Duffy, president and CEO of OpenPages. One-hundred percent configurable by
business users, OpenPages ORM completely matches an organization's unique
risk management framework. OpenPages
solutions improve corporate accountability , reduce disclosure process
costs, assure organizational performance and increase stakeholder
confidence via a unified system of record for every significant process,
risk and control throughout the enterprise . The company is headquartered in Waltham,
Massachusetts, with international headquarters in the United Kingdom and
Hong Kong, and regional offices throughout North America.com for more information.

Media Relations:
David Sharpley
SVP Marketing
MetaSolv Software, Inc . "The ClearCube
offering provides a unique approach to leveraging computing resources as both
a workstation and a grid.

invoicing barium

MetaSolv's multi-vendor, multi-service
activation capabilities have been deployed by more than 70 operators in over
25 countries for an array of services including Voice , VoIP, DSL, ATM, Frame
Relay, Optical and IP."
"This partnership creates an agile solution for our joint financial
services customers," said Peter Lee, CEO of DataSynapse. is a global provider of virtual application
infrastructure software.com

Kevin Doak
Text 100
617-399-4931
kevind@text100.

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MetaSolv's IP service activation solution provides Cellcom with a single
software platform to streamline the management of the series of tasks
necessary to deliver real-time, dynamic services.
MetaSolv is a registered trademark.

widgets iso9000

openpages.

The world's largest corporations in diverse markets -- including financial
services, manufacturing, telecommunications , media/entertainment,
retail/consumer, energy, high technology, health services and life sciences
-- rely on OpenPages for cost-effective, efficient, sustainable governance,
risk and compliance management. All other trademarks are
property of their respective owners.

profitablity provisioning


OpenPages, the leading provider of governance,
risk and compliance management (GRCM) solutions, today announced the
availability of OpenPages ORM, a software solution that enables
organizations to identify, measure, monitor and manage operational risk on an integrated,
company-wide basis. It helps business managers make more informed
decisions, enhancing visibility into the corporate risk landscape across
all geographies , lines of business and functional organizations. Executive-level dashboard and reports provide
visibility into key risk metrics and policy compliance, while business
process automation capabilities provide for real-time event escalation;
automated risk processes, such as loss event root-cause analysis; and,
streamlined remediation of issues and action items.
Basel II incorporates substantial changes in the guidelines in several
areas, and makes operational risk a new requirement. MetaSolv to Provision Mobile Convergent Services Across Extensive MPLS VPN
Network

PLANO, Texas, MetaSolv Software, Inc. For more information,
visit http://www.

disbursement simprocess

With OpenPages ORM, risk managers reduce the likelihood
of unexpected business events to improve operating margins , minimize
earnings volatility, increase efficiency, ease regulatory burdens and
optimize capital allocation reserves.
With the combination of the DataSynapse software and ClearCube's PC
Blades , financial services firms have an ideal platform for performing real-
time analyses that drive improved business decisions.

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"OpenPages
ORM is the corporate system of record for identifying, measuring and
monitoring operational risk. OpenPages ORM provides
facilities for both manual and automatic data inputs from internal and
external data sources. OpenPages ORM
enables organizations to implement a compliant operational risk management
process that:

-- Automates risk and control self assessments;
-- Tracks loss events and near misses;
-- Incorporates external loss database data;
-- Categorizes risk and losses according to Basel II categories; and,
-- Provides executive-level reporting.com .
MetaSolv's IP activation capabilities enable rapid and efficient
provisioning of complex IP services, including Layer 2 and Layer 3 MPLS-based
VPNs, Virtual Private LANs (VPLS), Traffic Engineering Paths and IP Quality of
Service, over large-scale, multi-vendor and multi-OS IP networks . This hardware and software combination is
the first of its kind for the financial services and insurance industry.

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MetaSolv is working with Netcom, the Systems Integrator for this
deployment. Investment banks, hedge funds, retail banks and
insurance companies already use ClearCube PC Blades and management software to
deliver secured, high-availability computing to end-users while cutting
support costs by more than 40 percent.com.

ClearCube Press Contacts:
Ken Knotts
ClearCube Technology
512-652-3425
ken@clearcube.

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"We expect OpenPages ORM will enable us to create a comprehensive framework
for managing operational risk throughout the company," said Richard
Brilliant, vice president of audit services at Carnival Corporation and
plc.

Maximize End -User Participation, Minimize Time to Deployment

With its intuitive browser-based interface and consistent navigation,
OpenPages ORM is extremely easy to use. Cellcom was the first to launch a GSM/GPRS network in Israel, in
addition to its TDMA infrastructure. ClearCube was
recently awarded the "Best Blade System" by InfoWorld magazine's Technology of
the Year awards.com.

