DestiNY USA Selects SAP Compliance Calibrator by Virsa; Innovative Resort Community to Leverage the Virsa Continuous Compliance Solution for Real-Time Preventive Compliance.

FREMONT, Calif. -- Virsa Systems, Inc., a leader in real-time cross-enterprise software solutions for regulatory compliance, today announced that DestiNY USA has selected SAP Compliance Calibrator by Virsa to automate the auditing and remediation of user authorization violations within their enterprise resource planning (ERP) systems. An 800-acre waterfront resort planned for development in New York State, DestiNY USA will operate 100% on renewable energy and will feature the world's largest enclosed and integrated structure. DestiNY USA joins a long list of leading enterprises using Virsa's real-time compliance and controls solutions to reduce the cost of regulatory compliance and achieve measurable business improvements.

Virsa provides the only solutions that monitor and enforce business controls in real-time across enterprise systems, allowing organizations to maintain continuous and preventive compliance with government and industry regulations. Virsa's automated solutions enable organizations to dramatically lower the cost of compliance, reduce risk, and increase the efficiency of key business processes.

SAP Compliance Calibrator by Virsa is the only real-time software solution that runs natively in the ERP system and provides a preventive layer of security to thwart internal accounting control violations. By implementing Virsa's real-time automated solution to detect and prevent potential control violations before they occur, companies are saving internal resources, reducing the cost of audits, and shortening their time to compliance.

"DestiNY USA has a bold, forward-looking vision, and we are excited to have them as a customer," said Jasvir Gill, founder and CEO of Virsa. "DestiNY USA's selection of SAP Compliance Calibrator by Virsa further validates the necessity of real-time compliance for enterprises of all sizes."

About Virsa

Virsa Systems, Inc. is a leading provider of real-time compliance and controls software for organizations of all sizes. Purpose-built to maintain continuous compliance with stringent regulatory mandates such as Sarbanes-Oxley, Virsa's solutions automate risk assessment, eliminate false positives, and deliver real-time simulation and remediation capabilities. By offering the world's largest library of built-in, best practice rules, Virsa delivers accelerated implementation and faster remediation with the lowest cost of implementation. The acknowledged market leader, Virsa has the sector's largest installed base of enterprise customers and the preferred solutions for security, controls and corporate governance. Virsa is a privately funded company with investments from Kleiner Perkins, LightSpeed and SAP Ventures. For more information, go to www.virsa.com.