Independent Research Firm Cites OpenPages as a Leader in Enterprise GRC Platforms

January 2, 2008

Waltham, Mass. – January 2, 2007 – OpenPages®, a leading provider of enterprise risk management solutions that optimize business performance, today announced that it was named a leader in the December 2007 Forrester Wave™: Enterprise Governance, Risk, And Compliance Platforms, Q4 2007 by Chris McClean and Michael Rasmussen, with Alissa Dill and Jonathan Penn . OpenPages was one of fifteen select companies that Forrester Research invited to participate in the report which evaluated Governance, Risk and Compliance (GRC) solution providers on their product offerings, strategy and market presence.

The Forrester report noted that they “expect OpenPages to sustain its position as a GRC Leader through continued product advancements and strong partnerships.” In terms of product advancements, Forrester noted that the technical capabilities of the OpenPages platform “spread well across all core areas of GRC.” The report also states, “An important differentiator of OpenPages' platform is the flexibility of its data model, and the company continues to make substantial technical advancements, such as its recently released audit module.” Finally, the report cited the company’s risk and control management capabilities as “the platform’s strongest area, most notably in capabilities for risk and control assessment as well as for managing risk definitions, libraries and frameworks.”

According to Forrester, “OpenPages has one of the best-known brand names in the GRC space.” Forrester also noted that the company has “a strong partnership program with many key product vendors, systems integrators and consulting firms.”

OpenPages’ partnerships include a wide range of leading ISVs and service providers that deliver additional value to the OpenPages ecosystem. For more information, please visit http://www.openpages.com/partners/partners.asp for a full list of OpenPages partners.

“We are honored to be identified as a leader in the Forrester Wave for GRC,” said Michael J. Duffy, president and CEO of OpenPages. “Given our landmark year in terms of industry recognition and overall company momentum, Forrester’s positive evaluation of OpenPages reflects our vision for empowering companies by unifying GRC across the enterprise and incorporating risk management into daily business processes. This vision – as recognized by Forrester’s report – aligns seamlessly with market requirements and reinforces our commitment to providing world class risk and compliance solutions that optimize business performance for our customers.”

About OpenPages

OpenPages® is the leading provider of enterprise risk management solutions that optimize business performance. OpenPages empowers the world’s largest companies by unifying governance, risk and compliance across the enterprise and by incorporating risk management into day-to-day business processes. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Japan and the United Kingdom, and regional offices throughout North America.

For questions or for more information on OpenPages' enterprise risk management solutions, please click here or call us at 781.693.5999.