Management Dynamics Successfully Completes SAS 70 Type II Audit

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Wed Jun 24, 2009 10:05am EDT

EAST RUTHERFORD, N.J.--(Business Wire)--
Management Dynamics, a leading provider of Global Trade Management (GTM)
solutions, today announced its successful completion of a Statement on Auditing
Standards No. 70 (SAS 70) Type II Audit. The audit was performed by an
independent auditing firm and included an in-depth examination of the company`s
operating infrastructure for its GTM solutions. The results of this audit
demonstrate Management Dynamics` commitment to implementing and maintaining a
control environment that ensures that customer data is accurate and secure. 

Established by the American Institute of Certified Public Accountants (AICPA), a
SAS 70 examination is widely recognized because it represents that a service
organization's internal control activities that relate to an audit of the
financial statements of its customers have been examined. A Type II report not
only includes the service organization's description of controls, but also
includes tests of operating effectiveness of the service organization's
controls. 

"In today's global economy, service organizations must demonstrate that they
have adequate controls and safeguards when they host or process data belonging
to their customers," said Glenn Gorman, Vice President of Global Hosting,
Management Dynamics. "Our GTM solutions are currently deployed to over 14,000
users in 70 countries at some of the world`s leading retailers, manufacturers
and logistics providers. The SAS 70 certification demonstrates our commitment to
providing the highest quality services to our customers and further validates
the security and accuracy of their global trade transactions." 

Completion of the SAS 70 Type II examination indicates that the processes,
procedures and controls relating to Management Dynamics` hosting operations have
been formally evaluated and tested by an independent accounting and auditing
firm. The examination included the company's established control objectives
related to customer setup and ongoing maintenance, change management, secure
communications and data interfaces, information security, operations monitoring
and management, logical and physical access, and data backup and restore. 

Management Dynamics` GTM solutions are delivered under a SaaS (software as a
service) model from state-of-the-art data centers which allow customers to
reduce total cost of ownership, accelerate implementation and minimize system
support activities so that they can focus on running their business. 

About Management Dynamics, Inc.

Management Dynamics is a leading provider of global trade management solutions
that improve the performance of global supply chains for importers, exporters,
logistics service providers, and carriers. The company's solutions synchronize
the flow of information among trading partners, optimize supply chain execution
decisions, and streamline import and export processes to ensure regulatory
compliance and minimize cost and risk involved in cross-border transactions.
Management Dynamics` time-proven solutions are used by more than 14,000 global
users at some of the world's most successful 3PLs, carriers, manufacturers,
retailers, and high technology companies. For more information, please visit
www.ManagementDynamics.com or call (201) 935-8588. 



Media
Kathleen Hickey, 202-607-7553
KathleenHickey@ManagementDynamics.com
or
Management Dynamics
Annika Helmrich, 201-623-9471
AnnikaHelmrich@ManagementDynamics.com

Copyright Business Wire 2009

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