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Press Release

Brabeion Software Wins Network Products Guide Reader Trust Award for Best in IT Governance, Risk and Compliance Software Platform

Brabeion Software Selected a 2008 Best Products and Services Winner In IT GRC

RESTON, VA — August 5, 2008 — Brabeion Software announced today that Network Products Guide, a Silicon Valley Communications publication and a world leading publication on technologies and solutions has named Brabeion's IT Governance, Risk and Compliance solution a winner of the 2008 Best Products and Services Award. This respected annual award honors products and services that represent the rapidly changing needs and interests of the end-users of technology worldwide. As part of the tech-industry's leading global awards program, this year's Best Products and Services were nominated from all over the world.

Brabeion Software is the only company to provide a complete IT GRC management software solution and has gained public recognition as a leader over the past year by Fortune 500 companies and industry analysts. The Brabeion IT GRC Management Suite manages policies, automates IT control monitoring and measures what actually occurs against what business policies, internal governance, and regulatory sources demand.

"Increased end-user awareness and ongoing advances in technology are helping shape better products and services." says Rake Narang, editor-in-chief, Network Products Guide. "Brabeion's IT GRC product is bringing dramatic improvements in policy, risk and compliance management for organizations by automating key processes of IT GRC programs."

"These awards go to the best technology products every year and we are honored that Brabeion has gained the Network Products Guide Reader Trust, said Julian Waits, president and CEO for Brabeion Software. "Brabeion is committed to continuing to drive the industry vision for IT GRC by delivering innovative, value-driven products and services for our customers."

About Network Products Guide Awards

Network Products Guide, published from the heart of Silicon Valley, is a leading provider of products, technologies and vendor related research and analysis. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com.

About Brabeion Software

Brabeion, the leading software provider in IT Governance, Risk and Compliance, helps organizations achieve and sustain compliance, optimally manage risks and demonstrate governance through full policy, procedure and controls lifecycle management and measurement with automatic testing and analysis of relevant people, process and technology controls. Brabeion's suite for IT Governance, Risk and Compliance is the first solution to provide the ability to trace impacts of risk and compliance states from business and legislative requirements, through policy and implementation procedures to controls with automated audits and assessments.

Press inquiries:
Yo Delmar, Brabeion Software, tel: 866 710 8118; email: yo.delmar@brabeion.com or Leslie Kesselring, Kesselring Communications, LLC tel: 503 358 1012; email leslie@kesselring.net

Sidebar: Webcasts

Brabeion and PricewaterhouseCoopers:
Overcoming PCI Challenges

Is your organization struggling to meet PCI requirements and deadlines? Is the fear of potential fines making it difficult to run and maintain a successful program?

View Recorded Webcast »


Brabeion and Forrester Research:
Critical Steps to Automating your IT GRC Programs

The crucial need to effectively manage and mitigate increasing IT risks - coupled with the rise in government-mandated and industry-specific regulations, demand that organizations unify their governance, security, risk and compliance silos to provide a holistic view of the IT environment.

View Recorded Webcast »


OCEG and Brabeion Webinar:
Controls Based Risk Management:
From Auditable Policy to Understanding Risk

A unique approach for risk calculation utilizing a "component-based" method leveraging three pieces of information - Requirement, Standard and Control. Get a new understanding of risks from a compliance and controls perspective, enabling fuller visibility into business impacts and decision making.

View Recorded Webcast »


Rolling with the Changes:
Managing Compliance in a Continuously Evolving Industry

Financial Services companies face many obstacles due to the regulations and requirements they have to face. Learn how leading commercial and consumer finance company, CIT, has evolved their compliance programs.

View Recorded Webcast »


Brabeion in Enterprise:

Featuring: Chevron-Texaco, Brabeion, and Forrester Research analyst Michael Rasmussen. Learn how to efficiently and effectively identify controls to achieve compliance with GLBA, PCI, FFIEC, SOX and HIPAA.

View Recorded Webcast »