Connectria Launches St. Louis' First Information Technology Utility to Provide IT Outsourcing Services

ST. LOUIS, MO - March 24, 2003 - Connectria, an award-winning information technology (IT) outsourcing provider, today announced St. Louis' first IT Utility. Connectria's IT Utility leverages its world-class St. Louis data center and IT infrastructure with a variety of high-speed broadband and fiber networks. Combined, Connectria's IT Utility delivers a complete range of IT outsourcing and disaster recovery services at lower costs and higher service levels than companies can typically provide themselves.

"Prior to the 20th century, companies often built their own power plants to generate electricity. Then came the electric power grids and companies closed their plants and joined the utility networks," noted Richard S. Waidmann, President & CEO of Connectria. "Today, most companies run their own data centers, networks, servers and databases that use the same underlying technologies and require the same skills as every other company. Like electricity, these functions are essential for companies but provide no economic benefit for their business," according to Waidmann. "By leveraging Connectria's world-class facilities and staff over our large customer base, Connectria's IT Utility gains significant economies of scale to deliver higher service levels at significant cost savings," Waidmann noted.

Unlike traditional IT outsourcing providers, Connectria's IT Utility delivers outsourced IT services on a flexible, pay-as-you-go model, allowing companies to gracefully outsource their IT infrastructure without having to outsource everything at once. Today, over 200 companies worldwide use Connectria's IT Utility.

About Connectria
Connectria is a profitable and growing global provider of complex hosting and managed hosting services. Connectria offers an array of hosting services for companies of all sizes across a wide range of technologies, including Enterprise Applications, Software as a Service (SaaS), HIPAA Compliance Support, Data Center Outsourcing, Disaster Recovery and Cloud Computing. A privately held company, Connectria has built its business through reinvesting profits and without equity financing. Connectria operates world-class Data Centers, Network Operations Centers, and Engineering Centers located in St. Louis, Missouri and Philadelphia, Pennsylvania. From these facilities, Connectria operates as a virtual extension of its clients' IT organizations.

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