Mantas User Group Meeting Highlights Regulatory Pressure and Evolution, Industry Direction and Best Practice

Compliance professionals representing the world’s leading financial institutions met last month to discuss ongoing concerns regarding regulatory evolution, industry direction and risk & compliance best practices. All were attendees at the 2006 Mantas User Group meetings held here in New York City.

Mantas, Inc., the leading provider of operational transparency solutions to the financial services market, hosted the meetings as part of its ongoing relationship with its clients. Several sessions featured clients as presenters and were open and fostered innovative approaches in terms of surveillance from the largest global institutions to smaller regional firms. In addition, Mantas held product sessions focused on regulatory compliance and loss prevention, enhancements and future functionality.

“Mantas has a long-established and unique reputation for working in partnership with its customers,” said Stephen Epstein, vice president product management, Mantas. “Our User Group Meetings are built to foster those partnerships and to encourage real, open dialogue between Mantas, our customers, and firms themselves.”

“We’ve been able to establish a cooperative and collaborative effort not only between our firm and Mantas, but with other attendees as well,” said Markus Schulz, Chief Operating Officer Group Compliance AML, ABN AMRO Bank. “This year’s user group meeting allowed the participants to leverage a wealth of knowledge across the participants - fuelling developments to continuously improve the Financial Industry's money laundering detection efforts."

About Mantas

Mantas provides its clients with the industry’s most advanced solutions for regulatory compliance, loss prevention and revenue generation. Our clients recognize greater transparency of their business and make better-informed decisions as a result. Mantas is a global software company with operations in Europe, the Americas and Asia/Pacific. Recognized as a leader in global operational transparency, the company’s products are used by more than 5,000 finance professionals in more than 100 countries.

Headquartered in Herndon, Va., the company has offices in London, New York, Singapore and New Delhi. Mantas is majority-owned by Safeguard Scientifics, Inc. (NYSE: SFE). For further information please visit www.mantas.com.