SAN RAMON, California, November 5 /PRNewswire/ --

Prodiance Corporation, the leading provider of enterprise spreadsheet management solutions, today announced that it has won the 2007 Innovation Award from Windows in Financial Services magazine for "Innovation in Spreadsheet Risk Management and Compliance."

"Prodiance is an important ally of Microsoft's in the banking industry, and we're pleased they've been honored by Windows in Financial Services magazine for innovation in the area of spreadsheet risk management and compliance," said Greg Haislip, U.S. banking industry solutions director, Microsoft Corp. "Prodiance has incorporated the newest advancements available in the 2007 Microsoft Office System into its solution, including integration with Microsoft Office SharePoint Server 2007, Outlook 2007 and the Windows Workflow Foundation, to the benefit of our mutual customers."

"Each year we recognize firms who have pushed the envelope on technology innovation to help their clients drive competitiveness and demonstrate leadership within financial services," said Joe Viviani, publisher of Windows in Financial Services magazine. "This year Prodiance has demonstrated these qualities by leveraging the latest enabling technologies available from Microsoft and incorporating them into the Prodiance Enterprise Spreadsheet Management solution."

"We are delighted and honored to receive the 2007 Innovation Award from Windows in Financial Services magazine," said Dr. Soheil Saadat, president and CEO of Prodiance Corporation. "More and more financial institutions are facing significant operational and compliance risks presented by uncontrolled spreadsheets. Through our unwavering commitment to innovation and strong relationship, Microsoft and Prodiance deliver an integrated technology solution to help organizations establish sound governance over mission-critical spreadsheets and Access databases."

Prodiance and the other firms chosen for the 2007 Windows in Financial Services Innovator Awards will formally accept their awards at the upcoming BAI Retail Delivery Conference & Expo in Las Vegas, Nevada, November 13-15, 2007. More information about the 2007 Innovation Awards from Windows in Financial Services can be found online at http://www.windowsfs.com.

About Prodiance

Prodiance delivers enterprise class software solutions to help organizations increase visibility and control over business critical spreadsheets and Access Databases while improving compliance and mitigating operational risks. Prodiance leverages over 17 years experience in delivering innovative technology solutions for highly regulated markets. Leading global organizations across the banking, insurance, capital markets, telecommunications, manufacturing, aerospace and defense, media and entertainment, food and beverage, health care, and educational markets have trusted Prodiance as a strategic partner to achieve their goals. Prodiance Corporation is an independent, privately held corporation based in San Ramon, California. Additional news and information about Prodiance solutions, products and services is available at http://www.prodiance.com or by calling +1-866-569-5678.

Web site: http://www.prodiance.com

Eric Perry, Vice President, Marketing of Prodiance Corporation, +1-866-569-5678, eric.perry@prodiance.com