World's Number Two CDN Adds Significant Business-To-Consumer Service Offering While Rounding Out SAVVIS' End-To-End Media Services Platform
HostReview.com Tuesday, April 20, 2004; 12:00 AM
LAS VEGAS
(National Association of Broadcasters - NAB) — April 20, 2004 —
SAVVIS Communications (NASDAQ: SVVS), a leading global IT Utility, today
unveiled newly expanded content delivery network services (CDNS). The
SAVVIS CDNS features a full range of flexible, easy-to-implement services
including content delivery, streaming media production and delivery, traffic
management and global load balancing to assist companies that engage with
thousands, if not millions of customers per day. Key business benefits
focus on eliminating capital and equipment ownership costs, providing
worldwide coverage, scalability, and on-demand storage and delivery capacity.
The SAVVIS
CDNS portfolio enables enterprises to deliver digital content assets to
end-users rapidly, reliably and cost-effectively. Combined with the highly
complementary WAM!NET media asset management services platform and the
HP partnership SAVVIS now offers a full range of managed media services
and solutions.
Comprised
largely of components acquired as part of the acquisition of the assets
of Cable & Wireless America, the SAVVIS CDN is the 2nd largest CDN
in the market today according to InStat MDR, and currently provides services
for some of the largest companies in the entertainment, technology and
media industries. For MSN Video, SAVVIS delivers the online streaming
video advertising via an end-to-end streaming media solution encompassing
content encoding, content and campaign management and streaming media
delivery services.
The SAVVIS
CDN culminates the integration of a valuable set of complementary media
services assets it has acquired over the last 12-18 months: (1) In late
2002 SAVVIS acquired DTM equipment and video transport services, providing
real-time and high-speed content services to major broadcasters and news
providers such as ABC News and MSNBC News. (2) In July 2003, SAVVIS announced
its acquisition of the commercial assets of WAM!NET, a leading global
provider of content management and delivery services, whose customers
include Universal Music Group, Time Warner, and Sony Pictures, among others.
(3) Early this year, SAVVIS acquired the assets of Cable & Wireless
USA, Inc. which, in addition to the world’s second largest CDN,
included a tier-1 IP network, more than 3,000 enterprise customers, a
comprehensive hosting services operation featuring 15 world class data
centers, and a complete range of managed hosting, consulting and infrastructure
services.
Now, having
integrated these complementary assets, SAVVIS is focused on delivering
a wide range of managed utility services that enable enterprises of all
types — including those in the media/entertainment sector —
to reach end-users seamlessly and efficiently, while reducing overall
operational costs.
Currently
deployed in more than 45 countries, SAVVIS’ media and content services
leverage the company’s industry-leading IP backbone, the world’s
largest wholly-owned autonomous system (AS), to provide cost-effective
high performance delivery in private and public networks around the world.
Key applications supported include: Real time and store/forward content
distribution, large file transport, digital software and document transport
and downloads, digital file manipulation, collaboration and workflow,
encoding, transcoding, webcasts, on-line sales and marketing campaigns,
ad serving, e-commerce, and portals and content aggregation.
“SAVVIS’
content delivery network service enables true end-to-end delivery of all
the necessary applications related to the creation, management and distribution
of digital content, and that offering is unique to SAVVIS, no one else
can do it all under one roof,” said Rob McCormick, SAVVIS Chairman
& CEO. “There are other players who are offering CDN-style services,
but these are typically boxes in a rented rack, or a software patch approach
— not a totally integrated, global, end-to-end service platform,
as SAVVIS is delivering,” McCormick added.
SAVVIS’
focus on facilitating the seamless integration of content contribution,
management and distribution services is supported by overall trends in
the communications sector. Leading analyst group IDC forecasts that U.S.
content management service spending will increase to $4.5 billion by 2007,
with a compound annual growth rate (CAGR) of 12.1%. Content management
operations remain the fastest growing segment of content management services,
projected to grow at 19.2% over the forecast period in the United States
to reach $1.2 billion in 2007.
About SAVVIS
SAVVIS Communications (NASDAQ: SVVS) is a global IT Utility that leads
the industry in delivering secure, reliable, and scalable hosting, network,
and application services. SAVVIS’ strategic approach combines the
use of virtualization technology, a utility services model, and automated
software management and provisioning systems. This allows customers to
focus on their core business while SAVVIS ensures the quality of their
IT infrastructure. With its recent acquisition of the assets of Cable
& Wireless America, SAVVIS becomes one of the worlds’ largest
providers of IP computing services and the world’s third largest
provider of hosting services. For more information about SAVVIS, visit:
www.savvis.net. For
more information about end-to-end media services from SAVVIS’ WAM!NET
division, visit: www.wamnet.com.
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 for
the year ended December 31, 2003, as filed with the Securities and Exchange
Commission on February 24, 2004, and all subsequent filings. SAVVIS assumes
no obligation to update or supplement forward-looking statements.
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