First Marblehead Selects OpenPages Sarbanes-Oxley Express for SOX Compliance

November 2, 2004

Waltham, Mass. - November 2, 2004 - OpenPages, a leading provider of enterprise governance, risk and compliance management solutions, today announced that First Marblehead has selected OpenPages Sarbanes-Oxley Express (SOX Express) for its Section 302 and 404 SOX compliance initiatives.

Founded in 1991 and headquartered in Boston, Massachusetts, First Marblehead is meeting the growing demand for private education loans by providing an integrated suite of services for student loan programs. The company’s 700 employees provide loan services to 15 of the 20 largest originators of federally guaranteed student loans.

First Marblehead will deploy SOX Express to streamline its internal control documentation process enterprise-wide. It will enable the collection of information regarding ongoing business controls deployment and monitoring.

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.