Core Services Corporation Achieves Seventh Consecutive Year of SAS 70 Type II Compliance

Client Data Secure Under Core Services' Exacting Industry Controls

UNION, N.J., Nov. 30 /PRNewswire/ -- Core Services Corporation ("Core Services"), an Oracle Certified Partner, announced that, since 2003, it has achieved consecutive annual compliance under the guidelines of American Institute of Certified Public Accountants' Statement on Auditing Standards No. 70 ("SAS 70"), with no exceptions on controls placed in operation or tests of operating effectiveness. The more exhaustive "Type II" audit, applicable to Core Services' Oracle hosting managed service clients, was conducted by New York-based accounting and consulting firm, Eisner LLP.

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"Such an impressive achievement is independent confirmation that Core Services' Oracle hosted clients are in secure hands with Core Services as their strategic partner. Leveraging and harnessing Core Services' application of SAS 70 Type II-compliant best practice processes and operations discipline, that meet demanding audit criteria within a robust, secure infrastructure, is validation of our clients' confidence and trust in us," says Jim Bistis, Core Services' President and CEO.

Bistis adds, "Core Services' extended track record of successful SAS 70 Type II compliance audits truly distinguishes Core Services as a market leader and sets it apart from less operationally- and financially-sound competitors."

"In achieving SAS 70 Type II compliance, Core Services continues to enhance its ability to support companies, who outsource their Oracle Applications, in fulfilling their obligations seamlessly under Sarbanes Oxley, HIPPA, and other strict regulatory requirements," Bistis concludes.

Statement on Auditing Standards No. 70 ("SAS 70")

Established by the American Institute of Certified Public Accountants, SAS 70 is a widely recognized auditing standard for service organizations to demonstrate they have adequate controls and processes in place. A service auditor's examination performed in accordance with SAS No. 70 is widely recognized because it represents that a service organization has been through an in-depth audit of their control objectives and business activities, which often include controls over information technology and related processes.

About Core Services:

Core Services Corporation, an Oracle Certified Partner, delivers Oracle-based business operations solutions and information systems and support to clients worldwide by providing award-winning Oracle Consulting and Hosting services. Additionally, Core Services is authorized to sell and service Oracle E-Business Suite, leveraging the Oracle Business Accelerators. Focused exclusively on Oracle Applications since 1990, Core Services also offers Managed, Remote DBA, Disaster Recovery, and Consulting services for new Oracle implementations and upgrades. For more information about Core Services, visit http://www.coreservices.com.

Contact:
Jennifer A. Lasida
Director of Marketing and Events
Core Services Corporation
+1 281-394-2360
jlasida@coreservices.com

SOURCE Core Services Corporation

RELATED LINKS
http://www.coreservices.com