OPENPAGES NAMED THE SECOND FASTEST GROWING PRIVATE COMPANY BY BOSTON BUSINESS JOURNAL

Waltham, Mass. – 17 April 2007

Award Further Recognizes OpenPages as a “Pacesetter” in the Region

Boston Business Journal announced that OpenPages has ranked #2 in their annual survey of the Fastest Growing Private Companies which recognizes the region’s “Pacesetters” for consistent year-over-year company growth.

Capping off a strong start to the year, the Boston Business Journal award comes on the heels of OpenPages being named a finalist to the Red Herring 100 list which recognizes the 100 most promising companies in the nation who are driving the future of technology.

OpenPages’ President and CEO, Michael J. Duffy, attributes much of the company’s success at the outset to recognizing a need and being the first to market with technology solutions that address an organization’s governance, risk and compliance management challenges. Since launching the company in 2002, OpenPages has expanded its technology offering to include a Governance Platform that enables a company to manage risk throughout their enterprise as well as across a multitude of compliance regulations. In doing so, OpenPages has carved out a leadership position in the GRC market, landing global 2000 customers such as: Kodak, Duke Energy, Viacom, Bristol-Myers Squibb, T-Mobile and Barclays Capital.

“Being ranked second by the Boston Business Journal in a region with so many strong and unique technology companies is a true testament to our employees and to the value that our software solutions provide to our customers,” said Michael J. Duffy, President and CEO of OpenPages. “Ranking second on the fastest growing company list is an amazing accomplishment for our team and one that the entire company can take pride in.”

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