WASHINGTON, DC, June 26, 2006 -- SHRM 2006 Annual Conference & Exposition -- CyberShift, a leading provider of workforce and expense management software and services, today announced the recent completion of an American Institute of Certified Public Accountants' (AICPA) Statement on Auditing Standards (SAS) No. 70 Type II Audit. Awarded following an independent audit performed on the design and effectiveness of CyberShift's controls, the SAS 70 Type II auditor's report is one of the many elements that comprise CyberShift's program for providing the highest quality Software-as-a-Service (SaaS) offering to its rapidly growing client base.

In an increasingly global economy regulated by a range of government requirements, such as those of Section 404 of the Sarbanes-Oxley Act of 2002 (SOX), it is more important than ever for service providers to demonstrate that they have adequate controls and safeguards in place when hosting or processing data belonging to their customers. A SAS 70 audit, or service auditor's examination, is widely recognized, because it represents that a service organization has been through an in-depth audit of their control activities, which generally include controls over information technology, information security and related processes, and has had its control objectives -- and adherence to them -- examined by an independent accounting and auditing firm.

"For organizations evaluating service providers, it is more important than ever that providers can prove their ability to manage client data in a secure and consistent manner, and in compliance with the highest industry standards," stated David Blodgett, Director of On Demand Services at CyberShift. "Our completion of a comprehensive SAS 70 Type II audit demonstrates the quality and effectiveness of our operational procedures, controls, and IT infrastructure."

By completing the SAS 70 Type II audit, CyberShift can provide its clients with a detailed description of the company's controls and an independent assessment of whether the controls were suitably designed and operating effectively over an extended period of time. Publicly traded companies can use SAS 70 Type II audits as proof of compliance with SOX requirements for outsourced services.

"As part of our continued commitment to our clients, public as well as private, we completed this audit to provide them with the assurance that the protection of their business critical data and applications is a top priority for CyberShift," said Robert Farina, CEO of CyberShift. "This audit not only validates our best-practice standards, it also allows our clients to save time and money. Our ability to readily provide this information means that our clients, who would otherwise have to initiate their own audit of our controls and safeguards, are able to share the Service Auditor's Report with their auditors."

About CyberShift:

CyberShift, Inc. (http://www.cybershift.com) is a leading provider of workforce management and expense management software and services focused on helping large, complex organizations optimize and manage the deployment of their people. CyberShift's rules-based platform delivers a fully integrated solution for the management of all aspects of time and attendance, scheduling, travel and expenses, self-service functions and workforce reporting and analytics. The enterprise-class workforce and expense management suite reduces costs and improves processes for a variety of industries, including retail, manufacturing, transportation, financial services, media and entertainment, education and the public sector. Celebrating 10 years in business this year, CyberShift is the workforce and expense management solution provider of choice for many of the largest organizations throughout the United States and Canada.

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