InteleNet Communications Finalizes SAS 70 Type II Certification Process for Third Year Running

IRVINE, CA--(Marketwire - February 12, 2008) - InteleNet Communications, Inc., a leader in on-demand managed hosting services, announced today that it has successfully concluded an audit in accordance with Statement on Accounting Standards No. 70 (SAS 70). Independent auditor McGladrey & Pullen, a leading national Certified Public Accounting firm, issued the SAS 70 (II) report, marking InteleNet's third consecutive year satisfying the exacting requirements of such an audit.

The American Institute of Certified Public Accountants Statement on Auditing Standards 70 (SAS 70) defines professional standards used by an auditor to assess the internal controls of a service provider such as InteleNet. A Type II report is the most rigorous category of audits and reports under this standard. During this process, McGladrey & Pullen conducted a thorough audit of InteleNet's processes, procedures and internal controls relating to its colocation services and managed services provided to its customers. The SAS 70 audit results once again validated the controls and procedures of InteleNet.

"Through the completion of this process, for the third year in a row, our customers should now be more confident than ever that our colocation services and managed services are dependable and secure," said Carlos Oliveira, General Manager of InteleNet. "We are dedicated to meeting all of the needs of our customers, and we believe that the SAS 70 certification is a great advantage to our customers by saving them the cost and hassle of conducting an internal review of InteleNet's processes."

Providing Assurance For InteleNet Customers

This audit demonstrates that InteleNet is a company that places great importance on maintaining a strict control environment and a redundant and secure infrastructure. With this audit, InteleNet provides its customers with an independent third party verification regarding the exceptional state of those key internal controls that are most important to its customers. Finally, this audit is generally accepted by third parties such as external auditors and can substitute for those parties performing their own audit, thereby saving InteleNet's customers the cost of conducting their own audit.

About InteleNet Communications

Founded in 1994, InteleNet is a leading provider of On-Demand Managed Hosting services and was recently acquired by Managed Data Holdings. InteleNet's primary service center for its worldwide customer base is a state-of-the-art 55,000-square-foot data center located in Irvine, Calif. With connectivity to multiple fiber carriers and diverse upstream providers, this carrier-neutral facility has the capability to deliver high volumes of bandwidth and to rapidly scale customers for future growth. In addition to its core customer base of small- and medium-size enterprise customers, InteleNet has been the provider of choice for several Fortune 500 companies, managing worldwide networks, complex e-commerce platforms and financial/ERP systems while working with industry-leading vendors. Its world-class facility, staffed with IT experts and an on-site 24x7x365 Network Operations Center, provides a highly efficient and streamlined operation. For more information, contact InteleNet Sales at 866-789-5215 or visit www.intelenet.net.

About Managed Data Holdings

Managed Data Holdings (MDH) was founded by three highly experienced industry executives in conjunction with Great Hill Partners and Catalyst Investors. MDH's strategy is aimed at operating state-of-the-art data centers across Tier I and Tier II markets in the U.S. to meet the increasing demand for managed hosting, managed services, colocation space and disaster recovery services required by small and medium-sized business customers or divisions of large enterprises. Each of its data centers are SAS 70 Type II compliant and are designed to accommodate the changing power density and cooling needs of the colocation market while maintaining consistent high levels of customer service and support.

Contact Information: Contacts: Bruce T. Bauer Director of Strategy and Corporate Development (949) 784-7904 Marc Lumpkin Altitude Public Relations for InteleNet 303-378-2366