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Movaris Unity Release 10 Drives Business Value from Integrated Performance and Compliance Efforts

(Nov 13, 2007)-- Movaris announced the next generation platform that transforms the burden of compliance into business value by integrating and managing compliance and performance efforts across the enterprise. Building on the Movaris Control Management Framework, Movaris Unity Release 10 includes both new applications such as Enterprise Risk Manager as well as enhanced functionality in the areas of scoping, close collaboration, management dashboarding and XBRL.

"Risk management -- be it enterprise-wide or operationally focused -- has arrived," said John Hagerty in the February 2007 AMR Research Alert "Compliance Is Still a Priority." "GRC is no longer solely an esoteric discussion, but one that has captured the minds of business executives and the attention of buyers looking to identify, categorize, assess, and mitigate potential problems before they adversely affect performance."

To achieve sustainable competitive advantage and to enter and win new markets and increase profitability, companies must integrate compliance into the fabric of their operations by unifying, managing and coordinating performance management with governance, risk, and compliance initiatives. Movaris Unity Release 10 provides a unified, "single version of truth" for governance, risk and compliance and associated performance management efforts across the enterprise. Movaris helps customers improve business value and reduce overall corporate risk through best practice processes that ensure that the right things are done by the right people, in the right sequence and within the right time frame.

"Movaris Unity Release 10 is the most comprehensive release in company history and builds on our extensive workflow and process-centric platform to enable users to plan scope, schedule, perform, manage and report on all corporate performance, governance, risk, and compliance efforts. Risks to an enterprise can never be fully eliminated, but the end goal is to optimize risk control efforts so that a company can focus on those areas deemed to be most critical to the success of the enterprise," commented Eric Keller, CEO, Movaris. "The integration of compliance efforts with performance efforts is the next big step in performance management and progressive companies are taking advantage of that integration to be more competitive."

"At Celanese Corporation, we are always looking for ways to improve our capabilities to provide the highest level of compliance across the organization", said Scott Thornton, Manager Sarbanes-Oxley, Celanese Corporation. "We anticipate that the new multi-dimensional scoping functionality in Release 10, together with our existing Movaris capabilities, will continue to improve the timeliness and efficiency of our compliance processes".

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