Mitratech Selects Terremark to Deliver Managed Hosting Environment for TeamConnect Legal
Market Wire, April, 2008
Mitratech, a leading provider of software solutions for organizations to manage legal, compliance, and risks, today announced the availability of TeamConnect Legal with managed hosting. Mitratech's innovative offering will leverage Terremark Worldwide, Inc.'s (NASDAQ: TMRK) Infinistructure(TM) utility-computing platform, its managed hosting services and world-class infrastructure to deliver high-quality service.
This service model highlights Mitratech's commitment to providing customers maximum assurances with regard to Sarbanes-Oxley (SOX) legislation by enabling greater controls of business processes and related data. To this end, TeamConnect Legal leverages Terremark's hosting environment to offer the highest-level data security in a SAS 70 Type II-certified hosting service with 24x7 network operations center monitoring. Additionally, dedicated Mitratech experts manage all customer applications to deliver optimal configurations and ensure that service level agreements (SLAs) are met.
SAS 70 Type II certification addresses all five components of internal control as outlined in the SOX legislation: control environment, risk assessment activities, control activities, information and communication systems, and monitoring activities. SAS 70 Type II certification validates that control activities and objectives are examined annually and documented by an independent accounting and auditing firm.
The managed hosting offering allows TeamConnect Legal customers to quickly implement the system, securely collaborate with outside counsel, reduce the need for internal technical expertise, and alleviate IT risks with:
-- Hardware and network infrastructure administration
-- 24x7 network operations center
-- Technical expert resources for operating systems, networks, and
databases as well as TeamConnect
-- Rapid response and recovery
-- Patching and upgrades
-- Backups and data storage
-- Custom hosting for each implementation
-- Customer service interface and single vendor technical support team
"With our Infinistructure utility-computing platform giving companies the flexibility and scalability their applications need and our Highly Managed Hosting offering providing companies with the high levels of support and availability necessary for our customers to meet their goals, Terremark is able to help companies meet the IT challenges of today's marketplace," said Barry Field, Senior Vice President of U.S. Commercial Sales for Terremark. "Coupled with the highly secure, reliable carrier-neutral environments our facilities offer, our hosting services provide customers with the ideal solutions for their IT infrastructure needs."
"TeamConnect Legal managed hosting services allow legal departments with limited IT resources to benefit from the decades of best practices we have built into the system," said Dan Welch, Mitratech's Vice President of Sales & Marketing. "Companies of every size and structure can gain greater visibility into matters, risks, performance, and spend while improving outside counsel collaboration safely and securely."
About Mitratech
Since 1987, Mitratech has provided matter management, compliance, and security solutions to the world's largest organizations. With direct access to financial, performance, and exposure data, our clients have better aligned departmental management strategies with corporate and budgetary objectives. Beyond operational efficiency gains, Mitratech clients use TeamConnect to collaborate with business partners, provide superior service, and realize tangible cost savings. For more information, please visit www.mitratech.com .
About Terremark Worldwide, Inc.
Terremark Worldwide (NASDAQ: TMRK) is a leading global provider of IT infrastructure services delivered on the industry's most robust and advanced technology platform. Leveraging data centers in the United States, Europe and Latin America with access to massive and diverse network connectivity, Terremark delivers government and enterprise customers a comprehensive suite of managed solutions including hosting, colocation, connectivity and security services. Terremark's acclaimed Infinistructure(TM) utility computing architecture has redefined industry standards for scalable and flexible computing infrastructure and its DigitalOps® service platform combines end-to-end systems management workflow with a comprehensive customer portal. More information about Terremark Worldwide can be found at www.terremark.com .
Editorial Contact: Keith Do Mitratech 323.900.1947 Email Contact Xavier Gonzalez Terremark Worldwide, Inc. 305.860.7856 Email Contact
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