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Web Hosting Provider Terremark Completes Coveted SAS 70

10:40:19 - 04 August 2005

Terremark Worldwide, Inc. (www.terremark.com) announced today it has successfully completed the Statement Auditing Standard No.70 (SAS 70) Type II examination of its flagship facility, the NAP of the Americas and its controls and operating effectiveness.

"Terremark is dedicated to delivering best-in-class services to our enterprise and government customers," said Manuel D. Medina, Chairman and CEO of Terremark Worldwide, Inc. "This exhaustive, independent examination further illustrates our commitment to the quality of service, security and reliability that our customers demand and prefer."

The examination, performed by SAS70 Solutions, an independent service auditor registered with the Public Company Accounting Oversight Board (PCAOB), addressed the suitability of Terremark's NAP of the Americas controls and procedures for the period of January 1, 2005 through July 15, 2005.

The Statement on Auditing Standards (SAS) No.70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). SAS 70 is the authoritative guidance that allows service organizations to disclose their control activities and processes to customers and customers' auditors in a uniform reporting format.

"Our operational team deserves a tremendous amount of credit for assuring that Terremark's operations meet and exceed the rigorous standards and expectations of the SAS 70 examination," said Marvin Wheeler, Chief Operations Officer of Terremark.

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