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3/14/07
FOR IMMEDIATE RELEASE
 
SafeData Doubles Revenues in Rapidly Growing Backup and Data Recovery Market
Warwick, R.I. – March 14, 2007 – SafeData, LLC, a technology company focused on helping companies protect their data, minimize downtime and recover and restore data quickly, today announced that it has experienced significant growth, doubling its business in the past year. SafeData attributes its success to the robustness of its data recovery and high availability product offerings and as a result of the significant growth in market demand.
IDC estimates that companies lose an average of $84,000 for every hour of downtime. Combine that estimate with the US Bureau of Labor's statistic that 93 percent of all companies that experience 'significant data loss' are out of business within five years, and there is no surprise that the backup and recovery market is growing at a significant rate.
"We came into the market at the right time," said Peter Briggs, president of SafeData. "We were able to build cost-effective, reliable solutions and grow a solid base of clients when the market was in its infancy. Now, we are riding the wave as more companies are realizing the need to protect their data during both planned system downtime and in the event of a disaster. We see 2007 as a year of continued growth for SafeData."
Three of SafeData's most recent clients include: Colibri Group, Perkins, Inc. and Volex Group. Colibri, the leader in lighter technology, selected SafeData's disaster recovery solution, SafeData/DR. Volex, a leading independent supplier of electrical, electronic and optical fiber cable assemblies, has also implemented SafeData/DR, as well as SafeData/HS (hot site). Perkins, one of New England's largest independent wholesale distributors of foodservice and sanitary supplies, chose SafeData's high availability solution, SafeData/HA, to meet its specific data protection needs.
Combining best-of-breed technologies from the industry's leading developers, SafeData/HA is a cost-effective high availability solution for an organization's most critical systems. Using industry-leading replication technologies, SafeData creates and maintains a mirror of its clients' systems in its data centers. During either planned or unplanned downtime, SafeData/HA is a high availability service that provides a switchable "mirror" of a company's data and applications guaranteeing continuity in two hours or less.
SafeData/DR is a cost-effective, subscription-based data protection service. Using leading-edge electronic vaulting technologies, SafeData/DR identifies and backs up only incremental changes to data delivering access to data within hours. This approach is faster, more efficient and more cost-effective than traditional methods. To take it a step further, SafeData/DR also performs a disk-to-disk restore of the data to a standby server at SafeData's two data centers, enabling clients to restore and recover their systems and data in 10 hours or less.
About SafeData, LLC
SafeData, LLC is a technology company focused on helping small and midsize businesses protect their data, minimize downtime and recover and restore data quickly. Offering Business Continuity Hosting Services to small and midsize businesses via its state-of-the-art data centers, SafeData provides the necessary support to protect businesses during disasters, technology failures or power or utility outages and minimize the management and financial burdens often associated with data security. SafeData’s suite of high availability and disaster recovery offerings allows companies to choose the solution that matches their specific needs. Some of SafeData’s clients include: The Calvin Klein division of Warnaco, Nypro, Inc., Ocean State Job Lot, Quaker Fabric Corporation, Symmons Industries and Wachovia. Founded in 2005, SafeData is headquartered in Warwick, R.I. For more information on SafeData, visit www.safedata.net.
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