MTM Technologies Brings Investment Management Firm to Technological Forefront.STAMFORD, Conn. -- With MTM MTM Medication Therapy Management MTM Minutes to Midnight (Linkin Park album) MTM Mary Tyler Moore (actress) MTM Made to Measure MTM Motoren-Technik-Mayer MTM Methods Time Measurement Technologies' Virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. , Consolidation, and Convergence Solutions, Brandywine Global Investment Management Gains: --Enhanced Client Service Capabilities --Increased Productivity --Strengthened Competitive Advantage --Significant Anticipated ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). MTM Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MTMC MTMC Military Traffic Management Command (US DoD) MTMC Mount Marty College MTMC Micros-to-Mainframes, Inc. (stock symbol) MTMC Middle Tennessee Medical Center (Murfreesboro, TN) ), a leading national provider of innovative IT solutions and services to Global 2000 and mid-size companies, today announced the completion of a significant phase of their engagement with Brandywine Global Investment Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The technologies and services deployed in this phase included server consolidation and virtualization, storage area networking, IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. , and data center and facility design. Founded in 1986, Brandywine Global Investment Management, LLC manages over $30 billion in assets for more than 330 clients globally. The firm is headquartered in Philadelphia, with satellite offices in Chicago, San Francisco, and Singapore. With their impending im·pend intr.v. im·pend·ed, im·pend·ing, im·pends 1. To be about to occur: Her retirement is impending. 2. move to a new headquarters in Philadelphia, Brandywine Global engaged MTM Technologies to provide comprehensive consultation, planning, and implementation services, upgrading the investment firm's critical data and legacy voice systems with a mix of advanced virtualization, consolidation, and convergence solutions. "In order to provide our clients with the best possible service and performance, we have always maintained a progressive attitude towards adopting technologies that will enhance the client experience," said Larry Kassman, Brandywine Global's Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive . "With the technical expertise that MTM Technologies brought us, we have been able to radically improve the capabilities that our IT department delivers to both our internal and external customers, while increasing efficiency, improving manageability, and actually reducing our IT costs. MTM Technologies' strong experience in the financial industry, as well as their broad and deep expertise across a wide range of technologies, makes them an invaluable resource to Brandywine Global Investment Management. We are extremely pleased with the results they delivered with our recent move, and we look forward to working with MTM Technologies for both the ongoing management of our current system as well as on future projects." Central to the firm's new technology platform is a virtualized server solution, featuring a new blade center. In addition to managing Brandywine Global's increasing need for greater processing power, both for now and in the future, this solution will increase server utilization, increase their operational efficiency, improve server manageability, and lower their total cost of ownership. The firm's new storage area network will adeptly manage their growing data storage needs, while providing high availability of data, improved storage utilization, enhanced performance, and a lower total cost of ownership. To address their complex voice communication needs, Brandywine Global took advantage of the latest IP telephony technology, leveraging their advanced IP network infrastructure to deliver a reliable, state-of-the-art IP voice communication system. With this solution, they have not only eliminated expensive investments in both telephone and turret systems, but they have deployed a system that offers greater functionality, flexibility, manageability, and scalability. Bringing these technologies all together, MTM Technologies provided comprehensive facilities planning services, data center design expertise, cabling services, and project management. This phase of MTM Technologies' engagement with Brandywine Global was largely deployed over a single weekend, as the investment firm moved its headquarters. There was no disruption of services during business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a , and the switchover switch·o·ver n. A complete shift, as from one system to another. was virtually transparent to both the company's clients and employees. "Our work at Brandywine Global was a tremendous team effort," said Richard Roux Roux , Pierre Paul Émile 1853-1933. French bacteriologist. His work with the diphtheria bacillus led to the development of antitoxins to neutralize pathogenic toxins. , Vice President of MTM Technologies' Mid-Atlantic Region. "The successes we achieved at Brandywine Global, bringing together a multi-disciplined project of this magnitude is truly an endorsement of our team's technical expertise and its commitment to delivering excellence to customers. It is a privilege to work with Brandywine Global, and it is indeed an honor to have been selected as their IT partner and advisor." About MTM Technologies, Inc. MTM Technologies, Inc. is a leading national provider of innovative IT solutions and services to Global 2000 and mid-size companies. Partnered with industry-leading technology providers such as Cisco Systems, Citrix, Microsoft, HP, Sun Microsystems, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , and Avaya, MTM Technologies offers comprehensive solutions in the areas of access, convergence, consolidation, and virtualization. In addition, MTM Technologies provides a broad range of managed services, including system monitoring and management, hosting, security management, IP telephony management, and IT support, as well as IT staffing and training services . For more information, visit www.mtm.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include MTM Technologies' entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in MTM Technologies' Securities and Exchange Commission filings. The forward looking statements in this press release speak only as of the date hereof and MTM Technologies disclaims any obligation to provide updates, revisions or amendments to any forward looking statement to reflect changes in MTM Technologies' expectations or future events. |
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