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PG&E Corporation Selects OpenPages SOX Express for Sarbanes-Oxley Compliance

December 22, 2005

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Waltham, Mass. - December 22, 2005 - OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that PG&E Corporation has selected OpenPages Sarbanes-Oxley Express (SOX Express) for its Sarbanes-Oxley compliance initiatives.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. With assets valued at $34.5 billion, its operations include electric generation, natural gas and electric transmission, and electric and gas distribution. It is the parent company of Pacific Gas and Electric Company.

OpenPages SOX Express is an enterprise compliance management solution that reduces the time and resource costs associated with ongoing compliance for Sections 302 and 404 of the Sarbanes-Oxley Act. SOX Express combines powerful document management, business process management and flexible reporting capabilities in an extremely easy-to-use environment that enables an organization to document financial controls and automate the ongoing test and review process. Completely web-based, SOX Express maximizes end-user participation with little training. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls framework of the company, and to attest to the financial statements.

About OpenPages

OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what’s important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in the United Kingdom, distribution partners in Japan and South Africa and regional offices throughout North America.

For more information on OpenPages' governance, risk and compliance solutions, please click here or call us at 781.693.5999.

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OpenPages
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Lois Paul & Partners
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openpages@lpp.com
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Harvard Public Relations
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Gareth.Williams@harvard.co.uk
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