SGS : and ILOGS Propose Innovative System for Managing Stock Audits

With strong experience in IT and Stock audit business, ILOGS, the Swiss IT company, has developed SEPIA, an innovative IT system that can manage digital self audits performed by dealers as well as standard physical third party audits. European financial institutions today require both types of audits, so SGS and ILOGS have an interest in cooperating to develop an innovative solution to meet markets requirements.

ILOGS brings its experience in vehicle stock audits through its Austrian affiliate, Xaris, to the new strategic alliance. Meanwhile, SGS adds its international network of auditors and its reputation as a globally recognized provider of inspections and audits. Some important SGS clients have already shown an interest for a new digital-physical blended service.

About ILOGS

ILOGS is a software and technology service company, employing over 80 people in Austria and Switzerland. ILOGS delivers outstanding solutions for mobile workers and mobile units as well as workflow management applications, systems integration and project consulting across all industries and business functions.

For further information, please contact:

For SGS:

François Boncoeur
TRP FS Global Manager Asset Assessment
t: +33 (0) 6 29 57 11 89

For ILOGS:

Kurt Ogris
President
t: +43 (676) 8 4444 2330

About SGS

SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 90,000 employees, SGS operates a network of over 2,000 offices and laboratories around the world.