Independent Research Firm Positioned BWise in Leaders Quadrant for Enterprise Governance, Risk and Compliance Platforms

NEW YORK, NY and 'S-HERTOGENBOSCH, NETHERLANDS, Aug 17
(MARKET WIRE) --
BWise, a leading provider of Governance, Risk and Compliance (GRC)
Management software solutions, today announced that it was positioned in
the Leaders Quadrant for Enterprise Governance, Risk and Compliance (GRC)
Platforms in Gartner's August 2009 report by French Caldwell, Tom Eid and
Carsten Casper. According to the report, "The market for EGRC Platforms
is shifting from a focus on regulatory compliance to a focus on
enterprise risk management." Thirteen select companies were positioned in
the report and were evaluated on "Completeness of Vision" and "Ability to
Execute."

Quote from the report

According to the report, "Customers will be looking for leaders to provide
additional functionality such as support for ERM, integration with
advanced business intelligence and corporate performance management
applications, more-flexible and ad hoc reporting, and more support for
the internal audit organization. They will also expect support across
multiple geographies."

BWise recognized as a Leader

"We are very proud and honored to be recognized in the leaders quadrant.
BWise has always and will continue to work hard to deliver innovative and
compelling internal control, risk management, (IT) governance management
solutions that bring real value to our customers," said Luc Brandts, CTO
of BWise. "We believe our placement in the leaders quadrant highlights the
success of our recent innovations, like continuous control monitoring and
soft controls testing, as well as our vision to provide a broad and
comprehensive integrated enterprise governance, risk and compliance
platform."

Innovative and responsive

Robert Pijselman, CEO of BWise, said, "We believe being recognized by
Gartner as a leader, is a reflection of our dedication to make our
customers 'in control' in the most effective and efficient way on the GRC
challenges they face on a day to day basis. BWise has customers from all
over the world, and in virtually every industry. Providing a strong GRC
platform to such a wide variety of clients has only made BWise more
innovative and responsive to their needs. From my perspective, being
recognized by Gartner substantiates all the efforts that BWise and its
employees have made." More information: http://www.bwise.com.

About the Magic Quadrant

The Magic Quadrant is copyrighted August 12, 2009 by Gartner, Inc. and is
reused with permission. The Magic Quadrant is a graphical representation
of a marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool, and is
not meant to be a specific guide to action. Gartner disclaims all
warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.

Gartner Research "Magic Quadrant for Enterprise Governance, Risk and
Compliance Platforms" by French Caldwell and Carsten Casper, 12 August,
2009.

About BWise:

BWise is the global leader in Governance, Risk and Compliance (GRC)
management software, with a strong heritage in business process
management. Established in 1994, BWise delivers proven solutions to help
organizations become 'in control' by increasing corporate accountability;
strengthening financial, strategic and operational efficiencies; and
maximizing performance and ROI.

With hundreds of customers in more than 80 countries worldwide in
virtually all markets, BWise has developed a strong and sustainable
presence in the GRC industry. Utilizing templates and a best-practice
implementation approach, BWise enables stakeholders to measure and manage
risks and to comply with rules and legislation throughout their
organization. Our customers are managing multiple risk-related and
compliance initiatives such as Sarbanes-Oxley, Bill 198, Solvency II,
Basel II, MiFID, PCI, GLBA, and others. BWise has offices in the
Netherlands, United States, United Kingdom, and Germany.

Contact:
BWise
Gregg Turek
Marketing Manager
Email: Email Contact
Office: (212) 584-2260
www.bwise.com

Media Contacts:
BWise
Clarinda Dobbelaar
VP of Marketing
Email: Email Contact
Office: +31 (0)73 6464915
www.bwise.com

Copyright 2009, Market Wire, All rights reserved.

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