SAVVIS Features Virtualization, Utility Computing, and Financial Applications At Securities Industry Association -SIA- 2004

Business Wire, June 8, 2004

Business Editors/High-Tech Writers

Securities Industry Association (SIA) Technology Management

Conference

Booth #2101

NEW YORK--(BUSINESS WIRE)--June 8, 2004

Company Showcases New "Pay-As-You-Go" Virtualized Services Delivery

Platform, Innovative Financial Customer Applications and Expanded

Global Presence Via Acquisition of Cable & Wireless America Assets

At the Securities Industry Association (SIA) Technology Management Conference today, SAVVIS Communications (NASDAQ:SVVS), a leading global IT utility, showcased financial customers and featured its recently launched end-to-end virtualized services delivery platform. In addition, the company demonstrated marquee financial services customer applications and discussed the Cable & Wireless America asset acquisition which further expands its global presence by adding nearly 3,000 hosting and network services customers, many in the financial services industry.

SAVVIS provided details on its new virtualized services delivery platform that integrates network, hosting, storage, and compute architectures to deliver industry-first virtualized managed utility services. Unlike the traditional service provider model, in which companies must pay for excess and unused capacity, SAVVIS' virtualized delivery platform routinely and automatically optimizes resource allocation for each client. The combination of on-demand service with the increased reliability from SAVVIS' integration of carrier class hardware and automated management systems is particularly well-suited for the financial services industry. Additionally, it lessens the burden of capital expenditures and provides a robust environment for legacy systems. As a result, the platform increases a company's flexibility and agility, making it possible to roll-out new applications, increase server and storage, and expand the network in less time than conventional alternatives.

SAVVIS' virtualized utility services are made possible through technology partnerships with Egenera, Inkra Networks, 3PAR, and Nortel Networks who contribute key technologies that power the end-to-end platform. Employing a utility model, the new platform enables SAVVIS' customers to eliminate expensive hardware and gives them access to a secure, private and completely "virtual" network and hosting infrastructure that cuts internal IT costs by as much as 50 percent.

Each partner in the SAVVIS virtualized utility service offering brings a specific part of the solution:

-- The Egenera(TM) BladeFrame(R) system virtualizes data center

infrastructure by creating a pool of server resources from

which private, secured configurations can be dynamically

allocated to support an application;

-- Inkra Networks' Virtual Service Switch centralizes network,

security, and performance services onto a single platform that

simplifies the management and improves the operation of the

network;

-- 3PAR InServ's advanced storage architecture underpins its

highly functional, virtualized Utility Storage solution to

reduce the cost of storage, restore agility to the storage

environment, and enable easy information sharing;

-- Nortel Networks Shasta* 5000 BSN delivers virtual routing,

security, and application service levels across the SAVVIS

network backbone.

SAVVIS announced availability of the virtualized services delivery platform in April and has already won more than a dozen virtualized utility services contracts including several in the financial services industry.

"SAVVIS solutions were designed to meet the service levels and price points demanded by the global financial markets," said Rob McCormick, chairman and chief executive officer of SAVVIS. "As we have grown, we now offer a broad set of IP services, including our industry leading virtualized utility services, from which financial companies, large and small, can select the unique mix of service components they need to empower their business."

In addition to the virtualized service platform, SAVVIS customers and unique applications profiled at the SAVVIS SIA booth #2101 include:

-- EasyScreen (www.easyscreen.com), a global supplier of software

for electronic Exchanges, utilizes SAVVIS' reliable networking

and hosting services to expand the company's global presence

for EasyXchange, a multi-asset class trading platform and

EasyShield, a pre-trade risk management system;

-- FaceTime Communications (www.facetime.com), the leading

provider of compliance and security software for instant

messaging, leverages SAVVIS' global network and hosting

platform to offer market-leading, extensible, real-time

instant messaging security and management solutions that

address network and information security, regulatory and

corporate compliance;

-- HyperFeed (www.hyperfeed.com), a developer of ticker plant

technology, partners with SAVVIS to provide the SAVVIS Data

Delivery Utility (DDU), a new global network distribution

model that enables cost-effective, low-latency delivery of

real-time financial content;

-- Mandarin Capital Technologies (www.mandarin-capital.com), a

global provider of innovative data distribution/display