Agiliance Launches RiskVision.

RiskVision 4.0 Helps Businesses Cut Costs, Prepare for New Wave of Compliance and Better Manage Risk

SAN JOSE, Calif. -- Agiliance, a market proven provider of Governance, Risk and Compliance (GRC) software solutions for IT, today announced the availability of RiskVision(TM) 4.0 to help companies thrive in the face of increased pressures to cut IT budgets and meet growing compliance demands while successfully managing risk. With the release of RiskVision 4.0 (which builds upon Agiliance IT-GRC 3.0), Agiliance is extending its lead in offering advanced compliance automation and next generation risk management capabilities to help companies entering a new era of GRC challenges operate at their highest level of performance while keeping pace with expanding risk and compliance requirements.

"More than ever, businesses are faced with a seemingly impossible set of risk and compliance requirements," said Pravin Kothari, Agiliance Founder and Chief Technology Officer. "By leveraging the power of Agiliance RiskVision, businesses can immediately cut compliance costs while improving oversight of risk management initiatives to ensure their business will not only weather current economic storms but also stay competitive in the face of growing regulations and impending risk threats."

Available today, Agiliance RiskVision is the only product on the market with the expert technology required to automatically aggregate and correlate data and compliance controls across systems, people and processes. It provides out-of-the-box compliance capabilities and serves as a single authoritative source of IT risk. RiskVision supports a proactive approach to risk management that helps companies gain visibility into IT risks so they can reliably mitigate and report on their organization's overall risk exposure and stay ahead of impending threats and potential risk disasters.

"In times of crisis and down economies, opportunistic attackers try to take advantage of the situation - therefore incident and risk management becomes even more critical for government agencies to insure business continuity and public trust," said Fred Sargeson, General Manager, NIC Arizona Information Division. "Agiliance is one of the solutions we use in Arizona as part of our overall effort to take an "always on", proactive stance to security and risk so that we can stay ahead of evolving threats and preserve confidence in government services."

Agiliance RiskVision arms companies with a cost-effective, repeatable and continuous process for IT risk and compliance management that provides the accurate intelligence and analytics required to ensure informed business risk decisions are made with ease and confidence. Enhancements to the product were specifically designed to address the perfect storm of pressures today's companies are facing.

* Cut IT compliance costs and prepare for new regulation: features superior automation capabilities to help ease compliance burden and lower cost of compliance and internal audits by as much as 70% to 80%

* Provide lower total cost of ownership (TCO) and higher return on investment (ROI): includes more connections to network and information security infrastructure and advanced tools to optimize and measure risk and compliance programs

* Get started quickly and ensure ease of use: employs policy management breakthroughs, quick-start applications, executive dashboards and cutting-edge wizards

* Facilitate better alignment between IT security and business units: uses roles-based views so risks can be effectively communicated across the organization

* Stay ahead of threats and avoid the next risk disaster: utilizes advanced risk modeling capabilities and "what if" scenarios to help businesses proactively assess the impact of risk mitigation decisions before costly actions are taken

"Crises, like the recent meltdown of Wall Street, emerge in part because executives either don't understand or don't care about their risks, and risk managers don't know how to help them understand where they may be seriously exposed," said Scott Crawford, Research Director, Enterprise Management Associates. "Compliance automation and risk intelligence offer some of the key capabilities companies need, not only to better apply their security and risk investments, but to provide decision makers with the current and accurate information they need to better understand how IT risk affects their entire organization."

For more information about Agiliance RiskVision 4.0, please visit

http://www.agiliance.com/products/overview.html.

About Agiliance

Agiliance offers highly-automated IT risk and compliance management software solutions designed to help organizations thrive in the face of mounting pressures to manage and balance risk, compliance and IT budgets. By leveraging the power of Agiliance software, global 2000 businesses in the financial, healthcare, energy, government and technology markets are making impressive gains in their IT risk and compliance efforts - including reduced audit burden, increased visibility into current compliance and risk status, and improved leverage of IT resources. Agiliance is headquartered in San Jose, California and is backed by Walden International, Intel Capital, SVIC, Red Rock Ventures and Castile Ventures. For more information, please visit www.agiliance.com.