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.
