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View More Press Releases by ExpertPlan

Press release:

ExpertPlan Selects esävio and SunGard for Managed Services and Hosting

Issued by: ExpertPlan

Date: Aug. 24, 2001

Cranbury, NJ– ExpertPlan, a provider of 401k plan solutions via the Internet, today announced that it has selected esävio, a full-service technology enabler, and its strategic partner, SunGard eSourcing, to provide managed services and hosting for ExpertPlan’s suite of retirement plan products. This enables the online retirement plan provider to deliver the highest levels of uptime, capacity and security available to its financial services customers.
Under the terms of the agreement, esävio and SunGard eSourcing will provide ExpertPlan with facility management and hosting capabilities, as well as an advanced level of infrastructure and Internet services. The agreement includes hosting several high profile, mission-critical trading applications.
“As our business has scaled up in terms of financial services partners, plans and transaction volumes, esävio’s advanced technology and focus on service metrics enables us to provide our clients with the highest level of customer service,” said Win Cody, president and chief executive officer, ExpertPlan.
“SunGard’s combination of industrial-grade hosting and network capacity is unmatched. SunGard’s managed services help ensure that our customers get a level of security, uptime and scalability that is not being offered elsewhere,” continued Mr. Cody.
The managed services contract with esävio enhances ExpertPlan’s ability to efficiently manage multi-fund retirement plans for its rapidly growing client list, which includes national and regional brokerage firms, other financial professionals and TPA’s serving plan sponsors of all sizes.
“A company’s success is tied to their ability to use technology to their competitive advantage,” said Joe James, president and chief executive officer of esävio. “As a technology enabler, esävio brings ExpertPlan the expertise and resources that they need to provide their customers with a highly secure, scalable and high-availability environment to conduct business.”
esävio’s alliance with SunGard eSourcing allows the company to provide reliable managed Web hosting services along with its technology services to its customers.
Robert Reed, president of SunGard eSourcing, commented, “SunGard is very pleased to have been chosen to host ExpertPlan’s infrastructure. Companies like ExpertPlan must maintain 24/7 availability. It is a crucial part of their customer service strategy that requires significant expertise and infrastructure investment that is usually beyond the resources of individual companies. That is why leading financial services providers and other on-line services companies rely on SunGard.”
For further information, contact Ross Brown at ExpertPlan.com, 609-918-2500, email, rbrown@expertplan.com, or visit www.expertplan.com.

About ExpertPlan:
ExpertPlan (www.expertplan.com) is a leading Internet-based provider of retirement plan solutions, enabling financial professionals to offer high-quality, low-cost retirement plans to meet the needs of their clients. ExpertPlan has alliances with over 30 fund families and provides services to leading financial companies across the US. ExpertPlan was founded in 1999 by core members of the information systems management team from one of the world’s largest financial services corporations and is located at 50 Millstone Road, Building 400, Suite 100, Cranbury, NJ 08512, 609/918-2500.

About esävio
esävio is a full-service technology enabler that improves clients’ IT capabilities through rapid deployment of new technologies leveraged with existing systems. esävio combines application development and infrastructure design with a comprehensive set of managed services. The speed and efficiency with which esävio manages clients’ business assets is designed to achieve results in performance improvement. esävio’s alliance with SunGard eSourcing allows the company to integrate reliable co-location and Web hosting services with its technology services.

The company is headquartered in Devon, PA, with offices in New York (NY), Piscataway (NJ), Richmond and Reston (VA), Atlanta (GA), Ellicott City and Annapolis (MD), Tampa Bay, Boca Raton and Miami (FL). To learn more about esävio, visit www.esavio.com.

About SunGard eSourcing
SunGard eSourcing is part of SunGard Business Continuity and Internet Services, an operating group of SunGard (SDS:NYSE). SunGard offers its clients a complete range of enterprise IT services for planning, building, protecting and managing corporate IT assets. SunGard Recovery Services provides business continuity services including high-availability infrastructure/electronic vaulting services, hot-and-cold sites, recovery network services and work group recovery. SunGard eSourcing specializes in complex managed hosting services, comprehensive system and network management services, high-performance Internet access and high-bandwidth networking. SunGard Planning Solutions provides business continuity consulting services, technical consulting services, and client server and web-enabled business continuity planning software. For more information, please visit www.esourcing.sungard.com.

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For more information: http://www.expertplan.com

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