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AIChE and ABS Consulting Announce Agreement for Provision of Security Vulnerability Analysis Training

May 4, 2004

(New York, NY) The American Institute of Chemical Engineers (AIChE) and ABSG Consulting (ABS Consulting) are pleased to announce an agreement for ABS Consulting to deliver the Institute’s short course and certificate program in Security Vulnerability Analysis (SVA). Under this agreement, ABS Consulting will present the SVA program in addition to its broad selection of educational offerings in the areas of environment, health, safety and security. AIChE will continue to guide content and the course will retain its name and expert curricula.

In 2002, AIChE, through its Center for Chemical Process Safety (CCPS), developed a systematic process for identifying, analyzing and managing a company’s security vulnerabilities to avoid catastrophic chemical accidents caused by terrorist acts. This methodology, CCPS® SVA, has been lauded as a forerunner on the subject in the chemical and allied industries. All 140 members of the American Chemistry Council (ACC) have completed vulnerability assessments for all of their facilities using either the CCPS SVA methodology or a methodology which has been determined by CCPS to meet the same criteria. The CCPS SVA is defined and outlined descriptively in Guidelines for Analyzing and Managing the Security Vulnerabilities of Fixed Chemical Sites, published in August 2002 and copyrighted by AIChE.

AIChE President Bill Byers said, "AIChE has worked extensively with ABS Consulting in the education services area, and we are pleased to extend this relationship into an area that is crucial to industry and the nation at large. ABS Consulting's educational program has long been regarded to be of the highest quality standard, and we're pleased to incorporate our course and certificate program into their solid program."

"ABS Consulting and AIChE have worked together for over two decades to improve the safety and security of the chemical process industry through high quality training programs. We look forward to helping the industry find practical and effective means to improve security using the tools and information provided in AIChE’s SVA course," says ABS Consulting CEO Frank Iarossi.

AIChE members will continue to benefit from membership discounts in this course and certificate program, as well as the extensive course site locations offered by ABS Consulting.

The first offerings are planned for late summer 2004. Please contact Karen Evans (865-675-2850) or visit www.absconsulting.com (under Training) to sign up or request more information on CCPS SVA or any of the ABS Consulting education courses.

Founded in 1908, AIChE represents 50,000 chemical engineers working in industry, academia and government. It accomplishes its mission of advancing chemical engineering knowledge through membership programs, publications, conferences, and research and educational activities.

ABSG Consulting Inc. (ABS Consulting) is a leading independent global provider of risk management services, combining industry experts, risk modeling and practical engineering and technology solutions to help business, finance, industry and government manage risk. Through a comprehensive and integrated risk management approach, ABS Consulting is committed to help clients reduce business interruption and manage catastrophic, operational, and security risks. ABS Consulting headquarters are in Houston, Texas. (www.absconsulting.com)

For more information contact:

Rebecca Rieansnider
Marketing Communications Specialist - ABS Consulting
1-281-877-5859 | rrieansnider@absconsulting.com