BEDFORD, Mass., April 15 /PRNewswire/ -- CIMCON Software, the
pioneering market leader in Spreadsheet Governance, Risk and Compliance
(GRC) controls, today announced that it has received a "Strong Positive"
rating in Gartner's "MarketScope for Spreadsheet Control Products, 2008"
published on March 11, 2008 and authored by Jay Heiser and David Furlonger.
CIMCON Software received the highest possible rating of "Strong Positive"
in this report.
"With 20 years of uninterrupted business experience and history, CIMCON
Software is a pioneer in the spreadsheet controls marketplace and today has
one of the largest installed global client base of over 160 customers in
financial services, banking, insurance, energy, commodities,
pharmaceuticals and a wide range of other industries," said Anil Agrawal,
Director at CIMCON Software. "We believe Gartner's 'Strong Positive' rating
confirms CIMCON Software's leading position in the market and our
commitment to providing customers with one-stop, configurable and
sustainable solutions for spreadsheet controls without compromising on the
flexibility that users expect from spreadsheets."
CIMCON Software's SOX-XL, SOX-XS, XLRisk and XLAudit suite of products
provide the industry's most comprehensive spreadsheet and database
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. As a result of user feedback from its large client base
and expertise gained from years of developing spreadsheet control
solutions, CIMCON today provides highly flexible solutions on a wide range
of platforms and desktop environments that can be easily configured to meet
the needs of individual lines of businesses or an organization.
Companies in the Gartner MarketScope were evaluated on six (6) weighted
criteria: Customer Experience, Market Understanding and Product/Service
(high); Offering (Product) Strategy and Overall Viability (Business Unit,
Financial, Strategy, Organization) (standard); and Marketing Strategy
About CIMCON Software, Inc.
With 20 years of experience, innovation 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.
The MarketScope is copyrighted 2008 by Gartner, Inc. and is reused with
permission. The MarketScope is an evaluation of a marketplace at and for a
specific time period. It depicts Gartner's analysis of how certain vendors
measure against criteria for that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product or service depicted in the
MarketScope, and does not advise technology users to select only those
vendors with the highest rating. Gartner disclaims all warranties, express
or implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
For further information, please contact:
Bernie Dann, Sr. Manager, Sales and Marketing
Tel: (781) 271 9868 Ext. 210
Toll Free: (866) 727 8117
For more information about CIMCON Software's market-leading Spreadsheet
Lifecycle Control Solutions, please visit http://www.sarbox-solutions.com.
This release was issued through eReleases(TM). For more information,
SOURCE CIMCON Software, Inc.