[February 14, 2007]

Axentis Introduces Latest Product Enhancements in January Rollout

CLEVELAND --(Business Wire)-- Axentis, providers of the industry's most comprehensive and widely deployed governance, risk and compliance (GRC) management solution, today announced the latest enhancements to Axentis Enterprise (Ae), the industry's only pure software-as-a-service (SaaS) based solution. The January product release introduces additional powerful reporting and analytic capabilities that allow everyday users to more rapidly and efficiently analyze their organization's key GRC-related data. In addition to the Axentis Enterprise platform, these enhancements are available to customers of the Axentis solution suites, including Sarbanes-Oxley and Privacy Management.

"Today our customers are turning to Axentis to manage a broad and growing number of GRC applications, be it SOX, privacy, regulatory or ethics-related issues," said Roger Bottum, vice president of marketing at Axentis. "In order to ensure success, it is critical that these companies have the ability to easily manage and analyze their GRC data at any given point in time to ensure that their compliance performance is in line with the demands of the organization."

New wizard-driven capabilities enable customers to more easily select, filter, analyze and publish data, and additional configurable graphical dashboards provide intuitive displays for executives and management, with no assistance required from their IT department. In doing so, Axentis Enterprise makes it easier to identify potential issues and faster for customers to meet the needs of a specific GRC initiative. The most recent release also includes a series of other "ease-of-use" enhancements requested by the Axentis customers.

Axentis is the only GRC company leveraging a pure SaaS model to deliver consistent workflow, reporting, security, and content and learning management. Through its SaaS-based foundation, Ae is capable of offering customers new product enhancements in real-time, thereby eliminating the traditional interruption associated with the upgrade process. Currently more than 720,000 users from Global 2000 companies, located in more than 100 countries, trust Axentis with their GRC requirements. Whether tackling Enterprise Risk Management, Financial Risk, Data Governance, Legal and Regulatory compliance, or Labor and Employment compliance, 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 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 ADT and AstraZeneca Pharmaceuticals. Axentis is headquartered in Cleveland, Ohio with data centers in Boulder, Colorado and Basel, Switzerland. For more information, please visit http://www.axentis.com.

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