SOURCE: Liquid Machines

March 29, 2005 09:00 ET

Liquid Machines and Microsoft to Co-Host Corporate Governance and Sarbanes-Oxley Seminars

Seminars to Discuss How Enterprise Rights Management Helps Organizations Control Information as Required by Sarbanes-Oxley and Corporate Governance Statutes

WALTHAM, MA -- (MARKET WIRE) -- March 29, 2005 -- Liquid Machines, the leading provider of Enterprise Rights Management (ERM) solutions, today announced its participation in a number of upcoming Corporate Governance & Sarbanes-Oxley Best Practice seminars with Microsoft. Representatives from Microsoft and Liquid Machines will be joined by Nick Akerman, a partner and co-chair of the Computer Fraud & Abuse group at Dorsey and Whitney, to discuss how Enterprise Rights Management solutions can help organizations get and stay compliant with the Sarbanes-Oxley Act and other corporate governance regulations.

The effects of the Sarbanes-Oxley Act reach beyond safeguarding the financial reporting process to improving corporate governance. The New York Stock Exchange issued corporate governance rules in November 2004 that mandate information controls to ensure confidential information remains confidential, protect intellectual property, and comply with regulations. In addition, the lack of controls can create material events when intellectual property is stolen or regulations are violated.

"Protecting company information is no longer an option, it is required by law. In order to meet today's corporate governance standards, organizations must ensure information is used appropriately and be in a position to prove theft," said Nick Akerman, a Partner and Co-Chair of the Computer Fraud & Abuse group at Dorsey and Whitney. "Identifying and eliminating computer fraud is necessary for companies to reduce the risk and impact of material events."

"We have received positive feedback from our customers regarding Liquid Machines' solutions and we hope these seminars provide a forum for learning more about leveraging technology to address these issues," said Jamie Harper, Business & Marketing Officer at Microsoft.

The Liquid Machines and Microsoft Corporate Governance Seminar Series begins April 1 in Tampa, Florida. If you are interested in attending this seminar or a seminar in your area, send an email with "Liquid Machines - Microsoft SOX Seminar" in the subject line to info@liquidmachines.com. Please include your name, company and email address.

"We are pleased to be working with Microsoft to educate customers about how Enterprise Rights Management helps companies meet regulatory guidelines and protect intellectual property," said Ed Gaudet, Vice President of Product Management and Marketing at Liquid Machines.

About Microsoft

Founded in 1975, Microsoft (NASDAQ: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

About Liquid Machines

Liquid Machines is the leading provider of Enterprise Rights Management (ERM) solutions that persistently protect critical business content and audit usage while enabling collaboration. Liquid Machines' Document Control and Email Control solutions allow companies in the consulting, financial services, government, manufacturing, and healthcare industries to share information securely, within any application, wherever it goes, throughout its lifecycle. Liquid Machines ERM solutions help enterprises satisfy today's ever-increasing information security regulations such as Sarbanes-Oxley, NASD 2711, HIPAA and others, as well as implement and practice internal mandates for intellectual property security, product version control, or clinical data protection.

Based in Waltham, Massachusetts, Liquid Machines is privately held and is backed by Atlas Venture, Masthead Venture Partners, and Draper Fisher Jurvetson. For more information on the company and our vision, The Freedom of Security™, visit us at www.liquidmachines.com.

© 2005 Liquid Machines, Inc. All rights reserved. Liquid Machines, Enabling Secure Business, The Freedom of Security, Policy Droplet, Omniva, and the Liquid Machines logo are trademarks or registered trademarks of Liquid Machines, Inc. The BlackBerry and RIM families of related marks, images, and symbols are the exclusive properties and trademarks of Research In Motion Limited. Product or company names mentioned herein may be the trademarks of their respective owners. The information contained in this document represents the current view of Liquid Machines, Inc. on the issues discussed as of the date of publication.

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