docHarbor® Serves as Sarbanes-Oxley Act First Line of Defense

San Diego, California -  July 18, 2006 - The docHarbor suite of document management services has established itself as one of the first lines of defense when it comes to records accuracy and disclosure, as it relates to Sarbanes-Oxley.

It is important for corporate officers to partner with a vendor that's fully responsible for document management services, can cost-effectively help a company meet current and future Sarbanes-Oxley requirements and actually help save money on personnel, systems and processes despite the added and growing need to maintain a higher standard of corporate governance and financial accountability.

According to Corey Meitchik, Senior Vice President of Worldwide Sales and Marketing for docHarbor, a division of Anacomp®, "Preserving key business information has been docHarbor's core business for almost 40 years, so when it comes to the business of being Sarbanes-Oxley compliant, partners of docHarbor are dealing with an experienced vendor."

CEOs now recognize they are directly accountable for misrepresentations of financial or corporate information. The need to archive key financial and business transaction information has become a priority for many companies. Companies are also discovering they need to tighten corporate controls and increase vigilance to detect fraud; which is increasing the pressure on internal audit resources and records-keeping. Unfortunately, the inability to produce documents (whether misfiled, lost, destroyed, altered, covered up, falsified, etc.) is likely to result in steep fines or imprisonment up to 20 years or both. It is up to the company to prove that documents requested, but not produced, were not deliberately destroyed.

In addition to capturing, managing, delivering and securely preserving documents for nearly 40 years, docHarbor's outsourced services allow immediate access, save time and money in monitoring, and deliver accurate and timely information -crucial in this Sarbanes-Oxley era. Furthermore, documents are safe from deletion before a specified time period determined by your staff. Modification is controlled by privileged user access with earlier document revisions and original versions of the document always accessible for the entire document retention period.

Meitchik went on to say, "docHarbor improves what's being called 'Compliance ROI'. We streamline business and compliance processes. It's a matter of loading original information from disparate sources and in various formats and being able to analyze, filter, and summarize information across any user specified time period without additional programming, which is key to successful compliance. The end result is reduced time personnel spend searching for, retrieving and using information in the face of any kind of investigation."

The docHarbor approach also answers another issue with regard to the Sarbanes-Oxley requirements. Systems for document management, long-term storage and access to financial data must have audit capabilities to meet new requirements. docHarbor keeps up with those needs, relieving the burden from your staff. As audit fees have risen with the need for tighter controls and more regulations, corporate officers need to know that docHarbor solutions can save hours or days of research time to produce data and documents requested by the auditors. Load the data once and access it from anywhere, using your corporate Intranet or the Internet.

Meitchik concludes, "Recognizing that constantly evolving requirements will always exist, docHarbor invests in upgrading and replacing systems to keep up with evolving technology so that our clients won't have to."