OpenPages to Sponsor Webcast on Why Many Compliance Programs Fall Short

WALTHAM, MA--(Marketwire - August 17, 2009) -

Who: Richard Steinberg, Founder and CEO of Steinberg Governance Advisors
and Compliance Week columnist

Patrick O'Brien, Director of Product Management, OpenPages

What: Webcast: Why Many Compliance Programs Fall Short

Where: To register for this webcast, please visit:
http://video.webcasts.com/events/pmny001/viewer/index.jsp?eventid=31735

When: Thursday, August 20, 2009, 2:00 p.m. EDT

Companies are facing new legal and regulatory requirements almost daily,
and compliance costs are often out of control and unsustainable. While many
companies have basic elements such as codes of conduct and whistleblower
programs in place, simply having these elements is no substitute for a
comprehensive program. For organizations, the cost of non-compliance can
be extraordinarily high, and a well-designed, comprehensive compliance
program provides critical benefits including:

-- Elimination of duplication of efforts

-- Reduction of overall infrastructure and related compliance costs to the
organization

-- Prevention or early detection of compliance failures, reducing exposure
to significant fines, penalties, and legal and settlement costs

-- Consistent and accurate information to senior management and boards of
directors

-- Avoiding damage to corporate reputation and related impact on share
value

A further significant benefit is that an effectively designed and
implemented compliance program can serve as a solid foundation for
effective Enterprise Risk Management.

In this webcast, attendees will learn steps that companies can take toward
achieving an effective compliance program and will also hear specific
examples of how companies have implemented a comprehensive compliance
program and the benefits they are witnessing.

About OpenPages

OpenPages is the leading provider of integrated risk management solutions
for global companies. The OpenPages Governance, Risk and Compliance (GRC)
Platform empowers a risk-based approach to identify and manage key business
risks across the enterprise. This approach enables companies to focus on
what's important and to avoid unexpected outcomes while improving
performance. Founded in 1996, the company is headquartered in Waltham,
Massachusetts, with an international office in the United Kingdom, and
regional offices throughout North America. For more information, please
visit www.openpages.com.

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