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Square 1 Bank Awards Hosted Solutions Multi-Year Managed Services Contract - Square 1 Bank selects Hosted Solutions to manage their entire application infrastructure and disaster recovery efforts
Square 1 Bank Awards Hosted Solutions Multi-Year Managed Services Contract

 

PRZOOM - /newswire/ - Raleigh, NC, United States, 2007/09/26 - Square 1 Bank selects Hosted Solutions to manage their entire application infrastructure and disaster recovery efforts.

   
 
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Hosted Solutions, the East Coast’s premier data center and managed services provider announces today that Square 1 Bank, a leading provider of financial services to venture capital firms and companies that receive venture capital investment, has selected Hosted Solutions to provide its managed hosting needs. The decision utilizes Hosted Solutions’ Raleigh data center facility and secure network, and will give Square 1 Bank access to the latest in hosting technology.

For the next three years, Hosted Solutions will provide Square 1 Bank with a fully managed infrastructure and operating system to house their core applications. The solution will help Square 1 Bank optimize their operations across application management, infrastructure management, and the deployment and optimization of new and existing applications, while being scalable to meet Square 1’s rapid growth. The infrastructure consists of Hi-Touch dedicated servers, managed back ups, SAN storage, monitoring, managed security and internet services, and network connectivity. In providing all of these services, Square 1 Bank is entrusting Hosted Solutions to manage their entire application infrastructure and disaster recovery efforts.

“With redesigning our entire network IT infrastructure, we needed a secure place to centralize our applications. Hosted Solutions SAS 70 Type II certified Raleigh Data Center provided the facility that we had been looking for, and we are confident their expert staff can manage and handle the scalability needed for our rapid growth,” states Don Sturdivant, CTO of Square 1 Bank. “Hosted Solutions enterprise solution will aid us in continuing to satisfy an ever-increasing customer demand for service convenience and product quality.”

Rich Lee, CEO of Hosted Solutions responds, “Our SAS 70 Type II certified data centers are able to benefit Square 1 Bank in our ability to handle the scalability they need while guaranteeing high availability and outstanding support for all of their systems and applications. By reducing Square 1’s costs and risk by optimizing their daily IT operations, we are able to partner with Square 1 to help maximize their relationships with both their internal employees and external customers.”

About Square 1 Bank
Square 1 Bank first opened its doors August 8, 2005, as a full service commercial bank providing financial services to venture capital firms and entrepreneurs in all stages of growth and expansion. Square 1’s expertise, focus and strong capital base provide solid support for its clients’ needs. The bank offers tailored products and solutions aided by the latest technological innovations. To serve its relationships, Square 1 has offices coast to coast in Austin, Boston, McLean, New York metro, San Diego, Seattle, and the Silicon Valley. The bank is headquartered in Durham, North Carolina.

About Hosted Solutions
Hosted Solutions’ high quality Data Center and Managed Hosting solutions maintain and protect customers’ mission-critical, back-office IT systems and applications, enabling them to reduce operating costs, lower the risk of downtime, focus on core competencies, and achieve their top business objectives. The company operates four SAS 70 Type II audited Data Centers in Boston MA, Charlotte NC, Raleigh NC, and Cary NC providing best-of-breed data center operations with hardened physical infrastructure, the highest level of security, and a complete managed services portfolio.

 
 
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Square 1 Bank Awards Hosted Solutions Multi-Year Managed Services Contract

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Contact: Matt Barker - HostedSolutions.com 
919-882-3029 mbarker[.]hostedsolutions.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Hosted Solutions securities in any jurisdiction including any other companies listed or named in this release.

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