Dorado Awarded Rigorous Auditing Standards Board Certification for Secure Financial Transactions

Deloitte & Touche LLP Audit of Dorado Confirms top Security for Critical

Technology in the Financial Services Industry



Apr 18, 2001, 01:00 ET from Dorado Corporation

    SAN MATEO, Calif., April 18 /PRNewswire/ -- Dorado Corporation, a leader
 in e-Commerce for banks, today announced certification by accounting firm
 Deloitte & Touche LLP under the rigorous Statements of Auditing Standards
 No. 70 (SAS70), Type II.  This certification ensures that Dorado's operational
 policies and procedures both address the rigorous requirements for banking
 operations involving personal customer data and are being followed by Dorado.
 The SAS 70 Review, established by the American Institute of Certified Public
 Accountants (AICPA), is a mandatory standard for service organizations, bank
 trust departments, and mortgage banks for electronic transaction processing.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010417/DORADOLOGO )
     The results of the six-month audit, performed by Deloitte & Touche,
 validate the effectiveness, security, and completeness of Dorado's internal
 controls.  The audit included comprehensive reviews and tests of Dorado's
 infrastructure, including logical and physical access, change management
 procedures, systems software, network policies, database policies, problem
 management, information systems operations, disaster preparedness and
 recovery, and data transmission.
     "This certification provides our customers with further assurance that
 their information is hosted in a secure environment and enables them to
 realize competitive advantages in the emerging world of global, real-time
 financial services," said Thomas Lounibos, Dorado President and CEO.  "Dorado
 recognizes the need to ensure the integrity and confidentiality of the
 sensitive information of our clients."
     The Auditing Standards Board (ASB) is the senior technical body of the
 AICPA designated to issue pronouncements on auditing standards.  Statements on
 Auditing Standards are interpretations of generally accepted auditing
 standards.
 
     About Dorado
     Dorado Corporation provides an e-Commerce platform and applications for
 building and retaining customer relationships in banking and financial
 services.  Our clients-the top 150 banks and financial institutions-use our
 technology and services to better market, sell, and deliver all their products
 through all their distribution channels.  Dorado products are delivered in a
 vertical service provider model.
     Dorado's products include the Relationship Commerce Platform(TM), an
 e-Commerce application server for building and retaining customer
 relationships; the e-Advisor(TM) application, used to market and sell
 financial services to consumers; and the e-Collaborator(TM) application, used
 to process and deliver across all channels.
     Dorado's customers are leading financial institutions including Chase
 Manhattan Mortgage Corporation, Washington Mutual, First Horizon Home Loans,
 GreenPoint Mortgage, and H&R Block Mortgage.  For more information, please
 visit www.dorado.com.
     NOTE:  e-Advisor(TM), e-Collaborator(TM), and Relationship Commerce
 Platform(TM) are trademarks of Dorado Corporation.  Other product and company
 names mentioned herein may be trademarks of their respected owners.
 
 

SOURCE Dorado Corporation
    SAN MATEO, Calif., April 18 /PRNewswire/ -- Dorado Corporation, a leader
 in e-Commerce for banks, today announced certification by accounting firm
 Deloitte & Touche LLP under the rigorous Statements of Auditing Standards
 No. 70 (SAS70), Type II.  This certification ensures that Dorado's operational
 policies and procedures both address the rigorous requirements for banking
 operations involving personal customer data and are being followed by Dorado.
 The SAS 70 Review, established by the American Institute of Certified Public
 Accountants (AICPA), is a mandatory standard for service organizations, bank
 trust departments, and mortgage banks for electronic transaction processing.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010417/DORADOLOGO )
     The results of the six-month audit, performed by Deloitte & Touche,
 validate the effectiveness, security, and completeness of Dorado's internal
 controls.  The audit included comprehensive reviews and tests of Dorado's
 infrastructure, including logical and physical access, change management
 procedures, systems software, network policies, database policies, problem
 management, information systems operations, disaster preparedness and
 recovery, and data transmission.
     "This certification provides our customers with further assurance that
 their information is hosted in a secure environment and enables them to
 realize competitive advantages in the emerging world of global, real-time
 financial services," said Thomas Lounibos, Dorado President and CEO.  "Dorado
 recognizes the need to ensure the integrity and confidentiality of the
 sensitive information of our clients."
     The Auditing Standards Board (ASB) is the senior technical body of the
 AICPA designated to issue pronouncements on auditing standards.  Statements on
 Auditing Standards are interpretations of generally accepted auditing
 standards.
 
     About Dorado
     Dorado Corporation provides an e-Commerce platform and applications for
 building and retaining customer relationships in banking and financial
 services.  Our clients-the top 150 banks and financial institutions-use our
 technology and services to better market, sell, and deliver all their products
 through all their distribution channels.  Dorado products are delivered in a
 vertical service provider model.
     Dorado's products include the Relationship Commerce Platform(TM), an
 e-Commerce application server for building and retaining customer
 relationships; the e-Advisor(TM) application, used to market and sell
 financial services to consumers; and the e-Collaborator(TM) application, used
 to process and deliver across all channels.
     Dorado's customers are leading financial institutions including Chase
 Manhattan Mortgage Corporation, Washington Mutual, First Horizon Home Loans,
 GreenPoint Mortgage, and H&R Block Mortgage.  For more information, please
 visit www.dorado.com.
     NOTE:  e-Advisor(TM), e-Collaborator(TM), and Relationship Commerce
 Platform(TM) are trademarks of Dorado Corporation.  Other product and company
 names mentioned herein may be trademarks of their respected owners.
 
 SOURCE  Dorado Corporation