We are again delighted to announce yet another client win for our SOX Compliance Made Simple® product suite!  Vibato won ZBB Energy on 3/26/2010 and we are very excited to get started on this great client!

Vibato is delighted to announce that Pizza Inn, Inc has selected us to assist them with their Sarbanes-Oxley / internal controls implementation!  We look forward to working with this great client!

After much thought and reflection, I have decided to step down as CEO of Vibato, LLC and instead, I have been appointed to CIO.  I feel this change will allow me to focus on doing what I love to do best; helping our clients meet their day-to-day compliance needs and enhancing our product line rather than focusing on Vibato's business needs.  Bill Bockwoldt has taken the helm and in all truthfulness, he has been performing CEO activities for a long time.  We all feel this change will allow Vibato to get to the next level in our business efforts and allow us to provide even greater customer support than we already do.  Please join me in congratulating Bill on this well earned promotion! 

The Senate is meeting right now that could cause the inclusion or exclusion of Section 404(b) from the omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009."  

The omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009" was passed by the House of Representatives via a vote of 223-202 on December 11, 2009.  This bill would seek to permanently grant a 404(b) reprieve for non-accelerated filers (those with a market capitalization below $75 million).  The bill must now be passed by the Senate to be put into law and their vote has yet to be scheduled.  As it stands now, non-accelerated filers must comply with 404(b) by June 15, 2010; 404(a) has been in effect since 2007 and is not in debate.