Ashworth Selects Reliant Solutions for Centralized Management of Global Audit Operations

Reliant Solutions today announced that Ashworth, Inc., a leading designer of on-course golf apparel and golf-inspired lifestyle sportswear, has selected the company's flagship solution, ReliantAuditor(TM), to provide centralized management of global audit operations, including COSO framework, controls testing, remediation and risk assessment. Ashworth will implement the solution across multiple locations.

"In evaluating our business processes, we made a strategic decision to automate audit to realize cost savings, improve efficiencies and increase audit department coverage," said Greg Walker, Director of Internal Audit at Ashworth. "We evaluated several offerings from a variety of solution providers and determined that ReliantAuditor was the clear choice for us. ReliantAuditor will allow us to centralize numerous audit functions, utilize a central database for internal controls, standardize our risk assessment processes and provide greater visibility into potential risks."

ReliantAuditor is the first comprehensive solution to automate audit operations from the perspective of the Chief Audit Executive, including risk assessment, audit plan management, control monitoring, testing and remediation, and integrate these into a dynamic risk framework that provides up-to-the-minute status on audit results from across the enterprise. Auditors are able to perform true continuous auditing to identify and remediate business risks at any time, improving efficiency, quality, insight and assurance across all aspects of audit. ReliantAuditor reduces audit costs by reducing the time and effort needed to prepare, conduct and reports on audits. Its global dashboard facilitates collaboration with key stakeholders, allowing them to easily see and respond to high priority items that require attention. The out-of-box controls and audit plan templates, representing industry best practices, enable rapid deployment to maximize ROI.

"Since each organization approaches automation in its own way, ReliantAuditor is engineered to provide flexibility in implementation so that users can take advantage of the product's robust features as they mature their programs," said Dipak Shah, CEO of Reliant Solutions. "We're pleased that Ashworth is the latest example of an organization using ReliantAuditor to optimize its processes, enabling it to derive greater business and strategic value from audit."

About Reliant Solutions, Inc.

Reliant provides software and consulting services for chief audit executives who want to reduce the high cost, complexity and uncertainty of enterprise-wide audits. To effectively manage risk, auditors need efficient audit processes, reliable test data and continuous visibility into risks, controls and audit results at any time. Reliant delivers all of these and more with the only continuous risk management solution for auditors. With Reliant, you can continuously monitor transactions, streamline audit operations, automate control testing and remediation, and implement a dynamic risk framework that shows up-to-the-minute status of audit programs. Using pre-packaged, standards-based controls for compliance, operational and financial audits, Reliant helps companies to reduce risk while gaining efficiency, quality, insight and assurance throughout the audit process. For more information go to www.reliantaudit.com.

About Ashworth, Inc.

Ashworth, Inc. is a leading designer of men's and women's golf-inspired lifestyle sportswear distributed domestically and internationally in golf pro shops, resorts, upscale department and specialty stores and to corporate customers under the Ashworth(R) brand. Ashworth also is a leading designer, producer and distributor of headwear and apparel under The Game(R) and Kudzu(R) brands. The Game is a leading headwear brand in collegiate bookstores and Kudzu products are sold into the NASCAR/racing markets and through outdoors sports distribution channels, including fishing and hunting. Ashworth also is the exclusive on-site event merchandiser for the Kentucky Derby. For more information, please visit the Company's Web site at www.ashworthinc.com.

SOURCE: Reliant Solutions, Inc.

Media and analyst contact: Montgomery Pacific Group for Reliant Ken Montgomery, 213-500-8355 kenmontgomery@montgomerypacificgroup.com