80-20 Software Announces Release of Leaders 4.5

Delivers continued innovation to facilitate the integration and sustainable management of governance, risk and compliance business processes

June 18, 2007 (Melbourne) – 80-20 Software, a leading innovator in corporate governance, risk management and compliance (GRC) software solutions today announced the release of Leaders4.5, the latest version of the company’s industry recognized integrated GRC solution.

Building upon existing capabilities, Leaders4.5 provides unmatched breadth of functionality to enable the integration and sustainable management of critical GRC business processes including; risk management, financial controls management, compliance certification and control self-assessment, incident management and board information management.

By providing a platform that enables implementation of an enterprise wide approach to GRC, Leaders4.5 allows organizations to leverage the inherent interdependencies of GRC processes, eliminate the duplications and complexities that arise from employing disparate processes and IT systems and reduce the ongoing management cost and administrative burden of GRC.

The product of close collaboration between 80-20, its key strategic clients and Big 4 consulting partners, Leaders4.5 provides advanced capabilities specifically for:

• Risk Management Reporting - the new reporting interface enables instant production of up to date risk reports along all key dimensions in intuitive formats suitable for the Board. Heat maps, control and action matrices, trend reports and summary charts of risk position, incidents and control treatments can all be produced at the click of a button. Advanced slice and dice and drill down capabilities enable risk managers to focus in on the key risk issues and areas of concern.
• Incident Management – enhanced capabilities and workflow for the capture, classification, remediation action management and reporting around risk incidents, complaints, compliance breaches, loss events and investigations. Incident information is shared with those completing risk reviews and compliance certifications.

“Increasingly complex business risk profiles are driving greater demand by Boards for advanced reporting on the key risks facing the business and how they are being treated” said Mark Ross, Executive Chairman of 80-20 Software. “We have invested significantly to ensure Leaders4.5 provides our clients with the most advanced and flexible in-built risk reporting capability of any GRC software solution”.

Clients in the financial services sector have indicated the incident management product enhancements of Leaders4.5 will be particularly beneficial.

“With procedures for the reporting of compliance breaches and handling of customer complaints closely monitored by regulators it is essential for financial services institutions to have robust systems in place” commented Ross “Leaders4.5 enables complaints and incidents to be easily recorded by anyone within an organization, drives efficient handling and remediation and ensures that breaches can be reported to regulators in a timely fashion”.

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 across the USA, Australia, New Zealand, UK and Europe, 80-20 Software’s customers include a significant percentage of Australia and New Zealand’s largest public and private organizations and a growing list of large US, UK and European based entities. For more information, please visit www.80-20.com.

Media Contact:

Michael Douglas
80-20 Software
+61 3 9522 5000
+1 425 739 6767
press@80-20.com