HandySoft's SOXA Accelerator Selected by Advanced Semiconductor Engineering for Sarbanes-Oxley Compliance

Vienna, VA - May 17, 2005 - HandySoft Global Corporation, the leader in business process management (BPM) solutions, today announced that its SOXA Accelerator™ was adopted by Advanced Semiconductor Engineering, Inc. (ASE) to comply with the Sarbanes-Oxley Act of 2002. SOXA Accelerator helps companies to lower costs and standardize their approach to sustained SOX compliance for financial controls as well as for broader assessment of controls over operations and IT. ASE is the world's largest independent provider of IC packaging and testing services and has two listed companies in the US: ASE Inc. and ASE Test.

ASE joins the list of HandySoft's SOXA Accelerator users, which also includes United Technologies Corporation, Kenneth Cole, Levi Strauss, Nomura and many others. ASE is a multinational company with more than 30,000 employees. "We need a solution with a central repository for our control documentation, enabling us to offer compliance reporting to senior management and produce auditable evidence of our internal control testings," said Christine Wang, Corporate Audit Manager of ASE.

"HandySoft's SOXA Accelerator integrates and automates our ongoing internal control documentation and testing with the wide array of capabilities needed to ensure compliance and reporting capabilities. HandySoft was also able to provide long-term support in Taiwan through Stark Technologies, which was very important to us," Ms. Wang concluded.

"ASE understands that Sarbanes-Oxley is all about process management, tracking and enforcement on an ongoing basis. That's exactly what SOXA Accelerator will empower ASE to do," said Rob Whiter, General Manager of HandySoft Global Asia-Pacific. "ASE represents an important implementation for us. It shows that our solution is fully scalable, meeting needs of companies with 10 people to conglomerates with thousands of users over many divisions."

According to a recent study by PricewaterhouseCoopers, 90% of Asian CEO's now believe that effective Corporate Governance is of value to their companies and think about moving from mere regulatory compliance to operational risk management and sophisticated automated controls. Furthermore, many countries will eventually have their own corporate governance laws. Regulatory software systems should be flexible enough to incorporate the requirements for these existing and future regulations.

About Advanced Semiconductor Engineering, Inc.
Advanced Semiconductor Engineering, Inc., based in Kaohsiung, Taiwan, is a diversified company providing services at all stages of the semiconductor manufacturing process through itself and its subsidiaries around the world. www.aseglobal.com

About HandySoft Global Corporation
HandySoft Global Corporation is the premier provider of configurable software solutions that simplify and automate business processes; capture and enforce best practices; improve productivity and quality while reducing costs; integrate information technology; and foster collaboration among employees, customers, and partners.

The foundation for HandySoft's industry and departmental solutions is BizFlow®, the award-winning platform for business process management, automated workflow, and collaboration. BizFlow offers complete capabilities for building and managing automated business processes, including tools for designing and monitoring the processes, presenting and accessing work, integrating existing IT systems, and administering the platform itself. As a global solutions provider, HandySoft Global is headquartered in Vienna, VA, with offices in Australia, Japan, London, and Korea, with strategic partner representation throughout the world. HandySoft has implemented process management solutions at hundreds of sites worldwide. For more information call +1-703-442-5600, email info@handysoft.com or visit www.handysoft.com.

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