CALGARY, Alberta, Sept. 18 /PRNewswire-FirstCall/ -- Securac Corp. ("Securac") (OTC:SECU) (BULLETIN BOARD: SECU) an enterprise governance, risk assessment and compliance software and services vendor and provider of Acertus(TM), the leading integrated software platform for governance, risk and compliance ("GRC"), announced today its wholly-owned subsidiary, Securac Inc., has formally agreed to purchase the assets of Sox Process, Inc. (SPI"), a company based in Simi Valley, California. This acquisition of SPI signifies another milestone in the successful history of Securac. SPI's consulting practice and tools used in assisting companies in meeting and maintaining compliance in accordance with The Sarbanes-Oxley (SOX) Act of 2002 ("SOX") is a strategic fit with Securac's software solution Acertus(TM). Securac's Acertus(TM) application module for SOX automates assessment of controls and management of the audit process and capture of evidentiary documentation as required by Sections 302, 404 and 906a of SOX. It provides a framework for organizations in managing and measuring their corporate performance to governance, risk assessments, and compliance risks around SOX in both a qualitative and quantitative manner. As well, it supports the development and implementation of new or improved ICS systems and reporting as part of the ongoing SOX process. The framework utilizes "best of Sector" assessment methodologies such as ISO 27001/17799:2005 or COBiT for the information requirements of 404a, or Basel II for financials, as well as SOX specific content pre-populated in the powerful Acertus(TM) knowledge bases and analytic engine. SPI's toolbox that it has created -- the 'SOX in a box' approach provides companies with a roadmap to navigate through the SOX process, assisting CEOs and CFOs in making the compliance process easier, less expensive and more rapidly completed -- will compliment our current knowledge bases under our Acertus(TM) SOX module. "Securac is delighted to have acquired such a company, like SPI, which is a complimentary fit with our strategic direction and growth plans in the SOX marketplace," states Terry Allen, Chief Executive Officer, Securac. "Our acquisition of the assets of SPI, including its subject matter expert, will accelerate Securac's market expansion strategy, establishing ourselves as the industry leader and benchmark for SOX; this will also compliment the corporate governance, risk assessment and compliance management software solutions and services we already provide to our valued customers. With this acquisition, we now have and what we believe to be, the leading edge governance, risk assessment and compliance software solution." SPI's Chief Executive Officer, Art Talaie affirms, "for us this alliance is an excellent fit. We recognized Acertus(TM) as a complimentary software product and that the combination would result in a powerful business proposition for the market empowering customers with an end-to-end solution for governance, risk management and compliance and offering an alternative to the fragmented point solutions available in the market." Securac welcomes the opportunity to build on all of SPI's existing relationships. About Securac Securac is a vendor of corporate governance, risk assessment and compliance management software and services to corporate and public enterprises, consultants and regulated organizations. Acertus(TM), our integrated software platform for risk management and decision support, along with our professional services team of risk/governance experts and compliance specialists provide comprehensive governance, risk assessment and compliance programs from the boardroom to the operational level. Securac's principal office is located in Calgary, Alberta and it maintains a sales presence throughout North America. Statements in this Press Release that are not statements of historical fact, including statements regarding potential market size, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risk and uncertainties which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include but are not limited to changing market conditions, the successful and timely completion of financing, the establishment of corporate alliances, the impact of competitive products and pricing, new product development and uncertainties related to the regulatory environment. Reference is made to the Company's Annual Report on Form 10-KSB for the year ended December 31, 2005 for a description of these, as well as other, risks and uncertainties. CONTACT: Terry W. Allen Chief Executive Officer Securac Corp. Tel: 403-225-0403 DATASOURCE: Securac Corp. CONTACT: Terry W. Allen, Chief Executive Officer of Securac Corp., +1-403-225-0403,

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