Company Expands Boston and Rhode Island vSite Disaster Recovery Facilities to Accommodate Continued Demand
BOSTON – May 1, 2006 – Eze Castle Integration, Inc. today announced double digit revenue growth with the close of the first quarter of 2006 and expansion of its vSite Disaster Recovery facilities. The company attributes the continued growth to strong demand by hedge funds and investment firms for its premier outsourced IT services including Startup and Relocation, Disaster Recovery and Voice over IP.
Revenue for the first quarter of 2006 was up 31 percent over the same quarter 2005 and the company added 29 new firms to its client roster. Eze Castle Integration’s vSite Disaster Recovery service client base also grew, spurring the company to double the size of its facilities in Boston and Rhode Island. With the ECI vSite service, firms are ensured their critical data is safe and accessible from anywhere in the world should an outage strike.
“Faced with requirements for greater transparency and operational efficiency, hedge funds are increasingly turning to outsourced IT providers to deploy critical business applications, in addition to traditional IT services management,” said Sang Lee, managing partner, Aite Group. “Hedge funds are relying on partners like Eze Castle Integration to design, implement and manage these solutions, which can include disaster recovery, archiving and VoIP. We expect the IT outsourcing market to continue its strong growth as more hedge funds and investment firms experience better deployment of resources and business continuity.”
Eze Castle Integration has more than 400 clients, including over 50 firms with assets under management in excess of $1 billion. Additional first quarter 2006 milestones, which reinforce the company’s commitment to client satisfaction, include:
•Reaching more than 700 users of the Eze Castle Integration Email and Instant Message Archiving service;
•Expanding the company’s infrastructure portfolio through a new partnership with FatPipe Networks;
•Chris Winalski joining the company as managing director of operations and general counsel to oversee day-to-day company operations;
•Chris Turek joining as a director charged with development of new technology service offerings; and
•Adding a newly accredited Certified Business Continuity Professional, Jason Nolan, to the Eze Castle Integration vSite Disaster Recovery team.
“Our quarterly growth is further evidence that hedge funds and investment firms no longer want the headache of managing internal IT staff and deployments,” said Chris Grandi, managing director of sales and marketing, Eze Castle Integration. “We are committed to helping our existing and prospective clients receive simple, hands-off management for critical technology systems. In addition, Eze Castle Integration is providing its client base with fully compliant and disaster-proof solutions, enabling them to feel fully confident in their business continuity plans.”