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24 January 2008

Press Release

Washington DC, USA

Strategic Thought Inc, the author and vendor of risk management software Active Risk Manager, today announced the appointment of Jeffrey DeRose as VP of Consulting Services. DeRose will oversee the development and growth of consultancy services provided to customers of Active Risk Manager in North America. Jeff DeRose joins Strategic Thought from Open Pages Inc and has more than 10 years experience in operational, enterprise and IT risk management. He has broad knowledge of regulatory risks resulting from Sarbanes-Oxley, Basel II and other compliance mandates.

Strategic Thought Risk Consulting Services currently provides risk and compliance consulting services to many of the world’s largest organizations including Lockheed Martin, Northrop Grumman, NASA and Rolls Royce. DeRose will drive the company’s strategy to extend the services provided while continuing to support customers in the implementation and use of risk management technology.

“As organizations face greater complexity in terms of larger and more complicated projects, business change, governance and mandates from external authorities, the need for risk consulting services is paramount” said Chuck Hixson, President of Strategic Thought Inc. “Strategic Thought believes in ensuring its customers’ success by providing first class implementation, training and consulting services to ensure they get the best from Active Risk Manager. Jeff DeRose’s extensive experience in Enterprise Risk Management (ERM), risk education and managing operations will be highly valued by Strategic Thought and its customers.”

“Active Risk Manager is recognised as a leading risk management software solution and Strategic Thought has established a strong position in the US marketplace since it arrived from the United Kingdom in late 2004. It is a high-growth company with exceptionally talented people and I look forward to building the consulting services team and meeting Strategic Thought customers and partners across North America and the rest of the world” said DeRose.

Jeff DeRose holds a Masters of International Business and a Masters of Business Administration from the University of Miami, and a Bachelors Degree in Economics and Languages from Rollins College.

About Strategic Thought Group Plc

Strategic Thought was founded in 1987 in the UK and opened offices in the US in 2004. Strategic Thought is a technology and services company that provides world-class risk management software and solutions to many of the globe’s largest organizations. Active Risk Manager is the world’s most widely-deployed enterprise risk management software solution, with over 25,000 users from over 80 organizations on 5 continents.

For further information please visit: www.strategicthought.com

Or contact:

Chuck Hixson
President, Strategic Thought Inc
Tel: (703) 673 9580
Email: Chuck.hixson@strategicthought.com

Or

Mary Phillips/Andreina West
PR Artistry Limited
Tel: +44 (0)1491 636500
Email: mary@pra-ltd.co.uk





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