HERNDON, VA – December 3, 2003 – SAVVIS Communications (NASDAQ:SVVS), a global managed service provider, today announced that InterCept, Inc. (NASDAQ: ICPT), a leading provider of technology products and services for financial institutions and merchants, has signed an agreement to use SAVVIS’ Intelligent IP NetworkingSM to provide advanced network connectivity and application delivery to 38 InterCept sites across the United States.
Under the agreement, InterCept will utilize SAVVIS’ managed IP VPN services to connect remote offices with its data centers to support a broad range of InterCept applications including secure data transfers, file sharing, corporate intranet, invoicing/accounting, e-mail, and voice services.
Mike Sulpy, InterCept Executive Vice President stated, “We believe SAVVIS’ managed IP network provides the level of security we require and that SAVVIS’ comprehensive network management and monitoring processes complement the connectivity infrastructure we currently have in place, leveraging our position as a leading data communications provider.”
“We’re pleased that many of the world’s top technology firms are looking to SAVVIS for their IP infrastructure, especially those with demanding requirements for availability and performance,” said Jack Finlayson, SAVVIS president and chief operating officer. “We are pleased to provide InterCept with managed network services that help them achieve their business goals and look forward to serving them for many years to come.”
InterCept, Inc. is a single-source provider of a broad range of technologies, products and services that work together to meet the technology and operating needs of financial institutions and merchants. InterCept's products and services include core data processing, check processing and imaging, electronic funds transfer, debit and credit card processing, data communications management, and related products and services. For more information about InterCept, visit www.intercept.net or call 770.248.9600.
SAVVIS Communications (NASDAQ: SVVS) is a leading Managed Services Provider that delivers private IP VPNs (virtual private networks), hosting, IP voice and application services to businesses. SAVVIS solutions are designed for industries with demanding IP requirements, including legal, media, retail, professional services, healthcare, manufacturing, and financial services. With its recent acquisition of the commercial business of WAM!NET, the company now delivers fully managed media services that enable organizations to share, collaborate, store and manage content with their partners and clients, and accelerate their workflows in the process.
SAVVIS was ranked #3 in IP VPN market share by IDC in its 2003 report, trailing only AT&T and MCI/WorldCom. Known as The Network that Powers Wall StreetSM, its network reliability was declared “perfect” in Network World magazine’s groundbreaking study of backbone performance. SAVVIS recently won the American Business Awards “Stevie”TM in the category of Best Customer Service Organization. SAVVIS’ managed hosting services were awarded the Service Provider Excellence Award by Boardwatch magazine for its virtualized approach to managed hosting, and the Market Engineering Award from Frost & Sullivan for product differentiation and innovation.
For more information about SAVVIS’ Intelligent IP NetworkSM and managed hosting solutions, visit: . For information about WAM!NET visit: www.wamnet.com.
This press release 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, 2002, as filed with the Securities and Exchange Commission on February 28, 2003.
Carter B. Cromley