ATLANTA, GA, February 09, 2006 - Premiere Global Services, Inc. (NYSE: PGI), a global outsource provider of business process solutions, today announced its Data Communications business unit has successfully completed the American Institute of Certified Public Accountants' Statement on Auditing Standards (SAS) No.70 Type II audit. This audit of controls related to the processing of automated data management and delivery solutions, and related general computer controls, for Data Communications' processing locations in the U.S. (New Jersey), U.K. (York), Australia (Sydney), Japan (Tokyo) and Korea (Seoul) was issued with no material exceptions identified.
The SAS 70 audit focused on several key Data Communications' systems and processes, including capacity planning, information systems operations, information security, application and database change control, network support and system software management. We believe that the successful completion of this audit provides our Fortune 500 clientele with an independent examination of applicable internal controls surrounding transactions processed by Data Communications and will assist our clients in feeling confident that we maintain a consistent, stable and secure environment for the services we provide.
"Voluntary compliance with the SAS 70 audit throughout our global network is a key strategic component of our continuing success with security-sensitive and regulated organizations," said Lee Provow, President, Data Communications, Premiere Global Services, Inc. "Premiere Global is committed to ensuring the security and confidentiality of our enterprise customers' data and, to that end, we believe that this audit validates the thorough technology and business controls we have implemented."
This press release corrects and replaces Premiere Global Services' February 1, 2006 release, which indicated that the Company as a whole, rather than its Data Communications unit, had completed the SAS 70 Type II Audit.
About Premiere Global Services, Inc.
Premiere Global Services, Inc., formerly Ptek Holdings, Inc., is a leading global provider of innovative business communications and data services. Customers use our ASP platform to conduct traditional and VoIP-based collaboration sessions and to process and deliver large quantities of individualized, business critical information. Premiere Global offers outsourced document delivery, data capture, alerts/notifications and campaign management solutions that automate customers' business processes and improve efficiency levels enterprise-wide. We also offer a full suite of conferencing solutions, including automated, operator-assisted and Web collaboration services that enable customers to communicate real-time via our advanced, open standards global conferencing platform.
Premiere Global serves more than 46,000 corporate accounts in nearly every business sector, throughout 18 countries worldwide. Our corporate headquarters is located at 3399 Peachtree Road NE, Suite 700, Atlanta, GA 30326. Additional information can be found at www.pgi.com.
Forward-looking and cautionary statements
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services’ forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological change; the development of alternatives to our services; market acceptance of our new services and enhancements; integration of acquired companies; service interruptions; increased financial leverage; our dependence on our subsidiaries for cash flow; continued weakness in our legacy broadcast fax business; foreign currency exchange rates; possible adverse results of pending or future litigation or infringement claims; federal or state legislative or regulatory changes; general domestic and international economic, business or political conditions; and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited the “Risk Factors Affecting Future Performance” section of our Annual Report on Form 10-K for the year ended December 31, 2004. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.