SOURCE: OpenPages

June 06, 2005 09:00 ET

Atmel Selects OpenPages SOX Express for Sarbanes-Oxley Compliance

WALTHAM, MA -- (MARKET WIRE) -- June 6, 2005 -- OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that Atmel Corporation (NASDAQ: ATML) has selected OpenPages Sarbanes-Oxley Express (SOX Express) for its Sarbanes-Oxley compliance initiatives. Atmel will deploy SOX Express to automate the company's ongoing test and review of its internal controls documentation in order to reduce the time and resource costs associated with Section 404 and 302 compliance.

Atmel is a worldwide leader in the design and manufacture of microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property portfolios, Atmel is able to provide the electronics industry with complete system solutions. Focused on consumer, industrial, security, communications, computing and automotive markets, Atmel ICs can be found Everywhere You Are(SM).

"OpenPages offers a robust and easy-to-use solution which we intend to fully leverage in our internal controls initiative at Atmel," said Sally Dix, director of internal audit at Atmel. "OpenPages' clear commitment to the success of our solution is highly consistent with our solid commitment to protecting and enhancing shareholder value."

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 of the Sarbanes-Oxley Act. SOX Express 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, SOX Express 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.

For more information on OpenPages' line of enterprise governance, risk and compliance management solutions or to register for a weekly webinar, please call 781-647-3800 or visit www.openpages.com.

About OpenPages

Founded in 1996, OpenPages develops enterprise governance, risk and compliance management (GRCM) solutions that streamline knowledge-intensive processes to improve corporate accountability, reduce disclosure process cost, enhance internal controls management productivity, and increase investor confidence. The company's portfolio of solutions includes Sarbanes-Oxley Express (SOX Express), the market-leading enterprise application for automating the corporate financial reporting and disclosure compliance requirements of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act.

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

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