Strategic Thought Inc., a provider of enterprise risk management software, recently announced that it will open new office space in Herndon, Va., on October 18, 2006. In less than two years, the U.S. subsidiary of U.K. technology and services company Strategic Thought Group has outgrown its original office at 2801 Worldgate Drive in Herndon.

The move to 950 Herndon Parkway will quadruple the company's office space and is in response to the realized and planned aggressive growth in new customers, existing customers and the staff base to ensure company success. The new office includes additional space for demonstrations of Active Risk Manager, the web-based enterprise risk management system and extensive meeting rooms for support and training facilities.

Strategic Thought worked with the Fairfax County Economic Development Authority to find the new location and chose Fairfax County because it is minutes from Washington, D.C., with access to domestic and international markets through Washington Dulles International Airport.

“The last 12 months has seen the Active Risk Manager user base increase to over 14,000 with customers in over a quarter of U.S. states, as well as in Canada,” said Karl Pringle, general manager of Strategic Thought. “The Washington, D.C., office will act as a launch pad as the reach of Active Risk Manager continues to spread across North and South America.”

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