Confident Governance Named Amongst Startup Open's 50 Most Promising Companies

Online, October 19, 2011 (Newswire.com) - "Democratizing Governance in the Cloud Economy"

Award winning Governance as a Service® platform leader ConfidentGovernance.com today announced that they have been named as one of Startup Open's "Global Entrepreneurship Week 50"that honors the fifty most promising startups.

ConfidentGovernance.com products are the first "native' purpose built Cloud GRC solutions that focus not just on internal governance but focus on continuously monitoring Collaboration driven Social GRC leveraging real-time dynamic risk based information from the world based on social media channels like Twitter, Facebook and geo-spatial information from Google. With a mission to "Democratize Governance", the ClearGRC® platform is the only "Platform as a Service" Cloud based GRC platform that leverages the CSA GRC stack across all GRC and security functions, including Compliance Management, Legal Risk Management, Vendor Risk Management, Threat and Vulnerability Management and all other aspects of Security and Enterprise Risk Visualization. Confident Governance products are listed on the biggest Cloud Computing commercial App market for business on Force.com AppExchange and can be found at http://bit.ly/ClearGRCand http://bit.ly/SocialGRC.

"Cloud Computing is revolutionizing how we execute and implement Information Technology. We are extremely proud to be nominated in our first year of launch along with such an impressive group of companies", said Bhavesh C. Bhagat, Co-founder and of Confidence Governance and Chairman of EnCrisp.

About Startup Open - Startup Open recognizes promising new startups around the world in a global competition that is open to any entrepreneur who has just started, or is about to start, a new venture. The 50 most promising startups from around the world will be recognized as "The GEW 50," based on a range of criteria including strength of concept, growth projections and knowledge of the market.

About GEW - Global Entrepreneurship Week is the world's largest celebration of the innovators and job creators, who launch startups that bring ideas to life, drive economic growth and expand human welfare.