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Contact:
Sandra Swan Guidera

75 West Watkins Mill
Gaithersburg, MD
20878

T: 240.632.7000
F: 301.548.0682
sandyg@recoverypoint.com

Recovery Point Announces Special Technology Reinsurance Program with GE Disaster Recovery Services
May 14, 2002 08:30:00 AM ET

Unique Plan Mitigates Risks Arising From Multiple Disasters

GAITHERSBURG, MD -May 14, 2002-Recovery Point Systems, Inc. announced today that it has concluded a unique reinsurance agreement with GE Disaster Recovery Services (“GEDRS”) under which RPS will guarantee full deployment of contracted customer configurations, even in the event that all RPS facilities are fully occupied during a regional disaster.

“The potential for resource saturation on the part of recovery vendors during a regional disaster is a serious concern for many risk managers,” said Marc Langer, President of RPS. “The reality is that there are more aggregate subscribers than there are seats and floor provisioned resources. Only GEDRS has the standing inventory and depth of experience to mitigate that risk. The traditional remedy of trying to roll customers back to alternate geographic sites just doesn’t work for end-user recovery.”

Under the new reinsurance program, RPS’s hot-site technology is secured for each subscriber, on a one-to-one basis, by an equivalent GEDRS Quick-ship configuration. If floor-provisioned technology is in use, the redundant GEDRS configuration will be provided within 24 hours and installed in guaranteed data center space at the RPS hotsite or at any other customer designated location in the country. End-user workspaces are also secured by fully provisioned, mobile configurations, on a per-seat basis.

About Recovery Point Systems, Inc.

Recovery Point Systems provides comprehensive disaster recovery services for end-users, their technology and their data at its Integrated Disaster Recovery Site ("IDRS") in Gaithersburg, MD. Recovery Point's single-point solution mitigates logistical issues related to weather, traffic and multiple vendor management and provides subscribers with rapid recovery of high availability business functions. Recovery Point serves a diverse array of commercial and government clients, including agencies requiring secure services.

 


     
 
 
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