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| News and Events—Press Releases |
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For more information, contact:
Karen Higgins
A & E Communications for SafeData
(610) 831-5723
khiggins@aandecomm.com |
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| 7/18/2005 |
| FOR IMMEDIATE RELEASE |
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| SafeData, LLC Formed to Ensure Business Continuity |
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| Warwick, R.I. – July 18, 2005 – Two successful entrepreneurs, Peter Briggs and Larry Putterman, today announced the launch of
SafeData, LLC, a technology company focused on delivering a faster and more cost-effective way for small and mid-sized businesses to protect their data, recover and restore it and minimize downtime. |
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| According to the Gartner Group, a leading independent technology consulting firm, fewer than 10 percent of small and midsize businesses have crisis management, business recovery and business
resumption plans in place. The firm also estimates that two out of five small and midsize businesses who suffer a disaster will go out of business within five years. With most IT solutions designed
for large enterprises, the availability of affordable technology options to enable small and midsize businesses to effectively protect their business has been limited. |
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| “We looked everywhere in the market for high availability and disaster recovery solutions for small and medium-sized businesses and we discovered two areas that were lacking,” said Mr. Briggs,
president of SafeData. “One, the solutions were often cost-prohibitive for small to medium-sized businesses to adopt. Two, even with the considerable investment required, the recovery times were too long.” |
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| Mr. Briggs was the founder of ADS, Inc., a traditional hardware and software integrator that offered availability and backup solutions to its clients. Working with numerous businesses on their business
continuity strategies, he realized that small and midsize businesses could not absorb the large capital investments necessary for high availability and disaster recovery solutions and could not assume the no-guarantee
risk of the shared service model. He identified a significant market demand for outsourced availability and disaster solutions and joined forces with Mr. Putterman, an expert in operations and business development, to
create SafeData specifically focused on serving the needs of small and midsize businesses. |
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| “Companies can no longer wait until their systems fail to find a way to prevent future outages or disasters,” said Mr. Putterman, chairman of SafeData. “Regulatory pressures, such as Sarbanes-Oxley and HIPAA, are
driving the demand for more rapid data recovery for large, public companies as well as small and midsize businesses. Understanding risk potential and developing a sound business continuity plan is a requirement of doing
business today. SafeData provides companies with the real-time backup services to enable 24x7 access to their mission-critical systems.” |
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| “Based on the industry’s most advanced technologies combined with our world-class data centers in Warwick, R.I. and Medford, Mass., we are able to deliver high availability and disaster recovery solutions at a fraction
of the cost,” said Mr. Briggs. “As technology evolves, we become the asset managers for our clients eliminating the burden put on the IT staff and enabling our clients to focus more on building their businesses.” |
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| SafeData offers a suite of disaster recovery products and cost-effective services designed to meet both recovery time and recovery point requirements of businesses. Its primary offerings include SafeData/HA, an outsourced
high availability solution that guarantees recovery in two hours or less; SafeData/DR, a middleware solution providing point-in-time capture of changed data through the Internet for companies with recovery time objectives of
10 hours or less; and SafeData/HS, a hot site that guarantees recovery in 48 hours or less. The multi-tiered service is available across business application platforms, including IBM iSeries (formerly AS/400) and PC platforms
running Windows. |
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| The company is initially focusing on providing solutions to businesses in the financial services, healthcare, manufacturing and distribution markets that have the greatest need for high availability solutions. Companies such
as Wachovia, the Calvin Klein division of Warnaco, Quaker Fabrics, Nypro, Inc., Symmons Industries and Ocean State job Lot have contracted with SafeData for its rapid recovery services. |
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| “SafeData was able to come in and help us to determine the systems we needed,” said Norm Sturdevant, CIO at Quaker Fabric Corporation. “Their expertise in the iSeries environment has enabled us to ensure the rapid recovery required
by our demanding operations. Moving to the SafeData/HA solution has definitely paid off.” |
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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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