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Axentis Selected by AlwaysOn as AO100 Private Company Award Winner
Recognized for leadership in emerging technology
Cleveland, Ohio - July 17, 2006 - Axentis, the leading provider of on-demand governance, risk and compliance (GRC) management solutions , today announced that it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. Axentis was handpicked by the AlwaysOn editorial panel based on a set of five criteria - technology innovation, market potential, customer adoption, media buzz and investor value creation.
Axentis and the AO100 will be honored as part of the AO2006: Stanford Summit, July 25-27, at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California. It will bring together successful entrepreneurs, business and political thought leaders, and top venture capitalists to spot trends and spark new ideas and initiatives.
The AO100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO100 consists of private companies at all stages of development, from early to late stage.
Axentis is the only GRC company leveraging the SaaS model to deliver consistent workflow, reporting, security and content and learning management. Currently 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 or HIPAA, Axentis Enterprise is the common platform resource used to automate processes, reduce costs and manage risk.
"The AO100 companies are driving the next wave of innovative technologies that are disrupting the old guard and shaping the new media landscape," said Tony Perkins, founder of AlwaysOn. "As ever, we were inundated with nominations from leading companies, and it's heartening to know that tomorrow's thought leaders and technology visionaries are already out there. My congratulations to each AO100 winner - these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."
"Being recognized by the venture capitalist, investment banker and industry analyst communities and in turn included on the AlwaysOn100 truly validates the founding vision that we have brought to life," said Robert Hoyt, chief executive officer at Axentis. "Since day one Axentis has lead the compliance industry with its unique software-as-a-service product offering. Going forward we will continue to give companies the tools needed to take complete control of all compliance issues and drive improved business performance."
A full list of all the AO100 companies can be found on the AlwaysOn website at: http://stanfordsummit.goingon.com/permalink/post/866
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.
About AlwaysOn
AlwaysOn is transforming the communication business with its online blogging network; establishing it as a leader in the open media revolution. Borrowing on the underground blogging and social networking traditions, AlwaysOn (www.alwayson-network.com) was launched in 2003. Today, AlwaysOn's annual Summit @ Stanford and OnHollywood events, print "blogozine" and online services encourage direct collaboration between the global thought leaders and technology insiders whose ideas and innovations are shaping the always-on world.
AlwaysOn, LLC , is a privately held and virtually headquartered company born out of the heart of Silicon Valley. For Axentis
Doug Fraim
781-487-4621
dfraim@racepointgroup.com
For AlwaysOn
Louise Tipton
415 992 4420
AO@lewispr.com
