NovusCG SERP(TM) Enables Financial Transparency, Accurate Chargeback & Reduced Costs for Storage Assets in Top Global Financial Institutions.

MANASSAS, Va. -- Visibility across distributed, heterogeneous storage environments is a growing concern among global financial services organizations, according to NovusCG, a leading provider of enterprise storage consulting and data solutions. NovusCG, whose Storage Enterprise Resource Planner (SERP[TM]) product provides IT and business executives with a business-aligned view of storage usage across the enterprise, today announced the results of SERP deployments at three top 10 global financial organizations.

Financial organizations need to accurately charge back costs for storage, increase visibility into utilization, generate centralized analytics and reporting and increase transparency. Extracting information from any of the major SRM platforms and correlating it to Asset Management data, SERP meets these requirements and provides a global, regional, datacenter, or box-specific view of utilization and capacity by line of business.

With SERP, Novus' financial services customers have been able to achieve their goals for storage insight:

* One top-tier multinational bank uses SERP to report on approximately 10 Petabytes of storage across 60 datacenters and four continents. The customer now has global financial transparency in their storage environment as well as streamlined, tiered chargeback. They have achieved return on their investment in staff-hours saved alone, not to mention 100's of Terabytes identified for reclamation.

* A very large investment management firm required deeper analytics capability of their rapidly growing storage environment. Through SERP's ability to automate the correlation of business asset data with IT data, they now have insight into storage usage by line-of-business, application, location and tier all in one dashboard. The solution has enabled accurate chargeback to their consumers and broad increases in utilization.

* Another recent NovusCG SERP consumer, an international investment bank, evaluated SERP against the major storage industry players. After deciding the SERP solution was the only product that provided true business intelligence capability for their storage environment, they successfully implemented SERP globally in less than six weeks. They now have global financial transparency and can provide advanced functions like reporting on shared ownership, multi-node clustering, configuration exceptions and more.

"Many of our financial customers have tried to enable storage insight while navigating the complexities of M&A activity, and found it very difficult to institute reporting in a heterogeneous, multinational environment," said Steven O'Keefe, COO of NovusCG. "With SERP, a consolidated view of a global storage infrastructure is now possible enabling accurate chargeback to the lines of businesses served as well as reduced cost for storage assets."

SERP is available immediately. For more information, please visit http://www.novuscg.com/software/SERP.html.

About NovusCG, Inc.

NovusCG, www.novuscg.com, is a leader in independent enterprise storage consulting and data solutions for the Global 2000. The world's largest institutions rely on NovusCG for advice on how to reduce costs and manage risks associated with their data storage infrastructures. NovusCG maintains IP-based methodologies and software to provide unique solutions born of real world experience.