BEIRUT, LEBANON, May 31, 2005 – Amerab Business Solutions sal (ABS), the local support office for US-based IDOM Middle East, LLC (www.idom-me.com), a leading provider of regulatory compliance expertise and related business automation solutions, is very pleased to announce that the First National Bank (FNB), with headquarters in Beirut, Lebanon, has subscribed to access the centralized database for Watch/Black lists offered online from WorldCompliance.

Mr. Nabil Liane, Information Security Manager in First National Bank, said, “The continuous efforts to enhance our AML compliance solutions is a policy that our bank has adopted. After searching for resource information solutions in the market, we found that WorldCompliance has an excellent solution for recording and maintaining black listed names and other high-risk individuals.”

Mr. Fakhruddin Khalil, Chairman of ABS, said, “Our strategic business alliance with WorldCompliance, which was just recently announced, has immediately begun to benefit our banking clients. FNB is a client who already takes advantage of three of our compliance solutions, AML-Reporter, DNFS and DOC-Tracker. Now, with this added access to the WorldCompliance centralized database of potentially high-risk individuals and companies, their due diligence efforts will be greatly enhanced.”

“We see FNB as the first of many of ABS’s clients who will want to have access to our robust database incorporated within their existing compliance solutions. The combination of both companies’ compliance solution offerings truly complements the due diligence package for the bank,” stated Mr. Dirk Mohrmann, President of WorldCompliance.

About IDOM Middle East, LLC and ABS

IDOM Middle East’s complete array of regulatory expertise and automation offerings provides the perfect solution to further assist financial institutions in their effort to comply with regulatory requirements. IDOM Middle East’s senior management consists of Mr. Fakhruddin Khalil, Chairman, and Managing Directors, Mr. Stephen Codignotto, Mr. Haytham Khalil and Mr. Vincent Raniere. Amerab Business Solutions, sal (ABS), is the local support office of IDOM Middle East, LLC. ABS is strategically located at Liberty Tower in Hamra, Beirut, Lebanon and is within easy reach of the capital's prestigious banking community. IDOM is an authorized reseller of AML-Reporter and DNFS, which are owned by Genie Software Inc. For more information on IDOM Middle East’s and ABS’ products and services please contact the sales department at info@amerabsolutions.com, +96 1 1 744797 or visit the web site at www.idom-me.com.

About WorldCompliance

WorldCompliance is operated by World Compliance Inc. headquartered in the US. WorldCompliance’s database contains information on more than 600,000 known or suspected terrorists, money launderers, narcotics traffickers, fraudsters and other white-collar criminals, as well as PEPs (Politically Exposed Persons) and their family members and close associates. The database contains proprietary investigative research, government sanctions, regulatory warnings and criminal indictments. For more information, please visit www.worldcompliance.com.