SOURCE: OpenPages

July 31, 2006 12:11 ET

PCCW Limited Selects OpenPages FCM for Sarbanes-Oxley Compliance

WALTHAM, MA -- (MARKET WIRE) -- July 31, 2006 --OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that PCCW Limited has selected OpenPages FCM for its Sarbanes-Oxley compliance initiatives. OpenPages FCM will allow the company 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.

OpenPages FCM is an enterprise financial controls management solution that reduces the time and resource costs associated with ongoing compliance with financial reporting regulations. Available in six languages, OpenPages FCM 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, OpenPages FCM 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.

About PCCW Limited

PCCW Limited (HKSE: 0008) (NYSE: PCW) is the premier telecommunications provider in Hong Kong and a leader in Information and Communications Technologies in Asia. While expanding opportunities in mainland China in partnership with China Network Communications Group Corporation, PCCW continues to enhance Hong Kong's role as a regional center of technological excellence through innovative services in new generation fixed-line and mobile telephony, broadband, information technology, wireless communications, and IPTV (through its successful now TV network operated by PCCW subsidiary PCCW Media Limited). Internationally, PCCW is proceeding with the phased rollout of a sophisticated wireless broadband network in the United Kingdom. PCCW also provides cutting-edge technical services to network operators worldwide. PCCW subsidiary Pacific Century Premium Developments Limited is engaged in property development.

To learn more about PCCW, go to www.pccw.com.

About OpenPages

OpenPages is the leading provider of governance, risk and compliance management software solutions. The company's 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.

Market-leading corporations in financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences rely on OpenPages to help them achieve sustainable governance, risk and compliance management -- enabling them to become well-governed businesses. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Hong Kong, Japan, France and the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of business governance software solutions or to register for an online demonstration, please call 781-693-5999 or visit www.openpages.com.

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

Contact Information

  • CONTACTS:

    North America
    Kara Armit
    OpenPages
    781.647.3800, ext. 267
    Email Contact

    Asia
    Derek Titterington
    OpenPages
    +81 3 5403 4700
    Email Contact

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