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INTCOMEX Selects OpenPages SOX Express for Sarbanes-Oxley Compliance

INTCOMEX Selects OpenPages SOX Express for Sarbanes-Oxley Compliance

WALTHAM, MA -- (MARKET WIRE) -- 12/22/05 -- OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that INTCOMEX, Inc. has selected OpenPages Sarbanes-Oxley Express (SOX Express) for its Sarbanes-Oxley compliance initiatives. INTCOMEX will deploy SOX Express 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.

INTCOMEX, founded in 1989, is a major U.S.-based, value-added distributor of computer components, systems, and networking solutions into Latin America and the Caribbean, with annual sales in excess of $500 million and compounded annual growth rates in excess of 15%. The company has the leading market share in its product categories and services the region from its headquarters and distribution center in Miami, Florida. The Company services its customers both directly from Miami and through its wholly-owned network of 20 in-country sales and distribution operations. This unique in-country presence allows INTCOMEX to offer its customers some of the quickest response times, higher local inventory levels and the broadest product offerings in the industry. The Company's product line includes over 50 of the leading technology manufacturers with Microsoft, Intel, Seagate, Toshiba, Hewlett-Packard, Palm, Sony, Epson and Western Digital to name only a few of these key relationships.

"We selected SOX Express based on its ease of use, flexibility, scalability and future availability in Spanish," said Russell Olson, chief financial officer at INTCOMEX. "OpenPages' solution will allow us to achieve our long term goals of compliance sustainability and process improvement."

OpenPages SOX Express is an enterprise compliance management solution that reduces the time and resource costs associated with ongoing compliance for Sections 302 and 404 of the Sarbanes-Oxley Act. SOX Express 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, SOX Express 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.

For more information on OpenPages' line of enterprise governance, risk and compliance management solutions or to register for a weekly webinar, please call 781-647-3800 or visit www.openpages.com.

About OpenPages

Founded in 1996, OpenPages develops enterprise governance, risk and compliance management (GRCM) solutions that optimize internal controls, reduce risk exposures and empower effective corporate oversight. OpenPages' solutions improve corporate accountability, reduce disclosure process costs, assure organizational performance and increase stakeholder confidence via a unified system of record for every significant process, risk and control throughout the enterprise. The company's portfolio of solutions includes SOX Express, the market-leading enterprise application for automating the compliance requirements of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act, and OPtimum ORM, an enterprise risk management software solution that enables entities to identify, analyze and manage operational risk on an integrated, company-wide basis. The world's largest corporations in diverse markets -- including financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences -- rely on OpenPages for cost-effective, efficient, sustainable governance, risk and compliance management. The company is headquartered in Waltham, Massachusetts, with international headquarters in the United Kingdom and Hong Kong, and regional offices throughout North America.

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

Contacts:
OpenPages
Ed Thomas
OpenPages
781.647.3800, ext. 241
Email Contact

North America
Mike Antonellis
Lois Paul & Partners
781.782.5832
Email Contact

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

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SYS-CON Brazil News Desk 12/24/05 07:31:21 PM EST

OpenPages, the leading provider of enterprisegovernance, risk and compliance management (GRCM) solutions, todayannounced that INTCOMEX, Inc. has selected OpenPages Sarbanes-Oxley Express(SOX Express) for its Sarbanes-Oxleycompliance initiatives. INTCOMEX will deploy SOX Express to automatethe company's ongoing test and review of its internal controlsdocumentation in order to reduce the time and resource costs associatedwith Section 404 and 302compliance.

.NET News Desk 12/24/05 07:01:26 PM EST

OpenPages, the leading provider of enterprisegovernance, risk and compliance management (GRCM) solutions, todayannounced that INTCOMEX, Inc. has selected OpenPages Sarbanes-Oxley Express(SOX Express) for its Sarbanes-Oxleycompliance initiatives. INTCOMEX will deploy SOX Express to automatethe company's ongoing test and review of its internal controlsdocumentation in order to reduce the time and resource costs associatedwith Section 404 and 302compliance.

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