NaviSite Breaks Ground for Advanced Technology Data Center
NaviSite Begins Construction of New Data Center Due to Increased Growth - Facility To Open January 2000 and Launch Company into the New Millennium
ANDOVER, Mass.--(BUSINESS WIRE)--June 9, 1999-- At a groundbreaking ceremony today, NaviSite, Inc., a leading Application Service Provider (ASP) and Web hosting supplier, and a majority-owned subsidiary of CMGI, Inc. (Nasdaq:CMGI - news), announced the company has begun construction on a new data center. The new facility located at 400 Minuteman Park in Andover, MA will be one of the most technologically advanced data centers in the applications outsourcing industry, and will allow NaviSite to expand its rapidly growing applications outsourcing operation well into the next millennium.
The new facility at Minuteman Park will enable NaviSite to significantly expand its operation and will be customized to meet the company's specific infrastructure needs, which will include fully redundant electrical, HVAC, and fiber-optic Internet connectivity infrastructures, as well as mechanical and generator systems. The 50,000 square foot data center will be developed to coincide with the construction of the company's new corporate headquarters. The entire complex is expected to be completed by January 2000.
''The development of our new data center facility and corporate headquarters in Minuteman Park is a milestone for NaviSite,'' said Bob Eisenberg, president of NaviSite. ''As a company, we pride ourselves on providing our customers with a competitive advantage by offering them a next-generation network and cutting-edge technology that will help them out-perform other online businesses. Companies who are selling products online are learning very fast that they must have the best infrastructure available. If your Web site crashes, the bottom-line is - you're going to lose to competitors.''
The growing trend toward Internet outsourcing and Web hosting is spurring tremendous growth for Internet and network companies like NaviSite. Businesses are seeing the financial benefits to outsourcing high-availability, high-performance business-critical Web applications that operate 24 hours a day, seven days a week. ''As the e-commerce industry grows, businesses must be able to meet a continuous flow of consumer activity on the Internet. Today's consumers want 24 hour access to their favorite retail stores or websites,'' stated Eisenberg.
NaviSite's new facilities will be fully outfitted with the latest technology from physical security to next-generation networking equipment. In addition, staff in NaviSite's new facility will focus on providing the highest level of Internet server management and applications expertise available today. The combination of NaviSite's new cutting-edge facility and technology with its highly professional application and server management staff will yield superior service and performance for Web and application hosting customers.
About NaviSite, Inc.
NaviSite, Inc., a majority-owned subsidiary of CMGI with minority investments from Dell and Microsoft, 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. Dell Computer Corporation and Microsoft Corp. each hold minority stakes in the company.
NaviSite's SiteHarbor Web hosting solutions provide secure, reliable, high-performance hosting and co-location services including high-performance Internet access, and high-availability solutions through load balancing, clustering, mirroring and storage services. NaviSite's SiteHarbor ProApps Application Services help make software more deliverable, as well as more powerful by bundling complementary applications services into highly integrated, comprehensive business solutions. The company's ProApps services, which include application hosting, management and rental, capitalize on NaviSite's synergistic portfolio of e-business services to provide global access to business critical applications and enhance the revenue-generating capabilities of Web sites.
For more information, visit NaviSite's Web site at www.navisite.com or call 978.552.3300. NaviSite is headquartered at 100 Brickstone Square, 5th Floor, Andover, MA 01810.
About CMGI
A recognized leader in the Internet economy, CMGI (Nasdaq: CMGI - news) has built a substantial base of Internet operating companies and, through its @Ventures affiliate, has invested in a growing portfolio of synergistic Internet enterprises which enhance the value of its core holdings. This unique method of generating equity for its shareholders is what CMGI calls ''creating net value.'' Microsoft, Intel, and Sumitomo hold minority positions in CMGI.
CMGI's majority-owned subsidiaries include Activerse, Adsmart, Engage, ICast, Magnitude Network, NaviSite, NaviNet, Planet Direct and ZineZone. The Company's @Ventures affiliates have ownership interests in Lycos, Inc. (Nasdaq:LCOS - news), Critical Path (Nasdaq:CPTH - news), Silknet (Nasdaq:SILK - news), Ancestry.com, Asimba, blaxxun, CarParts.com, Chemdex, eCircles.com, Furniture.com, HotLinks, KOZ.com, Medical Village, MotherNature.com, NextMonet.com, OneCore.com, Productopia, Raging Bull, Softway Systems, Speech Machines, ThingWorld.com, Universal Learning Technology, Vicinity, Virtual Ink and Visto.
CMGI is also the majority-owner of SalesLink, InSolutions and On-Demand Solutions, leaders in the direct marketing, fulfillment and turnkey arenas. CMGI Corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. Telephone: 978-684-3600. Fax: 978-684-3814. Additional information is available on the company's Web site cmgi.com. |
