OpenPages Previews IT Governance and General Compliance Management Solutions at Third Annual OpenPages User Symposium (OPUS)

Market Wire, October, 2006

At the third annual OpenPages User Symposium (OPUS), OpenPages today offered its customer base an in-depth preview of the company's next-generation software solution, OpenPages Governance Platform 5.0. This new governance platform unifies Governance, Risk and Compliance Management and features new modules for IT Governance and General Compliance Management, in addition to expanded capabilities for Financial Controls Management and Operational Risk Management.

"There is a fundamental shift in the way that companies view governance, risk and compliance. They understand the criticality of driving governance accountability and a risk-aware culture into the day-to-day operations of the organization to improve operations," said Michael J. Duffy, president and CEO of OpenPages. "The next-generation OpenPages Governance platform combines best-in-class applications for managing risk throughout the entire business. Our new IT Governance and General Compliance Management modules, when combined with our existing Financial Controls and Operational Risk Management modules, enable global organizations to pursue an integrated governance, risk and compliance approach. The OpenPages Governance Platform helps customers solve the most pressing governance challenges today, while providing an extensible framework that can adapt to future changing business and regulatory requirements for a comprehensive enterprise-wide governance solution.

OpenPages introduced OPUS attendees to two new OpenPages Governance Platform modules that enable global organizations to scale to the realities of today's complex compliance environment:

--  OpenPages ITG, a software application that facilitates excellence in
    IT Governance through business alignment and standardized policy
    definition, management and enforcement. OpenPages ITG provides users with a
    vital foundation for implementing enterprise-wide business governance by
    empowering them to align IT processes, policies and operations management
    with corporate strategies.

--  OpenPages GCM allows organizations to sustain compliance across
    multiple external regulations and standards and internal policies.  For
    organizations in highly regulated industries or that are subject to
    multiple different regulatory regimes, OpenPages GCM centralizes regulatory
    compliance efforts, helping to reduce the administrative cost and burdens
    currently associated with regulatory compliance.
    

OPUS is a three-day forum designed to foster thought-leadership in the areas of governance, risk and compliance and offer real-world experiences for increasing efficiency and business improvement. With nearly 50 sessions, the event brings together a significant cross-section of OpenPages' customers, as well as industry experts and analysts, leading risk and assurance firms, and technology providers, to discuss business governance efforts, share perspectives and obtain valuable advice from each other. Attendees represent the majority of OpenPages' Global 2000 customer base, with leading firms in the manufacturing, media and entertainment, pharmaceutical, high technology, consumer products, financial services, telecommunications, and energy and power industries.

About OpenPages

OpenPages is the leading provider of governance, risk and compliance management software solutions. The company's solutions provide the visibility, decision support and control to improve accountability, better manage risk, achieve compliance with numerous regulations, improve operational performance and align strategies to ensure better results.

Market-leading corporations in financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences rely on OpenPages to help them achieve sustainable governance, risk and compliance management -- enabling them to become well-governed businesses. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Hong Kong, Japan, France and the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of business governance software solutions or to register for an online demonstration, please call 781-693-5999 or visit www.openpages.com .

OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners.

Contacts: OpenPages Kara Armit OpenPages 781.647.3800, ext. 267 Email Contact North America Michael Parker Lois Paul & Partners 781.782.5800 Email Contact Europe Louise Matthews Harvard Public Relations 44 208 759 0005 Email Contact

 

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