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Axentis Announces Integration of IT GRC Management Suite to Axentis Enterprise

New Features Including Compliance Support for COBIT 4.0,
ISO 17799, ITIL, and GAPP Ensure Tighter Alignment
between IT Policies and Business Objectives

Cleveland, OH—May 7, 2007Axentis, providers of the industry’s most comprehensive and widely deployed governance, risk and compliance (GRC) management solution, announced today the availability of the Axentis IT GRC Management Suite, which provides administrative and execution support for IT governance based on COBIT 4.1, ISO 17799, ITIL, and GAPP. These new additions to Axentis Enterprise enable organizations to ensure that IT governance practices are established appropriately and sustained as their risks change over time.

Axentis IT GRC Management Suite is a comprehensive solution that helps organizations develop, communicate and assess IT policies, procedures and standards. With this solution, organizations are equipped to integrate IT governance practices into the culture of the enterprise, making procedures and standards more effective and consistent while providing management with the tools and transparency they need to get the most from their IT resources. Because all of Axentis’s solutions are delivered via a Software-as-a-Service (SaaS) model, its latest offerings are cost effective and can be implemented in as little as two weeks.

Other benefits and features include:
Policy development and communication
Process framework updates
Performance assessment and audit plan management
Incident and action item management

“Axentis’s latest offering is designed to ensure companies maximize business efficiencies while ensuring the highest level of compliance across all business units,” said Roger Bottum, vice president of marketing and product management at Axentis. “Proven standards like COBIT and ITIL have delivered bottom line results to companies across the globe. By implementing a comprehensive compliance and IT governance program, companies will be able to address existing regulations and frameworks and protect against potential IT risks.”

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 http://www.axentis.com/.

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