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Press Release -- April 10th, 2012
Source: Terremark
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Terremark Hybrid Cloud Solution Delivers Global Reach, High Availability for Direct Insite

Verizon IT Services Unit Helps Leading Provider of E-Invoicing Solutions Deliver Secure and Reliable Service to More Than 100,000 Suppliers Worldwide

MIAMI–(BUSINESS WIRE)–

Terremark, a Verizon Company, is helping Direct Insite, a leading provider of e-invoicing solutions for accounts payable and accounts receivable automation, to improve application speed and responsiveness, and gain scalability, mission-critical availability and global bandwidth via its suite of IT infrastructure solutions. Deploying a hybrid solution that matches its precise needs, Direct Insite is leveraging the security and flexibility of Terremark’s Enterprise Cloud and the reliability of the company’s colocation services while realizing significant cost savings on running its business-critical applications.

Direct Insite’s e-invoicing portal has more than 100,000 active users around the world, representing 35 currencies and 17 languages. Direct Insite’s infrastructure is deployed in Terremark’s cloud-enabled Network Access Point (NAP) of the Americas and the recently expanded NAP West, which provide direct access to all major continents. Direct Insite has the ability to connect to clients globally through Terremark’s nearly 50 strategically-located data centers, without having to build and maintain its own infrastructure.

“As a leading provider of financial supply chain automation solutions to the Fortune 2000, our infrastructure must be highly scalable, secure, and available. Terremark’s Enterprise Cloud has helped Direct Insite meet those requirements, while providing a better return on investment than any other option we evaluated,” said Direct Insite President and Chief Executive Officer Matthew E. Oakes. “We are looking forward to working with Terremark to provide our customers – specifically the large multinational Fortune 500 clients and the more than 100,000 members of our Vendor Supplier Self-Service Portal Network – with the uptime, reach, and performance that their financial applications require.”

Direct Insite maintains a strong focus on the security of its customers’ data. Terremark’s award-winning Infrastructure-as-a-Service (IaaS) solution provided the secure cloud resources to meet Direct Insite’s needs. Terremark’s Enterprise Cloud also allows Direct Insite customers to continuously scale their capacity and reach in a reliable ecosystem, while leveraging the cloud platform’s dedicated resource pool architecture and physical device integration.

“Direct Insite needed a flexible IT solution that would allow them to scale to support the growth of their customers. We were able to deliver a true hybrid solution that enables their clients to connect to their services through our cloud and run the back-end services through our data center,” said Chris Drumgoole, senior vice president at Terremark. “We are delivering a unique, reliable solution that enables Direct Insite to focus on their core competencies and achieve all of their goals, while we take care of the rest, for a fraction of the cost of doing it themselves.”

For a case study with more details about how Terremark’s hybrid cloud solution is helping enable Direct Insite’s business, please click here.

About Terremark

Terremark, a Verizon Company, is a leader in transforming and securing enterprise-class IT on a global scale. A subsidiary of Verizon Communications Inc. (NYSE, NASDAQ: VZ), Terremark sets the standard for IT deployments with advanced infrastructure and managed service offerings that deliver the scale, security, and reliability necessary to meet the demanding requirements of enterprises and governments around the world. With a global network of data centers and a comprehensive portfolio of secure solutions, Terremark is helping enterprise and government executives realize the power and promise of the cloud today. For more information, visitwww.terremark.com.

About Direct Insite

Direct Insite delivers on-demand AP and AR solutions that are deployed fast, with minimal cost and operational impact, and provide significant benefits across the financial supply chain. Since it was founded in 1987, Direct Insite has built a track record in automating some of the most demanding financial environments. Today, more than 100,000 corporations use our solutions across 100 countries (representing more than 35 currencies and 17 languages). Direct Insite’s Invoices On-Line (IOL) suite simplifies AP and AR processes such as: electronic invoice distribution/submission, purchase order submission/distribution/acknowledgement, invoice processing/validation, line-item matching, approval routing, invoice consolidation, dispute management, payment portal/processing, and reporting and analysis. For more information on Direct Insite, visit www.directinsite.com.

Contact:
Terremark, a Verizon Company
Media Relations
Xavier Gonzalez, 305-961-3134
xgonzalez@terremark.com

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