OpenPages Wins 2007 Red Herring 100 Award

May 2, 2007

Waltham, Mass. – May 2, 2007 – Red Herring today announced that OpenPages is a recipient of the Red Herring 100, the award given to the top 100 private technology companies based in North America that play a leading role in innovation and technology.

"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity," said Joel Dreyfuss, editor-in-chief of Red Herring. "With venture capital flowing again, it’s exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch."

“The fact that we were the only Governance, Risk and Compliance (GRC) solutions provider to even be nominated for this prestigious award, let alone win, is welcome recognition of OpenPages’ technological excellence and global leadership position,” said Michael J. Duffy, President and CEO, OpenPages. “The Red Herring 100 has a rich history as an award that has launched many of today’s top technology brands into the spotlight and we are certainly honored to be listed among them.”

Red Herring’s annual lists of top private companies are an important part of the company’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring’s editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

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.