SOURCE: Paisley

October 29, 2007 09:00 ET

Minneapolis/St. Paul Business Journal Recognizes Paisley as One of Twin Cities' Fastest Growing Companies

Paisley Named to Business Journal's Fast 50 List

MINNEAPOLIS, MN--(Marketwire - October 29, 2007) - Paisley, the leading provider of governance, risk and compliance (GRC) software solutions, today announced that it has been named to the Fast 50 list published by the Minneapolis/St. Paul Business Journal. Paisley's growth of nearly 90 percent during this period ranked it as one of the fastest growing businesses in the Twin Cities.

The list of this year's Fast 50 honorees was announced during an awards ceremony on October 25 and published October 26 in the Minneapolis/St. Paul Business Journal. Organizations secured a place on this year's Fast 50 list based on their revenue growth between 2004 and 2006.

"We are honored to be recognized as part of the Fast 50 alongside other highly successful organizations in the Minneapolis/St. Paul area," said Tim Welu, CEO of Paisley. "This award is a tribute to the hard work and tremendous dedication of Paisley employees, as well as to our longstanding relationships with customers."

To qualify for the Fast 50 list, companies must be independently owned and privately held, headquartered in the Twin Cities metro area, experience year-over-year revenue growth for each of the past three completed fiscal years, and have revenue of at least $1 million in the first of the three most recent fiscal years.

About Paisley

Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.

Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

For more information, call 320.286.5870, email or visit

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