WestClinTech Announces a Simple Solution to One of the Messiest Problems in FAS and SOX Compliance

IRVINGTON, NY, Nov 12 (MARKET WIRE) --
WestClinTech, a young start-up company, has developed a new way to take
some of the pain out of year-end closings. The company's flagship
product, XLeratorDB, is a set of database tools that eliminate the need
to rely on spreadsheets for critical financial reporting functions,
solving one of the messiest FAS and SOX compliance problems.

In today's strict regulatory environment, spreadsheets can be a nightmare.
All too often they are filled with critical, material information. But,
just as often they are riddled with errors, inconsistencies and out-dated
data. And that can mean untold hours of wasted time and aggravation on
checking and rechecking data for the CFOs and CPAs who have to certify
year-end reports.

XLeratorDB's SQL Server function library gives financial executives a new
way to avoid these problems altogether -- by running all of their Excel
spreadsheet calculations right on the database layer. That means all
critical information is strictly controlled, easily audited and can be
tracked back to a single, reliable, central source.

"We think XLeratorDB is a real game changer for FAS and SOX compliance,"
said WestClinTech CEO Charles Flock. "With spreadsheets, simple mistakes
like copy/paste errors, inconsistencies between shared versions and stale
data can get compounded and create really big problems for people who have
to sign off on financial reporting."

Databases, on the other hand, usually contain the most accurate and
up-to-date information companies need for certified financial statements.
"XLeratorDB can eliminate a lot of the common mistakes," Flock added. "And
since the product installs painlessly, requires no specialized training
and costs only $250 per server, the ROI is pretty hard to beat."

About WestClinTech:

WestClinTech (http://www.westclintech.com/) is a software developer based
in Irvington, N.Y. The company's flagship product, XLeratorDB, is a set of
SQL Server function libraries that perform the same analytic calculations
found in Excel spreadsheets. Running directly on the database layer,
XLeratorDB adds hundreds of business functions to SQL Server's native
capabilities, giving it analytic power in finance, statistics, math and
engineering that no spreadsheet can match.

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