Eastern banking community, we expect other banks to follow suit and take advantage of the ‘global AML perspective’ our solution affords.”

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.