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Modulo Risk Manager(TM) Obtains Top Scores From Forrester Research Evaluation
Jul 15, 2008 (08:07 AM EDT)

NEW YORK, July 15 /PRNewswire/ -- Modulo, leading provider of IT Governance, Risk and Compliance (IT GRC) solutions, today announced that the company was included amongst the top positions in the June 2008 report The Forrester Wave(TM): IT Risk and Compliance Software, Q2 2008. Based on a thorough analysis across 88 criteria from eight different companies, the report positions Modulo as a top strong performer with a special mention to its capabilities, long tradition as an IT GRC vendor, market presence and overall vision.

"We are very proud of the fact that Modulo Risk Manager(TM) stood out as a leading IT GRC solution in this renowned evaluation. This recognition comes to prove that we are following the right path in our mission to deliver excellence in IT GRC solutions," said Ron Radcliff, Modulo's VP of Sales. "Along the years, we earned the confidence of our customers and partners around the world based on elements very well highlighted by Forrester's evaluation."

The report, compiled by Marc Othersen, states that "Modulo is one of the earliest vendors to develop IT risk and compliance capabilities. It has the largest number connectors of any participant and the strongest international presence." Modulo has a solid network that includes 38 partnerships in 21 countries and a portfolio with over 400 high-profile clients worldwide. In the United States, they include the Medical Center, DeltaDental -- America's largest dental benefits carrier -- and Greenstone -- fourth largest agricultural lender in the country.

In addition, the report highlights Modulo's strong capabilities that include "workflow management, collection of control evidence, and directly connecting to technologies for compliance data collection." The company also takes the top spot in overall vision of the IT risk and compliance market. The report concludes "Modulo's Risk Manager should be considered when looking at any IT risk and compliance product because it provides solid capabilities across all functional areas."

Modulo Risk Manager(TM) provides quantitative and qualitative results for identified risks, therefore helping actions to be prioritized, supporting the decision making process and helping follow-up on improvements as risks are addressed. The solution collects, centralizes and generates reports relating to technology assets, such as software and equipment, as well as non- technology assets such as people, processes and physical facilities within an organization to assess risk and ensure compliance.

About Modulo -- Modulo is a market leader for IT Governance, Risk and Compliance management. Modulo Risk Manager(TM) provides organizations with the tools they need to automate the processes required for assessing security vulnerabilities and attaining regulatory compliance. Recent honors received by Modulo include: Hot Company 2008 and Global Excellence Customer Trust Award 2008 (Global Product Excellence in Auditing for Modulo Risk Manager), two important recognitions that validate Modulo's commitment to its cutting-edge product innovation and customer satisfaction.

PR Contact: Pedro Costa Phone: 1 253 218 9542

CONTACT: Pedro Costa, +1-253-218-9542,,for Modulo Security

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