CIMCON Software Announces Major Expansion with New London Office to Meet Growing European Demand

CIMCON Software Inc., the Pioneering Market Leader in Spreadsheet Governance, Risk and Compliance (GRC) controls, today announced the opening of its new office in London's prestigious Financial District to support growing demand for End User Computing (EUC) control and compliance solutions in the U.K. and Europe. The U.K. office expands CIMCON's ability to offer local sales, support and services to its fast-growing base of customers and prospects in the U.K. and Europe.

"As part of our ongoing expansion efforts, CIMCON is pleased to open a new office in London. The opening of the U.K. office reaffirms CIMCON's commitment to the European market -- an area of key strategic focus for us," said Anil Agrawal, Director of CIMCON Software. "CIMCON Software has successfully demonstrated its market leadership in spreadsheet controls in Europe with the largest share of the market and several blue-chip customers. We continue to see strong demand and growth in these markets. By providing local sales, support and services, the London office will allow us to strengthen our relationships with existing as well as new customers."

The new office is located at 9 Devonshire Square, London, EC2M 4YF and can be contacted by Phone at (+) 020 3178 6931, by Fax at (+) 020 3178 3221.

About CIMCON Software, Inc.

With 21 years of innovation, experience and knowledge, CIMCON Software, Inc. is a pioneering Market Leader in providing a complete range of Spreadsheet Control and Compliance solutions. CIMCON's Spreadsheet Compliance Technology is a de facto Industry Standard with the Largest Installed Client Base of over 200 companies for regulatory compliance, including the Regulator of America's Capital Markets and an enforcement arm of the Securities and Exchange Commission (SEC), and America's Largest Mortgage Company with nearly a trillion dollars in loans. With a client base spanning North America, Europe and Asia and a 6-year history of use, CIMCON's spreadsheet compliance technology has been selected and implemented worldwide by many Fortune 500 corporations as a Global Corporate Standard for Regulatory Compliance.

CIMCON's SOX-XL suite of products provide the industry's most comprehensive spreadsheet lifecycle solutions from discovery, risk assessment, analysis, and controls to archiving and record retention. CIMCON Software is also the first company to provide compliance solutions for Access databases in a single integrated platform to provide our clients with one-stop End User Computing (EUC) solutions.

Marketing Contact:

Carlos Morgado, Associate Director
Tel: (781) 271 9868