SOURCE: OpenPages

May 29, 2007 08:30 ET

Softbank Corp. Selects OpenPages FCM for J-SOX Compliance

WALTHAM, MA--(Marketwire - May 29, 2007) - OpenPages®, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced Softbank Corp. ( has selected OpenPages® FCM(SM) for its J-SOX compliance initiatives. OpenPages FCM was selected by Softbank because of the flexibility, scalability and extensibility of the solution. OpenPages FCM enables Softbank to strengthen controls related to financial reporting compliance and to significantly improve operational performance and efficiency, ensuring better results.

"As a company that is growing at a rapid rate, we have been looking for a solution that not only meets the imminent J-SOX requirements but one that also has the flexibly to address future government regulations and control mandates," said Ms. Kimiwada, General Manager, Internal Controls Department at Softbank. "OpenPages is a comprehensive solution that is very flexible and is best suited to address the multiple regulatory requirements of a large corporation like Softbank."

Softbank Corp. is an integrated digital information services company providing everything from telecommunications infrastructure and platform to service contents. It operates in nine business segments: mobile communications, broadband infrastructure segment, fixed-line telecommunications segment, e-Commerce Segment, internet culture segment, broad media segment, technology services segment, media and marketing segment, overseas funds segment, and other businesses.

A web-based, flexible and configurable solution for financial controls management, 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. Available in five 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.

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, Germany and the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of business governance software, 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.

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