May 23, 2008

Press Release

BWise Announces Successful U.S. Customer Summit, Highlighting GRC Best Practices from Across the Nation

Southern Company Honored with 2008 U.S. Innovation Award

New York, NY, May 23, 2008 – BWise, a leading provider of governance, risk and compliance (GRC) software solutions, today announced the successful U.S. Customer Summit held in Boston last week. Southern Company was honored with the 2008 U.S. Innovation Award for setting a new industry standard with the GRC results achieved through BWise 4.0, the latest release of BWise.

At the summit, customers discussed key trends and developments in GRC, in a forum that enabled the successful exchange of experiences from organizations in numerous sectors. BWise outlined its strategy and product road map, which builds on its market leadership as a highly innovative, customer-driven GRC solutions company for more than two decades. New products were unveiled that will set additional benchmarks of excellence to help companies significantly increase operational effectiveness and reduce risk.

“At BWise, we shape our solutions by the success of our customers and this year’s U.S. Summit underscores this goal,” stated Robert Pijselman, CEO of BWise. “We congratulate Southern Company and all of our customers on their continued accomplishments in our partnered approach to GRC excellence.”

“We are extremely pleased to be recognized with the 2008 U.S. Innovation Award from BWise,” stated David Williams, Project Manager Internal Controls and Compliance at Southern Company. “BWise 4.0 has helped us transform our GRC initiatives into measurable business results and we look forward to continuing to work with this industry leader to achieve even greater improvements.”


L to R: Luc Brandts, BWise; Roopa Pawate, Southern Company; David Williams, Southern Company; Chris von der Lieth, BWise and Bill Bryson, Southern Company.



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