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MICROS Systems Selects OpenPages SOX Express for Sarbanes-Oxley Compliance; Powerful Workflow, Sub-Certification Capabilities Key to Selection.

Business Editors/High-Tech Writers

WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 6, 2004

OpenPages, a leading provider of enterprise compliance management solutions, today announced that MICROS Systems (Nasdaq: MCRS), one of the world's leading developers of enterprise applications serving the hospitality and retail industries, has selected OpenPages Sarbanes-Oxley (SOX) Express for its Section 302 and 404 compliance initiatives.

Headquartered in Columbia, Maryland, MICROS Systems develops point-of-sale systems, central reservation systems, and other hardware and management software for restaurants, hotels, casinos, and the retail industry. Installed in more than 150,000 venues worldwide, MICROS's products include touch-screen systems that restaurant and retail employees use to input orders and bill customers, and systems that keep track of inventory and enable management to analyze demand. Also, MICROS delivers systems that track inventory and reservations for the hotel industry. With SOX Express, MICROS will streamline its internal controls documentation process across all of its worldwide divisions. It will improve the exchange of information within the organization with respect to MICROS's ongoing business controls deployment and monitoring, resulting in reduction of compliance costs.

"MICROS selected OpenPages to help us achieve Sarbanes-Oxley compliance across all of our 60 divisions around the world," said Gary Kaufman, Chief Financial Officer of MICROS Systems. "With its workflow and survey capabilities, SOX Express gives us the ability to transmit and modify our documentation while enabling a certification process that begins at the business unit level and quickly rolls up into a management report for final attestation."

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 MICROS Systems

MICROS Systems, Inc. provides enterprise applications for the hospitality and retail industries worldwide. Over 150,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, leisure and entertainment, and retail operations in more than 130 countries. In addition, MICROS provides property management systems, central reservation and customer information solutions under the brand MICROS-Fidelio for more than 15,000 hotels worldwide, as well as point-of-sale and loss prevention products through it's subsidiary Datavantage for more than 50,000 specialty retail stores worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS.

For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contact Louise Casamento, Director of Marketing at (443) 285-8144 or (800) 638-0985. You can also visit the MICROS website at www.micros.com or send an email to info@micros.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 of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act.

OpenPages' solutions are designed to meet the evolving compliance requirements for Global 1000 firms in high growth markets such as financial services, media, energy and power, technology, health services, and life sciences.

OpenPages are trademarks of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 6, 2004
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