ST. LOUIS, MO — August 17, 2009 — Furthering its position as a leading provider of software-as-a-service (SaaS) IT infrastructure services, Savvis, Inc. (NASDAQ:SVVS) today announced an agreement to provide hosting services to TradeBeam, a leader in SaaS-based global trade management solutions (GTM).
TradeBeam’s solutions facilitate billions of dollars of global trade. As a rapidly-growing company that supports industry-leading customers, TradeBeam required a high performance data center to host its enterprise-class SaaS solutions.
TradeBeam’s IT infrastructure is now colocated in one of Savvis’ state-of-the-art data centers that meet the Statement of Auditing Standards No. 70 (SAS 70) Type II requirements, confirming that proper procedures are in place to safeguard customers’ financial data. SAS 70 reports also meet the requirements of Section 404 of the Sarbanes-Oxley Act (SOX) for effective internal controls by public companies.
“Faced with considerable growth, we realized we needed to expand our IT infrastructure capacity,” said Nasser Mirzai, vice president of IT at TradeBeam. “Savvis is an industry leader offering a global footprint of high performance SAS 70 certified data centers integrated with one of the world’s largest Tier 1 networks. Extending our SaaS service delivery model into Savvis’ data center will allow TradeBeam to focus on our core business rather than IT infrastructure.”
“TradeBeam is at the forefront of global trade management solutions delivered in a SaaS business model,” said Brad Hokamp, Savvis Senior Vice President, Hosting Business Unit. “As TradeBeam continues to grow, we look forward to building a long-term relationship as a trusted IT services provider.”
Savvis currently operates 28 data centers globally encompassing more than 1.4 million square feet of raised floor space designed to support enterprise IT operations. In addition, Savvis was recently positioned as a leader in the Gartner Magic Quadrant for Web Hosting and Cloud Infrastructure (on Demand), 2009, and can be accessed at www.savvis.net/magicquadrantleader.
TradeBeam is a Global Trade Management (GTM) software and services company providing on demand solutions that streamline global trading for enterprises and their partners. TradeBeam’s integrated solution provides import and export compliance and visibility including inventory management, shipment tracking, and supply chain event management, as well as global trade finance solutions such as open account and letter of credit management. Founded in 1999 and headquartered in the San Francisco Bay Area, TradeBeam has operations in the United States, Europe, China, and India. www.tradebeam.com
Savvis, Inc. (NASDAQ:SVVS) is a global leader in outsourced internet infrastructure services for the enterprise. More than 4,000 customers, including 40% of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information 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.