EXHIBIT 99.1
FOR IMMEDIATE RELEASE
CONTACTS | ||
Media: | Investors: | |
Carter B. Cromley | Elizabeth Corse | |
(703) 667-6110 | (703) 667-6984 | |
carter.cromley@savvis.net | elizabeth.corse@savvis.net |
SAVVIS in Compliance with Nasdaq Requirements
ST. LOUIS, MO – March 28, 2006 – SAVVIS, Inc. (Nasdaq: SVVS), a leading global IT utility, announced today that it has received a letter from The Nasdaq Stock Market advising that the company is in compliance with The Nasdaq Capital Market’s $1.00 minimum bid price rule. As a consequence, SAVVIS’ shares will continue to be traded on the Nasdaq for so long as the company continues to comply with applicable listing requirements.
About SAVVIS
SAVVIS, Inc. (NASDAQ: SVVS) is a leading global provider of managed and outsourced IT services that focuses exclusively on IT solutions for businesses. With an IT services platform that extends to 45 countries, SAVVIS has over 5,000 enterprise customers and leads the industry in delivering secure, reliable, and scalable hosting, network, and application services. These solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT systems and operations. SAVVIS’ strategic approach combines virtualization technology, a global network and 25 data centers, and automated management and provisioning systems. For more information about SAVVIS, visit www.savvis.net.
# # #