PITTSBURGH - Fin-Scan, a leading provider of sanctions list and PEP compliance screening solutions for the financial services industry, today that its Hosted PEFP Screening Service is available for Canadian institutions seeking to comply with the provisions of Bill C-25, Canada's updated Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) regulation. Under the new law, financial firms are required to screen clients for Politically Exposed Foreign Persons (PEFPs). The deadline to meet this new screening requirement is June 23, 2008.

Fin-Scan now offers Canadian banks and financial services firms a complete and affordable PEFP screening solution, including an internationally-accepted PEFP list which is used by financial institutions in Canada, the US and Europe. The hosted service can be easily integrated into the account opening process and enables institutions to periodically re-screen all customer records to ensure compliance with Canada's new AML and ATF requirements.

"Fin-Scan developed this service to help Canadian firms meet the fast approaching deadline," said Murray Dickman, Fin-Scan's chief operating officer. "We realize that Canadian companies want to reliably comply with C-25 in the most economical way possible. This service delivers all the protection and control of an in-house screening solution without all the costs that are associated with installing and running licensed software. It's an all-in-one solution for screening new and existing customers for known PEFPs and sanctioned entities. Clients simply initiate the screening and review the results. Fin-Scan does the rest."

Used in more than 1,000 projects worldwide, Fin-Scan's robust screening technology enables organizations to screen client records using very precise rules determined by the financial institution. This process significantly reduces the risks and costs associated with missing important matches (false negatives) and researching excessive preventable matches (false positives).

Fin-Scan helps financial services organizations worldwide meet the requirements of government regulatory agencies by providing the most advanced sanctions list and PEP compliance solutions available. Fin-Scan offers 24/7/365 list management; licensed, hosted, or transactional screening options; and automated due diligence reports to help ensure the most effective and accurate compliance for our clients.

Fin-Scan protects organizations against non-compliance with the world- class data quality and data matching capabilities that are the cornerstone of all the Innovative Systems Inc. (ISI) products and services. The Fin-Scan Web site is located at www.fin-scan.com.

Innovative Systems is a world leader in delivering enterprise customer information solutions to organizations whose success depends on a complete and accurate understanding of their customers. ISI's data quality and data management solutions include the i/Lytics(R) Enterprise Data Quality Suite; i/Lytics GLOBAL(TM) a CASS-certified address verification solution; and Synchronos(TM), a master data management solution for enterprise customer data.

Since 1968, companies worldwide have relied on ISI's data quality software, systems integration, database solutions and customer data quality audits. The company has set the standard for data quality management in thousands of applications in more than 30 countries. ISI maintains headquarters in Pittsburgh, Pennsylvania, with European operations based in London. The Innovative Web site is located at www.innovativesystems.com.