Archer Technologies Rated “Strong Positive” in Industry Analyst Firm’s 2009 IT-GRCM MarketScope

OVERLAND PARK, Kan., Booth 1139 at RSA Conference 2009, April 21, 2009 – Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions, today announced the company received the highest possible rating, “Strong Positive,” in Gartner’s 2009 MarketScope on IT Governance, Risk and Compliance Management (IT-GRCM) by Paul Proctor and Mark Nicolett. Archer was one of 10 vendors evaluated on market understanding, customer experience, product strategy, sales execution and operations.

“Archer is thrilled to be rated as ‘Strong Positive’ within Gartner’s IT-GRCM MarketScope,” said Jon Darbyshire, Archer president and CEO. “Innovation within our GRC solutions is driven by the power of the Archer Community, and in my opinion, Gartner’s rating validates our commitment to partnering with our customers, understanding their goals and expanding our solutions to accommodate to their evolving needs.”

According to Gartner, “The IT governance, risk and compliance management (IT GRCM) market comprises vendors that provide software products that help organizations proactively measure and manage their IT technology and process controls.”

Organizations need a flexible GRC platform to combat escalating risks and meet compliance challenges. Archer provides the following tools to GRC professionals:

Market Understanding – Archer was the first vendor in the IT-GRC space, with a proven technology used by more than 6.5 million users worldwide. Archer’s clients include one in four of the Fortune 100, 36 of the top 40 U.S. financial services firms, five leading telecommunications companies, and prominent retail, healthcare, energy, technology and media enterprises.

Customer Experience – With an industry-leading 97 percent client renewal rate since inception, Archer has a demonstrated track record of delivering quality, value and innovation. Collaboration is also a key element of the Archer customer experience, with frequent User Group meetings and an online social network providing forums for discussion across company and industry lines.

Product Strategy – Archer is a community-driven company, engaging its clients as strategic advisors whose goals and ideas fuel the Archer product roadmap. Archer delivers out-of-the-box, fully configurable GRC solutions and the ability to integrate with third-party systems to bring in relevant data as needed.

Sales Execution and Operations – With 92 percent revenue growth in the first quarter of 2009 and the acquisition of enterprise clients including six of the Forbes 350 and 12 of the Fortune 1000, Archer is well positioned for an eighth consecutive year of record profitability and increased market presence.

More information on Archer’s momentum and continued growth is available on the Archer web site at: http://www.archer.com/company/pressreleases/2009/archer-gains-market-momentum.html.

About the Gartner MarketScope

The MarketScope is copyrighted April 2009 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.

¹Gartner “MarketScope for IT Governance, Risk and Compliance Management,” by Paul E. Proctor and Mark Nicolett. April 13, 2009.

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.