Drive Financial Services Expands Presence and Use of Services in Terremark Datacenters
[ Terremark Worldwide Inc. · 2008-02-07 ] - Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading provider of managed IT infrastructure services, today announced that Drive Financial Services Inc. (formerly Drive Financial Services® LP) has selected Terremark to provide high availability disaster recovery services to the existing managed infrastructure environment that manages their business continuity plans. Santander's environment of managed dedicated servers and storage solutions in the NAP of the Americas will be complemented by Terremark's Infinistructure™ utility computing platform.
"Terremark has consistently provided reliable world-class services and we believe our expanded relationship will only enhance our ability to serve our customers," said Don Goin, CIO of Drive Financial Services. "The Company's ability to continuously provide highly available services through the massive and diverse connectivity offered across its datacenter footprint remains a key ingredient to our successful growth."
Terremark's ability to offer site-to-site connectivity to its datacenters throughout the world and the superior connectivity offered by the NAP of the Americas to Drive Financial Services's remote international call centers affords Drive Financial Services continuous access to their infrastructure. Additionally, the reliability of Terremark's datacenter infrastructure and disaster recovery services provides zero downtime for Santander's business-critical applications.
"Drive Financial Services's decision to expand their relationship with Terremark is further proof of the strong demand from current and prospective customers in our full-suite of services," said Barry Field, Senior Vice President of U.S. Commercial Sales for Terremark Worldwide, Inc. "Drive Financial Services has been a excellent customer and we look forward to continuing to grow our mutually beneficial relationship in the coming years."
About Terremark Worldwide, Inc.
Terremark Worldwide, Inc. (NASDAQ:TMRK) is a leading global provider of IT infrastructure services delivered on the industry's most robust and advanced operations platform. Leveraging data centers in the United States, Europe and Latin America and access to massive and diverse network connectivity, Terremark delivers government and enterprise customers a comprehensive suite of managed solutions including hosting, colocation, connectivity and security services. Terremark's acclaimed Infinistructure™ utility computing architecture has redefined industry standards for scalable and flexible computing infrastructure and its DigitalOps® service platform combines end-to-end systems management workflow with a comprehensive customer portal. More information about Terremark Worldwide can be found at http://www.terremark.com.
About Drive Financial Services
Drive Financial Services Inc. / Drive® is one of the fastest growing companies in the automotive finance sector. With a $4.9 billion portfolio originating from more than 15,000 dealer partners throughout North America, the company is a leading provider of programs that cover the entire specialty finance spectrum. Drive Financial Services (www.santanderauto.com) is privately-held and headquartered in Dallas. The company is majority owned by Banco Santander, SA.
Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, ability to cross-sell across an acquired customer base, ability to increase revenue yields within facilities, ability to refinance existing debt, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth, the successful integration of operations of acquired companies. Terremark does not assume any obligation to update these forward-looking statements.
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Terremark Worldwide, Inc.
Terremark Worldwide, Inc.