Archer Technologies Named a “Champion of Business” by the Kansas City Business Journal

Honor based on Archer’s 60% revenue growth in 2008, customer-driven product innovation and dedication to community involvement

OVERLAND PARK, Kan., May 11, 2009 – Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions, today announced that the company has been named a “Champion of Business” by the Kansas City Business Journal. This awards program honors companies in the Kansas City area that set the gold standard for financial performance, innovation and community involvement. Archer will be one of 15 companies honored at the Champions of Business Awards Luncheon on Friday, May 15.

“We have been fortunate to recruit some of the most talented, creative and technically accomplished professionals in the Kansas City area, and it’s exciting for our employees to be recognized by the Kansas City Business Journal for their commitment to customer success and community service,” said Jon Darbyshire, Archer president and CEO. “Our employees give back to the Kansas City area in many ways—through mentoring students, supporting charitable organizations and gifting our software. We are honored to be recognized for our business achievements, but even more so for our dedication to working as a team to effect positive change in our community.”

Archer was selected as a Champion of Business based on the following criteria:

• Financial Performance – Coming off a year of 60 percent revenue growth in 2008, Archer posted 92 percent revenue growth in the first quarter of 2009 and added 19 global organizations within the banking, retail, insurance, healthcare, transportation and energy industries to its distinguished client base, which includes one in four of the Fortune 100. Archer also expanded its licensed users to 6.5 million worldwide and grew its staff by 125% over a three-year period.
• Innovation – As a community-driven company, Archer engages its Fortune 1000 clients as strategic advisors, collaborating with them to understand their goals and develop software solutions that allow them to manage governance, risk and compliance programs on a global scale. Archer recently received the top “Strong Positive” rating in Gartner’s 2009 MarketScope on IT Governance, Risk and Compliance Management, and the company earned SC Magazine’s 2009 US Excellence Award for Best Regulatory Compliance Solution for the second consecutive year.
• Community Involvement – Founded in 2007, Team Archer is a community service program that supports Archer employees in volunteering their time to such organizations as Habitat for Humanity, Ronald McDonald House, City Union Mission, Project Warmth and others. Archer employees receive two days of paid leave each year for community service projects and have logged more than 2,000 volunteer hours since the program’s inception.

The editor of the Kansas City Business Journal, Brian Kaberline, said, “I’d like to congratulate all of this year’s honorees. Because of the breadth of material our judges consider for this program, the winners truly deserve to be called Champions of Business.”

More information on Archer innovations and its Team Archer community service program is available at www.archer.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.