SOURCE: OpenPages

April 11, 2006 09:30 ET

OpenPages Opens Office in France

Company Expands Scope of Global Operations to Address Growing European Market for Governance, Risk and Compliance Management Solutions

WALTHAM, MA -- (MARKET WIRE) -- April 11, 2006 -- OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced the formal opening of its office in France. Based in Paris, OpenPages' newest office expands the company's direct presence in Europe to meet the growing demand for business governance solutions in France, Benelux and Southern Europe.

OpenPages' 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. By establishing an office in France, OpenPages further extends its ability to help companies:

--  Achieve and sustain financial controls compliance across multiple
    regulations, including the Sarbanes-Oxley Act and La Loi de Sécurité
    Financière (LSF);
--  Manage risk across the entire business; and,
--  Ensure performance meets strategic objectives.
"As the global regulatory environment continues to evolve, our presence in France will help even more organizations address the many challenges associated with financial controls management, operational risk management and IT governance," said Michael J. Duffy, president and CEO of OpenPages. "We look forward to extending our leading domain expertise, strong technology platform and commitment to customer success to organizations across France and Europe."

The Paris office will be managed by Mr. Stephane Berlot, who brings more than 13 years of sales experience to OpenPages. Previous to OpenPages, Berlot served as director of international accounts at Hyperion Solutions Corporation, where he closed major deals with AXA, Groupama, Total, L'Oréal and Crédit Agricole. As Regional Manager for OpenPages, Berlot will spearhead efforts to serve OpenPages customers in France and work to establish partnerships with software and consulting organizations that complement OpenPages' domain expertise in the areas of operational risk management and IT governance.

OpenPages France office is located at 19 Boulevard Malesherbes, in Paris, France. OpenPages also has international offices in the United Kingdom, Japan and Hong Kong.

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 SOX Express, the market-leading enterprise application for automating the compliance requirements of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act, and OpenPages ORM, an enterprise risk management software solution that enables entities to identify, analyze and manage operational risk on an integrated, company-wide basis.

The world's largest corporations in diverse markets -- including financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences -- rely on OpenPages for cost-effective, efficient, sustainable governance, risk and compliance management. The company is headquartered in Waltham, Massachusetts, with international headquarters in the United Kingdom and Hong Kong, and regional offices throughout North America.

For more information on OpenPages' line of enterprise governance, risk and compliance management solutions or to register for an online demonstration, please call 781-693-5999 or visit

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

Contact Information

    Kara Armit
    781.647.3800, ext. 267
    Email Contact

    North America
    Alicia Libucha
    Lois Paul & Partners
    Email Contact

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