Independent Research Firm Positioned BWise in Leaders Quadrant for Enterprise Governance, Risk and Compliance Platforms

NEW YORK, NY and 'S-HERTOGENBOSCH, NETHERLANDS--(Marketwire - August 17, 2009) - BWise, a
leading provider of Governance, Risk and Compliance (GRC) Management
software solutions, today announced that it was positioned in the Leaders Quadrant for
Enterprise Governance, Risk and Compliance (GRC) Platforms in Gartner's
August 2009 report by French Caldwell, Tom Eid and Carsten Casper.
According to the report, "The market for EGRC Platforms is shifting from a
focus on regulatory compliance to a focus on enterprise risk management."
Thirteen select companies were positioned in the report and were evaluated
on "Completeness of Vision" and "Ability to Execute."

Quote from the report

According to the report, "Customers will be looking for leaders to provide
additional functionality such as support for ERM,
integration with advanced business intelligence and corporate performance
management applications, more-flexible and ad hoc reporting, and more
support for the internal audit organization. They will also expect support
across multiple geographies."

BWise recognized as a Leader

"We are very proud and honored to be recognized in the leaders quadrant.
BWise has always and will continue to work hard to deliver innovative and
compelling internal control, risk management, (IT) governance management
solutions that bring real value to our customers," said Luc Brandts, CTO of
BWise. "We believe our placement in the leaders quadrant highlights the
success of our recent innovations, like continuous control monitoring
and soft
controls testing, as well as our vision to provide a broad and
comprehensive integrated enterprise governance, risk and compliance
platform."

Innovative and responsive

Robert Pijselman, CEO of BWise, said, "We believe being recognized by
Gartner as a leader, is a reflection of our dedication to make our
customers 'in control' in the most effective and efficient way on the GRC
challenges they face on a day to day basis. BWise has customers from all
over the world, and in virtually every industry. Providing a strong GRC
platform to such a wide variety of clients has only made BWise more
innovative and responsive to their needs. From my perspective, being
recognized by Gartner substantiates all the efforts that BWise and its
employees have made." More information: http://www.bwise.com.

About the Magic Quadrant

The Magic Quadrant is copyrighted August 12, 2009 by Gartner, Inc. and is
reused with permission. The Magic Quadrant is a graphical representation of
a marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool, and is
not meant to be a specific guide to action. Gartner disclaims all
warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.

Gartner Research "Magic Quadrant for Enterprise Governance, Risk and
Compliance Platforms" by French Caldwell and Carsten Casper, 12 August,
2009.

About BWise:

BWise is the global leader in Governance, Risk and Compliance (GRC)
management software, with a strong heritage in business process management.
Established in 1994, BWise delivers proven solutions to help organizations
become 'in control' by increasing corporate accountability; strengthening
financial, strategic and operational efficiencies; and maximizing
performance and ROI.

With hundreds of customers in more than 80 countries worldwide in virtually
all markets, BWise has developed a strong and sustainable presence in the
GRC industry. Utilizing templates and a best-practice implementation
approach, BWise enables stakeholders to measure and manage risks and to
comply with rules and legislation throughout their organization. Our
customers are managing multiple risk-related and compliance initiatives
such as Sarbanes-Oxley, Bill 198, Solvency II, Basel II, MiFID, PCI, GLBA,
and others. BWise has offices in the Netherlands, United States, United
Kingdom, and Germany.