ITresources Completes SAS 70 Audit

Business Wire,  Sept 27, 2007  

Tags: audit, SAS Institute

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BUENA PARK, Calif. -- Information Technology Resources, Inc. (ITresources) today announced that its hosting operation has completed the American Institute of Certified Public Accountants' Statement on Auditing Standards (SAS) No. 70 type II audit. SAS 70 is an internationally recognized audit for validating the internal controls of service providers and other businesses.

Federal regulations such as Sarbanes-Oxley (SOX), Gramm-Leach-Bliley and the Health Insurance Portability and Accountability Act (HIPAA) require corporations to audit the internal controls of their suppliers, including those that provide hosting services. By undergoing the SAS 70 audit, ITresources can provide its customers with a comprehensive audit report that facilitates compliance with these and other regulations.

For this initiative, ITresources retained the services of Mayer Hoffman McCann P.C., a leader in SAS 70 auditing. During the audit, Mayer Hoffman McCann P.C. benchmarked key functional elements of ITresources' hosting operation against best practices defined by Control Objectives for Information and Related Technology (COBIT), the IT Governance Institute's generally accepted standard for good information-technology security and control practices. These elements include technology infrastructure, backup processes, system reliability, internal controls and security.

"Our hosting business is strategic to ITresources, and our recent success in passing this voluntary SAS 70 annual audit demonstrates the strength of this business unit and our commitment to the hosted services strategy," said ITresources' President and CEO, Gary C. Gray. "The success of this review will make it easier for our hosted customers to comply with various state and federal regulations as it ensures that ITresources maintains the highest standards for quality and consistency in hosted processes."

About ITresources

Information Technology Resources, Inc. (ITresources) provides IT services and solutions through managed services, project-based initiatives and IT staffing. ITresources was established in November 1993 and is located in Buena Park, California. Our 46,000 square foot Data Center facility provides the secure, managed day-to-day operations of our clients' IT infrastructure. ITresources provides flexible, customized service to organizations of all sizes, using proven, certified methodologies used in the industry world-wide. ITresources' best practices include Capability Maturity Model Integration (CMMI) Level 5, Help Desk Institute (HDI) and SAS70 Compliance.

For more information, contact Valerie Tsang, Vice President of Marketing at 714-736-3400 or 866-736-5500. Email: Valerie.Tsang@itrweb.com.

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