OpenPages SOX Express Purchased by Lloyds TSB for Sarbanes-Oxley Compliance

September 20, 2004

Waltham, Mass. - September 20, 2004 - OpenPages, a leading provider of enterprise governance, risk and compliance management solutions, today announced that Lloyds TSB Bank plc has purchased its Sarbanes-Oxley Express (SOX Express) product to help manage and report on compliance with Section 404 of the Sarbanes-Oxley Act.

Lloyds TSB Group is a leading UK-based financial services group. At December 31, 2003, total Group assets were £252 billion and Lloyds TSB Group had over 71,500 employees. Lloyds TSB Group plc’s market capitalization at that date was some £25.1 billion.

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. SOX Express is a focused enterprise application that combines powerful document and business process management with flexible reporting capabilities in an extremely easy-to-use environment that enables CEOs, CFOs and financial management officers to enforce internal controls. SOX Express helps corporations automate significant aspects of their internal controls framework to significantly reduce the overall cost of compliance. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls of the company, and eventually to attest to the financial statements.

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.

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