Encompass Holdings, Inc. Ahead of Schedule on Quadrant Data Systems, Inc. Relocation
2010-03-18 10:20 ET - News Release
RENO, Nev., March 18, 2010 (GLOBE NEWSWIRE) -- Encompass Holdings, Inc. (Pink Sheets:ECMH), www.encompassholdings.com, reported today that its wholly-owned subsidiary, Quadrant Data Systems Inc. (QDS-I),www.qds-i.com, is pleased to announce that the move to their new data center is nearing completion.
According to QDS-I CEO Joseph Berardi, "We are ahead of schedule and now expect to begin moving clients to the new facility as early as this coming Monday, March 22nd, and we will begin operating completely from the new location beginning on Friday, March 26th."
The new data center, located at 100 Wood Hollow Drive in Novato, CA 94945, features an AT&T Opt-E-MAN fiber circuit as well as dual microwave links to the internet. QDS-I was able to obtain four state-of-the-art TrangoLINK Giga radios, which allows for a 150 NS latency circuit to our providers. This is a significant upgrade to our previous connection, providing our clients with improved performance. In addition to connectivity improvements, the new data center features a state-of-the-art FM-200 Fire Suppression system and 300KVA of generator backup power.
Added Mr. Berardi, "We are especially pleased to note that a number of our clients have contacted the building's management to inquire about leasing space in the same building. In this way, our clients will be saving significantly in their connection costs while upgrading to an attractive facility. I can't thank the new facility's management enough for their support in our move. It is a pleasure to work with a group who actually appreciate the value and opportunity our data center brings to their impressive new 128,000 square foot office complex."
Scott Webber, CEO of Encompass, commented, "The QDS-I team has done a magnificent job of getting our new facility ready for the actual client move. The team's commitment to our client's 'comfort' concerning this move was demonstrated by Joe Berardi's personal face to face meetings to describe the processes and time schedules. The cost savings and new business potential that this move represents will serve our shareholders well."
Forward-looking statements in this news release are made under the `"Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, competition, the success of existing and new product releases and other risk factors inherent in product development and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
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