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FOR IMMEDIATE RELEASE
Contact:
Amy Blumenthal
Blumenthal & Associates
(617) 879-1511
STR Responsible Sourcing Introduces FaST Audit Tool For C-TPAT Supply Chain Security Audits
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Los Angeles, CA, May 09, 2011 - 

Specialized Technology Resources (STR) Responsible Sourcing, a leading global provider of corporate responsibility auditing and consulting services, today announced the introduction of its FaST audit tool for Customs-Trade Partnership Against Terrorism (C-TPAT) security audits. This new, streamlined product is designed to provide meaningful data that retailers and importers can use to improve supply chain security.

 

Security audits are recommended for companies that wish to become C-TPAT certified.  Since C-TPAT’s inception in 2002, STR Responsible Sourcing has completed over 12,000 security audits and worked with thousands of large and small companies in meeting C-TPAT standards.  STR Responsible Sourcing is an approved Third-Party C-TPAT Validator and has a 100 percent approval record in assisting companies in obtaining their C-TPAT certification.

 

The FaST audit tool provides companies with easy-to-read gradings, graphic representations of historical data and comparisons to countrywide and worldwide benchmarks, and an extensive narrative to provide more specific data and feedback.  The results are stored electronically so clients can easily track global C-TPAT compliance reports on their factories.  FaST provides all of this information in a compliance format that aligns with the most recent U.S. Customs and Border Protection C-TPAT recommendations. 

 

“As a leading worldwide provider of C-TPAT security audits, we wanted to create a new tool that would give clients a better and faster way to access important data from their security audits,” said Nicholas Allen, Manager – Supply Chain Security and Brand Protection, STR Responsible Sourcing.  FaST was designed to give companies a quick, easy to understand, graphic interpretation of critical data they need to know at a glance.  In addition, we continue to include our unique in-depth narratives, which provide clients with a more nuanced view of what the auditors saw at the factory.  No one else in our industry provides both the easy overview and the deep analysis that we offer.”

 

STR Responsible Sourcing offers a full range of C-TPAT supply chain security services that include helping clients apply for C-TPAT certification, conducting security vulnerability assessments at factories, assessing and validating suppliers, providing security training and education, and developing factory/warehouse security programs.

 

About C-TPAT

Customs-Trade Partnership Against Terrorism (C-TPAT) is a voluntary program established in 2002 by the U.S. Customs and Border Protection (CBP) office.  CBP launched the C-TPAT initiative in an effort to help it work more closely with businesses to improve border security.  To qualify for C-TPAT certification, retailers, importers, and shippers must meet a variety of requirements in several categories, ranging from business practices and record-keeping to facility security and developing working relationships with supply chain partners on security issues.  Currently, over 10,000 companies have received C-TPAT certification, which lasts for three years. 

 

About STR Responsible Sourcing

STR Responsible Sourcing is a leading provider of corporate responsibility auditing and consulting services, which include monitoring, training, research, and program development.  STR Responsible Sourcing is a business within Specialized Technology Resources’ Quality Assurance Division, which was founded in 1944.  STR Responsible Sourcing has offices in over 30 countries across five continents, and the reach to provide audit services in over 140 countries around the world.  For specific information on STR’s C-TPAT services, visit http://www.STRQuality.com/C-TPAT

 

Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company’s results of operation, financial position and long-term strategy.  These forward-looking statements are based on current information and expectations, and are subject to risks and uncertainties discussed in our filings with the Securities and Exchange Commission, which could cause the Company’s actual results to differ materially from expected results.  The Company undertakes no obligation to publicly update any forward-looking statement contained in this release, whether as a result of new information, future developments or otherwise, except as may be required by law.

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