FOR IMMEDIATE RELEASE
COMPLIANCE SYSTEMS LAUDS FTC TELEMARKETING SALES RULE AMENDMENT
Company’s E-Alert Feature: Valuable Resource For Regulatory Guide Subscribers
Glen Cove, N.Y. – August 22, 2008 (BUSINESS WIRE) – Compliance Systems Corporation (OTCBB: COPI, http://www.callcompliance.com), a provider of compliance technologies and methodologies to the teleservices industry, lauds the two recent Federal Trade Commission (“FTC”) telemarketing sales rule amendments (the “TSR”).
The first amendment expressly bars telemarketing calls that deliver prerecorded messages, unless a consumer previously consented to such calls. The second amendment modifies the FTC’s current method of measuring the maximum permissible level of "call abandonment” to coincide with the existing Federal Communications Commission (“FCC”) telemarketing rule. The current three percent abandonment rate will be retained, but it will be calculated over a thirty day period rather than on a daily basis.
“The recent rule changes by the FTC are aligned with the teleservices industry’s commitment to adopting best practices,” said Dean Garfinkel, chief executive officer of Compliance Systems Corporation. “Our Regulatory Guide subscribers, teleservices professionals at all levels, were immediately notified of these rule changes via e-Alerts.”
The company’s Regulatory GuideSM (www.regulatoryguide.com), which provides automatic e-Alert, and is part of its suite of compliance offerings, is designed to deliver these types of critical changes to Federal and State regulations quickly to its subscriber base. The Regulatory Guide provides all of the pertinent information in one source that is regularly updated and is available as a service to its online subscribers.
About Compliance Systems Corporation
Headquartered in Glen Cove, NY, Compliance Systems Corporation (www.callcompliance.com), is a developer of technology-based compliance solutions for the teleservices industry. Its prime focus is ensuring 100% compliance with Federal, State and local government “Do-Not-Call” laws through its flagship patented product, TeleBlock® and its associated suite of telecommunication products. The company sells to corporate companies and business across a wide-range of industries and sectors. For more information on the company and/or our product suite, please visit www.callcompliance.com or (888) 674-6774. Call Compliance Inc. is a wholly owned subsidiary of Compliance Systems Corporation (OTCBB: COPI).
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