Ellie Mae's Encompass Mortgage Management Solution to Be Delivered via Integrated Data Centers and Global Wide Area Network
Nation’s Top Brokers and Bankers to Benefit from Innovative Software-as-a-Service Solution
ST. LOUIS, Mo.,—July 21, 2008—SAVVIS, Inc. (NASDAQ: SVVS), the global leader in IT infrastructure services for business applications, today announced an agreement with Ellie Mae, the leading provider of innovative software and services for the mortgage industry. Under the terms of the agreement, Ellie Mae will relocate and consolidate its U.S.-based IT infrastructure into two SAVVIS data centers in Santa Clara, CA and Chicago, IL, leveraging a single-vendor environment to enhance connectivity between its redundant data centers.
Using SAVVIS’ IT infrastructure, Ellie Mae will deploy its web-based business services, including its popular Encompass Mortgage Management Solution, with greater efficiency and at lower cost. The solution will feature SAVVIS’ Application Transport Network (ATN) which is integrated with most of its 29 data centers worldwide and further virtualizes and optimizes the delivery of enterprise applications.
“SAVVIS’ global IT services platform has allowed us to consolidate and simplify our infrastructure by providing us with a streamlined and unified environment that not only synchronizes data more efficiently, but also offers a more consistent operation. At the same time, we continue to drive toward a greener data center,” said Jonathan Corr, chief strategy officer of Ellie Mae. “SAVVIS’ carrier-grade IT services will improve the performance of the Encompass mortgage services applications and our customers will get higher reliability and redundancy as a result.”
“Ellie Mae is a great fit for SAVVIS because our company’s IT infrastructure platform is ideally suited to underpin and enable Software-as-a-Service business models,” said James Whitemore, chief marketing officer of SAVVIS. “We look forward to building a long-term relationship with Ellie Mae as a trusted IT services partner as their business continues to grow in the financial services sector.”
About Ellie Mae
Ellie Mae is an award-winning provider of software and services for the mortgage industry, offering comprehensive business solutions for mortgage brokers, mortgage bankers and lenders. The company's key offerings include the flagship Encompass Mortgage Management Solution, the Encompass WebCenter, Electronic Document Management (EDM), Encompass CenterWise™ and Encompass Closer. More than 150,000 mortgage professionals use the Encompass mortgage management solution, including two-thirds of the nation’s top 300 brokers and nine of the top 10. Ellie Mae is recognized for linking the many parties critical to the mortgage origination industry through its ePASS Network. One third of the nation's almost $2 trillion in new mortgages originated every year pass through the ePASS platform, enabling mortgage companies to easily conduct electronic business transactions with dozens of leading lenders and thousands of settlement service providers. Ellie Mae was founded in 1997 and is based in Pleasanton, California. To learn more about Ellie Mae, visit www.EllieMae.com or call 877.355.4362.
SAVVIS, Inc. (NASDAQ: SVVS) is a global leader in IT infrastructure services for business applications. With an IT services platform spanning North America, Europe, and Asia, SAVVIS is an industry leader 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 multiple data centers, and automated management and provisioning systems. For more information about SAVVIS, visit: http://www.savvis.com.
SAVVIS Forward-Looking Statements
This document may contain 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 as well as the risk that potential product cost and performance benefits may not be realized for any particular customer. SAVVIS assumes no obligation to update or supplement forward-looking statements.
2008 Ellie Mae, Inc. All rights reserved. Ellie Mae, Encompass, and ePASS are registered trademarks and Encompass CenterWise, and Ellie Mae Closer are trademarks of Ellie Mae, Inc. in the United States.
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