CIMCON Software Affirms Market Leadership with Breakthrough 'Enterprise-to- Cell(TM)' Technology for Spreadsheet Controls and Productivity

    BEDFORD, Mass., July 10 /PRNewswire/ -- CIMCON Software, Inc., the
 pioneering market leader in spreadsheet controls and compliance, today
 announced a breakthrough "Enterprise-to-Cell(TM)" technology as part of its
 SOX-XL Spreadsheet Controls solution. For the first time, the new
 technology provides spreadsheet users including authors, managers,
 controllers and senior management with highly visual, context-sensitive and
 multi-dimensional views of spreadsheet processes from the enterprise level
 right down to the cell level. The technology provides companies with a
 powerful tool to accelerate their financial close processes by providing an
 instantaneous and real-time snap shot of current enterprise status with
 deep drill-down capabilities. By providing intelligent, context-based
 information at the appropriate level of granularity, the new technology is
 expected to set a new standard for spreadsheet productivity, ease of use
 and user benefits that will be embraced by all stakeholders and lead to
 quick user adoption.
     Organizations today are under increasing pressure to implement End User
 Computing (EUC) controls for both spreadsheets and databases in response to
 regulatory requirements such as Sarbanes-Oxley (Sarbox), Basel II and
 MiFID. Companies are evaluating spreadsheet and other EUC controls to not
 only comply with regulatory requirements, but also to implement spreadsheet
 best practices that can result in significant user benefits and
 productivity gains. The "Enterprise-to-Cell" technology provides
 organizations with the productivity benefits and business justification to
 implement such controls.
     The SOX-XL suite of products provide the industry's most comprehensive
 spreadsheet lifecycle solutions from discovery, risk assessment, analysis,
 and controls to archiving and record retention. CIMCON Software is also the
 first company to provide compliance solutions for Access databases in a
 single integrated platform to provide our clients with one-stop End User
 Computing (EUC) solutions. The new technology further reinforces CIMCON's
 technical leadership and history of innovation while leveraging SOX-XL's
 proven and mature compliance platform and a 5-year history of use, and
 assures all current and future customers with continued productivity and
 business benefits.
     About CIMCON Software, Inc.
     With 19 years of innovation, experience and knowledge, CIMCON Software,
 Inc. is a pioneering Market Leader in providing a complete range of
 Spreadsheet Control and Compliance solutions. CIMCON's Spreadsheet
 Compliance Technology is a de facto Industry Standard with the Largest
 Installed Client Base of over 160 Companies for regulatory compliance,
 including the Regulator of America's Capital Markets and an enforcement arm
 of the Securities and Exchange Commission (SEC), and America's Largest
 Mortgage Company with nearly a trillion dollars in loans. With a client
 base spanning North America, Europe and Asia and a 5-year history of use,
 CIMCON's spreadsheet compliance technology has been selected and
 implemented worldwide by many Fortune 500 corporations as a Global
 Corporate Standard for Regulatory Compliance.
     Marketing Contact:
     Stephen Thornton
     Manager, Sales and Marketing
     Tel: (866) 727 8117
     Email: sthornton@cimcon.com
     For more information about CIMCON Software's market-leading Spreadsheet
 and Database Compliance Solutions, please visit
 http://www.sarbox-solutions.com.
     This release was issued through eReleases(TM). For more information,
 visit http://www.ereleases.com.
 
 

SOURCE CIMCON Software, Inc.