Prodiance Captures Global Market for Spreadsheet Risk Management with Deployments in 15 Countries Across 5 Continents

Pleasanton, CA - 24 August 2009

Prodiance Corporation, a leading provider of Governance, Risk and Compliance (GRC) software solutions, today announced that it has reached a major milestone in customer adoption by successfully deploying the Prodiance Enterprise Spreadsheet Manager system to leading organizations in 15 different countries and territories across 5 continents, including: Australia, Brazil, Canada, Cayman Islands, China, Denmark, France, Germany, Greece, India, Ireland, Japan, Poland, the United Kingdom, and the United States. With several global deployments underway, the number of countries will increase significantly as more users go live in the coming months.

"We very proud of this significant milestone in our growth, and are now in a clear leadership position in terms of global adoption" said Dr. Soheil Saadat, president and CEO of Prodiance Corporation.

"Organizations across a wide variety of industries are recognizing the need to increase transparency, strengthen internal controls, and mitigate enterprise risk associated with uncontrolled and unmonitored end-user applications – primarily spreadsheets and Microsoft Access databases. In line with these strategic goals, we have seen a significant increase in demand for Prodiance software within banking, capital markets, insurance, energy, manufacturing, and pharmaceuticals."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development