2005 News

Axena CEO to Speak at the Institute of Internal Auditors All-Star Conference in Las Vegas

Orlando, Fla. --- Frank Hailstones, president and chief executive officer of Axena, Inc., an Orlando firm that specializes in development of sophisticated corporate governance software, has been invited to speak at the Institute of Internal Auditors All-Star Conference Showcase during the group’s conference in Las Vegas, Oct. 18-25.

Hailstones plans to present a blueprint for achieving an appropriate level of documentation for compliance with Section 404 of the Sarbanes-Oxley Act, which holds corporate CEOs responsible for their firms’ filings.

Hailstones was selected by conference officials for the excellence of his presentation. Referring to the Sarbanes-Oxley Act, Hailstones said, “Many public companies were overwhelmed by the documentation requirement of the Act or were overly cautious in their compliance approach,” explained Hailstones. “However, there are proven methods for evaluating and implementing control documentation that will not only allow companies to achieve compliance but that will also uncover areas of high risk and even opportunities for growth.”

Axena ranks as one of the world’s leading producers of corporate governance software.

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For more information, please contact:
Natalia Warren, Axena, Inc. 407-447-0050, ext. 213
Tom O’Neal or Carol Ann Dykes, UCF-Technology Incubator, 407-882-0202
Larry Vershel, Larry Vershel Communications, 407-644-4142

About Axena™ Inc.
Axena, Inc. provides Corporate Governance and Enterprise Risk Management solutions to both the US and international markets. Operating through its US headquarters in Orlando, FL and its international headquarters in the UK Axena provides industry leading compliance, enterprise risk management and corporate governance software and advisory services. (www.axena.com)

About the UCF Technology Incubator
Since its founding in 1999, the UCF Technology Incubator has helped more than 80 emerging technology companies create over $175 million in revenue and more than 630 new jobs with an average salary of $59,000. As a result of this success, the UCF Technology Incubator was recently named the 2004 Technology Incubator of the Year by the National Business Incubation Association. Headquartered in Research Park near the University, the Incubator is a true collaboration in economic development between UCF, Orange County, the City of Orlando the Florida High Tech Corridor Council and the Metro Orlando Economic Development Commission. For more information, please visit http://www.incubator.ucf.edu

 

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