Archer Technologies’ Push for On-Demand Enterprise Applications and Industry Collaboration Proves Successful in First 90 Days

The Archer Exchange thrives as clients and partners share and download proven applications to address enterprise governance, risk and compliance challenges.

OVERLAND PARK, Kan., July 30, 2008 – Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions, achieved significant initial success through the launch of the Archer Exchange, an online marketplace of on-demand applications, services, content and integration solutions. In the first 90 days of the Exchange’s debut, more than 85 Fortune 1000 companies downloaded nearly 1,500 on-demand enterprise applications to address GRC challenges and to maximize their return on investment in the Archer GRC platform.

“GRC is about collaboration and communication. This is difficult as there are many niches of GRC that are used to doing things their own way and have specific application and process requirements. Organizations are advised to identify and select a GRC platform that supports collaboration across a range of GRC initiatives and allows for the customization of modules to specifically address niche GRC needs,” says Michael Rasmussen, President and Business Research Analyst for Corporate Integrity, LLC. “The Archer Platform and Exchange is a revolutionary concept in GRC as it ties a robust and customizable GRC platform with the ability to download and integrate a range of specialized GRC modules.”

The Exchange is the cornerstone of Archer’s GRC ecosystem, providing rapid access to applications, content providers, integrations with industry-leading products, and top-tier consulting firms who can assist in building a best-in-class enterprise GRC program. These offerings span across the following categories:

• Audit Management
• Automated Controls
• Business Process Management
• Change Management
• Content Management
• Contract/Relationship Management
• Customer Relationship Management
• Enterprise Asset Management
• Enterprise Security Management

• Financial GRC
• HR/Employment
• Identity Management
• IT-GRC
• Loss and Investigation Management
• Operational GRC
• Policies and Procedures
• Project Management
• Quality Control

Since the launch of the Archer Exchange in April 2008, nearly 5,000 visitors, mainly from the Fortune 1000, have browsed its offerings, and based on heavy download activity, key GRC trends are emerging. According to the companies actively participating in the Exchange, the top five supporting GRC processes they are currently working to address in Archer are:

1. User Access Management
2. Business Continuity Planning
3. Key Controls
4. IT Infrastructure Library (ITIL)
5. Policy Exceptions Management.

“We have seen explosive demand from our customers for applications that allow them to expand beyond the primary functions of GRC,” says Jon Darbyshire, Archer president and CEO. “The Exchange currently offers nearly 60 applications that support specialized GRC processes, and that number will grow to more than 100 in the coming months with contributions from customers, partners and the Archer Labs team.”

The Archer Exchange makes it easy for visitors to search, test drive and download applications. For each Exchange offering, visitors can access detailed descriptions, video demos, and a live Archer environment where they can explore the offering at their own pace. Clients who find an application that meets their needs can download and import it into their Archer environment within minutes, bypassing their own application design and development processes and achieving significant time and cost savings.

More Information

For more information on the Archer Exchange, visit https://exchange.archer-tech.com/.

About Archer Technologies

Archer Technologies delivers enterprise governance, risk and compliance (GRC) solutions. With more than six million licensed users and a client list that includes one in four of the Fortune 100, Archer enables companies to manage enterprise risks, demonstrate compliance, automate business processes, and gain visibility into corporate risk and security controls.

Archer’s out-of-the-box solutions, including Policy, Risk, Compliance, Enterprise, Incident, Vendor, Threat, Business Continuity, and Audit Management, are built on the flexible Archer SmartSuite Framework™, allowing clients to tailor the solutions according to their unique requirements. Whether deployed on-premise or via Archer’s SaaS model, the Framework has become a go-to GRC platform for many global organizations.

Archer is the only vendor that delivers the Archer GRC Ecosystem™ comprised of out-of-the-box solutions, a flexible Framework, a robust user community, and an application and partner exchange, which provides clients the tools they need to build a best-in-class enterprise GRC program. For more information, visit www.archer.com or call 1-888-539-EGRC.