New York, NY- July 23, 2008 – SECCAS LLC, a Perimeter eSecurity company, has partnered with Catlin Underwriting Agency U.S. Inc. of NY, an agency of international property and casualty insurers, to offer a “best in class” compliance solution to Catlin’s broker/dealer insureds at a preferred rate.  The SECCAS Compliance Manager offers a feature rich toolset for streamlining regulatory compliance including third party letters of attestation and archival for up to 7 years.

This partnership gives Catlin the ability to offer its insureds access to a key vendor at a discounted rate and demonstrates Catlin’s commitment to enhancing its insureds business platforms.  The SECCAS Compliance Manager is the first of the competitively priced, value added services being made available to Catlin’s insureds. Retail and wholesale brokers may access this product through SECCAS, Catlin’s exclusive program partner. 

“We are excited about the opportunity to partner with SECCAS,” said John Van Decker, Catlin’s Professional Liability Senior Vice President. “A serious gap has opened up in the way business is conducted, leaving many firms open to legal proceedings, regulatory fines and even cessation of business.  This gap is due to conflicting trends: the increased use of email, the Web and instant messaging on one hand, and trends towards stricter regulation of the industry on the other. SECCAS brings to the table a level of experience and cutting-edge technology that will better serve our brokers and insureds.”

“Financial firms are beholden to the rules of the various regulatory bodies,” said Dan Summa, President of SECCAS.  “SEC 17a requires that certain business records be readily accessible for specified periods in specified formats. The SECCAS service enables broker/dealer firms to quickly become compliant with no hardware or software to install.“

Through a simple web-based interface, SECCAS clients can view email, IM, Bloomberg, Reuters and Webmail; review, sort, score and search messages by keyword groups, email address and date range; manage administrative privileges; generate reports; and more. The subscription service includes unlimited access (24x7), training and support as well as monthly WORM archive disks. SECCAS software-as-a-service offering provides a “best of breed” service at a reasonable cost in a secure environment. The SECCAS service can be up and running in less than an hour with most users trained in about 30 minutes.  The product is completely transparent to the end user so there is no need for users to change their email or IM addresses. SECCAS clients also have access to Perimeter eSecurity’s 50 on demand IT security services in the areas of: Vulnerability Defense, Intrusion Defense, Network Defense, Email Defense, System Defense, and User Defense.

About SECCAS LLC
SECCAS LLC, a wholly-owned subsidiary of Perimeter eSecurity, the only provider of complete security on demand, is the leading outsourced provider of e-messaging compliance solutions to public and financial services companies subject to the rigid mandates of the SEC, FINRA and Sarbanes Oxley (SOX). Since its founding the Company has built a solid reputation with financial companies who must comply with regulations, but do not want to spend time and capital on complex in-house systems. SECCAS LLC offers a feature-rich tool set for streamlining regulatory compliance delivered as a managed service. Serving the financial community since 2001, SECCAS is a preferred vendor of several major New York investment banks, streamlining compliance for large and small firms alike.

Perimeter's on demand security services protect thousands of computer networks nationwide, offering more than 50 different services on a subscription basis in the areas of: Vulnerability Defense, Intrusion Defense, Network Defense, Email Defense, System Defense, and User Defense. Clients benefit from a single-source provider that offers all services through one affordable, pre-integrated platform and web portal. Perimeter's security SaaS services are continuously expanded, enhanced and upgraded for current and future regulatory compliance. With seven geographically distributed technical offices and three redundant data centers, Perimeter's services are always available and have been validated by multiple independent third parties. For more information visit www.seccas.com or www.perimeterusa.com.

About Catlin
Catlin Underwriting Agency U.S. Inc. of NY  is an agency of Catlin Group Limited (‘CGL’: London Stock Exchange) which is a leading global specialty insurer and reinsurer which underwrote more than $3.3 billion in gross premiums in 2007.  Catlin’s four underwriting platforms include the Catlin Syndicate (the largest syndicate at Lloyd’s), Catlin Bermuda, Catlin UK and Catlin US.  Catlin offers excellent financial security, the ability to write more than 30 classes of business and a worldwide presence through more than 40 offices staffed by more than 1,000 employees.  Product offerings in the United States are underwritten through  Catlin Specialty Insurance Company, Catlin Insurance Company, Catlin UK and the Catlin Syndicate at Lloyd’s, all of which are rated “A” (Excellent) XV* by A.M. Best.

            *Rating information is as of June 13 2008;  for the latest rating, access www.ambest.com

For more information contact:

Cathy Clarke
CNC Associates
Tel: 508-833-8533
E-mail: cathy@cncassocs.com