SOURCE: Paisley

May 01, 2007 09:00 ET

ATMI Chooses Paisley GRC on Demand™ for Governance, Risk and Compliance

MINNEAPOLIS, MN -- (MARKET WIRE) -- May 1, 2007 --Paisley, the leading provider of governance, risk and compliance (GRC) software solutions, today announced that ATMI has chosen GRC on Demand™ to manage its governance, risk and compliance initiatives. Paisley was selected, among other reasons, because of its proven market leadership, vision and ability to deliver. Paisley GRC on Demand will not only enable ATMI to automate processes and reduce the time and costs associated with Sarbanes-Oxley compliance, but also to facilitate an expanding internal audit function.

ATMI, as The Source of Semiconductor Process Efficiency, is a leading supplier of specialty materials and high-purity materials handling and delivery solutions designed to reduce development cycle times, lower development costs, speed time to market and lower overall cost of ownership for the world's leading semiconductor manufacturers.

"GRC on Demand includes the functionality we were looking for and the capabilities to automate and manage our GRC efforts in a single, unified, scalable solution," said Corey Whiteside, ATMI's Director of Internal Audit. "We are confident that GRC on Demand will be instrumental in improving the efficiency of our Sarbanes-Oxley compliance and broader audit efforts, and in the longer term, the quality and efficiency of governance, risk and compliance processes across the organization."

Based on the cost-effective Software as a Service (SaaS) delivery model, GRC on Demand includes purpose-built functionality for financial controls management, audit management, operational risk management (ORM), enterprise risk management (ERM), IT governance and compliance -- all in a single integrated platform. The product's integrated approach enables businesses to easily manage multiple GRC requirements from one solution for greater efficiency and effectiveness.

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.

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