World’s Largest Party Goods Manufacturer & Distributor will Streamline and Automate Identity and Access Governance Initiatives with Aveksa Compliance Manager

WALTHAM, Mass.—March 19, 2007—Aveksa, a leader in automated security compliance, today announced that Amscan, Inc., the largest designer, manufacturer and distributor of decorated party goods and party accessories in the world, has selected Aveksa Compliance Manager to automate and simplify identity-driven compliance and risk management initiatives across its entire enterprise. Using Aveksa Compliance Manager, the company will achieve unmatched visibility into the true state of user access rights for risk-relevant applications and dramatically simplified reporting for continuous compliance.

Amscan is the largest designer, manufacturer and distributor of decorated party goods and party accessories in the world. Its wholesale divisions employ approximately 2,200 associates worldwide and it distributes product to 40,000 retail outlets throughout North America, Europe, Australia and Japan. The company will use Aveksa Compliance Manager to enable an automated end-to-end workflow for entitlement reviews and certifications. Aveksa Compliance Manager will automate access rights monitoring and compliance reporting across Amscan’s identity and security infrastructure, compliance-relevant business and financial applications, payroll system and legacy financial and ERP applications.

“Having built our own version of access compliance we know what we need, and Aveksa meets our needs. Aveksa Compliance Manager enables us to easily scale to more users and applications, and provides a customized workflow for managing access rights. Aveksa’s automated certification for user rights to our systems is a significant improvement over our old cumbersome procedure, which required paper records,” said Mike Mostrom, chief information officer for Amscan. “Aveksa is quick to implement and provides a sound foundation for our evolving needs with the scalability and functions we will need in the future. Its quick technical set-up means that we can focus on good data from the feeder systems, which is essential for good access compliance.”

Aveksa delivers the only automated security compliance management solution that helps IT security and compliance teams efficiently and accurately monitor entitlements and roles enterprise-wide. With Aveksa Compliance Manger, organizations can deploy a closed loop entitlement certification process and automate security policies and controls assurance. The solution delivers enterprise-wide visibility across mainframe, midrange, Web and PC environments by monitoring entitlements to applications and resources such as SAP, Oracle Financials, PeopleSoft, LDAP-based directories, ACF/2, RACF, TopSecret and AS/400.

“Compliance with multiple regulations has placed significant labor and financial demands on businesses, and leading companies like Amscan are seeking to comply more efficiently and to minimize risk posed by inappropriate access rights,” said Deepak Taneja, CEO of Aveksa. “We look forward to helping more leading companies implement effective identity governance, reduce risk and achieve sustainable compliance with Aveksa Compliance Manager.”

Aveksa Compliance Manager is a key component for an organization to achieve sustainable compliance. Its rules, reports, certifications and analytics can be linked to external documentation of security policies and compliance controls. Direct integration with IT governance, risk and compliance platforms ensures that accurate and up-to-date security compliance status is always available to those who need it.

About Aveksa
Aveksa delivers the only enterprise-class security risk and compliance management solution that automates access rights monitoring, compliance reporting and remediation. Aveksa enables IT security and compliance teams to balance the pressures of managing company security and meeting corporate compliance objectives while drastically reducing the costs associated with attaining sustainable compliance.

Aveksa was founded by identity management and security compliance experts who understand how to help organizations effectively deal with regulations such as Sarbanes-Oxley, HIPAA, GLBA and Basel II. Aveksa headquarters are located in Waltham, Mass. For more information please contact Aveksa at www.aveksa.com.