Press Release

Weichert Relocation Resources Achieves Coveted SAS 70 Type II Certification

MORRIS PLAINS, N.J. – Jim Stiff, Senior Vice President and Chief Financial Officer of Weichert Relocation Resources Inc., one of the world’s leading workforce mobility and assignment management companies, announced that the company has been issued a Statement on Auditing Standards No. 70 (SAS 70) Type II report by its independent auditor, Ernst & Young LLP. Developed by the American Institute of Certified Public Accountants (AICPA), SAS 70 is the internationally recognized auditing standard used to measure the effectiveness of a service organization’s internal controls.

The SAS 70 Type II report confirms that Weichert Relocation Resources provides a consistent, reliable and secure operating environment to support the client companies and relocating employees it serves throughout the world. This report is based on a rigorous analysis of the controls in place across the company related to the home sale and expense management processes over an extended period of time.

“We manage critical financial data for our customers, and our achievement of SAS 70 certification demonstrates just how seriously we regard this responsibility,” said Stiff. “Our SAS 70 Type II report enables us to enhance our customers’ trust in our systems and services, and facilitate their compliance with Sarbanes-Oxley Section 404 and other critical regulations.”

The completion of the SAS 70 Type II audit is the latest of Weichert Relocation Resources’ initiatives to enhance operational efficiency. The company completed two SAS 70 Type I audits in 2006, and intends to renew its SAS 70 certification annually.

“When companies look to outsource their workforce mobility programs, security, trust and confidence are paramount considerations,” said Jim Schneider, Senior Vice President. “SAS 70 Type II certification gives

Weichert Relocation Resources a definite competitive advantage within the workforce mobility industry, assuring our clients and prospects that the internal controls tested as part of our SAS 70 audits meet or exceed the highest standards for securing, processing and reporting their critical program information.”

Weichert Relocation Resources Inc. (WRRI) is one of the world’s leading global relocation and assignment management firms, delivering turnkey mobility solutions to corporations and their employees. With a service reach encompassing over 140 countries, WRRI serves 500 clients throughout the world. The company’s service offerings include domestic relocation services, international assignment services, real estate management and resale services, financial services, payroll and tax services, household goods move management services, consulting services and group move management services.  WRRI has offices worldwide and more than 500 employees.  For more information, visit www.wrri.com.