OpenPages’ President and CEO Michael Duffy Wins Ernst & Young Entrepreneur of the Year® Award

Waltham, Mass. – 19 June 2007

OpenPages®, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that president & CEO Michael J. Duffy has been awarded the prestigious Ernst & Young Entrepreneur of the Year Award for the New England region. Duffy was presented with the enterprise software technology category award on June 14, 2007 during the 21st annual Awards Banquet held at the Westin Waterfront Hotel in Boston.

This annual award recognizes exceptional entrepreneurs in various industries on a regional, national and global level. A finalist for a third consecutive year, Duffy was selected as the enterprise software winner from more than 90 nominations received in several categories from other New England-area entrepreneurs. As a 2007 regional award winner, Duffy is now eligible to participate in the national Ernst & Young Entrepreneur of the Year awards, which will take place in Palm Springs, Calif. on November 15-18, 2007.

Ernst & Young’s recognition of Duffy’s entrepreneurial leadership comes on the heels of a strong first half of 2007 where OpenPages launched two new product modules to round out their OpenPages® Governance PlatformSM. The launch of the OpenPages Governance Platform provides customers with an integrated approach to managing risk throughout their entire organization – from financial controls and operational risk to general compliance and IT governance. In June 2007, OpenPages launched the availability of its GRC solutions in Japan to help companies comply with J-SOX as well as other financial controls regulations. OpenPages was also recently named a Red Herring 100 award winner, listed as the fastest growing private software company on the Inc. 500 and received the OpRisk & Compliance magazine product of the year award for Sarbanes-Oxley compliance software.

"While being recognized as an Ernst & Young Entrepreneur of the Year award winner is a personal honor, it is impossible to receive this award without recognizing the hard work, dedication and entrepreneurial spirit shown by the entire OpenPages team," said Michael Duffy, president and CEO of OpenPages. "I have had the distinct honor of being able to manage a group of consummate professionals that have executed flawlessly to seize the opportunities of the high growth governance, risk and compliance software marketplace."

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