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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: CrayUSA who wrote (27047)2/18/2000 11:44:00 AM
From: Stock Watcher  Respond to of 52051
 
it will be on next week's *New* IPO Index, along w/many others you like;



To: CrayUSA who wrote (27047)2/23/2000 3:33:00 PM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
Cray; good news for SVVS:

Wednesday February 23, 8:30 am Eastern Time
Company Press Release
Prescient Markets Selects SAVVIS Communications to Deliver Total Internetworking Solution
Groundbreaking Effort Directly Connects Buyers, Sellers of Short-term Corporate Debt
RESTON, Va.--(BUSINESS WIRE)--Feb. 23, 2000-- SAVVIS Communications Corp., a leading global internetworking solutions provider, and Prescient Markets announced today that SAVVIS will provide Prescient Markets with an integrated networking solution for Prescient's first Internet-based system, cpmarket.com.

For the first time ever, investors will have access to a large number of commercial paper programs from the major direct issuers over the Internet. Prescient Markets' state-of-the-art Internet technology, cpmarket.com, will provide a real-time link between commercial paper issuers and investors, enabling them to transact directly with unprecedented speed and efficiency in a cost-effective environment.

``SAVVIS has unparalleled experience and a proven track record in providing and managing Internet e-business solutions,' said Laurent Paulhac, CEO and founder of Prescient Markets. ``This made SAVVIS the premier choice to provide an integrated networking solution for cpmarket.com.'

SAVVIS will provide Prescient Markets with a complete internetworking solution for its groundbreaking effort. SAVVIS will provide managed hosting for Prescient's application and database servers, along with a Managed IP Network solution connecting the 18 companies in the consortium back to the Prescient servers in the SAVVIS St. Louis hosting facility. SAVVIS' broad coverage of the financial community gives Prescient Markets on-net connectivity to 4,500 financial institutions. SAVVIS is also providing its industry-leading Internet access service to the hosted servers for connectivity to the traders at large.

The agreement leverages the SAVVIS ProActive Network SM, providing Prescient with the Quality of Service levels that guarantee the performance it needs to offer secure, real-time information and transactions for its customers.

``The combination of SAVVIS and Prescient is a good strategic fit,' says SAVVIS President Jack Finlayson. ``Prescient's customers require the highest level of speed, reliability, and security in their transactions, and SAVVIS specializes in offering financial, web-based companies the network capabilities that meet those needs.'