Argosy Gaming Company to Implement Stellent Sarbanes-Oxley Solution.EDEN PRAIRIE Eden Prairie A city of eastern Minnesota, a residential suburb of Minneapolis. Population: 57,300. , Minn. -- Solution will enable Argosy to achieve 'continuous compliance' by automating its manual business processes; provides chief executives with real-time monitoring capabilities Stellent, Inc. (Nasdaq:STEL STEL Short Term Exposure Limit STEL Stellent, Inc. (stock abbreviation, AMEX) STEL Short Time Exposure Limit STEL Standard Telecommunications ), a global provider of content management solutions, announced today that Argosy Gaming Company Argosy Gaming Company NYSE: AGY was an Alton, Illinois based casino operator. History The company began operations in September, 1991 with the opening of the Alton Belle Casino. In 2005, it merged with Penn National Gaming. (NYSE NYSE See: New York Stock Exchange :AGY AGY Agency ), a leading owner and operator of casinos and related entertainment and hotel facilities in the midwestern and southern United States The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive region in the southeastern and south-central United States. , has selected the Stellent(R) Sarbanes-Oxley Solution to support and streamline its processes for complying with the Sarbanes-Oxley Act See SOX. . More than 50 employees in Argosy's finance and compliance department will use the Stellent solution to easily manage and approve documentation related to financial and non-financial disclosures, as well as Section 404 compliance. The product also will enable Argosy to automate the controls and testing processes it manually implemented to meet compliance deadlines in 2004. "The Stellent Sarbanes-Oxley Solution will help us achieve 'continuous compliance' by transitioning the manual project work we completed this year into ongoing, automated business processes," said Craig Robinson, vice president of internal audit for Argosy Gaming Co. "In this way, we can provide our chief executive and chief financial officer with easy-to-use, real-time monitoring capabilities that allow them to access up-to-date information at any point in time to determine the financial health of the company. The Stellent solution's robust and scalable nature means we also can roll it out to other areas of the company as needed as needed prn. See prn order. in the future." In addition to automating Argosy's compliance processes, the Stellent Sarbanes-Oxley Solution will help the company centralize and coordinate the compliance activities of its six operating units located throughout the country. The Stellent system will enable Argosy executives to view complete, consolidated information in real-time rather than manually accessing separate systems to gather data for each operating unit. "As public companies wrap up their first year of Sarbanes-Oxley compliance efforts, many realize it is critical to automate their related processes in order to efficiently and continuously comply with this mandate," said Robert Olson, president and chief executive officer for Stellent. "The Stellent Sarbanes-Oxley Solution allows organizations to easily and quickly accomplish this often challenging feat." Stellent Compliance Solutions Stellent provides content management-based solutions to help companies streamline processes related to complying with a variety of regulations, such as the Patriot Act, Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when (HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, ), ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. , and the Sarbanes-Oxley Act. Stellent's compliance solutions allow companies to efficiently manage and approve content related to financial and non-financial disclosures, as well as documentation associated with an organization's enterprise risk management process. The solutions are based on the award-winning Stellent Universal Content Management system, which offers a full array of content management functionality -- featuring document management, Web content management, digital asset management and imaging -- supported by collaboration, records management and business process management services. For more information about Stellent's compliance solutions, call 1-800-989-8774 or visit www.stellent.com. About Stellent, Inc. Stellent, Inc. (www.stellent.com) is a global provider of content management software solutions that drive rapid success for customers by enabling fast implementations and generating quick, broad user adoption. With Stellent, customers can easily deploy multiple line-of-business applications -- such as Web sites, call centers, dealer extranets, compliance initiatives, accounts payable imaging and claims processing -- and also scale the technology to support enterprise-wide content management needs. Stellent has more than 3,500 customers, including Procter & Gamble, Merrill Lynch, Los Angeles County, The Home Depot, British Red Cross, ING, GlaxoSmithKline, Georgia Pacific, Bayer Corp., Coca-Cola FEMSA, Emerson Process Management and Genzyme Corp. The company is headquartered in Eden Prairie, Minn. and maintains offices throughout the United States, Europe, Asia-Pacific and Latin America. Any forward-looking statements in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties including, without limitation, risks of intellectual property litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , risks in technology development and commercialization, risks in product development and market acceptance of and demand for the Company's products, risks of downturns in economic conditions generally and in the Web content management tools and intranet information management markets specifically, risks associated with competition and competitive pricing pressures, risks associated with foreign sales and higher customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. Stellent and the Stellent logo are registered trademarks or trademarks of Stellent, Inc. in the USA and other countries. Outside In and Quick View Plus are registered trademarks of Stellent Chicago, Inc. in the USA and other countries. All other trade names are the property of their respective owner. |
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