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Technology Stocks : Comdisco, Inc. (NYSE: CDO)

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To: KevRupert who wrote (566)8/2/2000 8:47:02 PM
From: KevRupert  Read Replies (1) of 689
 
Web Hosting Contract: YesTrader

Thanks TM for the headsup!

biz.yahoo.com


Wednesday August 2, 12:00 pm Eastern Time

Press Release

YesTrader Chooses Comdisco for Web Hosting Services
Managed Hosting and Availability Services Guard Against Downtime for Online Commodities Trading Firm

ROSEMONT, Ill.--(BUSINESS WIRE)--August 2, 2000--YesTrader, a provider of Web-based applications for futures, options and equities traders, has chosen Comdisco Web Services for managed hosting and availability services to ensure uptime for YesTrader's Web site and critical applications.

Founded in January, YesTrader provides applications that offer traders and portfolio managers a fast, reliable way to trade and manage investment positions over the Web or via a private network.

``In developing a solution that meets the needs of professional traders around the globe, one of our concerns was availability: In the trading world, downtime is simply not an option,'' said Joe Zednik, chief technical officer and co-founder of YesTrader. ``With Comdisco, we have a complete managed hosting solution backed by global expertise in continuity and availability services to ensure our users can access their accounts and trade.''

YesTrader's applications include YesTrader Futures, YesTrader Options, YesTrader Options Portfolio Manager, YesTrader Risk Manager, YesTrader Broker Book and YesTrader Spread Matrix. The company's software has been approved for use in exchanges worldwide. Frankfurt's Eurex and London's LIFFE exchanges have approved YesTrader software for buying and selling products on their exchanges. The Chicago Board of Trade-Eurex Alliance, which should become effective in the near future, has also approved YesTrader for connectivity. Later this summer, following extensive testing, YesTrader expects approval of its software from Globex, the platform for trading on the Chicago Mercantile Exchange.

``YesTrader needs more than just collocation facilities to ensure their site is available and performs at the highest levels,'' said Allan Graham, vice president and general manager of Comdisco Web Services. ``We offer an integrated, managed hosting solution that protects companies from downtime and lets them focus, with peace of mind, on running their business.''

Comdisco Web Services launched its Web-Availability(SM) Solutions in March to offer a high availability hosting solution to both dot.coms and traditional brick-and-mortar companies with significant e-commerce initiatives. The services include:

Continuous Web-Availability Services, which use a combination of load balancing between geographically distributed primary and alternate sites, high availability techniques for database synchronization and high-speed networking;
ATOP(SM) Services (At-Time-of-Peak), a turnkey solution that immediately delivers additional capacity to meet planned or dynamic peaks in traffic to a customer's site;
And Rapid Recovery and Web Disaster Recovery services, which enable customers to restore their Web presence within a pre-defined time frame, using redundant technology, standby operations and alternate sites.


For more information on Comdisco Web Services, call 800.272.9792.
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