NEWS

Oversight Systems Expands EMEA Reach with Virtual Subsidiary

February 18th 2009- Virtual Subsidiary Ltd (V-Sub), a partner for businesses seeking a low risk, fast start international EMEA, APAC or North American presence combined with the risk assurance that is so critical in today's markets, has been selected by Oversight Systems a privately-held, Atlanta-based software company whose continuous transaction monitoring solutions help Fortune 500 companies in a variety of industries solve problems related to governance, risk and compliance to focus on direct EMEA representation.

"We are experiencing unprecedented interest in our solutions throughout Europe. V-Sub seemed to be the logical next step in our expansion plans" said Chris Rossie , Vice President, Business Development for Oversight. "We needed a company that had history and most importantly in today's market, somebody we could trust. V-Sub with its UK and European experience was the logical choice to drive this initiative." Rob Oliphant, CEO of V-Sub said, "Oversight have a product for today's economic climate. We are delighted to be heading up the EMEA initiative. I have been impressed at the powerful Oversight value proposition and the expertise and dedication demonstrated by the whole team."

About Virtual Subsidiary
Virtual Subsidiary provides a vehicle for fast start, low risk business growth into EMEA, APAC or North America. Using a combination of services and solutions V-Sub enables clients to focus on core competencies while growing their virtual international or domestic organization.

V-Sub's team of strong performers in sales, marketing, business development, finance and risk assurance disciplines combine deep domain market knowledge with a track record of getting results. Companies look to V-Sub to accelerate revenue streams, assess risk, and ensure compliance. V-Sub is privately held with locations in the UK, Australia and North America. For more information visit www.v-sub.com.

About Oversight Systems
Founded in 2003, Oversight Systems, Inc. is a privately-held, Atlanta-based software company whose continuous transaction monitoring solutions help Fortune 500 companies in a variety of industries solve problems related to governance, risk and compliance. Oversight Systems is anchored by a team of professionals who have helped to commercialize network and operating system security; who have secured the largest financial networks in the world; and who have helped to audit some of the most sensitive and mission-critical applications in the world. The Oversight team has revolutionized the way Management, Boards, Auditors, and Shareholders approach ongoing regulatory compliance and the underlying costs and benefits.

Contact:
V-Sub Media Relations
media@v-sub.com