Minneapolis/St. Paul Business Journal Names Paisley Consulting to Fast 50 List

Paisley Consulting Recognized as One of the Area’s Fastest Growing Companies

Cokato, Minn. – Oct. 20, 2006 – Paisley Consulting, a leading provider of governance, risk and compliance (GRC) as well as financial control processing and audit software solutions, announced that it has been named by the Minneapolis/St. Paul Business Journal to the Fast 50 list of fastest-growing private companies in the Twin Cities metro area.

The list of this year’s Fast 50 honorees was announced during an awards ceremony on October 19 and published October 20 in the Minneapolis/St. Paul Business Journal. Organizations secured a place on this year’s Fast 50 list based on their revenue growth between 2003 and 2005. Paisley Consulting’s growth of over 100 percent during this period ranked them as the 23rd fastest growing business.

“It is an honor to be recognized for this award,” said Tim Welu, CEO of Paisley Consulting. “We attribute our success to the hard work and dedication of our employees and the trust of our customers.”

To qualify for the Fast 50 list, companies must be independently owned and privately held, headquartered in the Twin Cities metro area, experience year-over-year revenue growth for each of the past three completed fiscal years, and have revenue of at least $1 million in the first of the three most recent fiscal years.

About Paisley Consulting
Paisley Consulting, the industry-leading software vendor used by more than 1,250 organizations, including 35 percent of the Fortune 100 companies, provides software for governance, risk management and compliance (GRC) including financial control process management and audit automation solutions. Since 1995, Paisley has delivered comprehensive and tightly integrated solutions to better identify and reconcile the risks impacting organizations, allowing users to ensure that evaluations of risks are completed quickly, consistently and accurately.

Leveraging industry best practices, a common technology platform and a unified database to facilitate standardized, automated and collaborative processes across the enterprise, Paisley Consulting customers are empowered to improve the accuracy, consistency and efficiency associated with Sarbanes-Oxley compliance, internal audit, general compliance and operational risk management initiatives. Developed for companies of every size and across multiple industries, Paisley Consulting’s solutions can be implemented as an integrated whole for maximum value or may be deployed as individual point solutions. Either way, our best-of-value solutions can help you reduce costs and target opportunities for continuous improvement. For more information visit www.paisleyconsulting.com.

Contacts
Stacey Billy
Paisley Consulting
763-450-4821
stacey.billy@paisleyconsulting.com