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Press Release -- January 11th, 2010
Source: Navisite
Tags: Exchange

NaviSite, a Worldwide Leading SaaS-Enablement Provider, Partners with WorkPlace Systems, Deploying Retail Workforce Management Solution to Major US Retail Chain with 4,000 Stores

NY, NY, January 11, 2010 at National Retail Federation (NRF) Convention and Expo – NaviSite, Inc. (NASDAQ:NAVI, news, filings), the worldwide leader of cloud-enabled, enterprise-class hosting, managed applications and services, announced today that WorkPlace Systems has selected NaviSite to host WorkPlace OnLine, its Software-as-a-Service (SaaS) workforce management solution. The first major installation is at a major North American retail chain with 4,000 stores. The solution was deployed in 90 days.

WorkPlace Systems chose NaviSite’s managed IT hosting services to strengthen WorkPlace’s need to better serve large enterprise customers that require reliable, secure and scalable services. NaviSite’s expertise in enabling SaaS implementations helped accelerate WorkPlace Systems’ ability to address their retail client’s requirements. NaviSite provides a secure SAS 70 Type II compliant environment for hosting, managing, and monitoring SaaS-based applications with 24×7 monitoring and support throughout NaviSite’s dual, globally distributed Network Operations Centers.

WorkPlace OnLine workforce management solution provides; Forecasting, AutoScheduling, Schedule Management and Time & Attendance functionality which enables retailers to establish optimized schedules and track actual attendance against planned schedules. The SaaS solution significantly lowers the total cost of ownership of workforce management, while reaping the benefits of reduced labor costs, increased reliability, increased sales and better customer service.

“WorkPlace is delighted to have chosen NaviSite due to their experience and customer base in the Retail sector. Their infrastructure allows WorkPlace to deploy large retail implementations of our SaaS solution in a secure, scalable and highly reliable environment” commented Barney Quinn, CEO, WorkPlace Systems. “We were impressed by Naviste’s global reach and responsiveness through the selection process and look to working with the NaviSite team.”

“We’re pleased to add WorkPlace Systems to our portfolio of SaaS and ISV organizations who are leveraging our unique skills and capabilities to accelerate their entrance into the SaaS market,” said Brooks Borcherding, Chief Revenue Officer of NaviSite.

Please visit WorkPlace Systems and NaviSite at National Retail Federation (NRF) Convention and Expo at the Jacob K. Javits Convention Center in New York City on January 11-12, 2010 at booth 2615 to see how WorkPlace OnLine and NaviSite could benefit your organization.

About WorkPlace Systems

WorkPlace Systems is a world leader in the development and supply of standard software products and of innovative consulting services for Workforce Management. With over 23 years experience, WorkPlace Systems has more than 200 deployments worldwide in major corporate and medium sized organizations, managing some of the largest and most challenging work environments including many in the retail sector

About NaviSite

NaviSite, Inc. (NASDAQ: NAVI) is a leading worldwide provider of enterprise-class, cloud-enabled hosting, managed applications and services. With over 20 years experience, the Company provides a full suite of reliable and scalable managed services, including Applications Services, industry-leading Enterprise Hosting, and Managed Cloud Services for enterprises looking to outsource IT infrastructures and lower their capital and operational costs. Over 1,400 customers depend on NaviSite for customized solutions, delivered through a global footprint comprising 16 state-of-the-art data centers supported by approximately 650 professionals. For more information on NaviSite services, please visit


Safe Harbor Statement

This release contains forward-looking statements that address a variety of subjects, including NaviSite’s expected future operating and financial results, such as profitability, revenue growth and EBITDA, the success and performance of our product and service offerings and our strategic business plans for growing its customer base and increasing sales. All statements other than statements of historical fact — including, without limitation, those with respect to our goals, plans and strategies set forth herein — are forward-looking statements. The following important factors and uncertainties, along with general economic conditions, changes in economic conditions and others, could cause actual results to differ materially from those described in these forward-looking statements. Our success — including our ability to improve our gross profit, to improve our cash flows, to expand our operations and revenue and to reach and sustain profitability — depends in part on our ability to execute on our business strategy and the continued and increased demand for, and market acceptance of, our products and services. We may not remain compliant with our agreement with our senior secured lenders, including financial covenants. Our financial forecasts may not be achieved, including those as to expected EBITDA and revenue. We may be unable to raise the necessary funds to meet our payment obligations to our lending group under our senior secured credit facility and other creditors. We may not be able to expand our operations in accordance with our business strategy. We may experience difficulties integrating technologies, operations and personnel in accordance with our business strategy. Our products, technologies and resources may not successfully operate with the technology, resources and applications of third parties. We derive a significant portion of our revenue from a small number of customers, and the loss of any of those customers could significantly damage our financial condition and results of operations. Competition has increased, and technological changes made, in the markets in which we compete. For a detailed discussion of cautionary statements that may affect our future results of operations and financial results, please refer to our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10 K and our quarterly reports on Form 10 Q. Forward-looking statements represent our current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements that we make. All logos, company and product names may be trademarks or registered trademarks of their respective owners.

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