TruArx Achieves Record 176% Revenue Growth and Strong Customer Demand by prweb


									TruArx Achieves Record 176% Revenue Growth and Strong Customer Demand
Due to focus on customer value and cost-effectiveness, TruArx experiences record revenue and
sales growth in 2009.
Farmington Hills, MI (PRWEB) February 4, 2010 -- TruArx, the leading provider of cost-effective,
easy-to-implement IT Governance, Risk and Compliance (GRC) solutions, announced that it has achieved record
growth in 2009, in spite of a very difficult business climate. TruArx Software-as-a-Service (SaaS) revenue grew
by over 176% from 2008 to 2009. Sales growth was also significant, with the total value of new SaaS contracts
increasing by over 88% from 2008 to 2009.

 Top accomplishments for 2009 include integrating the Unified Compliance Framework to expand the number of
regulations and standards supported to over 400, growing and enhancing reseller relationships with national
organizations such as Fishnet and Accuvant, releasing integrated ASV scanning for partners, introducing flexible
data reuse options to reduce data gathering effort and costs, and delivering over 200 feature enhancements.

 “I am very excited about the results TruArx was able to achieve this year despite a poor economy,” said Robert
Capinjola, President of TruArx. “In 2009, most organizations faced intense budget and resource pressure. As a
result, risk and compliance program managers had to reduce both the cost and complexity of their programs
without exposing the organization to undue risk. Many organizations found TruComply to be one of the only
affordable solutions. What differentiates TruComply from any other solution is our delivery model and our ability
to provision clients in weeks versus months or years like many competitors. TruComply is only offered as a SaaS
which allows us to offer an IT GRC solution at the lowest possible price point. TruComply is the most
cost-effective solution on the market today.”

 About TruArx
 TruArx is a leading provider of cost-effective, easy-to-implement IT governance, risk and compliance (IT GRC)
solutions that address over 400 regulations and standards. TruArx software-as-a-service solutions allow clients to
quickly implement and continuously review security to improve protection and reduce the cost of compliance and
risk. By implementing these services and solutions, clients can optimize business performance and experience a
higher return on security program investments. TruArx is headquartered in Farmington Hills, Mich., with offices
in Austin, Texas, Columbus, Ohio, Denver, Colorado, Nashville, Tenn., and Washington, DC. For more
information, visit or call 800.658.8709.


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