ST. LOUIS, Mo., — August 25, 2008 — SAVVIS, Inc. (NASDAQ: SVVS), a global leader in IT infrastructure services for business applications, today announced that the company will provide access to the International Securities Exchange (ISE) Depth of Market Feed, a real-time data feed that provides the aggregated volume of all quotes and orders available at each of the top five price levels for options that trade on ISE, the world’s largest equity options trading venue.
ISE’s Depth of Market feed is available via SAVVIS’ Exchange Express and its global high-speed private financial network. SAVVIS Exchange Express offers high capacity network access to ISE via low latency Ethernet connectivity. This service may offer a key competitive advantage to trading applications that need sub-millisecond access to ISE’s data feed.
Jeff Soule, Head of Market Data for ISE, said, “We are very pleased that SAVVIS has chosen to offer the ISE Depth of Market Feed to its customers. With SAVVIS, we will be able to further expand the distribution of our Depth Feed and to provide this value-added information to a wider range of market participants.”
“ISE is a great fit for SAVVIS because we are constantly striving to provide the financial services sector our advanced, low latency technology and reliable distribution model,” said Varghese Thomas, Vice President and General Manager of Financial Services at SAVVIS. “As lowering latency and managing higher capacities continues to be a high priority for trading firms, this partnership with ISE marks our commitment to meeting the needs of the market.”
SAVVIS Proximity Hosting clients located in the company’s New York-area data centers will have direct access to the ISE market depth feed while clients located outside of the New York area will access the ISE depth feed via SAVVIS’ Community of Interest Network (COIN), a global private network service designed to deliver market data and real-time trade information.
SAVVIS, Inc. (NASDAQ: SVVS) is a global leader in IT infrastructure services for business applications. With an IT services platform spanning North America, Europe, and Asia, SAVVIS is an industry leader 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 and operations. SAVVIS’ strategic approach combines virtualization technology, a global network and multiple data centers, and automated management and provisioning systems. For more information about SAVVIS, visit:
SAVVIS Forward-Looking Statements
This document may contain 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 as well as the risk that potential product cost and performance benefits may not be realized for any particular customer. SAVVIS assumes no obligation to update or supplement forward-looking statements.
Ogilvy PR Worldwide for SAVVIS
Molly H. McGregor