InvestorsHub Logo
Followers 0
Posts 8
Boards Moderated 0
Alias Born 01/02/2005

Re: None

Tuesday, 01/18/2005 1:52:59 PM

Tuesday, January 18, 2005 1:52:59 PM

Post# of 96
Press Release.

Manakoa Compliance Products Showcased Before 2500 Microsoft Sales Representatives at Private Envision Conference
Tuesday January 18, 9:26 am ET

REDMOND, Wash.--(BUSINESS WIRE)--Jan. 18, 2005--Manakoa Services Corporation (OCT BB: MKOS) will showcase its Compliance WorkCenter(TM) and the Manakoa KnowledgeBase(TM) products at the annual Microsoft Envision Conference here. A select group of key partners have been invited to this annual conference in order to introduce products to Microsoft executives, employees and their global force of 2,500 technical sales representatives.

ADVERTISEMENT
"The Envision Conference is a terrific opportunity for us to meet with Microsoft sales and marketing personnel so that we can demonstrate how Manakoa is addressing the needs of their customers in the areas of risk management and regulatory compliance," stated Manakoa Vice President Rob Bowman who runs the product operations in the company's Redmond offices. Bowman was an early Microsoft employee who was involved in the introduction of many successful product launches for Microsoft. Bowman continued "My years at Microsoft, and my involvement in several successful product launches there, impressed upon me the need to drive quality solutions that provide real value to customer requirements."

The Microsoft Envision Conference vendor showcase is not open to the general public. It is intended for key partners to meet each other and to demonstrate solutions to Microsoft's international technical sales personnel. Microsoft has underwritten the participation of Manakoa Services Corporation at the showcase and receptions.

The company recently announced the pending availability of Microsoft Operations Manager 2005 packs for Sarbanes Oxley, GLBA and HIPAA in support of the Manakoa Compliance WorkCenter(TM), part of the company's ComplianceSuite(TM). In a related set of announcements, the Company will launch in February 2005 the Manakoa KnowledgeBase(TM), a subscription portal for risk management and regulatory compliance.

"We recognize that corporate America is facing the pressure to find risk management oriented solutions that help companies comply with regulations including Sarbanes Oxley, GLBA, FISMA, HIPAA and emerging international regulations," stated Manakoa CEO Dr. Robert Williams. "The Envision Conference provides us an ability to showcase how Microsoft products can be used as a foundation for regulatory compliance."

About Manakoa Services, Inc.

Manakoa (www.Manakoa.com) is an independent software vendor and professional services company addressing the multi-billion dollar IT security, IT compliance, and regulatory compliance marketplace for enterprise customers. Manakoa's security and compliance solutions suite offers advanced automation software on pre-configured, scalable platforms designed to control business and IT policies, implement and enforce mandated compliance initiatives, and provide dynamic views for monitoring and administration based on the role and permissions of user and department. This groundbreaking software platform transforms high-cost security and compliance consulting engagements into automated, consistent, and cost-effective technology. Manakoa's software platform can greatly reduce consulting hours and time-to-compliance through sustainable, repeatable technology. Manakoa's flagship products are being previewed by Fortune 500 companies due to their unique approach of providing a pre-configured platform, with templates, department by department, for analyzing compliance with United States regulations such as the Gramm Leach Bliley Act, Sarbanes Oxley, the USA Patriot Act, and HIPPA. Manakoa's full product suite, which will include Manakoa Compliance WorkCenter(TM) and Manakoa Compliance Command and Control Center(TM), provides a scalable, cost-effective, total compliance solution, which can be utilized in concert with a company's existing IT. Finally, the Company recently announced a joint licensing and development agreement with Battelle Corporation and the Pacific Northwest National Laboratory (PNNL) to commercialize the first Cyber Attack Simulation Trainer. Trademarks are the property of Manakoa Services Corporation.

The names of actual companies and products mentioned herein may be the trademarks of their respective owner.

Under the Private Securities Litigation Reform Act-with the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the Company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. The Company does not assume, and expressly disclaims, any obligation to update these forward-looking statements.
Contact:

Manakoa Services Corporation
Edward Nichols, 303/327-5200 x 664
Enichols@manakoa.com
or
For Investor Information contact:
The Investor Relations Group, Inc.
Jordan Silverstein or John Nesbett
212/825-3210

Source: Manakoa Services Corporation

http://biz.yahoo.com/bw/050118/185652_1.html