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OpenPages ORM combines powerful document and process management
with flexible monitoring capabilities in an extremely easy-to-use
environment, enabling organizations to easily and efficiently analyze risk
profiles , mitigate risks and remedy issues and action items. "The ability to automate provisioning for complex VPN services
across our multi-vendor IP-based infrastructure allows us to continually
expand our service offering and maintain our commitment to customer service
excellence.
ClearCube's blades are an ideal grid-computing platform for several
reasons. Finally, since the entire infrastructure is in a
secured, controlled environment, management of the grid is simplified and
network latency is reduced. The company is headquartered in New York and can be found on
the World Wide Web at http: //www.255.

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"Establishing a risk and compliance architecture is the next step to
achieve common needs for transparency, operational efficiency, and
proactive risk management. OpenPages has anticipated these evolving market
requirements with the release of OpenPages ORM on a platform that supports
the convergence of governance, risk and compliance. Automating network
configuration processes for MPLS-based VPNs helps reduce operational costs,
speeds time to market, and significantly reduces order errors and order
fallout. MetaSolv is a global company, headquartered in
Plano, Texas.

About ClearCube Technology
ClearCube Technology is the pioneer and market leader in Blade computing,
hardware and management software.

provisioning workmanager


"MetaSolv's global IP VPN activation leadership and market-proven mobile
solutions are key considerations for large service providers such as Cellcom ,"
said David Sharpley, MetaSolv's senior vice president of marketing and product
management.com


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Risk
self-assessment capabilities enable organizations to document and evaluate
their risk frameworks, including processes, risks, events, key risk
indicators and controls. "By creating a fully configurable environment with built-in document
management, workflow and powerful reporting capabilities, OpenPages will
significantly advance our operational risk management practices with new
levels of insight into our business operations. More than 180 global service providers -- including Brasil Telecom,
BT, Cable + Wireless, Nextel, O2, T-Mobile, Vodafone, and others -- use
MetaSolv 's solutions to achieve increased revenues, reduced costs, and
enhanced customer service.
(613) 287-8200
dsharpley@metasolv. By coupling DataSynapse's GridServer(R)
software with ClearCube's award-winning PC Blade platform, enterprises now
have a grid-computing solution that delivers increased performance, efficiency
and scalability.com

DataSynapse Press Contact:
Grace Pai
Articulate Communications Inc.com


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"The goal of operational risk management is not to eliminate risk, but to
better understand the potential exposure and manage it to appropriate
levels," said Michael J. Key risk indicators provide
capabilities for tracking risk metrics and thresholds, with automated
notification when thresholds are breached.
"After extensive testing and research, we selected MetaSolv's IP service
activation solution because of its comprehensive, out of the box feature set
coupled with its flexible and scalable architecture that will easily allow us
to activate additional services as we grow," said David Ittah, Director of OSS
at Cellcom.5 million
subscribers. Netcom specializes in organizational end-to-end networking
solutions.

telemagic insures

"

"Many organizations are recognizing that Sarbanes-Oxley initiatives are a
component of enterprise governance and risk management," said Kathleen
Wilhide, Research Director, Compliance and BPM Solutions at IDC Research."
Cellcom is Israel's largest wireless operator with more than 2.Joint Offering Significantly Increases Performance, Efficiency and Scalability

AUSTIN, Texas, ClearCube Technology, the market
leader and pioneer in PC Blade computing, today announced a partnership with
DataSynapse, a global leader in virtual application infrastructure, to deliver
a grid-enabled PC Blade platform. "ClearCube PC Blades deliver one centralized secure computing
platform that can be used for both end-user workstations and a grid-computing
environment. DataSynapse helps clients
improve business agility while reducing the cost and complexity of their IT
infrastructure .

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For more information on OpenPages' line of enterprise governance, risk and
compliance management solutions or to register for an online demonstration,
please call 781-647-3800 or visit www.
MetaSolv 's multi-service order management, inventory management, and service
activation capabilities automate the order-to-activate provisioning process
for traditional and next-generation IP-based wireline and mobile service
providers.

ClearCube and DataSynapse Partner to Create the First Grid-Enabled PC Blade Solution for the Financial Services Industry

0080, ext.

networkable timesheet

For banks to comply
with Basel II and take full advantage of its reduced capital allocation
requirements, they need a comprehensive operational risk management
framework and processes in place within their companies. First, PC Blades provide the best price/performance/density metrics
because they leverage the latest Intel Pentium 4 and Xeon blades in a dense
form factor.

networkable pharos

, a
global leader in comprehensive service fulfillment solutions for
next-generation communications service providers, today announced that
Cellcom Israel , the leading telecommunications operator in Israel, has
selected MetaSolv's IP service activation solution to provision mobile
convergent access services across their extensive MPLS VPN network.

