Raleigh, NC — July 27, 2006
Hosted Solutions, the Carolinas' leading data center and Web hosting company, today announced that it has completed a SAS 70 Type II Audit. Each of the company's three data centers in Raleigh, Cary and Charlotte have earned SAS 70 compliance.
It is a great achievement and testament to our dedication to providing only the highest standards of service to our customers that Hosted Solutions has concluded our SAS 70, says Rich Lee, CEO of Hosted Solutions. SAS 70 has become the industry standard for data center controls and compliance and we are thrilled to have completed the process all the way through a Type II report.
Statement on Auditing Standards (SAS) No.70 is an auditing standard developed by the American Institute of Certified Public Accountants (AICPA). A SAS 70 audit validates that a service organization has completed an in-depth audit of their control activities, which include controls over information technology processes. A Type I report describes the service organization's description of controls at a specific point in time. A Type II report not only includes a description of controls, but also includes detailed testing of those controls over a minimum six month period.
SAS 70 was created in 1998, but received wide spread adoption after the Sarbanes-Oxley act of 2002. Developed as a direct response to the corporate scandals of 2001-2002, Sarbanes-Oxley requires dramatic increases in institutional control from publicly traded companies.
Hosted Solutions will be in a very select group of data center providers nationally that have certified all of their facilities with both a SAS 70 Type I and Type II audit. For more information, or to receive a copy of Hosted Solutions' SAS 70 report, please call 919.852.0690 (Raleigh), or 704.423.9174 (Charlotte).
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Hosted Solutions' high quality Data Center and Managed Hosting services maintain and protect customers' mission-critical IT systems and applications, enabling them to reduce operating costs, lower the risk of downtime, focus on core competencies, and achieve their top business objectives. The company operates SAS 70 Type II Certified facilities in Boston MA, Charlotte NC, Raleigh NC, and Cary NC, providing best-of-breed data center operations with hardened physical infrastructure, the highest level of security, and a complete managed services portfolio. Hosted Solutions was acquired by Boston-based private equity firm ABRY Partners in April 2008 for $144 million. For more information, please visit www.hostedsolutions.com.
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