TRACESECURITY SELECTED AS FINALIST IN TWO CATEGORIES FOR AMERICAN BUSINESS AWARDS^SM

Nominations for Finalist in Two Categories Include TraceSecurity for "Company of the Year" and CEO Peter Stewart for "Best Executive"

BATON ROUGE, La. – (June 8, 2009) – TraceSecurity, a leading provider of on-demand IT Security Compliance and Risk solutions, announced today that it has been selected as a finalist in two categories for the 2009 American Business Awards, also commonly referred to as the Stevie® Awards. Hailed as "the business world's own Oscars" (New York Post , April 27, 2005), The American Business Awards are the only national, all-encompassing awards program honoring great performances in business. TraceSecurity was selected as a finalist in the "Company of the Year" category as well as "Best Executive: Computer Software" category for its CEO and president, Peter Stewart. More than 2,600 entries from companies of all sizes and in virtually every industry were submitted for consideration.

"We are honored that the Stevie Awards has selected TraceSecurity as a finalist for Best Overall Company of the Year" said Dariel LeBoeuf, Senior Vice President of Sales & Marketing. "This nomination recognized TraceSecurity commitment to developing solutions that help our customers address their IT Security Compliance and Risk needs." TraceSecurity solution suite includes an integrated on-demand software platform to help companies manage their IT Security Compliance, Risk Assessment and IT Security Audit requirements. "This is the second year that TraceSecurity has being selected in not only one, but two categories in the American Business Awards. Being selected as a finalist underscores the leadership position TraceSecurity has worked so hard to achieve in the SaaS IT Security Compliance & Risk market."

Stevie Award winners will be announced during the annual awards banquet on Monday June 22, at the Marriott Marquis Hotel in New York City.

About The Stevie Awards
Hailed as "the business world's own Oscars," Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

About TraceSecurity
TraceSecurity is a leading provider of security compliance and risk management solutions. The company helps organizations of all sizes to achieve, maintain and demonstrate security compliance while significantly improving their security posture. Key to TraceSecurity's success is the company's comprehensive patent-pending methodology that helps clients address all of the critical components of a successful security compliance program: people, process and technology.

TraceSecurity delivers its solutions through an integrated software-as-a-service platform backed by expert professional services and comprehensive security awareness programs. The company's flagship offering, TraceSecurity Compliance Manager, is the first comprehensive solution to automate regulatory compliance audits, board level reporting, policy management, vulnerability assessment, and employee education and testing. The company's expert professional services include onsite risk assessments, security audits, and social engineering. The security awareness programs include an exhaustive set of standard offerings as well as custom designed courses. With over 500 clients, TraceSecurity supports the risk management and security compliance efforts of organizations in financial services, healthcare, insurance, government and other regulated sectors. For more information, please visit
www.tracesecurity.com.

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Note: TraceSecurity is a trademark of TraceSecurity, Inc.

FOR IMMEDIATE RELEASE:
Katye Long
CUNA Communications
(608) 231-4038
klong@cuna.coop