Satuit Technologies and VeriCenter Announce New Hosting Partnership

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Further extending Satuit’s leadership in customer relationship management for investment professionals with major infrastructure upgrades and SAS 70 certification.

Satuit Technologies, Inc., the fastest growing provider of customer relationship management (CRM) solutions for investment professionals, today announced a strategic partnership with VeriCenter, a leading managed services and enterprise infrastructure company. The agreement provides for on-demand infrastructure services for SatuitCRM.

Satuit is experiencing unprecedented growth since introducing its SatuitCRM on-demand solution, signing 25 new clients within the last six months. Satuit’s target market of Investment Professionals is among the most demanding when it comes to safety, security, speed and reliability. This rapid growth is not only a testament to Satuit’s experience and technology leadership for the Investment Professional market, but also to the infrastructure that is provided with its SatuitCRM on-demand solution.

“In keeping pace with the tremendous growth that we are experiencing, we must remain vigilante in providing our clients with the most trusted, secure, fast and reliable service available,” said Karen Maguire, CEO of Satuit Technologies. “Leveraging VeriCenter’s world-class data centers and technical support, together we deliver investment professionals the most complete on-demand CRM environment available on the market.”

“VeriCenter is delighted to partner with Satuit and offer their CRM customers enhanced service levels,” said Mike Sullivan, Co-founder and SVP of Product and Technology Services. “As organizations seek to focus their service delivery models on application delivery, they are increasingly looking to VeriCenter to provide infrastructure support with cost-controlled solutions.”

SAS 70 Certification was among the key requirements in selecting VeriCenter as our hosting partner. SAS 70 is an international auditing standard developed by the American Institute of Certified Public Accounts (AICPA). It is recognized by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for management at publicly-traded companies to obtain assertions about service organization controls without conducting separate audits. Under Sarbanes-Oxley's Section 404, management of publicly traded companies must take personal responsibility for the effectiveness of their internal control over financial reporting, and it includes controls at companies to which they outsource their IT operations.

Additionally, the new partnership provides Satuit customer’s enhanced features, including additional storage space, to 100meg per user.

About VeriCenter, Inc.

VeriCenter is the IT infrastructure and managed services company that provides a comprehensive range of secure, reliable, enterprise-level IT operations. These inclusive enterprise services are centrally delivered through automated systems to our nationwide data centers or customer locations. VeriCenter's solutions help maintain and improve all levels of enterprise service and support while extending IT departments' in-house capabilities. VeriCenter customers rely on the company's expertise for hosting, security, monitoring, OS & database administration, and storage & tape backup requirements. Customers benefit from scalable, cost controlled, high-quality IT services and infrastructure all from one source. For additional information on VeriCenter and the scalable solutions, visit: or call 866.411.8287.

About Satuit Technologies

Satuit Technologies, Inc. is a global leader in sales force automation (SFA) and client relationship management (CRM) solutions the professional investment market. The company’s SatuitCRM system was designed to enable asset management and hedge fund companies to increase sales, better serve their clients, master information-intensive business relationships, and reduce costs. With offices in the United States and the United Kingdom, Satuit serves clients in more than a dozen countries as well as every major financial center. Satuit Technologies was founded in 1994 and is privately held. For additional information on Satuit Technologies, visit: or call 781.871.7788.

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Jennifer Z. Lozier

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Satuit, SatuitCRM and Satuit corporate logo are trademarks of Satuit Technologies, Inc.

VeriCenter and VeriCenter corporate logo are registered trademarks of VeriCenter, Inc.

All other trademarks or registered trademarks are properties of their respective owners.

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