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Governance, Risk and Compliance Leaders Converge at Axentis Engage! 2006 User Conference; Third Annual Conference Features Leading Global 2000 Organizations and Thought Leaders--Identifies Key Strategies for Effective and Sustainable GRC Management

September 22, 2006
Governance, Risk and Compliance Leaders Converge at Axentis Engage! 2006 User Conference; Third Annual Conference Features Leading Global 2000 Organizations and Thought Leaders--Identifies Key Strategies for Effective and Sustainable GRC Management. Check it out:
CLEVELAND --(Business Wire)-- Sept. 22, 2006 -- Axentis, the leading provider of on-demand governance, risk and compliance (GRC) management solutions, today announced the success of Engage! 2006, its annual conference designed to give customers, partners and Axentis executives a forum to discuss and share views on critical trends and practical approaches to successfully managing GRC applications. The conference, which took place September 12 - 14 in Newport, RI, also highlighted the new Axentis Privacy Management Suite and previewed upcoming Axentis Enterprise and Axentis SOX Suite product enhancements.



"Customer success is the ultimate validation of the Axentis Enterprise solution, the industry's only offering that leverages the SaaS model to empower organizations to effectively address the complete spectrum of compliance concerns," said Roger Bottum, vice president, marketing at Axentis. "By bringing together partners such as IBM and The Ponemon Institute, our customers and our own people, we were able to create a forum that delivered on our objective of having participants return to their companies with new ideas for enhancing their GRC programs and their use of Axentis Enterprise."

Engage! 2006 featured customer, partner and Axentis presentations and roundtable discussions including approaches to integrating compliance into the business, measuring and managing the cost of compliance, approaches for specific areas such as Sarbanes-Oxley 404, Sarbanes-Oxley 302 and enterprise compliance training. Specific presenters included:

-- Matt Leonard, CIPP and Senior Fellow, Ponemon Institute, a pioneer in the development of privacy audits, privacy risk management and ethical information management. Leonard spoke on "The Business Case for Effective Privacy Management," which addressed mounting privacy concerns impacting Global 2000 corporations

-- John Reece, former CIO for the Internal Revenue Service (IRS) and Time Warner. Reece spoke on "Securing Trusted Operations." The session outlined the issue of trust and why having shareholder (i.e. customers, partners, employees) trust is critical to the immediate and long-term success of large global organizations

Additional topics addressed at this year's event included:

-- "Moving from Add-on to Embedded SOX Compliance" - focusing on how companies can significantly reduce effort by embedding these processes within the internal enterprise. Organizations can eliminate duplicative test work and in the case of Sox 404, save up to 50 percent of their compliance costs.

-- "Integrating Governance, Risk and Compliance - New Models for Success" - discussing how Governance, Risk Management and Compliance are converging as disciplines and that the globalization of company operations and by extension GRC programs, are rapidly changing historical models, skill requirements, and effectiveness models. The session went on to provide insights into successfully addressing this evolving industry.

-- "The Evolution of an Effective Global Compliance Training Program" - describing the implementation of a global training compliance program to address the requirements of over 12,000 employees and contractors.

Additional discussions delivered real-life customer experiences with the Axentis Enterprise (Ae) solution, including reviews of pathways to GRC success. Engage! 2006 also featured a look at the company's recently announced Axentis Privacy Management Suite and delivered a glimpse ahead at a series of upcoming product rollouts slated to be seamlessly rolled out in Q4 2006 and Q1 2007.

Axentis is the only GRC company leveraging the SaaS model to deliver consistent workflow, reporting, security and content and learning management. Currently over 700,000 users from Global 2000 companies located in more than 100 countries trust Axentis with their GRC requirements. Whether tackling Enterprise Risk Management, Sarbanes-Oxley, HIPAA, Corporate Code of Conduct, Anti Money Laundering statutes, Operational Risk, or COBIT, Axentis Enterprise is the common platform resource used to automate processes, reduce costs and manage risk.

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, which was recently named an industry leader and innovator by several leading analyst firms, touts over 700,000 users from leading Global 2000 companies including ADT and AstraZeneca Pharmaceuticals. Axentis is headquartered in Cleveland, Ohio with data centers in Boulder, CO and Basel, Switzerland. For more information, please visit http://www.axentis.com.


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