Securac Targets Canadian Mining Industry CALGARY, Alberta, July 7 /PRNewswire-FirstCall/ -- Securac Corp. ("Securac") (OTC:SECU) (BULLETIN BOARD: SECU) is pleased to announce that it has executed a consulting services agreement with one of the leading companies in the international diamond industry. Large corporations in the mining sector have recently focused more attention on enterprise-wide Operational Risk Management. Many world leaders within the mining industry have undergone dramatic transformations to rise to the business challenges and opportunities present in the 21st century. Canadian mining operations in particular, have taken a lead in this area by adopting internationally recognized standards for environment and health and safety management requiring risk identification, evaluation and mitigation. In the past five years Canadian exploration has yielded some of the largest mineral reserve discoveries to-date and Securac has initiated its support within this sector with the provision of this agreement. Terence C. Wells, MBA, M.Eng., P.Eng. recently joined Securac's professional services team as Managing Director, Environment, Health and Safety Practice. Terence brings with him over 15 years of experience in operations, management and technical assessment within environmental, health and safety risk expertise. Most recently, he was employed with the British Standards Institution as a Technical Expert in Business, Environment, and Health and Safety where he performed over 300 professional service engagements for clients in a myriad of sectors in North America, South America and Europe. "Terence brings a wealth of knowledge and experience in the rapidly growing area of Enterprise Risk Management focused on regulatory compliance, environment and health and safety. This synergizes perfectly with our dynamic team of professionals that currently specialize in information security assessment, physical security assessment, financial compliance management and enterprise risk governance." states Terry Allen, Chief Executive Officer of Securac. "In just a short period of time, Terence has already been an active force on our behalf by initiating consulting services with one of the world's premier diamond companies. About Securac Securac is a vendor of corporate governance, risk assessment and compliance management software and services to corporate and public enterprises, consultants, and regulated organizations. Acertus(TM), our integrated software platform for risk management and decision support, along with our professional services team of risk/governance experts and compliance specialists provide a comprehensive governance, risk assessment and compliance program from the boardroom to the operational level. Securac's principal office is located in Calgary, Alberta and it maintains sales offices in Boston, San Mateo, Toronto, Vancouver and Edmonton. For more information on Securac's product and service offerings, e-mail or call toll free (877) 328-7220. Statements in this Press Release that are not statements of historical fact, including statements regarding potential market size, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risk and uncertainties which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include but are not limited to changing market conditions, the successful and timely completion of financing, the establishment of corporate alliances, the impact of competitive products and pricing, new product development and uncertainties related to the regulatory environment. Reference is made to the Company's Annual Report on Form 10-KSB for the year ended December 31, 2004 for a description of these, as well as other, risks and uncertainties. Contact DATASOURCE: Securac Corporation CONTACT: Terry W. Allen, Chief Executive Officer, +1-403-225-0403, , or R.C. (Bob) Stewart, Investor Relations, +1-403-225-0403, , both of Securac Corp.

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