INDUSTRY

PerformanceRetail, the leading provider of web-based merchandising and store operations software for the high velocity retail industry, today announced it has received third-party assurance under Statement of Auditing Standards No. 70 (SAS 70) for the effectiveness of controls and processes associated with PerformanceRetail's hosted retail software services. After an extensive examination by a third party auditor, PerformanceRetail has been awarded SAS 70 Type I certification. With this certification, customers of PerformanceRetail's hosted retail software services are assured greater levels of reliability, availability and security. The SAS 70 certification is an internationally recognized standard developed by the American Institute of Certified Public Accountants. This certification means that PerformanceRetail has implemented controls and processes relating to security measures, application development and maintenance, data communications, customer service and disaster planning that are suitably designed to enable effective hosting and exchange of corporate data and financial information for the Company's enterprise retail customers. Having their data center and web-hosting services suppliers achieve SAS 70 certification is a key requirement for retailers with high security and confidentiality requirements, particularly around Sarbanes-Oxley compliance initiatives. "PerformanceRetail is extremely proud to have earned third-party endorsement and certification of our network and facility controls," said Marc Hafner, president and CEO of PerformanceRetail, Inc. "This reinforces our commitment to maintaining the highest standards of data security and integrity, and enables our customers to trust with the utmost confidence that the processes and controls we have established for our hosted retail software services provide secure and effective management and exchange of their mission critical data." Background PerformanceRetail is the leading provider of web-based merchandising and store operations software for the high velocity retail industry. InSite, the company's integrated suite of retail software applications, enables retailers to improve the profitability and efficiency of key business processes such as merchandising, business intelligence, field operations, store operations, fuel management and retail financials. PerformanceRetail's modular, hosted solutions and comprehensive services ensure customers realize value quickly while reducing upfront capital expenditures and ongoing support costs. By partnering with PerformanceRetail, industry leaders are transforming their retail operations into highly competitive, customer-driven profit centers. For more information, visit http://www.performanceretail.com/ . For more information about SAS 70, please visit http://www.sas70.com/ .