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Waltham,
MA,
March 19, 2008
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced that it has successfully completed the Statement on Auditing Standards No. 70 (SAS 70) Type II audit. SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). It defines the professional standards used by an auditor to assess the internal controls of a service organization. The SAS 70 audit reports on the internal controls and safeguards that service organizations have in place to process data belonging to customers. Type II refers to the report on the company’s controls and processes over a specific period of time.
"Achieving SAS 70 Type II compliance marks an important milestone for our organization," said Yong Zhang, chief technology officer at Salary.com. "The security of sensitive customer data is our highest priority and successful completion of this audit reinforces our commitment to delivering only the most secure, on-demand data, software and services. We are proud to validate and assure our customers that their highly sensitive compensation and employee data is protected by the highest standards."
Salary.com's SAS 70 audit, which was conducted by UHY LLP, an independent service auditor, focused on six key areas: information technology organization and entity controls, CompAnalyst® and TalentManager® account implementation, information and access security, applications system development, implementation and maintenance, and computer operations. Achievement of SAS 70 Type II certification demonstrates that Salary.com has instituted the required operational controls and safeguards to protect customer data.
About Salary.com, Inc.
Salary.com is a leading provider of on-demand compensation and talent management solutions helping businesses and individuals manage pay and performance. Salary.com provides companies of all sizes comprehensive on- demand software applications that are tightly integrated with its own proprietary compensation data sets, thereby automating the essential elements of the compensation management process and significantly improving the effectiveness of its clients' compensation spend. For more information, visit www.salary.com.
Contact:
Karen Peabody
p: (781)464-7544
press@salary.com
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