PSP Completes SAS 70 Type 1 Audit

PRESS RELEASE

BELLEVUE, Wash., June 10 /PRNewswire/ -- Pacific Software Publishing, Inc. (PSP, Inc.), a Web hosting and Internet solutions company today announced its successful completion of a Statement on Auditing Standards No. 70 (SAS 70) Type 1 Audit of its processes and controls. The audit was performed by an independent auditing firm. The successful completion of this audit demonstrates PSP, Inc's commitment to developing and implementing controls and processes that ensure customer data is secure based on specific standards. The scope of the audit included PSP, Inc's server monitoring and security and support service practices.

The SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA) as part of the Sarbanes-Oxley Act of 2002. The SAS 70 certifies that a service company has had their control objectives and processes examined by an independent accounting and auditing firm. To complete the SAS 70 Type 1 audit, the PSP, Inc. management team developed objectives for internal controls that support the standards of monitoring and security of operations and customers' information.

PSP, Inc. is currently one of the largest hosting companies for Japanese corporate domains. Completing the SAS 70 Type 1 audit and having the controls and processes in place ensures a safeguard for the services the company offers to customers both in the U.S. and Japanese markets.

"We are proud of our successful completion of the SAS 70 Type 1 Audit," says Ken Uchikura, President of PSP, Inc. "We are committed to providing quality services to our customers and requested this audit to make sure that the objectives for the controls and processes we developed at PSP, Inc. follows specific standards. We are extremely pleased with our achievement."

PSP, Inc. will continue to review the processes and controls put in place, and plans for ongoing SAS 70 auditing to improve its practices.

About PSP, Inc.

Founded in 1987, PSP, Inc. is a Web hosting and Internet solutions company located in Bellevue, WA. PSP, Inc. has continued to grow into a successful company doing business in both the U.S. and Japanese markets. Visit www.pspinc.com to learn more.