Press Release

AGILIANCE JOINS ORACLE PARTNER NETWORK; AWARD-WINNING IT-GRC SOLUTIONS PROVIDER TO EXHIBIT AT THE SECURITY, RISK AND COMPLIANCE (SRC) PAVILION AT ORACLE OPENWORLD

Combined Offering Will Enable Oracle Customers to Better Manage IT Risk, Accelerate Time-to-Compliance, and Fast-Track the Adoption of Security, Risk and Compliance Best Practices for Oracle Implementations

San Jose, California, November 12, 2007–Agiliance, the leading provider of IT Governance, Risk and Compliance (IT-GRC) solutions, today announced that it has joined the Oracle® PartnerNetwork.   Through this relationship, Agiliance will integrate its award-winning IT-GRC solution to the Oracle Database, Oracle Fusion Middleware, Oracle Enterprise Manager and Oracle Applications such as the Oracle E-Business Suite, to automate IT risk assessments and compliance audits.  Agiliance will be demonstrating the value that its IT-GRC solution delivers to Oracle customers at the Security, Risk and Compliance (SRC) pavilion (Booth 3830) at Oracle OpenWorld, at the Moscone Center in San Francisco on November 11-15, 2007.

“In a business climate of increasing regulatory mandates, organizational complexity and shifting risk factors, the way an organization manages and secures its information assets directly impacts its business performance,” said Dev Ghoshal, Vice President of Business Development and Global Client Services, Agiliance.  “As the world's largest enterprise software company, Oracle is part of the DNA of modern business.  Companies that are more agile, efficient, and proactive in managing the risk and compliance posture of their Oracle systems will have a competitive advantage.”

To satisfy customer demand for solutions that enable and ensure enterprise security and sustainable regulatory compliance, risk management and corporate governance, Oracle is creating a comprehensive ecosystem of partners to deliver solutions and services that meet customer needs.  Agiliance plays a key role in this eco-system by providing Oracle customers with an automated solution for managing IT risk and compliance across the enterprise.  As part of this integration, Agiliance will update its vast policies and controls library with Oracle supplied content such as security guides, configuration checklists, best practices and risk mitigation recommendations, making them available out-of the-box to Oracle customers.  Additionally, Agiliance will be used by Oracle Professional Services and Oracle partners to conduct IT risk assessments of deployed Oracle systems.  By integrating key Oracle systems into Agiliance, customers will increase their ability to manage risk according to changes in the business environment, sustain compliance, and optimize their Oracle systems.

“Agiliance IT-GRC was designed to help companies manage the complexity involved with maintaining the IT elements related to corporate governance, risk and compliance,” said Ghoshal.  “With this relationship, Oracle customers can leverage Agiliance to provide them with an accurate view of the risk and compliance status of their Oracle systems in relation to the rest of their infrastructure, and have a robust solution for implementing the policies and controls required to best manage security, risk and compliance for their business.”

The Security, Risk and Compliance Pavilion (Booth 3830) at Oracle OpenWorld will showcase partner solutions that enable companies to secure their enterprise and ensure sustainable compliance for today's business requirements. Visit the Agiliance kiosk at the Pavilion to learn about the latest trends in security, governance, risk and compliance, and view a demonstration of Agiliance IT-GRC, the first solution that combines a robust common control framework with sophisticated policy management, workflow, and automation to provide internal and external stakeholders with a highly effective, transparent methodology for reducing IT-related risk while increasing operational efficiencies and accelerating time-to-compliance. 

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.

About Agiliance

Agiliance offers the most comprehensive and scalable solution for managing the interdependent disciplines of IT governance, risk, and compliance. Its flagship product, Agiliance IT-GRC, enables businesses to develop a holistic view of their IT risk and compliance posture in order to make better business decisions.  The Agiliance IT-GRC platform is the first solution that combines a robust common control framework with sophisticated policy management, workflow, and automation, providing internal and external stakeholders with a highly effective, transparent methodology for reducing IT-related risk while increasing operational efficiencies and decreasing time to compliance. Founded in 2005, Agiliance is headquartered in San Jose, California, and backed by Walden International, Intel Capital, SVIC, and Red Rock Ventures. For more information, please visit www.agiliance.com.

# # #

All trademarks, trade names, and/or product names are used solely for the purpose of identification and are the property of their respective owners.

Media Contact
Elizabeth Safran
Bottom Line Communications
408-348-1214
lizsafran@gmail.com