80-20 Software Positioned in the Visionaries Quadrant in the 2007 Financial GRCM Software Magic Quadrant

Evaluation Based on Completeness of Vision and Ability to Execute

February 7, 2007 (Melbourne) — 80-20 Software, the global leader in enterprise governance, risk and compliance (GRC) management solutions today announced it has been positioned by Gartner, Inc. in the visionaries quadrant of the "Magic Quadrant for Financial Governance, Risk and Compliance Management (GRCM) Software, 2007"¹.

According to the Gartner report, “visionaries” in this segment have a “solid understanding of the market as demonstrated by domain expertise and responsiveness to their customer’s expectations. They are actively executing against an aggressive product roadmap that expands support to additional regulatory and non-regulatory compliance needs”.

“We consider our positioning in the visionaries quadrant by Gartner further confirmation of our vision, direction, and success in providing world’s-best governance, risk and compliance management solutions,” said Mark Ross, Executive Chairman of 80-20 Software. “It is gratifying to be, in our opinion, recognized for our commitment to innovation in developing extensible software solutions that address the spectrum of GRC challenges, including SOX and financial controls, regulatory compliance, IT governance, policy management and operational risk management”.

The evaluation by Gartner comes at a time when 80-20 Software is experiencing accelerating growth in demand for its integrated GRC solution, Leaders4. With over 70 customers across the United States, Australasia and Europe and aggressive growth targets in place for the remainder of 2007, 80-20 Software’s momentum in the market is strong.

About 80-20 Software:
Founded in 1997, 80-20 Software is the leading global provider of governance, risk and compliance (GRC) management software solutions. Recognized as ‘visionary’ by leading independent analysts, 80-20’s Leaders4 solution supports Sarbanes-Oxley, COSO, Basel II, COBIT, MiFID, AS/NZ 4360 and key regulations, standards and codes in areas including finance, energy, health and safety, human resources, anti-money laundering, anti-terrorism, privacy and records management. Leaders4 provides organizations with one automated tool for integrating all dimensions of their GRC programs, helping eliminate fragmented management silos and enabling organizations to reduce risk and drive down the ongoing cost and resources involved in managing GRC initiatives. With offices in the USA and Australia, 80-20 Software’s customers include a significant percentage of Australia’s largest public and private organizations and a growing list of large US based entities. For more information, please visit www.80-20.com.

Media Contact:

Michael Douglas
80-20 Software Pty. Ltd.
+61 3 9866 8755
+1 425 739 6767
press@80-20.com

¹Gartner Magic Quadrant for Financial Governance, Risk and Compliance Management Software, 2007” French Caldwell & Tom Eid, February 1, 2007

The Magic Quadrant is copyrighted February 2007 by Gartner Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.