Monday, November 29, 2004

Sterling Commerce Value-Added Network Attains Sarbanes-Oxley Readiness

Multi-Enterprise Collaboration innovator Sterling Commerce today announced that its value-added network, Sterling Information Broker, has passed the SAS 70 Type II (Statement of Auditing Standards Number 70) audit. The significance of the audit surrounds Section 404 of Sarbanes-Oxley Act of 2002, requiring service providers to have proper controls and processes in place when managing customer information.

The SAS 70 Type II assurance confirms that the Sterling Information Broker infrastructure has passed rigorous third-party testing and that it has strict processes in place relating to security, application development, communications, customer service and disaster planning.

"This is of great interest to our customer base, and quite an achievement for our company," said Nolan Rosen, Sterling Commerce chief marketing officer. "It means that we have gone above and beyond to meet strict regulations around the handling and reporting of business information."

"Auditors were onsite at our Columbus headquarters during much of September performing the audit of our operational controls," Rosen added. "It's gratifying to be able to say we had such outstanding results - and that our customer-driven efforts are paying off." During the past three years, Sterling Commerce added $30 million worth of enhancements to its value-added network.

Sterling Commerce Value-Added Network Attains Sarbanes-Oxley Readiness

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