Syntex to host Second ERM Preferred Practice Seminar at Union Station

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FOR IMMEDIATE RELEASE

SYNTEX TO HOST SECOND ERM PREFERRED PRACTICE SEMINAR AT UNION STATION

HOUSTON, TX, September 7, 2006 --/WORLD-WIRE/-- Syntex Management Systems, Inc., a provider of Enterprise Risk Management software solutions, is pleased to be hosting the second in a Series of the Operational Risk Preferred Practice Seminars on September 21st at the Union Station Conference Center in Minute Maid Park located in Houston, Texas. The first seminar held in July of this year was received with an overwhelming response. These events bring together industry leaders who are focused on implementing incident management, proactive assessment programs and operational management system initiatives intended to reduce their overall exposure to risk. The objective of these various Preferred Practice Seminars is to share best practices in the management of operational, financial, regulatory compliance, environmental, safety, quality and security risk. Additionally, these seminars speak to the evolutionary process that progressive companies use to move their organizations towards achieving enterprise-wide risk management and operational excellence.

During this second seminar, risk management practioners who have worked with ExxonMobil, The Hanover Company, Unocal, KBR and others will share their "real life" experiences and insight concerning the implementation and continuous improvement of operational risk programs. These business leaders have worked with a broad set of companies at various stages of risk culture maturity while implementing solutions that ranged from Environmental, Health & Safety (EHS) management software to Operational Excellence Management Systems.

"We're pleased to provide a forum for companies to share how they've implemented a common set of repeatable processes, procedures, and software solutions that can be applied across all the operational risks in a business. Implementing an assurance and compliance framework that can readily change with the company as it grows and evolves is vital to creating measurable benefits. The fact that all companies have risk management processes at various stages of maturity means that an effective risk management framework must support the simplest of data capture needs in one operational risk area while supporting the most sophisticated stage-gate workflow processes in another. It is rapidly becoming mandatory from compliance and regulatory perspective to have a single common repository of risk management processes and findings to ensure you can prioritize the allocation of resources to those risk exposures weighted by their potential severity and potential frequency," said Trent Derr, President & CEO, Syntex Management Systems, Inc. The agenda for September 21st includes the following sessions along with roundtable discussions:

"Implementing Centralized Corporate-Wide HSE Programs in a De-Centralized Autonomous Management Culture", presented by Bruce Hogge - Energy Industry Expert
"The Beginning of an Enterprise Loss Prevention Journey", presented by Denver Roopchand - The Hanover Company
"Operational Real World Experiences", presented by Joe Stough, Executive VP - Syntex Management Systems, Inc.

In upcoming sessions, attendees will discuss how industry leaders are:

Improving operational performance through using a common framework to manage proactive audits and assessments;
Effectively applying a risk matrix methodology to prioritize corporate-wide mitigation efforts;
Improving the efficiency and effectiveness of performance improvement initiatives;
Executing repeatable processes for incident / near miss, investigation, and action item management;
Enabling a culture of open risk communication and managing change while implementing new compliance and assurance processes.

These informative sessions are presented in a half-day format with a networking event immediately following. If you would like to learn how Syntex's software solutions can enable your organization's governance, risk and performance improvement programs, please contact us at info@syntexsolutions.com or visit us at http://www.syntexsolutions.com.

About Syntex Management Systems, Inc.
Syntex Management Systems, Inc. designs, develops, and delivers commercial software solutions for Operational and Enterprise Risk Management (ERM) in multiple industries. Syntex enables organizations around the world to reduce their exposure to loss while implementing continuous process improvement to create an annually renewable impact on their bottom line. Through continuously improving the execution of enterprise-wide management systems, our customers improve their performance across operational, quality, compliance, auditing, reputation, environmental, health, safety and security management functions. As a result, Syntex has unequaled expertise in making our customers successful and protecting their reputations by turning continuous improvement strategies into repeatable practices and policies using the power of our enterprise class software solutions. To learn more about Syntex and our products and services, please visit our Web site at www.syntexsolutions.com.

CONTACT:
Lori Araiza
Email: laraiza@syntexsolutions.com

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