May 15, 2006

Pearson Selects Appian Sarbanes-Oxley Solution for Global Compliance

Appian Delivers Real-time Visibility Into All Sarbanes-Oxley Mandated Activities, Simplifying the Compliance Process

Vienna, VA., May 15, 2006 Appian, the leading provider of human-centric business process management suites (BPMS), today announced that Pearson, an international media company with market-leading businesses in education, business information and consumer publishing, selected Appian’s Sarbanes-Oxley Compliance solution to ensure end-to-end compliance for its global operations. Appian’s BPM-based Sarbanes-Oxley solution provides global visibility into financial auditing processes across the company, providing executives with real-time, actionable insight about key financial processes and activities.”As a global organization, Pearson is faced with the task of ensuring that all of our systems and practices are Sarbanes-Oxley compliant, so we needed a solution that could manage the entire end-to-end process,” said Michael Fortini, Director of Compliance at Pearson plc. “With its extensive experience in the BPM space, Appian met our Sarbanes-Oxley requirements by delivering a flexible, process-centric solution that supports robust testing and surveying combined with issues management and remediation.”

With Appian’s Sarbanes-Oxley Compliance solution, Pearson’s financial management team will be able to identify issues, track resolutions across the enterprise and report on status in real-time. By leveraging Appian’s migration tool, Pearson can also upload all relevant historical data, which is enabling the company to roll out its Sarbanes-Oxley solution in a matter of weeks instead of months.

“Because Sarbanes-Oxley touches all areas of a business and requires reporting and management of all key business activities, companies like Pearson are turning to BPM leaders to deliver the control and reporting that they require,” said Kevin Spurway, Vice President of Marketing, Appian Corporation. “Appian’s Sarbanes-Oxley solution is enabling Pearson to harness their business processes and ensure that the entire global organization is compliant at all times.”

Powered by the Appian Enterprise BPM platform, Appian’s Sarbanes-Oxley solution is a major component of Appian’s Compliance Process Management Suite. Leveraging a COSO-based framework for auditing internal financial processes, Appian’s solution is focused on helping companies achieve continuous compliance with sections 404 and 302 of the Sarbanes-Oxley Act. 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.

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