BWise and CaoSys Sign Cooperation Agreement

"Monitor Segregation of Duties (SoD) on Oracle E-Business Platforms Integrated in a GRC Platform"

S-HERTOGENBOSCH, The Netherlands, March 15, 2011 - BWise, the global leader in Governance, Risk and Compliance (GRC)
(www.bwise.com/grc-challenges/continuous-controls-monitoring)
management software, announced today it has signed a cooperative agreement
with CaoSys Limited, headquartered in Yorkshire, United Kingdom. CaoSys
offers enterprise application productivity and compliance solutions for
Oracle(R) E-Business platforms. Both companies will benefit from one
another's understanding of the global GRC market and its challenges. With
BWise as the global GRC platform and CaoSys's compliance solutions,
organizations will benefit from an integrated and holistic view on how to
design, implement, optimize and deploy a best-in-class GRC platform.

Enable exception reporting

BWise customers will benefit from the integration of continuous
monitoring
(www.bwise.com/grc-challenges/continuous-controls-monitoring) and
reporting capabilities on potential Segregation of Duties (SoD) conflicts in
their Oracle E-Business platforms. The traditional approach in GRC projects,
where risk management and/or internal control frameworks are reviewed on a
manual basis, will be replaced by an automated process of continuously
monitoring relevant data from an ERP environment. BWise combined with
CaoSys's compliance solution will enable to initialize exception reporting
and managing issues while creating a full audit trail in BWise.

Ensure Segregation of Duties and Access Control

A risk-based approach to managing access controls, including exception
reporting and signing off on mitigating controls in an integrated GRC
environment, is the most effective way to ensure proper SoD and effective
access controls in Oracle E-Business environments. Robert Pijselman, CEO of
BWise, said "We are proud to welcome CaoSys as one of our strategic business
partners. Their deep Oracle E-Business understanding and broad market
experience adds value to our existing customer base. The recent integration
of CaoSys's CS*Comply/SEsoftware into the BWise GRC platform is an example of
the expanding market for integrated GRC solutions."

Save time and money

Craig O'Neill, managing director at CaoSys, said, "We are delighted by
this opportunity to join forces with an industry recognized and leading
player in this market. It is a strategic choice for CaoSys to select an
integrated GRC solution vendor such as BWise as one of our business partners.
Their Magic Quadrant positioned GRC solution is the ideal platform to help us
broaden our reach and strengthen our brand. By integrating a new standalone
edition of our CS*Comply solution into the BWise Enterprise GRC Platform, we
are bringing more organizations the opportunity to benefit from the latest in
GRC technology to assist them in saving time and money as well as adhere to
and fulfill their risk and compliance management requirements." For more
information, visit www.caosys.com or www.bwise.com.

About CaoSys:

CaoSys offers several solutions that fall into two distinct market
segments, compliance and productivity. The companies compliance based
solutions, CS*Audit, CS*Comply, CS*Impact and CS*Secure enable organizations
to implement data auditing, segregation of duties (SoD) internal controls,
impact analysis and data security based controls. Their productivity based
solutions, CS*Form, CS*Accelerate and CS*Enquire cater for several needs such
as onscreen interactive reporting, application extensions, application
building, application augmentation and ad-hoc querying to name but a few.

CaoSys software helps businesses streamline and secure their applications
making their users and therefore their business more efficient whilst
ensuring assurance and accountability. CaoSys was formed during 1999 and is
based in the UK. More information can be found at www.caosys.com.

About BWise:

BWise, established in 1994, is the global leader in Enterprise
Governance, Risk Management and Compliance (GRC) software. Based on a strong
heritage in business process management, BWise delivers truly integrated and
proven GRC solutions. With these GRC solutions BWise supports an organization
to get 'in control' of all of its enterprise risks and compliance
obligations. To become 'in control', BWise enables its customers to increase
corporate accountability; strengthening financial, strategic and operational
efficiencies; and maximizing performance, while understanding risks.

Hundreds of customers, in virtually all markets and industries in more
than 80 countries, are served by BWise for their GRC needs. Utilizing
templates and a best-practice implementation approach, BWise enables
management to monitor and manage risks and comply to regulations such as
Sarbanes-Oxley, ISAE3402 / SAS-70, Basel II and III and Solvency II,
ISO-standards, European Corporate Governance Codes and many more. BWise has
offices in the Netherlands, United States, United Kingdom, Germany and India.
For more information, visit www.bwise.com.

www.bwise.com

Media contacts: BWise, Clarinda Dobbelaar, VP of Marketing, Email: clarinda.dobbelaar at bwise.com, Office: +31(0)73-6464-915