Citizens Communications Selects OpenPages SOX Express for Use in Sarbanes-Oxley Compliance Initiatives.Business Editors/High-Tech Writers WALTHAM, Mass.--(BUSINESS WIRE)--May 4, 2004 Communications Provider to Deploy OpenPages for use in Section 302 and 404 Compliance OpenPages, a leading provider of enterprise compliance management solutions, today announced that Citizens Communications Citizens Communications is the parent company of Frontier Telephone, providing telephone and internet access in 24 states. The company headquarters are located at 3 High Ridge Park in Stamford, Connecticut. (NYSE NYSE See: New York Stock Exchange : CZN) has selected OpenPages Sarbanes-Oxley Express (SOX Express) for use in its Section 302 and 404 compliance initiatives. Citizens Communications provides wireline and CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) communications services to 2.4 million access lines and 120,500 digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) customers in rural areas and small- and medium-sized towns and cities in 23 states. Citizens Communications will use SOX Express as part of its efforts to streamline its internal controls documentation process and enhance the exchange of information regarding business-controls deployment and monitoring. "Citizens was seeking a strong document repository combined with powerful workflow capabilities," said Robert Larson Robert Larson (1942/43 – August 6, 2004) was an activist in neo-druidic organizations. He attended Carleton College in the 1960s, where he became a patriarch of the Reformed Druids of North America. , Citizens' senior vice president and chief accounting officer. "We believe SOX Express will help us facilitate project management and compliance, and its Web-based tools will make the system easy-to-use and maintain. Citizens was especially interested in OpenPages' ability to facilitate ongoing compliance with Sections 302 and 404." About OpenPages' SOX Express OpenPages' SOX Express is an enterprise management solution that reduces the time and resource costs associated with ongoing compliance for Sections 302 and 404. SOX Express is a focused enterprise application that combines powerful document and business process management with flexible reporting capabilities in an extremely easy-to-use environment that enables CEOs, CFOs and financial management officers to enforce internal controls. SOX Express helps corporations automate significant aspects of their internal controls framework to significantly reduce the overall cost of compliance. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls of the company, and eventually to attest to the financial statements. For more information on OpenPages' line of enterprise 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 compliance management solutions that streamline knowledge-intensive processes to improve corporate accountability, reduce disclosure process cost, enhance internal controls management productivity, and increase investor confidence. The company's portfolio of applications includes OpenPages Sarbanes-Oxley Express (SOX), which automates the corporate financial reporting and disclosure compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act See SOX. . OpenPages' solutions are designed to meet the evolving compliance requirements for Global 2000 firms in high growth markets such as financial services, media, energy and power, technology, health services health services Managed care The benefits covered under a health contract , manufacturing and life sciences OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners. |
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