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March 2006 EC Power Successfully Completes SAS 70 - Report Validates Company's Internal Controls

HOUSTON -(BUSINESS WIRE)- EC Power announces that it has recently completed a service auditor's review, commonly known as a SAS 70 audit, of its controls supporting the Electronic Transaction Processing Services. The examination was performed in accordance with standards established by the American Institute of Certified Public Accountants (AICPA) and was completed January 2006.

SAS 70 is an internationally recognized auditing standard developed by the AICPA and is widely recognized because it represents that a service organization has been through an in-depth audit of their control activities. Service Providers must be able to demonstrate that they have adequate controls and safeguards when they host or process data belonging to their customers.

In order to complete the audit, EC Power's management developed control objectives for the significant areas of internal processes that support the general controls for Electronic Transaction Processing Services. The control objectives in the 2006 report addressed each of the following:

¤ Information Security
¤ Application Development, Maintenance and Documentation
¤ Computer Operations
¤ Data Communications
¤ Disaster Recovery

EC Power's service auditor performed extensive testing of the control activities that have been implemented by EC Power to ensure that these objectives are met.

Chief Technology Officer, Cade Burks, states, "The successful completion of the SAS 70 audit demonstrates to our clients that EC Power meets or exceeds standards on class policies and procedures in place for facilities, security, change control, disaster recovery and many other operational areas."

About EC Power
In business since 1995 and based in Houston, EC Power has a long history in the fast moving e-commerce markets, facilitating business-to-business transaction movements in a rapid and cost-effective manner. The Company has significant experience in managing large-volume EDI hubs within the energy industry, and a proven track record of delivering reliable and timely electronic transaction management services to some of the nations leading energy companies. EC Power's experience extends far beyond the Texas market with connections to over 50 utilities in 15 deregulated states. Our national experience in the electric, gas, and oil industries provide clients with sound, secure and cost effective solutions.

Contact: Lisa Shaw
713-403-8734
lisa.shaw@ec-power.com


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