TORONTO, ONTARIO -- (MARKET WIRE) -- 05/02/07 -- Momentum Advanced Solutions Inc. (TSX: WWW), a leader in IT managed services and web development, recently introduced SaaS-In-Motion, a unique program that provides Independent Software Vendors ("ISVs") with access to low-cost, on-demand infrastructure and services. The program helps ISV's quickly start up and grow SaaS (Software as a Service) offerings. SaaS is a software application delivery model where an ISV delivers their software application for use by its customers over the Internet. Customers do not own the software but rather pay for using the software. SaaS-in-Motion includes enablement, Web infrastructure, access to technical and application development resources, financial and commercialization support.
"SaaS-in-Motion boosts an ISV's ability to provide SaaS to their clients efficiently and effectively," says Sheldon Pollack, CEO of Momentum. "The program is a win-win situation for everyone involved, including ISV customers who will get improved service with more flexible payment methods."
SaaS-in-Motion includes a broad range of services designed to help companies deliver SaaS offerings cost-effectively. In addition to project consulting, the program features access to Momentum's virtualized infrastructure, self service provisioning of development and production environments, on-demand processing, storage, and load-balancing, as well as network access, security, and access to highly skilled technical resources, such as information architects, .Net, J2EE and user experience experts.
Requiring no capital investment, SaaS-in-Motion provides variable payment models tied to a company's success and deferred payment for qualified companies. The program also provides access to Momentum's direct and indirect sales channels and industry experts.
"We're seeking high growth-oriented partners for this program, emerging companies poised to deliver the next generation of Web services," says Pollack. "In order to grow our own business, it is essential we add these types of companies as part of our extended solutions partners," he added.
SaaS hosting requirements differ substantially from those designed for traditionally established organizations. These companies' needs fluctuate dramatically with changes in customer demand, so their requirements are constantly evolving. To meet this challenge, Momentum developed the "SaaS IT Utility Platform," a unique virtualized and highly scalable, self-provisioning infrastructure. This platform allows companies to take advantage of Momentum's technological firepower including professional services, servers, storage, networks, operating systems and middleware when needed. With SaaS-in-Motion, ISVs can start small and grow as their business grows, with virtually no risk to themselves.
Investors should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks and uncertainties. These forward-looking statements include statements that are subject to risks and uncertainties. Forward-looking statements are subject by their nature to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the forward-looking statements. Any forward-looking statements speak only as of the date made. The company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.
About Momentum Advanced Solutions Inc.
Momentum is a leader in the emerging world of Internet outsourcing. Momentum's Internet outsourcing solutions provide our customers with the Innovation, Integration and Operations expertise required to allow them to successfully reduce costs and/or improve productivity by outsourcing to us any or all of their mission critical web-based applications and Managed Internet infrastructure. Headquartered in Markham, Ontario the Company has offices in Ottawa, Windsor and Toronto. Momentum Advanced Solutions is publicly traded on the Toronto Stock Exchange and trades under the symbol "WWW".
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