LAS VEGAS -- National Association of Broadcasters Expo (NAB) — April 18, 2004 — SAVVIS Communications (NASDAQ: SVVS), a leading global IT utility, today detailed its collaboration with HP to provide end-to-end media workflow services for the Sundance Institute and its annual Sundance Film Festival, widely regarded as the premier showcase for independent film. SAVVIS’ Digital Content Services provides an integrated set of services including content and digital rights management, live and on-demand streaming applications, transcoding services, content delivery, and traffic management solutions. These powerful tools enable the media and entertainment industry to deliver digital content to their customers in a flexible, cost-effective manner.
The SAVVIS and HP services have been a key part of the Sundance Institute since last year. Currently SAVVIS and HP are providing the Sundance Institute:
“The Sundance Institute is interested in identifying new technologies that enable end-to-end workflow processes for the Sundance Film Festival and the extension platform of the Sundance Online Film Festival. Not only did our collaboration with SAVVIS explore new delivery methods, it also lowered our costs,” said Joseph Beyer, Manager of the Sundance Online Film Festival. “The SAVVIS – HP Content Submission Portal and Streaming CDN is an excellent example of new technologies and services coming together to solve age old media workflow challenges. As the media & entertainment industry continues to evolve, new services like these will continue to simplify the control and management of content for media and entertainment companies worldwide.”
“The Sundance Institute is the most vital influence behind the independent film industry worldwide,” said Nathan Kerry, Vice President & General Manager, Media & Entertainment, for SAVVIS. “SAVVIS is honored to provide our Digital Content services to the Sundance Film Festival and their global web presence, and we are also pleased to further our partnership with HP and our commitment to jointly bring a new level of technological excellence to the media and entertainment industry.”
The agreement is another example in a long relationship between SAVVIS and HP through which the two companies are developing next-generation media services. HP is already well known in media and entertainment, while SAVVIS is rapidly becoming recognized for developing advanced network-based, managed utility services for the media and entertainment industry. Other HP and SAVVIS joint projects include the International Emmys, where SAVVIS’ global network enabled the secure, high performance online distribution of full motion video of all the entries for viewing by 500 judges located around the world. With this solution, the Academy avoided the time and expense of producing and shipping hundreds of tapes in multiple formats to locations around the world.
“SAVVIS Digital Content Services help companies make, manage and move their digital media,” said Brent Roland, Director of Business Development, Office of Strategy and Technology, HP. “The combination of HP’s software and infrastructure technology and SAVVIS’ services streamline workflow, enhance collaboration, and increase productivity, while protecting and preserving valuable digital media. Subscribing to these services provides access to thousands of media companies, broadcasters, agencies, production and postproduction houses, producers of film, radio, TV, music and games, CD/DVD replicators and other creative professionals already on the SAVVIS Content Exchange.”
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2005, HP revenue totaled $81.8 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
About Sundance Institute
Founded by Robert Redford in 1981, Sundance Institute is dedicated to the development of artists of independent vision and the exhibition of their new work. Since its inception, the Institute has grown into an internationally recognized resource for filmmakers and other artists. Sundance Institute conducts national and international labs for filmmakers, screenwriters, composers, writers, and theatre artists. The annual Sundance Film Festival, a major program of Sundance Institute, is held each January and is considered the premier showcase for American and international independent film. The Institute supports non-fiction filmmakers through the Documentary Film Program by providing year-round support through the Sundance Documentary Fund and a series of programs that nurture their growth, encourage the exploration of innovative nonfiction storytelling, and promote the exhibition of documentary films to a broader audience. Through the Sundance Institute Theatre Program, the Institute is committed to invigorating the national theatre movement with original and creative work and to nurturing the diversity of artistic expression among theatre artists. The Institute also maintains The Sundance Collection at UCLA, a unique archive of independent film.
SAVVIS Communications (NASDAQ: SVVS) is a global IT utility services provider. With an IT services platform that extends to 47 countries, SAVVIS leads the industry in delivering secure, reliable, and scalable hosting, network, and application services. These solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT systems. SAVVIS’ strategic approach combines the use of virtualization technology, a utility services model, and automated software management and provisioning systems. For more information about SAVVIS, visit: .
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from SAVVIS’ expectations. Certain factors that could affect actual results are set forth as risk factors in SAVVIS’ SEC reports and filings, including its annual report on Form 10-K and all subsequent filings. SAVVIS assumes no obligation to update or supplement forward-looking statements.
Carter B. Cromley
Ricochet Public Relations