ST. LOUIS, June 2, 2011 /PRNewswire/ -- Savvis Federal Systems, a subsidiary of Savvis, Inc. (NASDAQ: SVVS), today announced that it has been awarded a $9.8 million, five-year (base and four options) delivery order under its General Services Administration (GSA) schedule by the U.S. Federal Election Commission (FEC). (Logo: http://photos.prnewswire.com/prnh/20090803/PH55929LOGO ) Under the terms of the agreement, Savvis – a global leader in cloud infrastructure and hosted IT solutions - will provide colocation, managed hosting, security and network services, as well as professional services to the FEC in two Savvis data centers. In addition, Savvis will host the FEC.gov website and disaster recovery solutions. Savvis Federal Systems was originally awarded a five-year (base and four options) delivery order with the FEC in March 2006. This new contract was awarded to Savvis by the FEC after a fair opportunity competition via GSA eBUY with other GSA Infrastructure-as-a-Service (IaaS) vendors. "Savvis Federal Systems is uniquely positioned to support federal agencies as they expand government relations into online, interactive channels," said David Shacochis, vice president, global public sector at Savvis. "We are excited about the opportunity to support the FEC with a flexible and scalable solution for application hosting and data protection." Savvis currently serves many high-profile U.S. government agencies, including the Small Business Administration and the National Labor Relations Board, through cloud, Web hosting and other services. In October 2010, Savvis Federal Systems was awarded a contract by the GSA to provide cloud computing to federal, state and local government organizations. Savvis is one of a select group of IT IaaS providers currently engaged with the GSA to provide Federal Information Security Management Act compliance of its cloud platforms for appropriately classified workloads. In February 2011, Savvis announced the availability of the Savvis Symphony Virtual Private Data Center (VPDC) enterprise-class cloud service to clients through its data centers in the Washington, D.C. metro area. Savvis also has a growing public sector presence in other countries around the world. For example, the company recently announced that its Government Wide Service (GWS) platform is now available to all government departments and third-party suppliers in the United Kingdom. This compliant IaaS platform provides a solution for government agencies looking toward a "G-Cloud" model of hosted, reduced-cost IT operations and services. The U.K. Home Office continues to use the platform, and the Ministry of Justice is a new client. About Savvis Savvis, Inc. (NASDAQ: SVVS) is a global leader in cloud infrastructure and hosted IT solutions for enterprises. Nearly 2,500 unique clients, including more than 30 of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information, please visit www.savvis.com. About the FEC In 1975, Congress created the FEC to administer and enforce the Federal Election Campaign Act (FECA), the statute that governs the financing of federal elections. The duties of the FEC, an independent regulatory agency, include the disclosure of campaign finance information, the enforcement of the provisions of the law such as the limits and prohibitions on contributions, and oversight of the public funding of presidential elections. For more information, please visit www.fec.gov. SOURCE Savvis, Inc.
SAVVIS (Nasdaq:SVVS) hit a new 52-week high Wednesday as it is currently trading at $39.69, above its previous 52-week high of $39.68 with 571,947 shares traded as of 11:21 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.
SAVVIS (Nasdaq:SVVS) hit a new 52-week high Monday as it is currently trading at $39.45, above its previous 52-week high of $39.44 with 42,333 shares traded as of 9:46 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.
SAVVIS (Nasdaq:SVVS) hit a new 52-week high Friday as it is currently trading at $39.39, above its previous 52-week high of $39.36 with 291,574 shares traded as of 10:46 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.