Intacct Web-Based Accounting Service Selects Exodus Communications to Host Internet Operations

Intacct Chooses Leading Internet Hosting Provider to Provide 24/7 Security And

Reliability Through Safeguarded Measures and Extensive Security Features

May 08, 2001, 01:00 ET from Intacct Corporation

    LOS GATOS, Calif., May 8 /PRNewswire/ -- Intacct Corporation, the leading
 provider of professional-strength web-based accounting and related online
 business services, today announced its selection of Exodus Communications(R)
 Inc. (Nasdaq:   EXDS) as the hosting provider for its Internet operations.
 Exodus is a leader in complex Internet hosting services, with more than
 4,500 customers worldwide.
     Exodus' reputation for high reliability and security has led many of the
 world's leading online companies to select Exodus as the host for their web
 sites and applications. Additionally, many of Exodus' Internet data centers
 (IDCs) have already passed stringent security audits performed by Deloitte &
 Touche LLP that ensure compliance with specific security standards relevant to
 customers within the financial services sector. These audits are conducted
 over a six-month time period, and the findings are reported in the statement
 on auditing standards No. 70 (SAS 70).
     "CPAs and other accounting providers are committed to keeping client data
 secure and confidential, with no exceptions," said Intacct Corporation's CEO
 David Thomas in announcing the selection of Exodus. "Intacct takes this
 commitment seriously, and our partnership with Exodus speaks directly to our
 clients' needs for iron-clad security and privacy."
     Exodus' hosting facilities include the following security and uptime
 safeguards:  on-site security officers, security breach alarms, biometric
 (hand-scanning) access and exit sensors, continuous video monitoring,
 electronic motion sensors, uninterruptible power supply (UPS) and backup
 generators, early-detection smoke detectors, and seismically braced server
 racks. Teams of system administrators monitor the network on a 24/7 basis.
     About Exodus Communications (
     Exodus Communications is the leading provider of complex Internet hosting
 for enterprises with mission-critical Internet operations. The company offers
 sophisticated system and network management solutions, along with professional
 services to ensure optimal performance for customers' web sites. Exodus
 manages its network infrastructure via a worldwide network of Internet Data
 Centers (IDCs) located in North America, Europe, and Asia Pacific.
     About Intacct Corporation (
     Intacct Corporation is the leading provider of professional-strength
 web-based accounting and related online business services. The Intacct service
 is designed for companies that need more than an entry-level PC-based
 accounting package but want an alternative to complex, IT-intensive
 client/server solutions. Offered on a monthly subscription basis, the Intacct
 service can be accessed via any current web browser.
     Intacct is headed by accounting software pioneer David C. Thomas,
 developer of one of the first PC-based accounting systems. The company is
 funded by Hummer Winblad Venture Partners, JK&B Capital, Goldman Sachs & Co.,
 Deloitte & Touche LLP, Matsushita Electric Industrial Co. Ltd., and Caltos
 Capital LLC.
     NOTE:  Exodus Communications and Exodus are trademarks for Exodus
 Communications, Inc., and may be registered in certain jurisdictions.
     All other trademarks belong to their respective owners.
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SOURCE Intacct Corporation