ERADO OFFERS ARCHIVING GRAMM-LEECH BLILEY ACT (GLB) ARCHIVING SOLUTIONS

RENTON, WA. January 30, 2007 – Erado the leading on-demand message security archiving, compliance, and hosting services for financial services companies, announced the addition of an GLB specific archiving solution tailored specifically for customers that need to archive electronic messages for Gramm-Leech Bliley compliance.

Erado new GLB solution provides a seamless end to end solution

  • state-registered investment advisors

  • professional tax preparers

  • auto dealers engaged in financing or leasing

  • electronic funds transfer networks

  • mortgage broker

  • credit counselors

  • real estate settlement companies

  • retailers that issue credit cards to consumers

  • consumer debt-collecting firms

  • payday lenders and check-cashing businesses

to be fully compliant with the data retention and storage provisions of GLB , in addition to the newly enacted Federal Rules of Civil Procedure electronic evidence discovery rules.

Erado's CEO Craig Brauff commented that "with the addition of our GLB specific solution Erado now can expand further into the financial service sector" We are one of the first providers to offer an on-demand electronic message archiving solutions specifically tailored to the regulatory needs of the entire financial services industry".

About Erado
Erado is a leading on-demand message security archiving, compliance, and hosting services provider.  Erado's solutions provide the most comprehensive, easy to use solutions available in the market today.  Erado's experience, technology, and network facilities make it the premier choice for businesses that want enterprise-class service and performance without the cost. Founded in 1994, the company serves a premier group of clients worldwide including Fortune 100 companies.

To learn how Erado's on-demand electronic message archive, supervisory, discovery, and compliance solution can provides your organization with a full featured easy to use solution to ensure electronic records retention requirement are met please contact us at 866-67ERADO (866-673-7236)