ST. LOUIS, MO — March 30, 2006 — The Board of Directors of SAVVIS, Inc. (NASDAQ:SVVS), a leading global provider of managed and outsourced IT services, today announced the election of Jonathan C. Crane as Chairman of SAVVIS’ Board of Directors effective March 29, 2006. Mr. Crane will also serve as an executive officer and strategic advisor to SAVVIS reporting to Chief Executive Officer Philip J. Koen.
Crane, 56, previously served as President of Strategy and Alliances at MCI where he led company growth initiatives including the strategic redirection of MCI/WorldCom and the recent merger of MCI and Verizon.
Prior to joining MCI, Crane held CEO positions at several technology companies. Most recently, he was chairman and CEO of Adero, Inc., an Internet-based content distribution company. Previously, he was chairman and CEO of Marcam Solutions, Inc., an ERP software company focused on manufacturing, customer relationship management (CRM) and supply chain management applications. Crane also served as COO for Geotek as well as CEO of Lightstream.
"Jonathan brings extraordinary expertise, strategic thinking and industry vision to SAVVIS," said Phil Koen, Chief Executive Officer of SAVVIS. "His career has contributed to the transformation of our industry from basic commodity services to one that emphasizes high-end managed and value added solutions. His expertise in identifying strategic opportunities and driving growth will prove invaluable as we unlock SAVVIS’ full market potential.”
“SAVVIS is on the verge of becoming a significant global player in a rapidly expanding market for managed hosting and IT services,” said Crane. “The Board is united in its belief that the company’s strengthening operational and financial performance, combined with the experience and leadership that Phil Koen brings to an already strong management team, will be instrumental as we look to build SAVVIS’ presence as a globally recognized leader.”
A 30-year veteran of the communications industry, Crane spent nine years leading MCI’s multi-national account sales organization and built strategic business sales and marketing initiatives targeted at winning and retaining some of MCI’s largest corporate customers. Crane began his career in 1973 in sales, marketing and product management for Bell of Pennsylvania, holding subsequent sales positions at Rolm Corporation and Sonecor, a division of SNET.
Crane holds a bachelor’s degree in History and Education from Dartmouth College in Hanover, New Hampshire.
SAVVIS, Inc. (NASDAQ: SVVS) is a leading global provider of managed and outsourced IT services that focuses exclusively on IT solutions for businesses. With an IT services platform that extends to 45 countries, SAVVIS has over 5,000 enterprise customers and leads the industry 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 25 data centers, and automated management and provisioning systems. For more information about SAVVIS, visit: www.savvis.net.
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 and all subsequent filings. SAVVIS assumes no obligation to update or supplement forward-looking statements.