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AICPA's SysTrust Standards Endorsed by Navision for ASPs Offering Its Products; Compliance With SysTrust Standards Assures System Reliability of ASPs.

Business Editors

NEW YORK--(BUSINESS WIRE)--July 30, 2001

The American Institute of Certified Public Accountants (AICPA) announced today that Navision endorses the SysTrust Program as one of the systems reliability standards to which its Application Software Provider (ASP) partners must adhere.

ASPs wishing to offer Navision products must first have their systems independently tested for reliability.

"CPAs have proven themselves as reliable, trusted advisors to the business community over the years, " said Todd Bergeson, product manager at Navision. "We recognize the potential role CPAs can play to help both technology providers such as ASPs and their clients move into the e-commerce marketplace by providing trust and verification where it is most needed. SysTrust provides the added assurance that controls and procedures are in place at the ASP to keep its systems functioning reliably and its content secure."

"SysTrust helps minimize risk to business partners and users of a particular system by assuring them that the system is reliable - that it is capable of operating without material errors or failures during a particular timeframe in a specified environment," said Anthony Pugliese, Vice President of Member Innovation of the American Institute of Certified Public Accountants. "Users of Navision products through an ASP interface have the same concerns about the ASP system - they want to know that the system is secure, reliable and available as promised. Their livelihoods depend upon information systems and the data contained in them. SysTrust responds to the critical need for assurance on the reliability of systems and positions CPAs as future providers of real-time assurance on informational databases and systems."

Through SysTrust, CPAs independently examine a system to provide reasonable assurance that the system is capable of operating without material error, fault or failure during a specified period in a specified environment. A CPA firm's independent SysTrust opinion is designed to increase the comfort of management, customers and business partners with the systems that support a business or a particular activity. The SysTrust standards used to evaluate whether a system is reliable cover the following areas:

Availability: The system is available for operation and use at

times set forth in service-level statements or agreements.

Security: The system is protected against unauthorized physical

and logical access.

Integrity: System processing is complete, accurate, timely and

authorized.

Maintainability: When necessary, the system can be updated in a

way that does not interfere or conflict with its availability,

security and integrity.

About Navision

Navision is a leading global provider of cost-effective and adaptable, integrated business solutions that help companies in their quest to grow. The company has 120,000 customers worldwide, an international sales network of 2,000 business partners and almost 1,100 employees in 26 countries. The Navision product line consists of Navision Axapta, Navision Attain and Navision XAL. Navision a/s was created through the merger of Navision Software a/s and Damgaard a/s in December 2000. Its shares are listed on the Copenhagen Stock Exchange (CSE: NAVI). The company's headquarters are in Vedbaek, Denmark. You can learn more about Navision a/s on the Internet at www.navision.com

About the AICPA

The American Institute of Certified Public Accountants (AICPA) is the ISO 9001 certified national professional organization of CPAs in the United States with more than 340,000 members in public practice, business and industry, government, and education. For more information about SysTrust, please visit http://www.aicpa.org/assurance/systrust.htm.
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Publication:Business Wire
Date:Jul 30, 2001
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