ABeam Consulting Established Global Support for J-SOX Compliance



    ABeam Consulting Limited (Hereinafter, ABeam Consulting) announced
    that they have established a new division "J-SOX Initiative" with 200
    consultants to strengthen global support for Japanese companies that
    need J-SOX compliance for their overseas offices and subsidiaries.

    The so-called "J-SOX Act" will be enforced for Japanese listed
    companies and their consolidated subsidiaries from fiscal year
    starting April 2008 onwards. J-SOX requires the development and
    operation of Internal Controls and establishing the assessment process
    for sites that have a major impact on the consolidated global
    financial report. This may include overseas offices and subsidiaries.

    ABeam Consulting provides various consultancy services to overseas
    offices of clients in local languages. For J-SOX specifically, it has
    now inaugurated a "J-SOX Initiative" division, which is focused on
    working with its overseas offices to meet the clients' needs. 13
    regional representatives (Principal level) are conducting business to
    strengthen internal controls and to support the assessment process of
    clients. Services offered include establishing a global approach for
    controls, developing a compliance methodology, testing and evaluation
    of controls, solutions for remediation and business improvement,
    information sharing and knowledge transfer, training and aligning with
    vendors solutions and tools.

    There are now approximately 200 consultants providing services to
    domestic and overseas offices of clients. Among these, almost all
    multi-lingual consultants working overseas have US-SOX experience and
    have been trained for J-SOX. They bring relevant experience and
    provide immediate value by utilizing "ABeam ICMS Framework", the
    methodology of ABeam Consulting.

    Clients will be able to establish their Internal Control system
    successfully, within the limited remaining time frame, without
    concerns of resource shortage and communication quality, by utilizing
    the expertise that ABeam Consulting has developed, through it's
    numerous global projects working in a multinational environment.

    On 28th June, ABeam Consulting will hold a seminar "Responding
    Operationally to J-SOX -- An Overview for Executives" in Houston,
    Texas U.S. (sponsored by JPMorgan Chase Bank, N.A., speech by ABeam
    Consulting). Future events are also planned to meet the demands of our
    clients.

    About ABeam Consulting

    ABeam Consulting is one of leading business consulting firms,
    providing professional services in the areas of strategy, BRP,
    information technology, and outsourcing through its global network.