NWP Leading MultiFamily Industry in Payment Services Security Validation

IRVINE, CA--(Marketwire - May 1, 2012) - NWP Services Corporation (NWP), a leading provider of utility management, resident and property operation services that enable multi-housing properties to drive down their costs and create new revenue opportunities, announced today it has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS) as a Level 1 service provider for the third consecutive year. Trustwave, the leading provider of PCI DSS compliance management solutions, performed the validation.

PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands. NWP continues to be one of the few multifamily billing service providers in the U.S. to achieve PCI DSS compliance.

"Our clients trust us with their residents' most precious data, their personal credit card information," said Jim Charles, senior vice president for NWP. "Keeping that data secure is the most important action we can take as a rent and utility payment services provider to the multifamily housing industry."

"Identity theft, privacy and payment fraud are critical concerns for property managers and residents," said Rob Grable, security officer for NWP. "Companies that comply with all industry standard certifications and best practices are striving to achieve the highest standards for protecting the security and integrity of sensitive data. Properties who select NWP can have the confidence that their e-commerce platform is compliant with established security best practices and that they are protected from any related issues."

To maintain compliance with the PCI DSS, NWP has enrolled in Trustwave's on-demand compliance management solution, TrustKeeper®, to access the necessary tools to support on-going compliance such as external vulnerability scans. Additionally, NWP proactively tests its internal network as well as conducting an annual SSAE 16 Type II audit to validate that all NWP products and services have sufficient financial controls to support customers.

To learn more, please visit www.nwpsc.com.

About NWP Services Corporation
Headquartered in Irvine, Calif., NWP Services Corporation (NWP) is a leading provider of utility management, resident and property operation services that enable multi-housing properties to drive down their costs and create new revenue opportunities. NWP services include utility expense recovery, energy management, invoice processing automation; online payments and spend management; resident billing and submetering services; and facility management and online supply procurement solutions. NWP offers regulatory consulting services and multifamily industry benchmarking analytics and extensive reporting technologies, as well as comprehensive services and solutions to optimize back office systems. NWP is the industry's premier provider of nationwide submetering installation and maintenance services. Additional information is available at www.nwpsc.com.