AXENTIS Announces Two New Offerings

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CLEVELAND-(Business Wire)-February 17, 2009 - AXENTIS, a leading provider of enterprise-wide governance, risk management, and compliance (GRC) solutions, today announced two new AXENTIS Enterprise® solution offerings to support every compliance office: AXENTIS Policy Manager and AXENTIS Compliance Office Manager.

AXENTIS has been perfecting the automation of compliance functions for over nine years through deep collaboration with hundreds of risk and compliance managers at the most highly regulated companies in the world. The new solutions will provide fundamental policy and compliance office management capabilities that are efficient and expandable for cost effective GRC growth management.

AXENTIS Policy Manager Solution is a low cost, SaaS offering that allows any company, with one or multiple compliance initiatives, to quickly create a collaborative document review and approval process over the web where ultimately every corporate policy can be organized, archived, accessed and communicated. Through AXENTIS Policy Manager, policies and procedures can be distributed to virtual groups including employees, suppliers, customers or partners anywhere in the world, with the ability to provide certification that the policy has been read and understood. Organizations can achieve centralized control over policies and procedures and broad visibility of compliance across the enterprise. AXENTIS Policy Manager can be implemented and configured in under 30 days and can be licensed annually for as low as $30,000.

AXENTIS Compliance Office Manager Solution is purpose-built to manage the compliance function and allows companies to add users across the enterprise as needed to match performance and budget demands. Organize compliance requirements, risk and control frameworks, action plans, policies, and manage incidents all within a single solution that is scalable, flexible and built for the task. The Compliance Office Manager can be configured in less than 30 days and can be licensed annually for as low as $30,000.

Both solutions put a simple, low cost, service-based compliance system in reach for any company concerned with mandates driven by regulation, by business partners, or by internal policies intended to address risk and improve performance,” stated Gary M. Fingerhut, AXENTIS Senior Vice President. “AXENTIS allows you to start small and grow with your changing business needs. We can quickly serve 10 to 50,000 employees, contractors and vendors. That’s the beauty of SoftwareasaService — no hardware or software to install.”

For more information please go to www.axentis.com.

About AXENTIS

AXENTIS is a global leader of governance, risk and compliance (GRC) management solutions for highly regulated industries including life sciences, healthcare, financial services, energy, utilities, manufacturing, and others. AXENTIS Enterprise® enables organizations to effectively and consistently address internal and external risks associated with all legal, regulatory, and corporate mandates and policies with which they must comply including established federal government standards for an effective compliance program. Founded in 1999, AXENTIS delivers via a SoftwareasaService (SaaS), reaching individuals worldwide. For more information, please visit www.AXENTIS.com.

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