Business Intelligence International Sox Tool Selected by Supplier of Semiconductor Test Equipment
August 17 2007 - 9:00AM
PR Newswire (US)
inTEST Corporation Chooses Aline4SOX for Sarbanes-Oxley Compliance
MALVERN, Pa., Aug. 17 /PRNewswire/ -- Business Intelligence
International (BII), developers of the on-demand Aline(TM)
Governance, Risk and Compliance plus Performance (GRC+P) platform,
announced today that inTEST Corporation (NASDAQ:INTT), a leading
designer and manufacturer of automated test equipment used by some
of the world's most important manufacturers of semiconductors,
selected its Aline4SOX tool to automate the company's
Sarbanes-Oxley compliance program. Aline4SOX is an easy to use
Software as a Service (SaaS) solution for Sarbanes-Oxley Sections
404 and 302, allowing companies to automate and streamline the SOX
process while reducing their total cost of compliance. The product
enables users to document and assess the design of controls, track
the testing of their effectiveness and easily locate and remedy any
deficiencies. "SOX compliance boils down to producing quality
testing that can be standardized, repeatable and transferable to
both internal and external resources," Scott Uebele, inTEST's
Director of Financial Compliance, said. "We have seen many tools,
but none have provided those benefits in the cost- efficient way
that Aline4SOX can." "We have seven facilities worldwide. Aline4SOX
puts all of the internal and external resources into the same
"virtual room". Therefore the costs of managing and synchronizing
our global compliance efforts are reduced and the reliance on
third-party consulting is minimized, allowing our internal
management to truly own the process." "We are pleased to be working
with the inTEST global team. Since Aline(TM) is a web based
solution; the inTEST team and their external auditors can access
the application at anytime and anywhere. Scott will be able to view
real time information for the global program activities and
identify ways to optimize the program," said Bill Tomassini, Senior
Vice President of Sales and Operations at BII. "In addition, they
will be able to streamline the reporting process by using our
standardized reports for the management team and Audit Committee."
Aline4SOX provides companies with a single repository of all SOX
data, dynamic update of standard deliverables, as well as
integrated on-line project management reporting and powerful
analytics. Uebele said Aline4SOX will allow inTEST to track all of
its compliance tasks through one centralized, virtual space
allowing its limited compliance staff "to streamline its testing
across multiple entities while still producing high quality work
papers at a reduced cost." He said for a company with inTEST's
global reach, Aline4SOX greatly minimized the distance between
controllers while still reducing cost. Aline4SOX, which was
included earlier this year as a niche player in Gartner, Inc.'s
Magic Quadrant Research Study for Finance Governance, Risk and
Compliance Management (GRCM) Software, is the only On-Demand
solution proven to reduce the cost and time of SOX compliance by up
to 50% and transform compliance into sustainable business
improvement. About inTEST(R) Corporation: inTEST Corporation
(http://www.intest.com/) is a leading independent designer,
manufacturer, and marketer of products that enable semiconductor
manufacturers to improve profitability by increasing the speed and
efficiency of the semiconductor manufacturing process. The
company's products, used by semiconductor manufacturers to perform
final testing of integrated circuits and wafers, include
manipulators and docking hardware products, temperature management
systems, and customized interface solutions. Headquartered in
Cherry Hill, New Jersey, inTEST has manufacturing facilities in New
Jersey, Massachusetts, California, Germany, the UK, and Singapore.
In addition, inTEST has offices in Japan for design, sales,
service, and support, with additional support personnel in Arizona.
inTEST, Centaur, Transpar, Centaur Universal SOC Interface, and
Test Design are trademarks of inTEST Corporation. About Business
Intelligence International (BII): Business Intelligence
International (BI International) is a global software and
consulting company specializing in the development of web-based
business-intelligence solutions to provide GRC + P functionality to
companies of all sizes. Since 1996, BI International has provided
robust, flexible and secure solutions to enable customers worldwide
to cost-effectively manage their compliance, risk and performance
initiatives. Leveraging its Aline(TM) platform, BI International
offers a suite of affordable yet powerful and easy-to-use tools
that provide a single repository of data along with integrated
analytics and standard reporting. This allows clients to gain real
time visibility to critical information to identify key issues and
driving critical decision-making. Visit http://www.aline4value.com/
for more information. Note: This press release may include
forward-looking statements that are subject to risks and
uncertainties. A number of factors, including political, currency,
regulatory and competitive and technological developments, could
result in material differences between actual results and those
outlined in any forward-looking statements. DATASOURCE: Business
Intelligence International CONTACT: Bill Tomassini of BI
International, +1-610-993-0100, +1-877-ALINE-BII, Web site:
http://www.aline4value.com/ http://www.intest.com/
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