HERNDON, VA, July 15, 2003 – SAVVIS Communications (NASDAQ: SVVS), a leading global managed IP and managed hosting services provider, today announced an agreement with MarketGrader, an independent financial research firm, to provide its Intelligent Hosting Services for MarketGrader’s new subscription-based online service for institutional and individual investors.
MarketGrader.com’s proprietary system analyzes and provides stock grades for 6,000 North American companies. Based on a top-down/bottom-up analysis, MarketGrader combines a complete fundamental analysis (growth, value, profitability and cash flow) with a market share analysis, an industry analysis and a view of the U.S. economy and financial markets. By forging strategic alliances with leading financial client information providers, such as Standard & Poors, Thomson client Financial, Baseline and Comtex, MarketGrader has developed a quantitatively-driven model to analyze the financial markets quickly and efficiently.
SAVVIS managed hosting services are unique in the industry in that they are based on a ‘virtualized’ service model that enables businesses to have a dedicated server and private network -- without the high costs typically associated with this type of solution. In addition, financial services firms like MarketGrader, can leverage the fact that SAVVIS’ global network and hosting infrastructure is fully meshed delivering secure and reliable access to over 4,700 financial institutions.
“As a young company growing in today’s economic environment, we can’t afford mistakes,” said Carlos Diez, President of MarketGrader. “We recognized the need for a managed hosting solution and looked at more than 10 providers, ranging from the big telecoms, like Sprint and AT&T, to the smaller players. We quickly determined we needed a provider with demonstrated expertise in the financial services community. SAVVIS’ Intelligent Hosting and virtualized approach to service delivery was the perfect fit for our business requirements.”
“SAVVIS’ Intelligent HostingSM provides end-to-end engineering, implementation services, and award-winning customer service that supports MarketGrader’s current and future business plans,” said Jack Finlayson, president and chief operating officer of SAVVIS. “As MarketGrader grows, its application challenges will grow also. SAVVIS provides growing organizations such as MarketGrader with the same high-end, redundant infrastructure that the established players get, but at a price point that they can afford.”
MarketGrader.com Corp. is a privately owned and operated independent financial research firm headquartered in Miami, Florida. Since its inception in 1999, MarketGrader has been at the forefront of providing innovative products and services to institutional and private client investors. Marketgrader.com has developed a quantitatively-driven system to quickly and efficiently analyze the financial markets in an easy to use and understand format, at prices affordable to all investors. For more information about MarketGrader, visit www.MarketGrader.com.
SAVVIS Communications (NASDAQ: SVVS) is a leading managed services provider that delivers IP VPNs (virtual private networks), hosting, and application services to businesses. SAVVIS solutions are designed for industries with demanding information technology requirements including legal, media, retail, professional services, healthcare, manufacturing, and financial services.
Known as The Network that Powers Wall StreetSM, SAVVIS was ranked #3 in IP VPN market share by IDC in its 2003 report, trailing only AT&T and WorldCom, and its network reliability was declared “perfect” in Network World magazine’s groundbreaking study of backbone performance. SAVVIS recently won the first ever 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: .
Carter B. Cromley