SAVVIS Communications (NASDAQ: SVVS), a leading global IT utility, today announced the adoption of their virtualized IT services delivery platform by Deluxe Media Management, the marketing fulfillment arm of Deluxe Laboratories, a leading entertainment services provider. Under the agreement, Deluxe chose SAVVIS' new virtualized utility services platform to deliver the IT solutions for their complex theatrical marketing fulfillment offering þu storing, managing and distributing catalogues of DVDs, CDs, and promotional materials from posters and t-shirts to movie theaters, studios and television networks around the world.
Built on advanced, automated software management and provisioning systems, SAVVIS' virtualized services is the first platform to integrate network, hosting, storage, and compute architectures in one place. By deploying a secure, private and completely virtual IT infrastructure, Deluxe will significantly cut costs by eliminating expensive, outdated hardware and streamlining the complexity of media management with simple and flexible, pay-as-you-go IT services.
"SAVVIS' new platform is delivering new levels of operational flexibility and better performance at a significantly lower cost," said Mark Winter, executive vice president, Information Technology, Deluxe Laboratories. "We're getting greater capacity in our network, server, and storage systems that scale easily to meet demand — but are paying at least 40 percent less. Whether we're distributing digital sales and marketing collateral for a TV show to Europe or managing the fulfillment of movie posters to thousands of theaters, SAVVIS' virtualized infrastructure delivers what Deluxe needs today and quickly adapts to changing demands þu if we need another 100 gigabytes of storage, it's there tomorrow."
Unlike the traditional service provider model, in which companies must pay for excess and unused capacity, SAVVIS' virtualized delivery platform automatically optimizes resource allocation for each client. This combination of on-demand services with the increased reliability from SAVVIS' integration of carrier class hardware and automated management systems is particularly well-suited for compute and storage intensive business requirements. As a result, the platform increases Deluxe's flexibility and agility, making it possible to quickly respond to their customers' needs.
Deluxe is leading a trend away from build-it-yourself infrastructure and traditional, people-intensive outsourcing models, and toward virtualized services for network, computing, applications, and storage. IDC forecasts that the market for utility-based, virtualized services is growing rapidly and will increase from $800 million in 2003 to $3.6 billion in 2007. One reason for this growth is that virtualized services deliver a rapid payback, but protect previous investments. They complement and enhance existing hardware and network infrastructure without forcing companies to make additional capital expenditures.
"SAVVIS' virtualized services delivery platform provides the end-to-end performance, security, and scalability demanded by today's mission critical applications," said Rob McCormick, chairman and chief executive officer of SAVVIS. "The combination of Deluxe's media fulfillment applications and SAVVIS' IT services offers a compelling value proposition to Deluxe's customers."
SAVVIS' virtualized utility services are made possible in part through technology partnerships with Egenera, Inkra Networks, 3PAR, and Nortel Networks who contribute key virtualization technologies that power the end-to-end platform.
Deluxe is a leading international entertainment services provider with solutions for the production and distribution of major motion picture and television content. The company encompass an extraordinary range of traditional and digital film laboratory, post production and asset management products and services for entertainment rights holders worldwide. Deluxe is a wholly owned subsidiary of the RANK Group PLC (LSE: RNK). For more information about Deluxe, visit www.bydeluxe.com or call 323.462.6171.
SAVVIS Communications (NASDAQ: SVVS) is a global IT utility provider that leads the industry in delivering secure, reliable, and scalable hosting, network and application services. SAVVIS' strategic approach combines the use of virtualization technology, a utility services model, and automated software management and provisioning systems. This allows customers to focus on their core business while SAVVIS ensures the quality of their IT infrastructure. With its recent acquisition of the assets of Cable & Wireless America, SAVVIS becomes one of the world's largest providers of IP computing services and the world's third largest provider of hosting services. For more information about SAVVIS' Managed Utility Services, visit: . For more information about SAVVIS' end-to-end media services platform including WAM!NET, visit: www.wamnet.com.
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 for the year ended December 31, 2003, as filed with the Securities and Exchange Commission on February 24, 2004, and all subsequent filings. SAVVIS assumes no obligation to update or supplement forward-looking statements.
Carter B. Cromley
Ricochet Public Relations