Penny Stock News
SAVVIS to utilize Telanetix for Intercontinental Connection -
Jul 29, 2008 7:00:00 AM
BELLEVUE, Wash., July 29 /PRNewswire-FirstCall/ -- Telanetix, Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and VoIP services to business markets, today announced an agreement to supply leading IT infrastructure provider, SAVVIS, with its Digital Presence telepresence platform. SAVVIS, with an annual revenue of approximately $800 million, maintains its IT Platform across North America, Europe, and Asia, with particular focus on the financial services industry.
The agreement is SAVVIS' first installation of Digital Presence, connecting SAVVIS' St. Louis headquarters to its London location. Telanetix launched its UK distribution in early 2008. SAVVIS has designed with Telanetix the high bandwidth network services required to obtain the full value of the Telanetix Telepresence system.
"We've been very impressed with the feature set that Digital Presence has offered our company," said Ron Dobes, SAVVIS Vice President and General Manager of Network Products and Services. "By working with Telanetix, we've created an environment where our teams in St. Louis will be able to work more seamlessly with our London team, using our familiar everyday tools and workflow. This not only leads to increased productivity, but also a decrease in monies otherwise spent coordinating those efforts beforehand."
"SAVVIS' selection of Digital Presence is another example of the enterprise business segment deploying our technology," noted Doug Johnson, President and CEO of Telanetix. "A multisite enterprise such as SAVVIS clearly depends on the interoffice productivity that our telepresence offering can provide. The SAVVIS decision represents another validation of the value of our solution in this growing portion of the business communications marketplace."