News: From todays news:
"Enterprise customers, an increasing focus of NaviSite, have become the fastest growing category of customers for the company in recent months. At the same time, the company has experienced growth in all sectors, including dot com and independent software customers, as well as continued growth in terms of its annualized revenue per customer NaviSite is scheduled to announce its fiscal Q1 results on December 12th".
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Friday December 1, 9:30 am Eastern Time
Press Release
NaviSite Introduces Additional Services To Help Enterprises Launch Sites
New Services Complement Continued Growth in Enterprise Sector
ANDOVER, Mass.--(BUSINESS WIRE)--Dec. 1, 2000--NaviSite, Inc. (Nasdaq: NAVI - news) today announced a new set of integrated managed services designed to enable enterprise customers to rapidly deploy and implement their complex Internet applications. This new suite of services - Solution Analysis and Design, Complex Project Management and Pre-Launch Testing - cover the full cycle of implementation planning and deployment to enable customers to meet their business and technical objectives.
The Enterprise Site Launch Services suite consists of:
Solution Analysis and Design--This service defines and documents the technical and business requirements for a customer site, including detailed information on capacity requirements, performance and scalability goals as well as data management and security needs. Complex Project Management--This service manages detailed implementations smoothly by considering data center migrations, management of multiple partners and risk mitigation planning. Pre-Launch Testing--This service is intended to deliver maximum interoperability between the application and infrastructure, employing both scalability and fail-over testing to minimize risk and exposure.
These services add to NaviSite's existing solutions that address the needs of enterprises and other customers continuing to turn to outsourced managed application hosting services.
Enterprise customers, an increasing focus of NaviSite, have become the fastest growing category of customers for the company in recent months. At the same time, the company has experienced growth in all sectors, including dot com and independent software customers, as well as continued growth in terms of its annualized revenue per customer. NaviSite is scheduled to announce its fiscal Q1 results on December 12th.
About NaviSite, Inc.
NaviSite, Inc., is a leading provider of outsourced Web hosting and application services for companies conducting mission-critical business on the Internet. The Company's goal is to help customers focus on their core competencies by outsourcing the management and hosting of mission-critical Web sites and applications. NaviSite is a majority-owned operating company of CMGI, Inc. with minority investment from Microsoft Corporation.
NaviSite's SiteHarbor® solutions provide secure, reliable, co-location and high-performance hosting services, including high-performance Internet access, and high-availability server management solutions through load balancing, clustering, mirroring and storage services. In addition, NaviSite's enhanced management services, beyond basic co-location and hosting, are designed to meet the expanding needs of businesses as their Web sites and Internet applications become more complex and as their needs for outsourcing all aspects of their online businesses intensify. The Company's application services, which include application hosting, management and rental, provide cost-effective access to, as well as rapid deployment and reliable operation of, business-critical applications, including managed services for streaming media. For more information about NaviSite, please visit www.navisite.com or by phone on the East Coast call 888-298-8222, on the West Coast call 888-755-5525. NaviSite is headquartered at 400 Minuteman Road, Andover, MA 01810.
This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects including, for example, the expected benefits resulting from these service offerings. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: difficulty integrating Enterprise Site Launch Services with the products, services and technologies of NaviSite and other providers; decisions by enterprise and other customers to outsource their internet operations; and possible failure of systems or internal infrastructure. For a detailed discussion of these and other cautionary statements, please refer to the filings made by NaviSite with the Securities and Exchange Commission, including its Annual Report on Form 10- K for its most recently ended fiscal year.
Contact:
NaviSite, Inc. Mark Law 978.946.8660 mlaw@navisite.com or NaviSite, Inc. David Roy 978.946.8643 droy@navisite.com or Beaupre & Co. Public Relations, Inc. Darby Johnson 603.559.5809 djohnson@beaupre.com
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