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iRise Announces Sponsorship of International Institute of Business Analysis

iRise Joins The IIBA in Support of Growing Business Analyst Community

EL SEGUNDO, Calif. –— July 19, 2005 — iRise®, In a continuing effort to better meet the needs of the business analysis community, today announced that it has become an international corporate sponsor of the International Institute of Business Analysis (IIBA), a non-profit association that represents the professional interests of business analysis professionals.

“We are delighted to support the IIBA as a corporate sponsor,” said Mitch Bishop, chief marketing officer at iRise. “Business analysts are the essential link between IT and the business in many organizations, yet there are precious few resources and technologies that empower business analysts to become better at their jobs . We applaud the efforts of the IIBA in catalyzing this community and look forward to contributing world-class best practices and application definition products to the cause.”

The sponsorship affords iRise participation in IIBA events, branding and editorial opportunities in the organization’s newsletter, and collaboration on other joint marketing initiatives. In addition, the sponsorship allows iRise to share its experiences, skills and technology with the organization’s membership.

“The knowledge and expertise in application definition that iRise will bring to the IIBA will be invaluable in assisting our members in their professional growth,” said Kathleen Barret, president of the IIBA. “We look forward to working with iRise to facilitate the public recognition of the business analysis profession and to sharing with our members the benefits that a product such as iRise can provide.”

Formally established in March 2004, the IIBA is the first organization of its kind in the world to develop and maintain standards for business analysis professionals and to provide formal certification of qualified practitioners. To learn more about IIBA, visit www.iiba.com.

About iRise
iRise® is dedicated to bridging the communication gap between business and IT by improving the process of defining software. Global corporations like Agilent, CNA, CSAA, Health Net, Sprint, SunTrust and Wachovia use its market leading application definition platform to get requirements right - the first time. iRise application simulations cut rework costs, accelerate time to market and reduce the risks associated with global development on mission-critical business systems initiatives. Unlike text-based requirements, visual iRise simulations are unambiguous and enforceable specifications that ensure the needs of the business are clearly understood and met. iRise simulations can be built by business experts and used in a collaborative global model to quickly iterate on stakeholder requirements with business people, dramatically improving project success. Headquartered in El Segundo, Calif., iRise is backed by Morgan Stanley Venture Partners and has sales offices across North America.




iRise Press Contact

Carla A. Schlemminger
iRise
+1.415.772.0827
carlas@irise.com


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