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www.MarketGainer.com: A Leading Specialty Risk Underwriter in the Lloyds of London Market Purchases Total MTI Storage Solution to Help Support Aggressive Expansion

Copyright:M2 Communications Ltd.
Source:M2 PressWIRE
Wordcount:1370

RDATE:15122006

EMC Corporation (NYSE: EMC) and its subsidiaries engage in the development and delivery of information infrastructures worldwide.

Shares are up $.16 reaching a high of $13.31 on a volume of over 3 million in the early morning trading. Today's momentum came in as MTI Technology Corporation (Nasdaq: MTIC), a multi-national storage solutions and services company, has been chosen to provide a complete storage solution and ongoing support services for Beazley plc, a "leading player" in the underwriting business at Lloyds.

"Beazley has been growing very rapidly and when we looked at our storage infrastructure and its ability to support this growth, I knew we needed some expert help and quick," said Dave Boswell, head of IT operations and Governance at Beazley plc. He further explained, "We had already spoken with most of the large vendors and it was clear we needed some more focused and personalized relationship with an organization that we could trust to support us over the long run. From our first discussions with MTI, it was clear we had found such a partner."

MarketGainer.com is quickly emerging as one of the newest and most exciting online newsletters for international, small-cap investors looking to stay a step ahead of the markets.

MTI first set about helping the Operations Service Improvement Programme "OSIP" group, headed by Dave to get to grips with the conflicting technologies in the market to better understand what could provide Beazley with the best return and quickest payback from any proposed investment.

Dave Boswell said, "We set MTI a challenge; implement a Storage Area Network (SAN) that is highly available, can easily scale with the business and can support our SLAs around our Disaster Recovery and Business Continuity objectives."

With such strong data growth derived from an aggressively expanding business, it was clear that containing management overhead would be a key concern. This lead neatly onto virtualisation and MTI subsequently recommended a two pronged attack; virtualised storage and virtualised server infrastructure.

"MTI has a strong heritage and acknowledged experience in integrating and supporting complex storage solutions, ensuring peace of mind and total solution support, all in one place. Because of this we were able to present a powerful case in support of our proposal," said Richard Collins, senior vice president sales, MTI Europe. "With the quality of our response and the trust we were able to instil, the customer was ultimately prepared to partner with MTI and we have delivered on our promises," Richard added.

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The MTI proposal avoided vendor lock-in, proved very cost effective and provided the means to best support future growth at Beazley. MTI initially installed two EMC Clariion storage arrays for the primary and secondary sites incorporating redundant pairs of the StoreAge SVM appliances and software. Approximately 3Tb storage per site was provided, with local Snaps (PIT's) and Clones for immediate local recovery of Exchange, SQL and File services with remote Asynchronous mirroring of all mission critical data to the remote Beazley DR centre. This can facilitate the immediate recovery of key services following a disaster situation. The SAN quickly evolved to support further areas of the business including, software development and "Beazley Central" the primary data repository for all Beazley applications. VMware Virtual Infrastructure Software, and an Enterprise backup solution using EMC Networker backup software was then introduced to cater for even more of the Beazley applications environment and geographies, including America.

James Wright, IT Infrastructure Manager for Beazley and a key player in the restructuring team, was asked how he now saw the future with the new facilities in place. He replied, "I think there is more opportunity for virtualisation; StoreAge and VMware have transformed our operations. At Lloyds there is a mass of small applications that require a small dedicated server. I think using VMware in an operational capacity to streamline this area would be very useful. Also all the replication and mirroring facilities we get via StoreAge will prove increasingly valuable as time passes." "Being able to grow our storage facilities centrally and without user interruption is a huge bonus. We are happy with our choice of solutions and equally happy with our choice of partner, MTI," James concluded.

About Beazley plc Beazley plc is one of the leading players in the underwriting business at Lloyds. They focus on writing speciality risk insurance and re-insurance business in selected markets. In 2004, Beazley USA was established. Based in Farmington, Connecticut with a regional office in Ponte Vedra Beach, Florida it underwrites surplus lines on behalf of Beazley syndicates at Lloyd's. Today Beazley's premium capacity is 830m pounds Sterling with a Lloyd's Standard & Poor's rating of a (strong).

About MTI Technology MTI is a leading multi-national provider of consulting services and comprehensive information infrastructure solutions for mid to large-size organizations. With more than 20 years of expertise as a technology innovator, MTI is uniquely qualified to assess, design, implement and support a broad range of information management and infrastructure initiatives. As a strategic partner of EMC (NYSE: EMC), MTI offers the best data storage, protection and management solutions available today. By employing a strategic, consultative approach, MTI provides customers with a single point of contact that eliminates complexities while delivering operational efficiencies and competitive advantages. MTI currently serves more than 3,500 customers throughout North America and Europe. Visit www.mti.com for more information.

To view the rest of today's articles and comparables join us at www.marketgainer.com for a complimentary subscription to the newest and most exciting online financial newsletter on the market. This article is available for viewing in the featured articles section on our website. No Credit Card information needed.

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The Financial Information and Financial Content provided by Marketgainer.com is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by Marketgainer.com. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by Marketgainer.com to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. Marketgainer.com does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.

All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).



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