ST. LOUIS, Mo. — January 28, 2008 — SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for business and government applications, today announced an agreement to provide fully managed and virtualized IT infrastructure including network, hosting, compute and managed security to Perfect Commerce, the largest provider of on-demand spend management solutions.
Perfect Commerce is migrating to a software-as-a-service (SaaS) delivery model and selected SAVVIS’ IT infrastructure to support it. Perfect Commerce recently merged with CorMine, a specialty procurement outsourcing firm that focuses on engineered materials, capital equipment and maintenance, repair and operations (MRO) materials. It now serves more than 100 Fortune 500 clients, 200,000 users and 11,500 suppliers in a wide variety of industries.
As part of a three year $5 million IT infrastructure services agreement, SAVVIS is providing Perfect Commerce with a turnkey managed IT infrastructure solution. Led by SAVVIS’ Professional Services team, the solution includes data center facilities, servers and storage systems, network backbone, management, and operations. The solution underpins and complements Perfect Commerce’s SaaS business model and is hosted from SAVVIS’ new data center in Atlanta, Ga. with disaster recovery services located in a SAVVIS data center near Washington, D.C.
“Following the merger with CorMine we determined we needed a high performance infrastructure solution with low start up costs and the ability to scale rapidly,” said Del Putnam, Vice President of Technology at Perfect Commerce. “SAVVIS virtualized IT utility services are engineered perfectly to underpin our SaaS platform. In addition, the SAVVIS solution helped us get to market quicker by eliminating significant capital expenditure that would have been required if we had tried to do it by ourselves.”
“Our breadth of services and expertise providing software-as-a-service infrastructure continues to grow and we look forward to working with Perfect Commerce to support their evolving business needs,” said Jonathan Crane, President of SAVVIS. “Our virtualized IT utility services platform is ideal for customers like Perfect Commerce who need lower, more predictable costs, high availability and infrastructure that scales on-demand.”
About Perfect Commerce
The newly merged Perfect Commerce, Inc., headquartered in Hampton, VA, offers world-class sourcing and procurement solutions for companies of all sizes. At the same time, its software-as-a-service (SaaS) delivery makes its offerings attractive for many small- and medium-sized organizations that need cost-effective and efficient e-sourcing. The newly merged Perfect Commerce operates 10 offices in North America, Europe and Asia. For more information, visit www.perfect.com.
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 www.savvis.net.
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.