SOURCE: BWise, Inc.

BWise, Inc.

August 25, 2010 13:08 ET

BWise Increases Development of North American Operations; Names Joseph C. LeBas President

NEW YORK, NY and HERTOGENBOSCH, NETHERLANDS--(Marketwire - August 25, 2010) -  BWise, the global leader in governance, risk and compliance (GRC) management software, is pleased to announce continued growth and augmentation of its operations in North America. As a result of increased demand and strong results in the market, BWise has expanded its North American team, including hiring a new President for the firm, Joseph C. LeBas, effective immediately.

In his role of President, North America, Mr. LeBas will focus on the overall operating performance of the North American business, as well as expanding the company's sales, marketing, consulting services and customer support teams to meet the needs of its customer base. Mr. LeBas brings a strong track record of building profitable and innovative businesses in different industries and around the world. Prior to joining BWise, LeBas helped build information management software firm Vivisimo into a worldwide leader, serving as Senior Vice President, Americas, and earlier as Vice President of Worldwide Sales. Previously, Mr. LeBas served in general management, sales management, and key account management roles for such companies as PolyServe (acquired by HP), PeopleSoft, and Corporate Express, a Buhrmann Company.

"BWise has hired a focused and experienced operating executive to lead our growing team in North America. As we have found in recent years the North American market is the largest and most profitable region for BWise. Joe's leadership will be instrumental in continuing to capitalize on that growth," said Robert Pijselman, CEO of BWise. "The recent expansions we have made at our New York regional headquarters are just one example of the overall growth of the company. BWise will continue to be committed to North America and to expanding our customer reach."

Over the past three years the company has seen significant growth in North America, while adding several new customers to its diverse roster of clients. These new customers represent a wide range of industries including Manufacturing, Life Sciences, Financial Services/Insurance, and Energy and Utilities. Some noteworthy new enterprise clients in the region have included Roche, Aon Corporation, The Southern Company, and Marathon Oil.

BWise also continues to be recognized by independent analysts covering the GRC market. In addition to its current Leader status in both Forrester and Gartner studies, the BWise GRC platform was recognized for its operational risk capabilities by Chartis Research in the analyst's Operational Risk & GRC Software Solutions 2010 report.

"It is a great honor to join BWise at a time when both its market and sales are growing rapidly, and to be a part of its accomplished global management team," said LeBas. "With its strong GRC leadership position as well as a loyal customer base that spans industries and geographies, BWise is uniquely qualified to help enterprises manage operational efficiencies while complying with regulations in a dynamic environment. I look forward to continuing to build on our vast market opportunity in North America."

The BWise North American headquarters is located in one of the most important and noteworthy technology zones in the United States, the "Silicon Alley" district of New York City. In addition to servicing core industries such as financial services and life sciences, the company has leveraged the diverse, local talent pool to expand its sales, marketing, consulting and customer support teams, and is continuing to hire at a rapid pace, both in New York City as well as nationwide.

About BWise
BWise is the global leader in Governance, Risk and Compliance (GRC) management software, with a strong heritage in business process management. Established in 1994, BWise delivers proven solutions to help organizations become 'in control' by increasing corporate accountability; strengthening financial, strategic and operational efficiencies; and maximizing performance and ROI.

With several hundred customers in more than 80 countries worldwide and in virtually all markets, BWise has developed a strong and sustainable presence in the area of governance, risk management and compliance. Utilizing templates and a best-practice implementation approach, BWise enables management to measure and manage risks and comply to rules and legislation such as Sarbanes-Oxley, IFRS, Basel II and Solvency II, ISO-standards, European Corporate Governance Codes and many more. BWise has offices in the Netherlands, United States, United Kingdom, Germany and India. For more information, visit www.bwise.com.

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