Approva Enlists Financial and Governance Thought Leaders to Serve on Corporate Advisory Board.

RESTON, Va. -- Approva(R) Corporation, the leader in continuous controls intelligence software for global enterprises, today announced that it has established a Corporate Advisory Board comprised of veteran industry, financial management and audit leaders to provide strategic guidance and marketplace trend intelligence to the company's management.

The panel includes a broad representation of expertise from large-company senior financial managers to audit and industry experts. Approva Advisory Board members include: Michael Conway, retired national partner of KPMG; Fred Corrado, director of Novell and former chief financial officer of A&P; Suhas Deshpande, managing partner of Kirtane & Pandit; John (Jack) Gazlay, assistant general auditor of Freddie Mac; William Meurer, director of Sykes Enterprises, Heritage Funds and retired partner of Arthur Andersen; Richard Steinberg, CEO of Steinberg Governance Advisors and former Senior Partner of PricewaterhouseCoopers LLP (PwC) and its Corporate Governance Leader and co-author of the COSO Internal Control framework; and Julie Garland McLellan, Australia's leading expert on government sector governance and formerly of KPMG.

The panel works directly with Approva CEO Prashanth (PV) Boccasam and Approva Vice Chairman Philip Livingston, former CEO of Financial Executives International. Members were invited to serve based on their unique insights into industry trends and customer needs, and their ability to contribute advice and information to Approva.

"The key mission of the Advisory Board is to advise us on current trends and best practices in the areas of internal control and corporate governance" Livingston said. "They will help steer our strategy and thinking to ensure that Approva maintains its leadership position in the areas of compliance, controls and beyond."

For more information on these thought leaders and to keep updated on how Approva is further enhancing its unique leadership in the Enterprise Controls Management marketplace - please visit www.approva.net.

About Approva Corporation

Approva Corporation enables large organizations to transform compliance efforts into competitive advantage. By offering unique, continuous and actionable insight into business processes, Approva software provides sustainable compliance and delivers improved control, increased profit and enhanced shareholder confidence. The patent-pending Approva BizRights(R) platform is the first product to allow all corporate compliance stakeholders - including business managers, auditors, and information technology specialists - to collaboratively manage controls and optimize related processes.

BizRights provides continuous, independent visibility into ERP activity, producing business-friendly reports that both business and IT managers can act upon. The software correlates user, transaction and system setting data against pre-defined and configurable rules to proactively pinpoint control violations and business exceptions. Valuable risk analysis ranks the impact of potential violations for improved prioritization. With BizRights, companies can resolve issues faster, prevent new control conflicts and create complete audit trails for change management.

Global brands such as Colgate-Palmolive, Wrigley, Pratt & Whitney and others are reducing the cost of compliance, minimizing business risk and increasing operational efficiency with Approva solutions. For more information, visit us at www.approva.net.