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Industry Leader to Showcase Hosted Email and Collaboration Services at Lotusphere 2010

Mon, 01/18/2010 - 3:01am
The Associated Press

http://www.navisite.com () —

IBM Lotusphere 2010 -- NaviSite, Inc. (http://www.navisite.com/) (NASDAQ: NAVI), the worldwide leader of cloud-enabled, enterprise-class hosting, managed applications and services, announced today Hosted Lotus Services powered by NaviCloud (http://www.navisitemcs.com/) at IBM Lotusphere 2010 this week at the Walt Disney Resort in Orlando, FL. The solutions will be showcased at pedestal 615 and include Hosted Lotus Notes and Domino, Lotus Sametime, Lotus Quickr and Lotus Connections.

Managing an IBM Lotus email and collaboration environment can be challenging -- particularly in light of growing cost pressures, security threats, limited resources, and user demand for reliable, anytime-anywhere access to data. NaviSite Hosted Lotus Services answers these challenges by giving organizations on demand access to the latest Lotus software for predictable monthly fees and without up-front capital expenditures. Organizations can save up to 47% over in-house solutions without the risk of obsolescence, and end users gain access to the full functionality of the latest IBM Lotus clients with improved security and reliability.

Powering NaviSite's Hosted Lotus Services is NaviCloud, a robust cloud offering comprised of enterprise class components including Cisco's Unified Computing System, VMware's Virtual Infrastructure 3.5 and vSphere 4.0, and IBM XiV SAN. Multiple SAS70 Type II data centers are linked with Gigabit connections to form an industrial-grade fabric that provides built-in redundancy ensuring SLA committed uptimes of 99.9% for all Lotus email and collaboration applications. NaviCloud also provides on-demand scalability for rapid deployment with no up-front capex commitments, and business continuity with Disaster Recovery time objectives measured in minutes, not days. Each organization's logical infrastructure is dedicated to them, allowing for customizable, enterprise level services such as dedicated directories, integration into custom on-premise applications, and dedicated networks behind high availability firewalls.

"NaviSite has provided Hosted Lotus services for over 16 years, and our administrators and developers work with some of the largest Lotus environments in the world on a daily basis," said Denis Martin, CTO at NaviSite. "Our latest platform is a culmination of that experience and includes the latest Lotus Email and Collaboration Applications, best of breed Compliance Archiving, Anti-Virus and Anti-Spam solutions, and support for virtually every smart Mobile device in the market, all of which are sold on a simple, easy-to-understand per user basis."

Hosted Lotus Services powered by NaviCloud is expected to be generally available in second quarter 2010.

About NaviSite

NaviSite, Inc. (NASDAQ: NAVI) is a leading worldwide provider of enterprise-class, cloud-enabled hosting, managed applications and services. With over 20 years experience, the Company provides a full suite of reliable and scalable managed services, including Applications Services (http://www.navisite.com/application-services.php) , industry-leading Enterprise Hosting (http://www.navisite.com/enterprise-hosting.php) , and Managed Cloud Services (http://www.navisitemcs.com/) for enterprises looking to outsource IT infrastructures and lower their capital and operational costs. Over 1,400 customers depend on NaviSite for customized solutions, delivered through a global footprint comprising 16 state-of-the-art data centers supported by approximately 650 professionals. For more information on NaviSite services, please visit www.navisite.com (http://www.navisite.com) .

All logos, company and product names may be trademarks or registered trademarks of their respective owners.

Safe Harbor Statement

This release contains forward-looking statements that address a variety of subjects, including NaviSite's expected future operating and financial results, such as profitability, revenue growth and EBITDA, the success and performance of our product and service offerings and our strategic business plans for growing its customer base and increasing sales. All statements other than statements of historical fact -- including, without limitation, those with respect to our goals, plans and strategies set forth herein -- are forward-looking statements. The following important factors and uncertainties, along with general economic conditions, changes in economic conditions and others, could cause actual results to differ materially from those described in these forward-looking statements. Our success -- including our ability to improve our gross profit, to improve our cash flows, to expand our operations and revenue and to reach and sustain profitability -- depends in part on our ability to execute on our business strategy and the continued and increased demand for, and market acceptance of, our products and services. We may not remain compliant with our agreement with our senior secured lenders, including financial covenants. Our financial forecasts may not be achieved, including those as to expected EBITDA and revenue. We may be unable to raise the necessary funds to meet our payment obligations to our lending group under our senior secured credit facility and other creditors. We may not be able to expand our operations in accordance with our business strategy. We may experience difficulties integrating technologies, operations and personnel in accordance with our business strategy. Our products, technologies and resources may not successfully operate with the technology, resources and applications of third parties. We derive a significant portion of our revenue from a small number of customers, and the loss of any of those customers could significantly damage our financial condition and results of operations. Competition has increased, and technological changes made, in the markets in which we compete. For a detailed discussion of cautionary statements that may affect our future results of operations and financial results, please refer to our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10 K and our quarterly reports on Form 10 Q. Forward-looking statements represent our current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements that we make. All logos, company and product names may be trademarks or registered trademarks of their respective owners.

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