ST. LOUIS, Mo., — April 2, 2009 — Savvis, Inc. (NASDAQ:SVVS), a global leader in outsourced managed computing and network infrastructure for IT applications, today announced the appointment of Gregory W. Freiberg as Senior Vice President and Chief Financial Officer, effective April 20, 2009.
Freiberg brings more than 15 years of experience to his role where he will oversee Savvis’ finance, legal, corporate development and investor relations areas. Savvis’ current CFO Jeff Von Deylen, will continue with the company and concentrate his efforts on his role as Senior Vice President, Global Operations and Client Services.
Freiberg has held senior financial positions for both domestic and international communications service providers. Most recently, Freiberg served as Chief Financial Officer for XO Holdings, Inc., a leading nationwide provider of advanced communications services for businesses, enterprises, government, carriers and service providers.
Prior to XO Holdings, Freiberg also worked as Senior Vice President of finance with Asia Netcom and Asia Global Crossing based in Hong Kong, garnering a deep understanding of the Asian markets. Prior to joining Asia Global Crossing, Freiberg was Senior Vice President and Chief Financial Officer across all lines of businesses for Level 3 Communications, and was the founding Chief Financial Officer for MCI-WorldCom in Asia Pacific expanding the business into 12 countries. In addition, Freiberg has served on the board of directors for joint ventures in Hong Kong, Japan, the Philippines, and Singapore.
“Greg is a strong addition to our team and we are excited to have him on board,” said Phil Koen, Chief Executive Officer of Savvis. “As we expand globally, Greg’s financial leadership, proven track record and global experience will be a valuable asset to our company.”
"IT infrastructure as a service is of growing interest to enterprises globally,” Freiberg said. “I have been following Savvis for some time and believe the company is the leader in IT infrastructure solutions with its technology innovations in cloud computing; its global footprint; and passionate team. I look forward to being a part of it.”
“I want to sincerely thank Jeff for his contributions in leading Savvis through a period of growth while strengthening the balance sheet over the last six years,” Koen added. “Jeff will now shift his focus to operations and service where he will oversee customer delivery and ongoing support, ensure a global approach to improving customer loyalty and help to drive further margin expansion.”
Savvis, Inc. (NASDAQ:SVVS) is an outsourcing provider of managed computing and network infrastructure for IT applications. By outsourcing to Savvis, enterprises can focus on their core business while Savvis ensures the quality of their IT infrastructure. Leading IT organizations around the world have selected Savvis to help them improve their service levels, reduce capital expense and deal with the rising costs of bandwidth, energy, real estate, staff and expertise. As a pioneer in utility computing, Savvis understands and harnesses the latest advances in technology like virtualization, cloud computing and support process automation. For more information about Savvis, visit www.savvis.net
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.