(Free Press Release) June 20, 2011, Boston and London. CIMCON Software, the pioneering Market Leader in Governance, Risk and Compliance (GRC) solutions for End User Computing (EUC), today announced its sponsorship of the European Spreadsheet Risks Interest Group‘s (EuSpRIG) 2011 Annual Conference in Greenwich, London on July 14th and 15th, 2011 for the second consecutive year.

Recognized as the world‘s only spreadsheet risk management event, the EuSpRIG 2011 Annual Conference on “Spreadsheet Governance Policy and Practice” will provide attendees with the opportunity to learn the latest from the world‘s leading spreadsheet compliance experts on investigating, managing and controlling the myriad risks posed by corporate spreadsheets. Bringing together academic and commercial interests and a pedigree stretching back 10 years, EuSpRIG offers corporate risk managers an unrivalled perspective on spreadsheet risk management.

“As the market and thought leader in End User Computing, CIMCON Software is pleased to sponsor this unique event that advances the state of the art in spreadsheet risk management for the second consecutive year,” said Anil Agrawal, Director. “Research data shows that a majority of large spreadsheets contain errors. The enormous risks from uncontrolled spreadsheets continues to be an area of increasing management attention and focus as a result of well publicized incidents of business losses, material exposure, and increasing regulatory mandates. EuSpRIG‘s Annual Conference is guaranteed to provide attendees with an in-depth look at why spreadsheet compliance is important, and how it should be implemented and monitored using best practices. We welcome and encourage all conference attendees to learn more about spreadsheet risks and how CIMCON‘s SOX-XL suite of spreadsheet management tools can help discover, categorize, remediate, and control this risk.”

About CIMCON Software, Inc.

With 22 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 nearly 250 companies for regulatory compliance, including the Regulator of America‘s Capital Markets and an enforcement arm of the Securities and Exchange Commission (SEC). With a client base spanning North America, Europe and Asia and a 9 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.

CIMCON‘s 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.

Marketing Contact:

Heidi Sporel
Director, Marketing & Communications
Tel: (978) 692 9868 Ext. 207
Email: [email protected]

For more information about CIMCON Software‘s market-leading Spreadsheet and Database Compliance Solutions, please visit www.sarbox-solutions.com.