TORONTO, ON - March 29, 2006 - Fusepoint Managed Services Inc., a leading provider of outsourced IT solutions, today announced that Datacare Software Group and Recombo Inc. have each selected Fusepoint to manage mission-critical IT infrastructure and applications related to the storage and protection of their clients' corporate governance and compliance data.
In response to the passing of recent securities and corporate governance legislation, such as Sarbanes-Oxley, Fusepoint has seen an influx of new customers seeking an accredited IT partner to manage sensitive corporate compliance information. Datacare and Recombo both required an outsourcing partner that was SAS 70 and CICA 5900 compliant in order to guarantee the security of their customers' electronic information.
Datacare helps Fortune 500 companies manage corporate governance and compliance obligations related to specific international regulatory filings, including those with the Securities and Exchange Commission in the U.S., the Federal and Provincial Governments of Canada, and governments in the UK and Hong Kong.
"Our clients are large public enterprises. They require a high degree of certainty in trusting us with their sensitive data and an assurance that their provider meets the highest possible standards," said Andrew Moore, Vice President of Sales and Marketing for Datacare. "U.S. clients are virtually demanding SAS 70 certification or they are not willing to work with you."
Recombo WAYPOINT enables small and medium sized businesses to securely publish critical documents through email and append 'read and understand' signature blocks to monitor accountability, practice responsible leadership, and mitigate risk. It also helps customers meet regulatory compliance requirements by creating an irrefutable trail of dissemination, review, and follow up actions around high impact documents. To ensure the highest security around such critical information, Recombo stores all interaction with this content at a Fusepoint facility.
"As a company which prides itself on being able to safeguard our customers' most important communications, we needed to be sure our secure storage partner met the highest security standards and were pleased to find that with Fusepoint," said Mike Gardner, President and CEO of Recombo Inc. "With both the CICA 5900 and SAS 70 certifications, Fusepoint delivers on the strict security and support requirements we maintain on behalf of our customers."
As IT departments face the ongoing challenge of meeting corporate governance and compliance requirements, businesses of all sizes have been increasingly looking to source accredited service providers to manage IT environments on behalf of their customers.
"In keeping with the times, managed IT services are swimming upstream and spawning new levels of sophistication," said George Kerns, President and CEO of Fusepoint Managed Services. "Demand for specialized certifications is moving in lockstep with the growing demand to meet specialized requirements in the managed services arena that help clients stand out from the crowd and compete. We are excited about working with Datacare and Recombo who are leaders in helping companies educate their employees about corporate policies, while protecting shareholders, and ensuring compliance and corporate governance are always top of mind."
About Datacare Software Group Datacare Software Group (DSG) is the world's leading suppler of entity management solutions. Its products Global Corporate Manager, Corporate Manager, CorporateManagerOne, Secretariat Corporate Manager and SecretariatOne are used by more companies than any other set of web based entity management solutions. DSG has offices in Toronto (Canada), New York (USA), Houston (USA), London (UK), Burton on Trent (UK), Dublin (Ireland), Monaghan (Ireland) and Frankfurt (Germany). Its clients include: Wal-Mart Stores Inc, ING Group, ABN Amro Bank, ConocoPhillips, Ford Motor Company, HP, United Technologies, PalmOne, and Vodafone plc. For more information please visit www.data-care.com.
About Recombo Recombo delivers trusted solutions that enable SME senior management to securely publish critical documents using email to monitor accountability, practice responsible leadership, and mitigate risk. The solutions automatically append "read and understand" signature blocks to email attachments, store responses and original documents at a secure facility and provide real-time reporting to the publisher. Recombo software leverages the customers' existing technology investments to provide a cost-effective, reliable and secure way to ensure appropriate readers receive high impact documents and compliance requirements are met. For more information please visit www.recombo.com.
About Fusepoint Managed Services Fusepoint Managed Services is the leading provider of managed IT services and infrastructure for companies running mission-critical business applications. Fusepoint's technical experts and world-class data centres ensure the continuity of our clients' businesses. We protect their networks, data and applications against unforeseen disasters and malicious threats while reducing their operational costs and safeguarding their corporate reputation.
Fusepoint's on-demand services include managed hosting, managed application services, business continuity, security and professional consulting services.
Built on a foundation of unrivaled technical expertise and proven operational processes, Fusepoint's managed IT solutions are SLA-guaranteed, scalable and designed to reduce IT cost structures while mitigating risk of service disruption. Fusepoint is SAS 70 and CICA 5900 compliant. Picked as a "company to watch" by IDC Canada, Fusepoint maintains a national network of state-of-the-art data centres and offices strategically located in Toronto, Vancouver, Calgary, Montreal and Quebec City. For more information please visit www.fusepoint.com.
