NORCROSS, Ga., Sept. 17, 2013 (GLOBE NEWSWIRE) -- Comverge, Inc., the leading provider of Intelligent energy management solutions for residential and commercial & industrial (C&I) customers, today announced that it has successfully completed a SOC 2 Type II examination relevant to security, availability, and confidentiality, and has been issued a SOC 2 Type II Independent Service Auditor's Report. The report demonstrates Comverge's ability to meet the applicable trust services criteria for security, availability, and confidentiality and commitment to delivering superior products and services through its IntelliSOURCE platform.
Comverge received the attestation after a voluntary and rigorous six-month evaluation by an independent accounting and auditing firm. SOC 2 is a comprehensive framework (under Attestation Standards (AT) 101 and Trust Services Principals and Criteria (TSP) Section 100) put forth by the American Institute of Certified Public Accountants (AICPA), and geared towards reporting on controls at service organizations. The SOC 2 framework is a specific set of reporting initiatives aimed at helping to clarify, distill, and bring about transparency for reporting on controls at service organizations relevant to security, availability, processing integrity, confidentiality and/or privacy. This further demonstrates to customers that Comverge keeps its hosted client environments secure by adhering to the highest standards available. This is an important achievement for any Software-as-a-Service (SaaS) or cloud provider that supports mission-critical information technology (IT) services.
"Our customers are faced with complex energy management challenges that demand an IT infrastructure that can deliver a high-level of security, availability and confidentiality," said R. Blake Young, Comverge President and CEO. "To show that IntelliSOURCE can address the scale, scope and complexity of the energy supply and demand challenges our customers face, we voluntarily undertook the Service Organization Control 2 (SOC 2) audit. The resulting report and attestation clearly demonstrates that the processes, procedures and controls we have in place for IntelliSOURCE are able to meet the highest industry demands."
IntelliSOURCE is an enterprise-class software platform and operating environment that enables utilities to deploy sophisticated load control, dynamic pricing and customer engagement programs. It provides a consistent infrastructure for command and control while creating a two-way communication link to residential and C&I customers.
About Comverge
Comverge delivers a comprehensive suite of intelligent energy management solutions that enable utilities, grid operators, and commercial and industrial organizations to optimize their energy usage in order to reduce costs, meet regulatory requirements, and support sustainability initiatives. With 30 years of experience helping customers implement innovative demand-side management programs, Comverge has deployed more than five and a half million energy management devices, recruited over one million residential customers into mass market demand response programs, and served thousands of commercial & industrial customers. For more information, visit www.comverge.com and follow us on Twitter at @Comverge.