SOURCE: Bullzi Security Inc.

October 11, 2007 10:30 ET

Bullzi Security Inc. Releases Its Anti-Money Laundering eLearning Course

LAKE MARY, FL--(Marketwire - October 11, 2007) - Bullzi Security Inc. (PINKSHEETS: BLLZ), a leading converged security provider, has released its new eLearning course on Anti-Money Laundering.

Today, all financial institutions globally are required to monitor, investigate and report transactions of a suspicious nature to the financial intelligence unit of the central bank in the respective country. For example, a bank must perform due diligence by having proof of a customer's identity and that the use, source and destination of funds does not involve money laundering. An element of this due diligence is educating employees on how to detect and respond to suspect transactions and how to properly identify new clients.

According to TowerGroup, money laundering is the world's third largest business -- $1.5 trillion US. Countries around the world are stepping up efforts to detect it while criminals continue to develop increasingly sophisticated methods of money laundering.

Michael Welch, co-founder and Sr. Vice President of Bullzi Security stated, "Due to the increased sophistication of money laundering methods, employees must be properly trained on what money laundering is and, more importantly, how to identify suspicious transactions and behaviors. Bullzi's Anti-Money Laundering course provides such training in a self-paced, on-line environment. In addition, it educates the employee about anti-money laundering and anti-terrorism financing laws, as well as the process of effective client identification."

Thomas Welch, co-founder and President of Bullzi Security also stated, "In today's world of Internet anonymity, fraudulent credentials, and identify theft, it is imperative that financial institutions train their employees on how to properly identify new clients, as well as helping them understand the penalties for non-compliance. Money laundering is not only a financial crime; the proceeds of money laundering are used to fund terrorism worldwide, thus all available countermeasures, including training and education is needed to thwart this type of activity."

About Bullzi Security Inc.

Bullzi Security (www.bullzisecurity.com) is a leader in providing 'converged' security solutions. Through its consulting services and integrated delivery systems, Bullzi Security helps to minimize threats to its clients' assets, facilities, personnel and information systems. As a full service security firm, Bullzi Security offers compliance programs, information security services, physical security solutions, security education programs, document security and investigative services. Bullzi Security brings a unique set of skills and experience to ensure that its clients receive the most comprehensive, cost-effective security services available. The Bullzi Security trading symbol is (PINKSHEETS: BLLZ).

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