SAVVIS to Power InvestLinkASP; SAVVIS Managed Hosting, Network and Security Services, To Enable Innovative ASP Delivery Model f
19 Juni 2006 - 1:54PM
Business Wire
SAVVIS, Inc. (NASDAQ:SVVSD), a global leader in IT infrastructure
services for business applications, today announced that InvestLink
Technologies, LLC, a leading provider of software and support for
the Defined Contribution industry, has selected SAVVIS to deploy
the hosted IT infrastructure behind InvestLinkASP, an Internet -
based recordkeeping, information processing, and administration
application. Under the terms of the agreement, InvestLink will
deploy SAVVIS' managed IT infrastructure services, including
virtualized utility compute, storage and security services to
underpin its own hosted applications, which allow companies to
monitor and manage their funds. InvestLink will also leverage
SAVVIS' global IP VPN, allowing InvestLinkASP clients to provide
secure access for their clients to access their Defined
Contribution/401(k) plan portal with complete confidence in the
security of their transactions. "InvestLinkASP is an extremely cost
effective use of technology for the Defined Contribution industry
delivered in an ASP model," said Timothy Slavin, Chief Executive
Officer, of InvestLink. "SAVVIS' provides us with a total IT
solution, in an ultra secure data center environment. Our movement
to SAVVIS as our hosting partner coupled with our move to
Microsoft's .net platform brings a new and unique value proposition
to the industry." The InvestLink system provides the business
functions needed to administer all types of Defined Contribution
plans including 401(k), 403b, 457, ESOP, Money Purchase, and
Non-Qualified plans. The application is a robust platform that
manages all aspects of Defined Contribution administration,
including for example reporting, management tools, regulatory
compliance, and web-based access for participants, plans and
brokers. Individual users can access information that allows them
to manage and monitor their Defined Contribution plan whenever and
from wherever they choose. All this is done at SAVVIS' secure site
without the expensive hardware and software investment
traditionally needed for on-site LAN based systems. Many firms both
large and small offer Defined Contribution administration services.
The InvestLinkASP is a technology platform that is scalable and at
a cost that is dramatically less than competitive products.
"InvestLink is part of a growing number of financial services
providers looking to distribute their innovative applications
products via a high performance ASP model," said Michael Cooleen,
Vice President & General Manager, Financial Markets Division,
for SAVVIS. "We are pleased to support InvestLink and their clients
by providing a comprehensive, hosted IT solution that fully enables
InvestLinkASP." About InvestLink Technologies, Inc. InvestLink is a
leading software developer and marketer of applications for the
record keeping, administration and servicing of Defined
Contribution plans. Today, more than forty (40) third-party
administrators with more than 400,000 participants use InvestLink's
TotalServiceManager(TM) software platform. For more information
about InvestLink, visit: http://www.invlink.com. About SAVVIS
SAVVIS, Inc. (NASDAQ:SVVSD) is a global leader in IT infrastructure
services for business applications. With an IT services platform
spanning North America, Europe, and Asia, 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: http://www.savvis.net. Forward-Looking Statements
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.
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