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Penta Prepares for SAS70 Type II Compliance

June 24, 2009, Geneva, Switzerland – Penta, a leading global provider of managed hosting services with locations in Geneva, Zurich and Dubai (DIFC), is performing necessary control validations for SAS70 Type II audit by end of 2009. SAS70, or Statement on Auditing Standard, is an internationally recognized auditing system developed and maintained by the American Institute of Certified Public Accountants (AICPA) and is awarded to service organizations that have implemented stringent internal controls which satisfy certain regulatory requirements such as the Sarbanes-Oxley Act of 2002.

By providing customers with SAS 70 Type II audit report, Penta can help them control the costs of regulatory compliance, as well as offer assurance that it has established effective internal controls over the hosting of customer data. Penta’s preliminary audit, conducted by KPMG, a global professional services firm, focused objectives in the following areas which will be fully audited by December 2009:

• Organizational
• Logical Security
• Physical Access
• Application
• System Maintenance
• Change Control
• Backup and Restore
• Business Continuity controls
• Service Level Management

"In today’s global economy, it is critical for service organizations such as Penta to adhere to the highest regulatory standards on behalf of its clients", said Farhad Khalilnia, CEO of Penta. "We look forward to the successful validation of our controls and processes while helping our customers minimize the costs and risks of their own separate review."

In partnership with Penta, companies can reduce the costs and complexities of managing their IT infrastructure and applications via the Software as a Service (SAAS) model, while simultaneously improving application availability, performance, security and now compliance.

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Penta　is an information system management company - Limited Company under Swiss Jurisdiction - founded in 1996 and based in Geneva, Switzerland with a second location which opened in Dubai (DIFC) in January 2009. Our mission is to bring top quality service to our clients and build a broad partnership resulting in handling all information needs under one roof. When partnering with Penta, your organization can benefit from utmost reliability, security, and industry expertise. Penta offers around the clock, world-class dedicated and secure infrastructure to its customers. We're always looking for new ways that technology can assist our clients stay highly competitive. This results in a win-win partnership and the assurance of high (ROI) Return On Investment for our clients.  Additional information is available at www.penta.ch