“With dozens of successful customer implementations, Movaris has demonstrated impressive leadership in the market for SOX compliance and financial control management applications,” said Chris Hollenbeck, managing director at Granite and new Movaris board member. “Movaris has assembled an exceptional team that is uniquely qualified to address this market. Combine that with innovative technology that brings much-needed automation to finance organizations, and we think you have the best solution for the customer.”

“Last year, public companies spent billions of dollars implementing Sarbanes-Oxley compliance measures with manual processes,” said Eric Keller, chief executive officer of Movaris. “In 2005, thousands of companies face the on-going cost of compliance. Movaris Certainty© drives dramatic reduction in these costs. In addition, our software simultaneously provides a foundation of critical and timely management information to reduce the number and magnitude of issues, and improve financial control environments.”

About Adobe Ventures
Adobe Systems Incorporated formally launched a targeted venture capital partnership in 1994 with Granite Ventures, LLC (formerly H&Q Venture Associates) to invest in innovative companies strategic to Adobe's business. The strength and experience of Adobe, partnered with the endorsement and investing experience of Granite Ventures, makes the Adobe Ventures funding model unique, and allows the entrepreneur access to additional resources within one program.

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