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ATTUS to Provide BIS Trade Compliance to Progressive International
Oct 19, 2010 (12:10 PM EDT)
CHARLOTTE, N.C., Oct. 19 /PRNewswire/ -- Progressive International Corporation, the kitchenware manufacturer and exporter, today announced it will employ ATTUS Technologies' WatchDOG® Pro, the industry standard in advanced watch list screening, to fulfill its BIS trade compliance obligations.
Progressive International's practical, inventive and fun kitchen gadgets and tools are sold domestically and internationally in Canada, Europe, South America and other international markets. As a U.S. based company, Progressive understands its duty to fulfill the Office of Foreign Assets Control (OFAC) watch list screening. It also knows that because it does business internationally it must comply with the myriad export laws and regulations issued by US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS).
"We are thrilled to add Progressive International to the ranks of WatchDOG® Pro users," said Tom Fedell, president and CEO of ATTUS Technologies, Inc. "Like many U.S. businesses, they are subject to a number of diverse, compliance obligations. WatchDOG® Pro provides them with a single, customizable solution that takes care of all of their compliance needs at once."
WatchDOG® Pro is a web-based solution that uses an advanced, name search algorithm to simultaneously cross check a single customer transaction or an entire customer database against all applicable watch lists. ATTUS provides over twenty watch lists from which to choose, allowing its clients to select the right combination of watch lists for their business model. In Progressive's case, WatchDOG® Pro will scan the BIS list, the OFAC Specially Designated Nationals (SDN) list, and the OFAC Sanctioned Countries list.
"We feel confident that we have our basis covered and it [WatchDOG® Pro] is so easy to use," said Allison Elgar, Export Compliance Manager of Progressive International.
"Progressive told us they wanted WatchDOG® Pro because of its ease of use," added Fedell. "The great thing about this product is that they didn't have to exchange compliance totality to get that simplicity. By incorporating WatchDOG® Pro into each of their world-wide offices, Progressive can now be certain that they have a consistent, verifiable trade compliance system in place that satisfies U.S. Customs and the BIS."
About Progressive International Corporation
Progressive is your source for the widest range of functional, inventive and fun kitchen gadgets and tools. A leader in the kitchenware business for over thirty-five years, our products are sold in the United States, Canada, Europe, South America and other international markets. Located in Kent, Washington, Progressive maintains a customer-service based company while enjoying a global reach. Established in 1973, our commitment to quality and service allows us to offer a broad selection of quality kitchenware and other household products. For more information, visit http://progressiveintl.com/.
About ATTUS Technologies, Inc.
ATTUS Technologies, Inc. is an industry leader in software and services for regulatory compliance, homeland security and fraud prevention. Over 4,500 financial institutions and other clients nationwide use ATTUS' solutions for compliance with the requirements of the Gramm-Leach-Bliley Act (GLBA), the USA PATRIOT Act, the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), anti-money laundering regulations, the Bank Secrecy Act (BSA), Regulation CC and Regulation E. ATTUS is based in Charlotte, North Carolina. For more information about ATTUS, visit www.attustech.com.
SOURCE ATTUS Technologies, Inc.