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Federal CIO Touts Success of Terremark Customers in Outlining U.S. Cloud Computing Strategy

Thu. September 17, 2009; Posted: 08:00 AM
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MIAMI, Sep 17, 2009 (BUSINESS WIRE) -- TMRK | Quote | Chart | News | PowerRating -- During two recent public appearances, Vivek Kundra, federal chief information officer, highlighted the successful use of cloud computing by the U.S. General Services Administration (GSA) to power two of the Federal government's most high-profile websites, USA.gov and Data.gov. Both websites leverage the reliability and agility of Terremark's (NASDAQ:TMRK) Enterprise Cloud platform to provide critical government information to visitors from around the world.

During a news conference at NASA's Ames Research Center on September 15, Kundra discussed the GSA's need to reduce costs while adding flexibility for the Federal government's official website, USA.gov. The selection of Terremark's Enterprise Cloud to power USA.gov resulted in a reduction of annual costs from $2.5 million to $800,000, a savings explicitly cited by Mr. Kundra, as well as providing the scalability to dynamically provision cloud computing resources within minutes instead of weeks. In addition, the agile computing infrastructure allows GSA to deploy upgrades to USA.gov in 24 hours instead of the 6 months typically required in a traditional model.

"The U.S. government's cloud computing initiative will help drive many of the more than 10,000 IT systems run by Federal agencies to highly secure and reliable cloud computing solutions like the Enterprise Cloud," said Bruce Hart, COO of Terremark Federal Group. "This initiative sets the stage for widespread adoption of cloud computing solutions for the IT infrastructure needs of Federal agencies, and Terremark is ideally positioned to offer these types of solutions based on our proven track record as the leading provider of cloud computing services for the Federal government."

To view Federal CIO Vivek Kundra's full news conference, click here.

About Terremark Worldwide, Inc.

Terremark Worldwide (NASDAQ:TMRK) is a leading global provider of IT infrastructure services delivered on the industry's most robust and advanced technology platform. Leveraging data centers in the United States, Europe and Latin America with access to massive and diverse network connectivity, Terremark delivers government and enterprise customers a comprehensive suite of managed solutions including managed hosting, colocation, disaster recovery, security and cloud computing services. Terremark's Enterprise Cloud computing architecture delivers the agility, scale and economic benefits of cloud computing to mission-critical enterprise and Web 2.0 applications and its DigitalOps(R) 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.

Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the ability of Terremark to close the transaction with VMware and VMware's percentage ownership of Terremark common stock. 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.

SOURCE: Terremark Worldwide, Inc.

Terremark Worldwide, Inc. 
Media Relations: Xavier Gonzalez, 305-961-3134 
xgonzalez@terremark.com 
or 
Investor Relations: Hunter Blankenbaker, 305-961-3109 
hblankenbaker@terremark.com
For full details on Terremark Worldwide Inc (TMRK) click here. Terremark Worldwide Inc (TMRK) has Short Term PowerRatings of 7. Details on Terremark Worldwide Inc (TMRK) Short Term PowerRatings is available at This Link.

    


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