$305 Million Investment in Bridge Signals Strong Endorsement for Savvis Intelligent IP Network Strategy.

Business/Technology Editors

RESTON, VA--(BUSINESS WIRE)--June 30, 2000

The news that Bridge Information Systems (BRIDGE(R)) has received a $305 investment commitment from Welsh, Carson, Anderson & Stowe (WCAS) is a clear signal to the financial services marketplace that SAVVIS Communications' global Intelligent IP Network Services strategy is winning support and gaining momentum.

BRIDGE is the largest provider of financial information services in North America and SAVVIS' largest customer in the financial services marketplace. The BRIDGE market data platform relies upon SAVVIS' global Intelligent IP backbone and architecture around the world, which is also serving leading financial institutions such as Josephthal & Co., Raymond James and Prescient Markets.

"This new infusion of capital means that BRIDGE and SAVVIS can move farther and faster together," explained Jack Finlayson, president and chief operating officer of SAVVIS Communications. "BRIDGE has made tremendous strides in transforming the very nature of how market data is delivered and deployed as strategic intelligence by the financial community. This reinvention of the market data industry is powered by SAVVIS' next generation Intelligent IP infrastructure that enables BRIDGE and its customers to take full advantage of ultra high-speed, reliable, secure and scalable private managed networks, financial communities of interest, the Internet and emerging wireless communications."

The WCAS investment will provide significant capital to fund BRIDGE's future growth, satisfy the company's current bank payment obligations due by June 30th and pay down additional debt. BRIDGE will use $150 million of the proceeds for working capital and general corporate purposes. An additional $155 million will be applied to the permanent reduction of existing debt. Following the infusion of capital, which is subject only to the approval of the company's lenders, BRIDGE will have no required bank debt principal payments until $10.3 million is due on September 30, 2001.

About SAVVIS

SAVVIS Communications (NASDAQ: SVVS) is the premier service provider of Intelligent IP solutions, and the first to deliver Internet economics to private IP networks. As a result, the benefits of high-end private networks are now accessible to small and medium-sized businesses, while the Fortune 1000 can be more nimble in the execution of their e-commerce strategies. SAVVIS' state-of-the-art global IP platform provides a full range of customer-specified Internet, Intranet and Extranet networks, combining the flexibility and fast time-to-market of the Internet, with the QoS, security and reliability of Private IP networks.

The SAVVIS extensive infrastructure has made it the industry leader in fastest download times with the lowest packet loss for Internet access. Around the globe, the network employs over 250 Lucent backbone switches, more than 200 backbone routers and 14,000 Cisco and Nortel Networks edge routers, 104 POPs, 10 PrivateNAPS(SM) and ATM switching architecture, and is also deploying 10,000 Lucent ATM edge devices. The company is also rolling out Nortel Network's Shasta 5000 BSNs throughout its network, which will enable SAVVIS to provide high performance Intelligent IP networks at a price that is affordable for all businesses. For more information about SAVVIS and its Intelligent IP networking, visit: http://www.savvis.net.

About BRIDGE

BRIDGE, together with its principal operating units, Bridge Information Systems, Telerate, Bridge Trading, eBRIDGE, and BridgeNews, is the largest provider of financial information and related services in North America and one of the fastest growing in the world.

BRIDGE information products include a wide range of workstations, market data feeds and web browser-based applications, combined with comprehensive market data, in-depth news, powerful analytic tools and trading room integration systems. BridgeNews leverages a network of 600 BRIDGE journalists in more than 100 locations that break news affecting financial markets globally. BRIDGE is the co-producer of the Nightly Business Report and is a leading provider of financial news and information to media companies worldwide.

BRIDGE, with 5000 employees worldwide, and over a quarter of a million users in over 65 countries, is headquartered in New York City with the BRIDGE Trading and Technology center in St. Louis, MO., and major regional centers in Europe, the Middle East, Africa, and the Pacific Rim. For more information visit the BRIDGE web site at http://www.bridge.com.