London, March 1 2005 - Rackspace Managed Hosting today announced that it has successfully completed an examination in conformity with Statement on Auditing Standards No. 70 (SAS 70), Type II report that was performed by independent auditor, Ernst & Young LLP.
SAS 70 is an internationally recognised auditing standard developed by the American Institute of Certified Public Accountants. A SAS 70 examination evaluates a service organisation'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. Rackspaceâs SAS 70 certification enables the company to further its expansion in the enterprise market by delivering certification of the controls needed for Sarbanes-Oxley compliance.
Rackspaceâs processes, procedures and controls have been formally reviewed, evaluated and meet SAS 70 standards. The audit evaluated Rackspaceâs controls related to service delivery and operations, infrastructure maintenance, customer implementation, change management, backup of programs and data files and logical and physical data center access.
"Our SAS 70 certification is the next level of Rackspaceâs Fanatical Supportâ¢ delivery and illustrates our commitment to the specific needs of enterprise customers," said Dominic Monkhouse, Managing Director, Rackspace Managed Hosting Europe. "Rackspace customers can be confident that our managed hosting services are consistent, safe and reliable and that they compliant with emerging regulatory mandates."