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| Alpha Selects Q9 to Provide Multiple Data Centres and Managed IT Infrastructure Services to Host Trading Solution |
April 24, 2008 |
TORONTO, April 23 - Alpha Trading Systems Limited Partnership (Alpha) and Q9 Networks Inc. (TSX:Q) (Q9) are pleased to announce that they have entered into an agreement to have Q9 provide Alpha with a comprehensive managed IT infrastructure solution.
Under the terms of the agreement, Q9 will provide Alpha with redundant and geographically diverse data centres to house Alpha's production, testing and disaster recovery hardware and software trading solution. In addition, Q9 will provide a comprehensive suite of managed services, including bandwidth and redundant communication links between the sites, to allow for the highest levels of performance and reliability.
"Alpha is expected to be a significantparticipant in the Canadian capital markets and as such, it demands the utmost in performance and reliability of all of its technology solutions. Q9 will provide us with the quality of facilities and services that Alpha requires," said Alpha Chief Information Technology, Karl Ottywill. "After a rigorous review process involving a number of potential partners, we determined that Q9 was best able to meet our stringent requirements."
Jos Schmitt, Alpha CEO, added "It is our intent, with the help and support of Q9, to provide the Canadian capital markets with a technology hub for the trading of securities. Operational excellence, seamless disaster recovery and co-location are the core objectives for this hub."
"Alpha is an innovative company backed byCanada's largest and most respected financial institutions," said Osama Arafat, CEO, Q9 Networks. "They clearly understand the value proposition that Q9 brings to mission-critical applications. Performance, reliability and security are the foundations upon which Q9 has built an extensive list of brand-name clients. We are delighted to be adding Alpha to this list and to have been entrusted with such an important mission. We look forward to supporting the growth and success of Alpha and its trading partners well into the future."
About Alpha Trading Systems:
Alpha Trading Systems was established in May, 2007 by nine of Canada's leading financial institutions with the mission of providing the preferred trading venue for trading Canadian securities. Its ownership group consists of BMO Capital Markets, Canaccord Capital Corporation, CIBC World Markets, CPP Investment Board, Desjardins Securities Inc., National Bank Financial, RBC Capital Markets, Scotia Capital Inc. and TD Securities Inc.
About Q9 Networks:
Q9 Networks is a leading Canadian provider of outsourced data centre infrastructure for organizations with mission-critical IT operations. Q9's data centres and network are backed by an industry leading SLA which guarantees 100% network and power availability. Q9 managed services, including: bandwidth, dedicated servers, firewalls, load balancing, virtual private networking (VPN) and back-up/restore, enable the rapid provisioning and scalability of client infrastructure.
For further information: Kevin Spikes, Director of Corporate & Investor Relations, Q9 Networks, Telephone: (416) 848-3311, Toll Free: 1-888-696-2266, media.relations@Q9.com; Michael Brady, Head of Legal, Alpha Trading Systems Limited Partnership, Telephone: (647) 259-0408, Michael.brady@alphatradingsystems.ca
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