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Paisley Appoints Marc Adams Vice President of Sales for EMEA

Minneapolis, Minn. — Aug. 8, 2007 — Paisley, the leading provider of governance, risk and compliance (GRC) software solutions, today announced the appointment of Marc Adams as vice president of sales for Europe, the Middle East and Africa (EMEA). Adams will be responsible for managing and extending the company's growing customer base in the EMEA region, and will be based out of its U.K. office.

A software industry expert with more than 20 years of experience, Adams joined Paisley from leading IT governance vendor, Centennial Software, where he was senior vice president of field operations with responsibility for sales, field marketing and support for the EMEA and Asia-Pacific regions. Prior to this, Adams held executive sales positions with Clearswift and JCP Computer Services. He also served as CEO at StorVert.

"We are excited to add Marc to our sales leadership team," said Tim Welu, CEO of Paisley. "His proven global sales experience in the IT industry will be instrumental in supporting our growth with channel partners and customers in the EMEA region."

In addition, Adams held high-profile management and sales positions with EMC and Computer Associates.

About Paisley
Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.

Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

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