Frost & Sullivan Honors SAVVIS with the Merger and Acquisition Strategy Award.

PALO ALTO, Calif. -- Frost & Sullivan, one of the premier growth consulting firms, is pleased to announce the selection of SAVVIS Communications (NASDAQ:SVVS) as the recipient of the 2004 Merger and Acquisition Strategy Award. This award recognizes SAVVIS' successful acquisition and integration of the assets of Cable & Wireless America (CWA) in the first quarter of 2004.

The Merger and Acquisition Award is presented each year to the company that has demonstrated excellence in mergers and acquisitions within its industry. The winner is selected based on its ability to identify and acquire partners that significantly enhance its position in the marketplace and create a synergy by integrating the assets and operations of the combined companies.

In presenting the award to SAVVIS, N. Muthukrishnan, Frost & Sullivan Research Analyst, said, "We are proud to recognize SAVVIS for their significant acquisition and successful integration of the assets of Cable & Wireless America. SAVVIS' strategic move has expanded the company's client base, product portfolio, and global infrastructure, making it an example of a new merger and acquisition model that is emerging since the dot-com bust in which high-quality assets are available to successful IT firms at a much lower cost. Frost & Sullivan believes SAVVIS could emerge as a dominant player in the IT services market, with a proven strategy, which is global in scope, and a product portfolio rich in managed utility services that the marketplace needs."

The acquisition added over 1,000 enterprise hosting services customers including many Fortune 500 companies, 15 world class data centers, deep consulting expertise in security, program management, and performance optimization, and a leading content delivery network (CDN) to SAVVIS' portfolio. The acquisition also added a Tier 1 OC-192 Internet backbone that serves over 2,000 enterprise customers and reaches over one quarter of all Internet routes to SAVVIS' global infrastructure.

Prior to the acquisition, SAVVIS delivered a targeted suite of network and hosting services geared for middle market applications. Post acquisition, SAVVIS has focused on delivering superior services to the CWA customer base, offering innovative virtualized utility services, and rationalizing the combined product portfolio. SAVVIS is also working towards attaining infrastructure and operating synergies by optimizing the combined network and hosting operations and eliminating duplicate staff functions. The amalgamation of SAVVIS and CWA assets and operations is on track to generate savings of over US$120 million, thereby improving margins and shareholder value.

Each year, the Frost & Sullivan team of industry experts present awards to companies that demonstrate best practices in a variety of regional and global markets. These awards recognize the superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service and mergers & acquisitions. The companies that are commended as award recipients are those with the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.

To choose the 2004 Merger and Acquisition Award recipient, the analyst team tracked all ongoing research on mergers and acquisitions within the industry. This process included interviews with all market participants and end-users, and extensive secondary and technology research. All mergers and acquisitions in this industry are compared and evaluated based on increased shareholder return, profit margin, and cost reduction, before and after the merger/acquisition. Companies are then comparatively ranked according to the predetermined criteria. The award recipient is ranked number one in the industry.

About SAVVIS Communications

SAVVIS Communications (NASDAQ:SVVS) is a leading global IT utility services provider that delivers secure, reliable, and scalable hosting, network, and application services. SAVVIS' strategic approach combines the use of virtualization technology, a utility services model, and automated software management and provisioning systems. SAVVIS solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT infrastructure. With an IT services platform that extends to 47 countries, SAVVIS is one of the world's largest providers of IP computing services. For more information about SAVVIS, visit: http://www.savvis.net.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics, and demographics. With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world.