Equity Compensation SaaS Company Entrusts Online Tech’s Midwest Data Centers with Fully Managed SaaS Hosting
Online PR News – 14-September-2010 – – Mission Mpower Inc., a New Jersey-based provider of administration and financial reporting software, has selected Online Tech as their Software-as-a-Service (SaaS) hosting partner for their applications in Online Tech’s SAS 70 certified data centers.
“We wanted a partner that gave us the high availability and security we needed,” says Arnold Kingsberg, Mission Mpower COO. “We chose Online Tech to be that partner. We feel confident that our customers’ data is safe and secure and will always be available 24 X 7.”
Due to the financial nature of their SaaS offerings, Mission Mpower had to find a SaaS hosting provider with SAS 70 Type 2 data centers and that operated under procedures necessary to meet the new SSAE 16 auditing requirements. SAS 70 and SSAE 16 are nationally recognized audit standards for evaluating the process and security control procedures required for Sarbanes-Oxley compliance. Successful completion of the SAS 70 and SSAE 16 audit demonstrates that a data center has documented the proper controls and procedures around physical and network security, environmental controls, system availability and performance and that those controls have been followed consistently over time, as determined by a 3rd party auditor.
As part of the agreement, Online Tech is delivering Mission Mpower’s entire SaaS hosting platform. This includes fully managed dedicated servers, 24X7 monitoring, operating system upgrades and complete response and remediation of any server issue that might arise. Each of Mission Mpower’s servers are housed in one of Online Tech’s high-availability data centers designed with full redundancy to remove the impact of power or network failures and eliminate the risk of an outage.
About Online Tech
Online Tech (www.onlinetech.com) is one of the Midwest’s premier managed data center operators. Online Tech owns and manages secure and reliable multi-tenant data centers in Ann Arbor and mid-Michigan. With a full range of colocation, managed dedicated server, and private cloud computing offerings, Online Tech's clients dramatically reduce their IT data center costs, operational risks and downtime. Industry leaders trust Online Tech’s SAS-70 certified data centers to make sure their servers are always on, always online, and always safe.
About Mission Mpower
Mission Mpower Inc. (www.missionmpower.com) has all the pieces needed to manage and control your equity compensation plans. From administration, communication, financial reporting or bespoke solutions, Mission Mpower offers a solution for your need. Mission Mpower’s unique plan portal, Wealth Central, gives plan participants complete access to their information as well as the ability to exercise through any broker. Mission Mpower’s proprietary technology, Equity Central, is more than a stock plan administration package. Equity Central is a complete Equity Compensation toolbox that gives administrators and financial analysts the control and flexibility to make plans work.