October 31, 2006

MorganFranklin Selects Appian’s Business Process Management Suite to Support Sarbanes-Oxley Advisory Practice

Appian Helps MorganFranklin Drive Efficiency into Clients’ SOX Compliance Processes

Vienna, VA., October 31, 2006 Appian, the leading provider of Business Process Management Suites (BPMS), today announced that MorganFranklin, a rapidly growing provider of business advisory, consulting, engineering and integration services, has selected Appian Enterprise to support its Sarbanes-Oxley (SOX) advisory services. MorganFranklin is deploying Appian’s BPM-based Sarbanes-Oxley solution to provide clients with increased structure and visibility into their SOX compliance programs. Appian will streamline and simplify the management and versioning of audit forms and documents, while also improving reporting and providing timely visibility into compliance activities. Appian’s BPM-based Sarbanes-Oxley solution leverages a COSO-based framework for evaluating the risks and controls of internal financial processes to help companies achieve compliance with sections 404 and 302 of the Sarbanes-Oxley Act.

Tailored to address customers’ complex compliance requirements, Appian’s Business Process Management Suite enables organizations to automate, monitor, modify, and govern critical business processes in real-time to support compliance with current regulatory laws at all times. Appian’s flexible BPM-based approach to compliance solutions enable organizations to edit and adapt their processes as new laws are passed or as existing laws are reinterpreted by the courts.

“SOX readiness consulting is a key component of our business,” said Robert Morgan, MorganFranklin CEO. “The flexibility and functionality of Appian Enterprise provides our clients with the best platform for ensuring their long-term compliance.”

MorganFranklin is a uniquely structured professional services company that delivers comprehensive enterprise-wide capabilities to government and commercial clients. With a convergence of advisory and consulting services and technology solutions, MorganFranklin facilitates the improvement and transformation of the company’s clients, from the inception of concepts and ideas to their realization.

Appian’s ability to automate other related financial processes and monitor existing ERP environments introduces a framework for continuous control monitoring, allowing process owners to directly link process documentation with automated IT actions and workflows within the Appian platform. This enables the system to actively monitor the status of compliance for internal controls across the enterprise, in real-time, and ensures that any violation of an internal control is instantly reported to compliance managers and reflected as an issue in the internal control framework.

“While a lot of time and energy is being dedicated to SOX compliance, few companies have the visibility to ensure that their efforts are paying off,” said Matt Calkins, CEO at Appian. “Appian Enterprise enables MorganFranklin and its customers to conduct continuous Sarbanes-Oxley control monitoring, ensuring that they are compliant for certain key controls at all times.”

About Appian

Appian provides a leading low-code software development platform that enables organizations to rapidly develop powerful and unique applications. The applications created on Appian’s platform help companies drive digital transformation and competitive differentiation. For more information, visit www.appian.com.