Savvis to Acquire Canadian-Based Fusepoint

By Savvis Inc., PRNE
Monday, May 31, 2010

Acquisition Actively Expands Company's Presence in Growing Canadian Hosting Market

ST. LOUIS, June 1, 2010 - Savvis, Inc. (Nasdaq: SVVS), a global leader in cloud infrastructure and
hosted IT solutions for enterprises, today announced it has entered into a
definitive agreement to acquire Fusepoint, Inc., a portfolio company of M/C
Venture Partners. Fusepoint is a leading independent provider of managed IT
and colocation services to enterprises in Canada.

Under the agreement, Savvis will acquire Fusepoint for $124.5 million
in cash, subject to a working capital adjustment. For the first quarter of
2010, Fusepoint's annualized revenue was $47.4 million. Adjusted EBITDA for
the first quarter was $3.0 million, or $12.0 million on an annualized
basis.

Fusepoint operates three data centers in Toronto, Vancouver and Montreal,
giving the company a national footprint. Fusepoint is well-positioned in the
Canadian hosting market, which is still in its early stages of growth. The
company has more than 330 marquee customers.

Fusepoint has generated impressive historical growth since 2006, with an
overall revenue compound annual growth rate (CAGR) of 18 percent and adjusted
EBITDA growing at a CAGR of 83 percent. The company has been adjusted EBITDA
positive since 2005 and has generated net income and free cash flow since
2008. Fusepoint reported $41.7 million in revenue in 2009.

"The acquisition of Fusepoint is a step toward one of our most important
goals to expand our geographic presence around the world," said Jim Ousley,
Savvis chairman and chief executive officer. "Our largest customers have been
asking us to expand into Canada, and the acquisition of Fusepoint allows us
to do so in a seamless and efficient manner. Our best-in-class product set
and strong vertical market focus meshes well with Fusepoint's fast growth and
deep penetration of Canadian enterprises. Fusepoint has a great track record
and extends Savvis' reach into the highly promising Canadian hosting market
including Toronto, the financial center of Canada."

"We're pleased to become a part of the Savvis family, as we believe our
offerings are very complementary and highly synergistic," said George Kerns,
Fusepoint chief executive officer. "By folding our footprint into Savvis'
global operations, we'll be able to better serve our customers, by providing
them with a broader range of services and access to a global footprint with
leading-edge technology."

Fusepoint's three data centers have a total of more than 40,000 sellable
square feet, with Toronto the largest at 28,000 sellable square feet. Over
the past several years the company has made significant investments in its
data centers, resulting in a set of high quality facilities.

The acquisition of Fusepoint, which is subject to customary closing
conditions, is expected to close early this summer. Savvis plans to finance
the acquisition from available cash and an upsize in its existing revolver
led by Wells Fargo Capital Finance, LLC, part of Wells Fargo & Company. GCA
Savvian Advisors, LLC served as exclusive financial advisor and Arnold &
Porter LLP served as legal advisor to Savvis. Signal Hill Capital Group LLC
served as exclusive financial advisor, Edwards Angell Palmer & Dodge LLP
served as legal advisor and Olsler, Hoskin & Harcourt LLP served as special
Canadian counsel to Fusepoint.

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.

About Fusepoint

Established in 1999 and headquartered in the greater Toronto area,
Fusepoint offers services that allow customers to outsource their
mission-critical IT infrastructure and application requirements. The
company's operations include managed infrastructure and hosting and enhanced
traditional colocation services. Fusepoint also provides application
development and maintenance services from offices in Quebec City and
Montreal.

About M/C Venture Partners

M/C Venture Partners is a venture capital firm focused exclusively on the
communications, media and information technology sectors. The firm has
invested over $1.5 billion into nearly 100 companies in those sectors and
has a long track record of success. M/C Venture Partners has offices in
Boston, San Francisco and London.

Savvis Forward-Looking Statements

This document may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 about the proposed
acquisition of Fusepoint by Savvis. These statements include statements
regarding the anticipated closing date of the transaction and the effect of
the merger on Savvis' business. There is no assurance as to whether or when
the transaction will close or that the anticipated benefits of the
acquisition will be realized. Forward-looking statements can be identified by
the fact that they do not relate strictly to historical or current facts.
They often include words like "believe," "expect," "anticipate," "estimate,"
and "intend" or future or conditional verbs such as "will," "would,"
"should," "could" or "may." Certain factors that could cause actual results
to differ materially from expected results include delays in completing the
acquisition, increased competitive pressures, changes in general economic
conditions, extent of customer retention and generation, ability to timely
and fully realize contemplated cost savings and revenues and other
difficulties in integrating the operations of Savvis and Fusepoint. Savvis
does not undertake, and specifically disclaims, any obligation to publicly
release the result of any revision to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements. Certain factors that could
affect actual results are set forth as risk factors in Savvis' SEC reports
and filings, including its annual report on Form 10-K and all subsequent
filings.

Investors: Peggy Reilly Tharp, +1-314-628-7491, peggy.tharp at savvis.net, Media: George Csolak, +1-314-628-7266, george.csolak at savvis.net

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