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Innovative Systems Showcases Compliance Solutions to European Anti-Money Laundering Officials

Company to exhibit at Europe’s premier anti-money laundering event in Berlin

Pittsburgh, PA – October 25, 2006 - Innovative Systems, Inc., a global provider of regulatory compliance solutions will present its technology and services at Money Laundering Alert’s Third Annual European Conference and Exhibition in Berlin, Germany, October 30 - November 1.

The conference, Europe’s most respected anti-money laundering event, draws attendance from global financial services institutions, government regulators, law enforcement officials, among others, and will focus on the obligations of new government requirements aimed at preventing money-laundering, such as the Third EU Directive.

Innovative will demonstrate the range of its proven compliance solution, i/Lytics SECURE, first released in 1998 and since implemented in some of the world’s largest financial institutions. Now also offered as a hosted compliance service, i/Lytics SECURE counts amongst its clients one of Britain’s largest financial services firms, along with the financial services arm of one of the world’s largest automotive companies.

“This compliance event represents an ideal venue for Innovative to showcase our solutions to the European market,” said Bob Colonna, Innovative’s president and CEO. “As a leading provider of regulatory compliance solutions to global financial services institutions, we are committed to supporting vital educational and information-exchanging events, such as this, to promote greater awareness of how organizations can effectively employ technology to meet their ever-increasing compliance responsibilities.”

About Innovative Systems, Inc.
Innovative Systems is a global leader in delivering enterprise customer information solutions to organizations whose success depends on a complete and accurate understanding of their customers. ISI's solutions include the i/Lytics® Enterprise Data Quality Suite; i/Lytics® PostLocate®, (CASS Certified™ for the US) global address validation and geo-coding solutions for mainframe and open systems; Synchronos™, ISI’s Customer MDM and enterprise customer management solution; FinScan® for sanctions, and PEP list screening and CIP/KYC programs; and specific-purpose business support applications to reduce credit losses, identify better prospects, improve customer service, better align service channels to customer value and better execute marketing and business intelligence projects.

Since 1968, companies worldwide have relied on ISI’s data quality software, systems integration, database solutions and customer information process consulting. The company has set the standard for data quality management in thousands of customer-centric projects utilizing the firm’s services and software for creation and maintenance of customer-centric databases.

Innovative Systems is headquartered in Pittsburgh, Pennsylvania, with European offices in London, and representative offices in Brazil, Mexico, the Netherlands, Norway, South Africa, and the Middle East. ISI software supports both UNIX and IBM operating systems in interactive and batch modes. Its screens can easily be adapted to any language, and its software supports Unicode. ISI has completed projects in more than 30 countries in seven natural languages – with additional languages added on demand. The Innovative Systems Web site is located at www.innovativesystems.com.

Company Press Contact:
Karin O'Sullivan
Innovative Systems, Inc.
Tel: +1 (412) 937 7678
kosullivan@innovativesystems.com

Trademark Notice
I/Lytics®, i/Lytics PostLocate®, FinScan® and Synchronos™ are trademarks of Innovative Systems, Inc. All other products or company names are used for identification purposes only, and may be trademarks of their respective owners.

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