Fadel Partners Launches an Innovative Enterprise Solution for Intellectual Property Management, "eRoyalty"

New York, May 30, 2006

eRoyalty streamlines rights contract management and royalty processing through the integration of rights configurations, royalty calculations and rules processing. Rights Management provides powerful rights and configuration capabilities, collision checking and automated versioning and approvals. Royalty management provides real-time data validation and calculations to make certain that accurate and legitimate royalty is being reported and accounted for.

"eRoyalty delivers a unique enterprise solution that is flexible and comprehensive for an end to end business process flow, thus allowing licensing, publishing and media organizations to increase their sales and accurately track earned royalties and financial standing, in real time" says Tarek E. Fadel, Founder and CEO of Fadel Partners.

In today's rapidly evolving licensing models, many industries face common challenges related to intellectual property management. Some of these challenges include manual contract management processes, complex and unstructured rights tracking, non-integrated financials, difficult data collection and reporting, inaccurate tracking of minimum guarantee and overage payments. eRoyalty is specifically designed to address these issues and helps customers overcome these challenges and many others. eRoyalty key benefits include:

Rights Management

• Licensee/Agent Management
• Streamlined Deal Creation
• Versioning and Auditing
• Automated Approvals Management and Workflow
• Automated Deal Sheet Generation

Royalty Management

• Automated Contracts Overage Tracking and Invoicing
• Simplified Revenue Recognition Management
• Integrated Royalty Engine
• Multi-Currency Deal/Contract/Invoicing Management
• Business Intelligence and Reporting

About Fadel Partners

FFadel Partners, Inc. is a technology firm focused on implementing and supporting Oracle Applications and Oracle technologies and building custom software solutions for the Licensing, Media and Publishing industries. Fadel Partners combines the use of techno-functional resources for on-time and on-budget project delivery and for offering unique support services to its clients. Fadel Partners is headquartered in New York City . For more information, please visit: www.fadelpartners.com

Contact:

Joe Fadous
Fadel Partners, Inc.
646-736-6083