Article Excerpt:
Company Interview Excerpt
BUD STODDARD - AMERIVAULT CORPORATION
Full article published: 7/10/2006
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Mr. Stoddard: AmeriVault is a data protection service provider offering managed online data backup, e-mail archiving and recovery solutions for small to mid-size companies primarily in North America. We've got about 750 clients. We employ 42 people, we're headquartered in the Boston area, and we protect data originating in 43 states and 12 countries.
TWST: What does the client space look like today?
Mr. Stoddard: Any business that relies on computers is a potential
customer, but we love the financial industry for two reasons. One, for
our core offering, which is data backup and recovery. Obviously, anybody
in financial services has to be concerned with mission critical data,
backing that up and having the ability to recover it, and that's a kind
of core service that we provide to our clients. Secondarily, we also
offer a compliant e-mail archiving solution which is ideal for a
financial broker, dealer, or hedge fund. Anybody in the investment
management space needs to be concerned with e-mail and the ability to
track and store it, preserve it and store it in on tamper proof media or
storage. We have seen a lot of interest in this market. So that's very
closely aligned to our key backup and recovery offering, but just a
little bit different niche than our core offering.
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For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.
