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Farmer Mac chooses NAVI     28-Oct-09 11:29 am    
SOme good news in the midst of this relentless selling:

http://finance.yahoo.com/news/Farmer-Mac...


ANDOVER, MA--(Marketwire - 10/26/09) - NaviSite, Inc. (NASDAQ:NAVI - News), a leading provider of cloud-enabled enterprise-hosting and application-management services, today announced that the Federal Agricultural Mortgage Corporation has selected NaviSite for its disaster recovery solution. The Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a stockholder-owned, government-sponsored enterprise created by Congress to improve the availability of long-term credit for America's farmers, ranchers, rural homeowners, businesses and communities.

Farmer Mac needed a robust disaster recovery solution that provided assurance of continuing compliance with SAS-70 audit report requirements, as well as Sarbanes-Oxley. At the same time, Farmer Mac was confronting end-of-life issues with its current hardware platform. NaviSite's overall value proposition attracted Farmer Mac, which needed a solution that could scale to meet changing requirements.
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Farmer Mac chooses NAVI
wantstoreti... (2 Ratings) 28-Oct-09 11:29 am  
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NaviSite Inc. (NAVI)

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