SOURCE: Paisley Consulting

August 23, 2006 09:00 ET

Paisley Consulting Named to 2006 Inc. 500 List as One of the Fastest Growing Private Companies in the U.S.

Company Ranks Among Nation's Most Successful Privately Held Software Firms

COKATO, MN -- (MARKET WIRE) -- August 23, 2006 -- Paisley Consulting, a leading provider of governance, risk and compliance (GRC) solutions, announced that it has been named to the Inc. 500 list for the third time. The list of this year's Inc. 500 honorees was announced on-line today and will be published in the September issue of Inc. magazine.

To be eligible for the 2006 Inc. 500 list, a company must be privately held and show a four-year growth pattern based on no less than $600,000 in net sales in 2002. Paisley Consulting, ranking in the top half of the list, was among only 22 software vendors recognized as one of the fastest growing private companies in the U.S.

The first of Paisley Consulting's three appearances on the list was driven largely by the company's leadership in audit software, with AutoAudit® being the solution of choice of many of the world's leading organizations. The following year, Paisley Consulting was again recognized by the Inc. 500. Paisley Consulting attributed this ongoing growth and momentum to its leading Sarbanes-Oxley compliance solutions, Risk Navigator® and FOCUS®. The company's continued rapid growth is currently driven by strong demand for The Paisley Solution, the industry's only integrated platform for governance, risk and compliance (GRC).

"We are honored to once again be named to the prestigious Inc. 500 list," said Tim Welu, CEO of Paisley Consulting. "Our success is proof of the strong market need for a holistic approach to addressing governance, risk and compliance. We are privileged to have a diverse roster of forward-thinking Global 2000 customers that have shared this vision and have been instrumental to our profitable growth in the past year."

With increasing momentum for its holistic approach to compliance, risk management and audit automation, Paisley Consulting continues to lead the marketplace in product innovation, customer service and market share.

About Paisley Consulting

Founded in 1995, Paisley Consulting is the recognized leader in providing more than 1,250 organizations -- including 35 percent of the Fortune 100 -- with comprehensive and tightly integrated solutions to better identify and reconcile the risks impacting organizations thereby ensuring that evaluations of operational risk are completed quickly, consistently and accurately.

Leveraging industry best practices, a common technology platform and a unified database to facilitate standardized, automated and collaborative processes across the enterprise, Paisley Consulting customers are empowered to improve the accuracy, consistency and efficiency associated with Sarbanes-Oxley compliance, internal audit, general compliance and operational risk management initiatives. Developed for companies of every size and across multiple industries, Paisley Consulting's solutions can be implemented as an integrated whole for maximum value or may be deployed as individual point solutions. Either way, our best-of-value solutions can help you reduce costs and target opportunities for continuous improvement. For more information, call 320.286.5870, email info@paisleyconsulting.com or visit www.paisleyconsulting.com.

Contact Information

  • Press Contact:
    Stacey Billy
    Paisley Consulting
    763.450.4821
    Email Contact