Phoenix, AZ and Tokyo, Japan "“ January 7, 2009- The Fujitsu Research Institute a global leader in enterprise technology services and information management standards, has joined The Open Compliance & Ethics Group's growing International Technology Council to help improve Governance, Risk and Compliance (GRC) information management in global enterprises. The inclusion of Fujitsu Research Institute's expertise in eXtensible Business Reporting Language (XBRL) for internal controls and risk management will help the Technology Council's rapid development of GRC eXtensible Markup Language (XML) information standards.

"Like OCEG, we are committed to advancing the understanding and application of information technology to GRC, especially as it relates to XML and XBRL adoption," said Yuji Furusho, Deputy Division Manager of the ICD/XBRL Group at Fujitsu Research Institute. "We look forward to collaborating with the other council members devoted to developing messaging standards and the taxonomy needed to improve GRC information management in global enterprises."

"With support from the US Securities and Exchange Commission and growing interest among regulators in the leading global economies, the pace of XBRL adoption for compliance and risk-related reporting is set to accelerate in 2009" said Lane Leskela, OCEG's Vice President of Technology Programs. "OCEG is thrilled that Fujitsu Research Institute has joined our Technology Council at this turning point in the development of technology standards for integrated GRC management. As a global provider of XBRL tools and GRC management software, OCEG members will benefit from Fujitsu Research Institute's dedication to risk and compliance technology standards."

Fujitsu Research Institute is one of the few Japanese think tanks and consulting firms with expertise in all three key areas concerned in solving the management issues facing its customers: consulting to propose new business models, business reform and integration of management with IT; research & development to offer business solutions that integrate sciences with IT; and economic research for policy recommendations on progressive and sustainable social, economic and industrial environments.

OCEG's Technology Council addresses the strategic, operational and technical issues that professionals face when applying information technology (IT) to governance, risk, compliance (GRC) and ethics management, and when applying GRC to IT. Technology Council members participate in three work groups, focused on developing the OCEG GRC Blueprint(TM), OCEG GRC Roadmap(TM), and OCEG GRC-XML(TM). OCEG Technology Council programs are available to all OCEG enterprise members from both the end-user and the GRC software, services and content provider communities.

About the Open Compliance & Ethics Group

OCEG is a nonprofit organization that provides:

• Common Governance, Risk Management and Compliance (GRC) language and structure - a Framework that can be followed to assess risks then design and evaluate controls for them;
  
• Compliance Metrics - Measurements to ensure performance aligns with company objectives;
  
• Online Access - a searchable database that provides ready access to key legal requirements (and to the laws and regulations themselves), clearly stated practices to aid with compliance, and tools and resources to make the process easier;
  
• A community of practice to share ideas, ask questions, and benchmark against peers. OCEG helps organizations drive Principled Performance(TM).

For more information about OCEG, visit http://www.oceg.org.

About Fujitsu Research Institute

The Fujitsu Research Institute is the consulting, research and development division of Fujitsu Limited, specializing in leading-edge mathematical and statistical methods and economic research. Fujitsu is a leading provider of IT-based solutions for the global marketplace. With approximately 160,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. For more information, please visit Fujitsu Research Institute's website at http://jp.fujitsu.com/group/fri/en/.

OCEG - Open Compliance & Ethics Group

OCEG - Open Compliance & Ethics Group

OCEG is the only nonprofit offering comprehensive guidance, standards, benchmarks and tools for integrating governance, risk and compliance (GRC) processes. Our unique platform and organizational structure helps you take advantage of contributions from thousands of experts and companies - many of them just like yours. Our guidance, benchmarking, custom tools and communities of practice help you perform - not just comply. OCEG offers value you can exploit today, tomorrow and as your company grows.

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