The Stosch Group LLC, Announces Strategic Alliance with OpenPages, Inc.

Business Editors/High-Tech Writers

RICHMOND, Va.--(BUSINESS WIRE)--Aug. 18, 2003

The Stosch Group LLC, a member of the Board Compliance Network(R), announced today that they will enter into a strategic alliance with OpenPages, Inc., a leading provider of corporate compliance solutions as part of their TruePartner Program to better serve Corporate Boards across the country as they face the challenging issue of complying to the Sarbanes-Oxley Act of 2002 ("The Act").

"Sarbanes-Oxley Express by OpenPages is an ideal solution to the 302 disclosure and 404 internal controls demands placed on companies by 'The Act.' While these requirements must be fully implemented in 2004, we advise all our clients to be proactive and get started today to employ this exceptional enterprise level software and technology from OpenPages," said Walter Stosch, CPA and co-founder of The Stosch Group LLC.

OpenPages TruePartners alliance program is for professional services, consulting and systems integration companies that serve the corporate governance marketplace. The program allows leading technology and solutions provider firms to leverage OpenPages 4.0 OpenServices platform to empower complex enterprises to improve the way they produce and deliver information across multiple channels.

"Our vision of a comprehensive corporate governance solution set includes Sarbanes-Oxley 404/302 compliance, but extends from the Board Room to the broadest levels of Enterprise Risk Management," said Michael Duffy, CEO of OpenPages, Inc. "The Board Compliance Network(R) is a key partner in delivering the solutions and expertise that will make that integrated vision a reality. We're delighted to be affiliated with such a capable organization."

The Board Compliance Network(R) is a Sarbanes-Oxley and corporate governance sustaining resource for boards of directors and audit committees. Key members include The Stosch Group, LLC including independent Audit Committee Financial Experts; Corporate Board Executive Search, a board member executive search firm; The Network, an anonymous reporting mechanism firm; The University of Richmond Board of Directors College; Stosch, Dacey & George, forensic accounting experts; and now OpenPages 302 disclosure and 404 internal controls software solutions.

OpenPages provides applications that streamline knowledge-intensive processes to reduce cost, increase customer satisfaction, and improve corporate accountability. OpenPages corporate governance and risk management solutions combine application functionality with OpenPages' OP4 Server, a foundation architecture merging collaboration, workflow, information management, and mutli-format publishing. Founded in 1996, OpenPages Inc. is a privately held company serving over 80 customers and partners with investors from leading high technology venture capital firms including Matrix Partners, Sigma Partners, Goldman Sachs, Globespan Venture Partners, and North Hill Ventures. OpenPages is headquartered in Westford, Massachusetts.

For more information on either of these compliance providers visit www.boardcompliance.com or www.openpages.com.