Access Governance Leader Selected for Second Consecutive Year Based on Business Growth, Market Opportunity, Innovation and Customer Traction

WALTHAM, Mass.—May 12, 2009—Aveksa, Inc., the market-leading provider of enterprise access governance solutions, today announced that it has been selected to the 2009 AlwaysOn East 100 List. The AlwaysOn East 100 Award is given to private, emerging technology companies creating new business opportunities in high-growth markets. Aveksa was selected for the second consecutive year by the AlwaysOn editorial team based on demonstration of growth, market opportunity, quality of innovation and customer traction.

“It’s no secret that technology and innovation are vital to bringing our country out of economic recession,” said Tony Perkins, founder and editor of AlwaysOn. “The companies on this year’s list have not only created innovative technologies that solve real business problems, but have stimulated economic growth through the generation of new jobs. I congratulate every winner selected for this year’s award and wish them all tremendous success in the future.”

The AlwaysOn East 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. Aveksa and the other AlwaysOn East 100 winners will be recognized at the Venture Summit East Conference at the Mandarin Oriental Hotel in Boston, Mass., on May 20-22. This two-and-a-half day executive conference is co-presented by J.P. Morgan and Forbes and will feature presentations and high-level debates from the most influential institutional investors, venture capitalists, corporate buyers, investment bankers and research analysts in the Eastern U.S.

“Aveksa is honored to be selected as an AlwaysOn East 100 winner for the second year in a row,” said Arun Oberoi, CEO of Aveksa. “This distinction validates our success in addressing the growing enterprise need for access governance solutions, and in providing the industry’s most innovative solutions to help businesses achieve sustainable access compliance and reduce their access-related risks.”

Aveksa created the industry’s first comprehensive solution for access governance, risk and compliance management. Aveksa’s Enterprise Access Governance Platform is comprised of the Aveksa Compliance Manager, which automates the monitoring, reporting, certification and remediation of user entitlements; the Aveksa Role Manager, which enables role discovery, modeling and maintenance; and the new Aveksa Access Request and Change Manager, which combines a business-centric interface and an automated, streamlined request process with policy controls to ensure that access is appropriate.

With the Aveksa Access Governance Platform, organizations can efficiently address security and regulatory demands through a collaborative process that automates manual tasks, enforces accountability, provides the auditable evidence of compliance, reduces access-related business risk and creates an effective process for access delivery across the entire enterprise.

A full list of all the AlwaysOn East 100 winners can be found on the AlwaysOn Web site at
http://alwayson.goingon.com/permalink/post/32212.

About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Summit at Stanford, OnMedia, OnHollywood, GoingGreen East and West, Venture Summit East and West) and quarterly print “blogozine” by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

About Aveksa
Aveksa provides the most comprehensive, enterprise-class, access governance, risk management and compliance solution. Aveksa automates the on-boarding, change management, monitoring, reporting, certification and remediation of user entitlements and roles; enables role discovery and lifecycle management; and delivers unmatched visibility into the true state of user access rights. With Aveksa, business, security and compliance teams can effectively collaborate and enforce accountability. Our growing customer base includes leading Global 2000 organizations in financial services, healthcare, retail, transportation and manufacturing. For more information, go to www.aveksa.com.