USinternetworking Launches Storage Area Network Service
TheStreet.com is First Customer to Rely on EMC-Proven USiSAN for Hot Site Recovery
ANNAPOLIS, Md.--(BUSINESS WIRE)--Feb. 24, 2000-- USinternetworking, Inc. (Nasdaq:USIX - news), the leading Application Service Provider (ASP), today launched the USiSAN(SM) (Storage Area Network), providing wide area networked storage that will maximize uptime for online companies. Powered by EMC Enterprise Storage systems, networks and software, USiSAN is the storage core of the USi Global Services Platform(SM) (USiGSP).
The delivery of USiSAN marks the first time an ASP offers companies high reliability, performance, security and failover capability using external storage for mission critical systems. Traditionally, businesses had to provide, maintain and connect mission critical system storage locally to achieve these requirements. In addition, USi's emphasis on providing security through both technical and policy measures ensures that clients realize security gains beyond what they might otherwise attain with in-house maintenance of the infrastructure for these systems.
USi's first implementation of USiSAN is a complex disaster recovery solution for TheStreet.com incorporating a web site and publishing failover system that delivers unprecedented performance, virtually eliminating unplanned downtime. The USi solution for TheStreet.com integrates EMC Enterprise Storage Network (ESN) technology with servers from Sun Microsystems, database software from Oracle and Quest, VPN technology from Network Alchemy and USi-developed replication and process automation software. ESNs consolidate distributed information from departments and business units throughout the enterprise into a single, easily managed, centralized information infrastructure. USi replicates TheStreet.com's production data in real-time to the USi data center and TheStreet.com's servers at USi are attached to USi's EMC-based USiSAN.
''USiSAN delivers sub-second database replication for a complete site failover for TheStreet.com's mission critical multi-tier web, application and database architecture in under five minutes, with no loss of transactions or web content,'' said Christopher R. McCleary, Chairman and Chief Executive Officer of USi. ''Subscribers are automatically and transparently redirected to the alternate USi site when it's necessary. EMC technology has been a key component of our technological infrastructure and we are proud to partner with this storage leader to deliver this groundbreaking ASP capability.''
EMC recently qualified USi for the EMC Proven E-Infostructure program. The Internet infrastructure program defines the highest standards for information availability, scalability and management. ''As a leader among the new breed of companies shaping the information economy, USi is in the business of information,'' said Mark Ward, EMC's Vice President of Global Marketing. ''To these companies, nothing is more strategically important than their investment decisions around information infrastructure. By implementing an EMC Enterprise Storage Network as the foundation around which it manages and protects its customers' most valuable resource, USi can assure its customers of the highest levels of information availability and integrity. ''
''We selected USi to provide site mirroring as a result of their mission-critical infrastructure and demonstrated performance, which are absolutely critical to our success,'' said David Willen, Chief Technical Officer of TheStreet.com.
USi iMAP(SM) clients receive integrated packaged application software, implementation, computing hardware, ongoing network services, hosting and client care service - all for a flat monthly fee that eliminates large up-front capital expenditures. The USiSAN capability brings clients new flexibility for high quality infrastructure and remote storage. By providing replication for database and flat files, geographically distributed load balancing, fast time-to-benefit, high quality of service and lower cost than traditional implementation methods, USi is building the foundation for companies that ultimately will need dual primary systems.
About TheStreet.com, Inc.
TheStreet.com, Inc. (Nasdaq:TSCM - news) is a leading Web-based provider of financial news and commentary. TheStreet.com was founded in 1996, with an editorial team of over 80 experienced financial journalists based in New York City, San Francisco, Silicon Valley and London and commentators throughout Europe and Asia. Under a recently announced strategy, the Company's main site at www.thestreet.com will become entirely free in the second quarter of 2000, augmented by a network of sites including RealMoney.com, a subscription-based commentary site featuring columnists including James J. Cramer, Herb Greenberg, Adam Lashinsky and more than two dozen others. TheStreet.com, Inc. has established strategic alliances with The New York Times, FOX News Network, Israel's Ha'aretz Group, America Online, Yahoo!, E*TRADE, DLJdirect, Intuit, 3Com and other leading companies. TheStreet.co.uk, a site majority owned by TheStreet.com, offers financial news and commentary to U.K. investors.
About EMC Corporation
EMC Corporation, based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software, networks and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including Unix, Windows NT, Linux and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate web site can be accessed at emc.com.
About USinternetworking Inc.
USinternetworking Inc. (NASDAQ:USIX - news) is the leading Application Service Provider delivering enterprise software as a service. The company's iMAP(SM) portfolio of service offerings delivers the rich functionality of leading software from Ariba, BroadVision, Lawson, Microsoft, Niku, PeopleSoft, Sagent, and Siebel as a continuously supported, flat rate monthly service enabling enterprises to rapidly and cost effectively deploy modular eBusiness functionality with secure global Internet connectivity. For more information, visit www.usi.net.
Internet Managed Application Provider, iMAP, AppHost and PriorityPeering are service marks of USinternetworking, Inc. All other trademarks are the property of their respective owners. USi strategic partners and providers are publicly traded on NASDAQ under the symbols: ARBA, BVSN, CSCO, MSFT, PSFT, SEBL, and SGNT.
Information in this release may involve expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to USinternetworking Inc. as of the date of the release, and we assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Some of the factors and risks associated with our business are discussed in the Company's registration statement on Form S-1 declared effective by the Securities and Exchange Commission (''SEC'') on April 8, 1999, the Company's Form 10-Q filed with the SEC on November 15, 1999, and in our other reports filed from time to time with the SEC.
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