ClearCube is the leading provider of PC Blade computing solutions in the
financial services sector. The company's flagship products, GridServer(R) and
FabricServer(TM), virtualize business -critical applications and adaptively
provision them across a shared infrastructure. By deploying ClearCube Blade solutions,
customers have dramatically reduced their support costs while improving the
security and availability of their computing infrastructure.
212.

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MetaSolv
delivers high-reliability activation through stateful service management,
network auto-discovery and synchronization , as well as sophisticated
policy-based configuration management. This is of vital
importance for users who conduct risk analysis, portfolio management and
insurance actuarial models.

jpa workmanager

OpenPages ORM
provides statistical and trend analysis capabilities and enables end-users
to track remedies and action plans.

Cellcom Israel Selects MetaSolv for IP Service Activation


Financial services and insurance firms have been the leading adopters of
computing grids to run complex portfolio analysis , capital reserve, risk
assessment, and actuarial models.
DataSynapse is the leading provider of virtual application infrastructure
software in the financial services sector. Second, ClearCube PC Blades provide for greater flexibility
because they can be dual-used (end-user computing by day /grid-computing by
night).

simprocess cati

"

OpenPages ORM automates the process of identifying, measuring and
monitoring operational risk, integrating all risk data -- risk and control
self assessments, loss events and key risk indicators -- in a single
solution. Personalized, user-specific home
pages make the user experience extremely efficient and ensure rapid
end-user adoption and productivity . The company's portfolio of
solutions includes SOX Express, the market-leading enterprise application
for automating the compliance requirements of Sections 404 and 302 of the
2002 Sarbanes-Oxley Act, and
OpenPages ORM, an enterprise risk
management software solution that enables entities to identify,
measure, monitor and manage operational risk on an integrated, company-wide
basis . The DataSynapse GridServer software
virtualizes and distributes application services and executes them in a
guaranteed, scalable manner. By creating a virtualized environment that
matches demand (user/application service requests) and supply (available
system and data resources), GridServer provides an "on demand" environment
that dramatically improves application performance, resiliency and utilization
of resources. Combining the flexibility of GridServer with
ClearCube PC Blades creates a simple but powerful tool for financial services
professionals.

workmanager timesheet

"

Optimize Basel II Capital Allocation Reserves with OpenPages ORM

The Basel Accord defines regulatory guidelines for international banking. OpenPages ORM is built on OPX, OpenPages'
governance, risk and compliance management platform, an architecture that
merges collaboration, workflow, document management and publishing to
improve corporate accountability, reduce disclosure process costs, assure
organizational performance and increase stakeholder confidence. Visit http://www.
"By partnering with DataSynapse , we are able to deliver a grid-computing
environment that is unmatched in the industry in terms of flexibility,
scalability and price," said Carl Boisvert, president and CEO of ClearCube
Technology . 16
gpai@articulatepr.

wms networkable

All other trademarks contained
herein are the property of their respective owners."

About MetaSolv
MetaSolv, Inc.

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PRESS RELEASE OpenPages Introduces Operational Risk Management Software Solution



About OpenPages

Founded in 1996, OpenPages develops enterprise governance, risk and
compliance management (GRCM) solutions that optimize internal controls ,
reduce risk exposures and empower effective corporate oversight.metasolv. Third, ClearCube PC Blades enable the enterprise to easily scale up
(or down) in smaller increments so that large, up-front infrastructure
investments are not required."

About DataSynapse
DataSynapse, Inc .datasynapse.clearcube.

profitablity businessworks







SOX Compliance SoftwareSarbanes-Oxley Compliance


With loss event tracking, risk managers can track loss incidents and near
misses, recording amounts, root causes and ownership.

OpenPages is a trademark of OpenPages, Inc. "By leveraging MetaSolv's extensive experience in deploying
large-scale VPNs, operators can speed activation times and decrease time to
market for new services while at the same time reducing their operating
costs. (Nasdaq: MSLV) is a global leader in comprehensive service
fulfillment software solutions for communications service providers. The MetaSolv logo and MetaSolv
Solution are trademarks of MetaSolv Software, Inc. ClearCube has established a proven track record of success in
the financial services sector with leading customers such as Morgan Stanley,
Goldman Sachs , Bank of America and Lehman Brothers. Six of the top 10
investment banks have deployed ClearCube solutions.

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