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Robert Hoyt to Illustrate Technology’s Value as a Critical Element to Effective GRC Management as Software Companies Convene for Industry Informational Sessions

Cleveland, OH—June 25, 2007—Axentis, providers of the industry’s most comprehensive and widely deployed governance, risk and compliance (GRC) management solution, announced today that Robert Hoyt, CEO, will share his Software-as-a-Service (SaaS) insight during the Bank of America’s Private Software Company Panel Day on June 26. Invited to participate on a panel debating related technologies, he will discuss how the SaaS model can drastically improve an organization’s efficiencies by ensuring continuity across the enterprise, as well as with vendors and customers.

Mr. Hoyt draws on more than 15 years of enterprise software experience coupled with his steady contribution to establishing Axentis’s SaaS-based business model. Today, the company’s flexible and reliable approach to GRC management is the chosen solution by more than 775,000 users faced with increasing regulatory requirements.

“In addition to the unique rapid time-to-implementation and scalability that the SaaS model offers for standard implementations, there are enterprise applications that can truly only be met using this model,” said Mr. Hoyt. “Compliance software delivered through the SaaS model is an essential resource for minimizing the consequences of regulatory crises and getting the business back on track. Companies can put the technology they need in place far more quickly, addressing their present crisis – while also building a foundation for avoiding future ones.”

For more information on how the SaaS model can quickly correct a governance, risk and compliance crisis, please visit request here.

Who:      Robert Hoyt, CEO, Axentis

What:     Panel, “No Longer Boxed In: Hosted Web Applications and SaaS”

Where:   Bank of America Private Software Company Panel Day,
              New York, NY
When:    June 26, 2007, 2:10 p.m. – 3:10 p.m. EDT

Bank of America Private Software Company Panel Day provides a forum for leading private companies to discuss current trends and issues influencing the software industry. In addition to hosted Web applications and SaaS topics, the panels will discuss open source adoption, virtualization, business intelligence and application and network management.

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™” 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 www.axentis.com.

 

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