ENDEXX Corporation (Other OTC:EDXC.PK), provider of VisualBoardBooks' ePortal XRM Technology, announced today that its flagship VisualBoardBooks service is now being hosted at an enterprise class SAS 70 compliant data center.
"ENDEXX Corporation understands the significance of corporate governance, and the need to provide clients with best of breed security solutions. This move demonstrates our continued commitment to excellence and the importance we place on being a trusted service provider," stated Michael Atkins, CEO of ENDEXX.
Chief Information Officer of ENDEXX, Gordon Humphrey, stated, "ENDEXX is very excited about adding SAS 70 compliance to the growing list of security-related features built into the VisualBoardBooks service. While SAS 70 compliance will help bolster our secure infrastructure, it is only one of the many things that ENDEXX is doing to protect our clients' confidential documents and information."
WHAT IS SAS 70?
SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants. A SAS 70 examination evaluates a service organization's controls as they relate to an audit of the financial statements of its customers and is often required by public companies and their auditors.
WHO REQUIRES SAS 70?
ENDEXX provides services to highly regulated industries including mutual funds, banks, insurance and energy companies. Companies in these industries are scrutinized by regulatory agencies for corporate governance, risk management regulatory compliance. Best practices and security are required.
Atkins added that Katie Winchester, Chairman of the Board, and Judy Long, Chief Operating Officer, both of Citizens National Bank, selected VisualBoardBooks to upgrade their board books management and document management services. "As a leading bank, Citizens National Bank requires SAS 70 level services. Judy Long is 100% committed to the security of customer information and financial data. They provide annual internal audits of data and services. VisualBoardBooks is focused on security."
In the Utility Industry, the company provides SAS 70 level services. Anne MacDowell, Director of Information Security at Tucson Electric Power, stated, "Information security is very important and we are pleased that VisualBoardBooks demonstrates best practices with SAS 70 compliance. We are pleased with their technical and secure services."
WHAT IT MEANS TO OUR CUSTOMERS
SAS 70 compliance demonstrates:
-- An independently confirmed level of security and reliability
-- Compliance with emerging regulatory mandates including Sarbanes-Oxley
-- Conformity to a strictly defined standard of data integrity and
ENDEXX has focused all of its resources to position VisualBoardBooks' XRM Technology(TM) as the dominant ePortal board book solution and platform for the highly regulated corporate governance industry. VisualBoardBooks, Inc. is a division of publicly traded ENDEXX Corporation, a company dedicated to providing online board books for corporate governance to the highly regulated and public companies.
VisualBoardBooks provides a web-based service that helps corporate boards maintain their books efficiently and cost-effectively. The service is powered by the company's eXecutive Relationship Management(TM) technology (XRM). This new, proprietary XRM-based solution enables executives, directors, counsel and staff the ability to manage board books and critical corporate information online, reducing risk. Features include: archival and real-time books; calendar and scheduling; documents, committees, email and contact lists; telephone and video conferencing; and a unique drag and drop Agenda Designer(TM).
Source: ENDEXX Corporation
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