CIMCON Software Receives 'Strong Positive' Rating, the Highest Rating Possible, in Spreadsheet Control Products 2008 MarketScope Report from Leading Analyst Firm

    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
 (low).
 
     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.
 
     MarketScope Disclaimer
 
     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
     Email: bdann@cimcon.com
     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,
 visit http://www.ereleases.com.
 
 
 

SOURCE CIMCON Software, Inc.