Savvis Commences Tender Offer for Its 3% Convertible Senior Notes Due 2012

By Savvis Inc., PRNE
Wednesday, June 30, 2010

ST. LOUIS, July 1, 2010 - Savvis, Inc. (Nasdaq: SVVS), a global leader in cloud infrastructure and
hosted IT solutions for enterprises, today announced that it has commenced a
tender offer for all of its outstanding 3% Convertible Senior Notes due May
2012
. The principal amount outstanding on the notes is US$345 million.

The tender offer will expire at midnight EDT on July 29, 2010, unless
extended or terminated by Savvis. Holders of notes who validly tender their
notes on or prior to the expiration date, and do not validly withdraw, will
receive US$990 for each US$1,000 principal amount of convertible notes
purchased in the tender offer, plus accrued and unpaid interest to, but not
including, the settlement date. Notes that have been tendered may be
withdrawn at any time on or prior to the expiration date.

Savvis expects to fund the purchase of notes tendered in the tender
offer, refinance certain of its existing indebtedness, and pay the related
fees and expenses from borrowings under new senior secured credit facilities,
which Savvis expects to complete prior to the end of the tender offer period.

Full details of the terms and conditions of the tender offer are included
in Savvis' offer to purchase and tender offer statement, which are being sent
to holders of notes and filed on Schedule TO with the U.S. Securities and
Exchange Commission. Holders are encouraged to read these documents, as they
contain important information regarding the tender offer.

Savvis has retained BofA Merrill Lynch; Morgan Stanley & Company
Incorporated; Credit Suisse Securities (USA) LLC; and SunTrust Robinson
Humphrey, Incorporated to act as the dealer managers for the tender offer.
Global Bondholder Services Corporation is the information agent and
depositary for the tender offer. Questions regarding the tender offer should
be directed to the dealer managers listed in the offer to purchase. Requests
for the offer to purchase and other documents relating to the tender offer
may be directed to Global Bondholder Services Corporation, at +1-212-430-3774
(for banks and brokers only) or +1-866-470-3900 (U.S. toll free).

None of Savvis, any member of its board of directors, any dealer manager,
the information agent, the depositary or the trustee is making any
recommendation to holders of notes as to whether to tender or refrain from
tendering their notes pursuant to the tender offer. Holders of notes must
decide whether they will tender pursuant to the offer and, if so, how many
notes they will tender.

This release is for informational purposes only and is neither an offer
to purchase nor a solicitation of an offer to sell the notes. The tender
offer is only being made pursuant to the tender offer documents, including
the Offer to Purchase and the related Letter of Transmittal. The tender offer
is not being made to holders of notes in any jurisdiction in which the making
or acceptance thereof would not be in compliance with the securities, blue
sky or other laws of such jurisdiction.

About Savvis

Savvis, Inc. (NASDAQ: SVVS) is a global leader in cloud infrastructure
and hosted IT solutions for enterprises. More than 2,500 unique clients,
including 30 of the top 100 companies in the Fortune 500, use Savvis to
reduce capital expense, improve service levels and harness the latest
advances in cloud computing. For more information, please visit savvis.net.

CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS

This news release contains or incorporates by reference documents
containing certain statements that are, or may be deemed to be,
"forward-looking statements" within the meaning of Section 27A of the
Securities Act and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements are not guarantees of future performance and
involve certain risks, uncertainties and assumptions that are difficult to
predict. Actual outcomes and results may differ materially from those
expressed in, or implied by, our forward-looking statements. Words such as
"expects," "anticipates," "believes," "estimates" and other similar
expressions or future or conditional verbs such as "will," "should," "would"
and "could" are intended to identify such forward-looking statements. Readers
should not rely solely on the forward-looking statements and should consider
all uncertainties and risks. The statements are representative only as of the
date they are made, and we undertake no obligation to update any
forward-looking statement. All forward-looking statements, by their nature,
are subject to risks and uncertainties. Our actual future results may differ
materially from those set forth in our forward-looking statements. We face
risks that are inherent in the businesses and the market places in which we
operate. While management believes these forward-looking statements are
accurate and reasonable, uncertainties, risks and factors, including those
described below, could cause actual results to differ materially from those
reflected in the forward-looking statements.

Factors that may cause actual outcome and results to differ materially
from those expressed in, or implied by, these forward looking statements
include, but are not necessarily limited to, the following: (i) generally
adverse economic and industry conditions, including a decline in demand for
our products; (ii) the ability to maintain sufficient liquidity to realize
current operating plans; (iii) the effect of receiving a going concern
statement in our auditor's report on our fiscal year 2009 audited financial
statements; (iv) reevaluation of the fair value of our reporting segments and
potential write downs of long-lived assets resulting from adverse economic
conditions; (v) the cost and availability of raw materials; (vi) changes in
our competitive environment; (vii) economic, political, or regulatory changes
in the countries in which we operate; (viii) the ability to successfully
integrate the operations of acquired businesses; (ix) the ability to attract,
train and retain effective employees and management; (x) the ability to
develop innovative products to maintain customer relationships; (xi) the
impact of environmental issues, laws and regulations that apply to our
business, including those related to environmental matters; (xii) our ability
to finance and achieve the expected benefits of our manufacturing relocation
plan or other restructuring plans; (xiii) volatility of financial and credit
markets which would affect our access to capital; (xiv) increased difficulty
or expense in accessing capital because of the delisting of our common stock
from NASDAQ; (xv) exposure to foreign exchange gains and losses; (xvi) need
to reduce costs to offset downward price trends; and (xvii) potential
limitation on use of net operating losses to offset possible future taxable
income.

Investors, Peggy Reilly Tharp, +1-314-628-7491, peggy.tharp at savvis.net, or Media, George Csolak, +1-314-628-7266, george.csolak at savvis.net, both of Savvis, Inc.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :