Logicworks Completes SAS 70 Report
NEW YORK, May 1, 2006 -- Logicworks (www.logicworks.net), an enterprise level Managed Service Provider (MSP), today announced that it has successfully completed its Statement on Auditing Standards No. 70 (SAS70), Type II examination in conformity with the controls and objectives of independent auditor, Rothstein Kass.
The SAS 70 provides assurance about whether the descriptions of the service organizations’ controls are fairly stated, whether the controls are suitably designed, whether these controls are operating effectively, and provides guidance for independent auditors who issue reports on the processing of transactions by a service organization for use by other auditors.
Logicworks customers who are required to comply with regulations such as Section 404 of the Sarbanes-Oxley Act, which requires management to establish, maintain and assess an internal control structure for financial reporting, can now take immediate advantage of this certification. By outsourcing data hosting or transaction processing that affect a company's financial reporting to Logicworks, customers have an immediate means to have the necessary data center controls in place to satisfy their compliancy needs.
"Our compliance-conscious high-availability customers require the business assurance and compliance that only a SAS 70 Type II report can provide," explained Ken Ziegler, Logicworks CFO. "The controls that were tested provide a clear indication of Logicworks’ operating effectiveness — specifically in terms of our ability to deliver on the promises we make to customers regarding policies and procedures, physical and data security, and data backup and recovery services."
Achieving SAS 70 Type II compliance confirms Logicworks' security-minded operating policies and procedures. All of Logicworks' managed services — which include security, backups and recovery, high-availability clustering, storage, database support for Oracle, Microsoft, and MySQL, and corporate email hosting — are designed from the ground up to provide peace of mind to the customer. Additionally, all services are provisioned and delivered via LogicOps, Logicworks' proprietary managed services platform, that provides full transparency to the customer via the online service portal.
About Logicworks:
Logicworks® is an enterprise hosting provider specializing in fully fault-tolerant high-availability database solutions. Logicworks owns and assumes full operational responsibility for hardware, security and availability, allowing customers to focus on their applications rather than their infrastructure. As customer service remains the key determinant of satisfaction, retention, and referrals, Logicworks remains focused on continually improving its customers’ experience. The company was founded in 1993 and is headquartered in New York City.
