CALGARY, Alberta, Jan. 9 /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, announced today that it has signed a services contract with the Greater Toronto Transit Authority (Go Transit) of Toronto Ontario, Canada. The project involves professional services to provide Security Consulting Services to consult, direct, establish and manage the deployment of IP based video surveillance systems and a risk assessment framework throughout GO Transit and their facilities in the Greater Toronto Area. IP based video surveillance is a far superior alternative to traditional analog CCTV designed systems as the superior IP based technology offers: i. real time delivery of streaming video and still images via public and/or private networks ii. enhancement and expedition of law enforcement and emergency service personnel response to high risk situations iii. the contribution of reliable identification of criminals iv. simultaneous live video recording and playback by numerous stakeholders locally and remotely v. intelligent video analytic controls and options vi. the ability to migrate easily with existing CCTV camera technology This project will be completed in 18 months and has a contract value in excess of $470k CDN. "Large organizations are looking for expertise in upgrading safety and security with the use of IP video surveillance. For the past two decades organizations have installed analog closed circuit t.v. surveillance, almost exclusively, for security recording and monitoring. Traditional analog closed circuit t.v. (CCTV) surveillance systems versus newer based IP based technology have functional shortcomings when deployed as an operational tool or in a security crime and/or counterterrorism application," states Terry Allen, Chief Executive Officer, Securac. "Our team of experts consists of physical security industry veterans with functional experience across multiple capacities. We utilize our Acertus technology to conduct these types of projects allowing us to showcase the benefits of technology with these high-end solution offerings." 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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