SOURCE: OpenPages

October 11, 2006 12:20 ET

Liberty Global Selects OpenPages for Governance, Risk and Compliance Management

WALTHAM, MA -- (MARKET WIRE) -- October 11, 2006 -- OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that Liberty Global, Inc. (NASDAQ: LBTYA) (NASDAQ: LBTYB) (NASDAQ: LBTYK) has selected OpenPages FCM for automating its ongoing testing and review of internal controls to reduce the time and resource costs associated with Section 404 and 302 compliance.

Liberty Global is the leading international cable operator offering advanced video, voice, and Internet-access services to connect its customers to the world of entertainment, communications and information. As of June 30, 2006, Liberty Global operated state-of-the-art broadband communications networks that served approximately 13 million customers in 17 countries (excluding France) principally located in Europe, Japan, Chile, and Australia. Liberty Global's operations also include significant media and programming businesses such as Jupiter TV in Japan and Chellomedia in Europe.

OpenPages FCM is an enterprise financial controls management solution that reduces the time and resource costs associated with ongoing compliance with financial reporting regulations. Available in six languages, OpenPages FCM 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, OpenPages FCM 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 governance, risk and compliance management software solutions. The company's solutions provide the visibility, decision support and control to improve accountability, better manage risk, achieve compliance with numerous regulations, improve operational performance and align strategies to ensure better results.

Market-leading corporations in financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences rely on OpenPages to help them achieve sustainable governance, risk and compliance management -- enabling them to become well-governed businesses. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Hong Kong, Japan, France and the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of business governance software solutions or to register for an online demonstration, please call 781-693-5999 or visit www.openpages.com.

OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners.

Contact Information

  • Contacts:

    OpenPages
    Kara Armit
    OpenPages
    781.647.3800, ext. 267
    Email Contact

    North America
    Michael Parker
    Lois Paul & Partners
    781.782.5714
    Email Contact

    Europe
    Louise Matthews
    Harvard Public Relations
    +44 208 759 0005
    Email Contact