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CIMCON Software
Affirms Market Leadership with Breakthrough
“Enterprise-to-Cell™” Technology for
Spreadsheet Controls and Productivity
July 9, 2007: CIMCON Software,
Inc., the pioneering market leader in
spreadsheet controls and compliance, today
announced a breakthrough
“Enterprise-to-Cell™” technology as part of
its SOX-XL Spreadsheet Controls solution.
For the first time, the new technology
provides spreadsheet users including
authors, managers, controllers and senior
management with highly visual,
context-sensitive and multi-dimensional
views of spreadsheet processes from the
enterprise level right down to the cell
level. The technology provides companies
with a powerful tool to accelerate their
financial close processes by providing an
instantaneous and real-time snap shot of
current enterprise status with deep
drill-down capabilities. By providing
intelligent, context-based information at
the appropriate level of granularity, the
new technology is expected to set a new
standard for spreadsheet productivity, ease
of use and user benefits that will be
embraced by all stakeholders and lead to
quick user adoption.
Organizations today are under increasing
pressure to implement End User Computing (EUC)
controls for both spreadsheets and databases
in response to regulatory requirements such
as Sarbanes-Oxley (Sarbox), Basel II and
MiFID. Companies are evaluating spreadsheet
and other EUC controls to not only comply
with regulatory requirements, but also to
implement spreadsheet best practices that
can result in significant user benefits and
productivity gains. The “Enterprise-to-Cell”
technology provides organizations with the
productivity benefits and business
justification to implement such controls.
The SOX-XL suite of products provide the
industry’s most comprehensive spreadsheet
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. The new
technology further reinforces CIMCON’s
technical leadership and history of
innovation while leveraging SOX-XL’s proven
and mature compliance platform and a 5 year
history of use, and assures all current and
future customers with continued productivity
and business benefits.
About CIMCON Software, Inc.
With 19 years of innovation, experience
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.
Marketing Contact:
Stephen Thornton
Manager, Sales and Marketing
Tel: (866) 727 8117
Email:
sthornton@cimcon.com
For more information about CIMCON
Software’s market-leading Spreadsheet and
Database Compliance Solutions, please visit
www.sarbox-solutions.com.
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