Axentis CEO to Speak at Leading Venture Partnering Symposium

CLEVELAND, Ohio --(Business Wire)-- Sept. 21, 2006 -- Axentis, the leading provider of governance, risk and compliance (GRC) management solutions, today announced that Axentis CEO, Robert Hoyt, will participate in a discussion at the IBM Venture Partnering Symposium on Thursday, September 21.

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Hoyt will be joining top-tier venture capital partners from around the world, CEOs from their strategic portfolio companies and IBM's industry business leaders to discuss important market opportunities for partnering. The symposium will focus on several key industries including banking, energy & utilities, government, healthcare & life sciences, media & telecom and retail. Hoyt will speak during the Banking Track Sessions regarding Axentis's company experiences as a compliance software industry leader utilizing the Software-as-a-Service model.

What:  Discussion about Axentis experiences as a compliance software
    industry leader utilizing the Software-as-a-Service model
When:  Session 1: September 21, 2006, from 9:15 AM -11:15 AM (EST)
    Session 2: September 21, 2006, from 11:30 AM -1:30 PM (EST)
Where: IBM's research headquarters in Yorktown Heights, New York
Who:  Robert Hoyt, Axentis CEO

About Axentis

Axentis delivers the only on-demand business performance optimization environment that empowers companies to turn governance, risk and compliance initiatives into better business performance and competitive advantage. With its unique software-as-a-service (SaaS) model, Axentis Enterprise (Ae) Suite delivers a one-world view of the entire organization for better risk management, mitigation and compliance. Ae is easy-to-use and can be deployed quickly, delivering immediate impact and a quick return on investment (ROI). Axentis was recently named an industry leader by Forrester Research in its "Government, Risk and Compliance Wave Study(TM)" and a "Cool Vendor" by Gartner, which also recognized Axentis in a report titled, "Adoption of Software-as a-Service Is Happening Outside of CRM. " Current Axentis customers include First Data Corporation, ADT and AstraZeneca Pharmaceuticals. Axentis is headquartered in Cleveland, Ohio with data centers in Bolder, CO and Basel, Switzerland. For more information, please visit http://www.axentis.com.