AXENTIS - Compliance on Demand.

Axentis Announces Audit Tool Integration with Key Industry Solutions Including PricewaterhouseCoopers TeamMate®

Axentis Audit Tool Integrator Streamlines Sarbanes-Oxley Initiatives by Empowering Internal Auditors to Execute and Manage Audit Risks with Increased Efficiency

Cleveland, Ohio - June 15, 2006 - Axentis, the leading provider of on-demand governance, risk and compliance (GRC) management solutions, today announced the availability of the latest integration adapter for Axentis Enterprise (Ae), the Axentis Audit Tool Integrator. Axentis Audit Tool Integrator provides configurable integration with third party audit software such as PricewaterhouseCoopers TeamMate ® and Paisley Consulting's AutoAudit ® . This integration enables Global 2000 customers using Axentis Enterprise (Ae) for Sarbanes-Oxley and Financial Controls to reuse information across audit and financial controls processes and further streamline operations . Axentis Audit Tool Integrator is scheduled for release in third quarter .

Axentis Audit Tool Integrator is built upon Axentis Integrator, which was introduced earlier this year to enable Global 2000 companies to easily and securely integrate Axentis Enterprise (Ae) into their existing application environment. Specifically, the Axentis Audit Tool adapter allows customers to make their Sarbanes-Oxley program more effective by automating the linkage with internal audit findings. Axentis Audit Tool Integrator also enables these companies to achieve greater efficiency by leveraging internal audit work into their Sarbanes-Oxley testing process.

"A key part of our success has been the ability to help large Global 2000 customers implement and go live with their governance, risk and compliance solution quickly in order to take control of Sarbanes-Oxley and other key mandates impacting their organization," said Roger Bottum, vice president of marketing at Axentis. "The introduction of the Axentis Audit Tool Integrator delivers large global organizations another important piece of the GRC puzzle, one which seamlessly integrates in the Axentis offering and plays an integral role in helping drive organizational success."

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, 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.