Smithfield & Wainwright Selects Peak 10's IT Security, Virtual Servers for New Valuation Platform

Fully-Managed IT Solution Will Support Firm’s Rapid Real Estate Valuations
 
JACKSONVILLE, Fla. (Oct. 1, 2009) – Peak 10 Inc., the leading independent data center operator and managed services provider, is pleased to announce its support for Smithfield & Wainwright LLC, a full-service real estate appraisal and pre- and post-valuation firm. Smithfield & Wainwright will utilize SAS70 Type II-compliant, enterprise-class facilities on Peak 10 Jacksonville’s campus for a fully-managed virtual platform complete with advanced intrusion detection and protection security.  
 
“We were searching for a trusted IT solutions partner that could provide a cost-effective solution and industry leading service. We chose Peak 10 and it has surpassed our expectations,” said Hogan E. Copeland, II, chairman and CEO for Smithfield & Wainwright LLC. “Our company has exciting things on the horizon and we are glad to have Peak 10’s expertise, regulatory compliant facilities, and robust security measures – safeguarding our mission-critical data and supporting our growth and success. By utilizing Peak 10’s virtual platform, we are enjoying cost savings on hardware while creating a scalable infrastructure solution as our new valuation platform gains traction – allowing more than 300,000 secured orders to be processed under the Logical Property Valuation (LPV) platform.”
 
Smithfield & Wainwright LLC is a Florida-based, full-service real estate appraisal and valuation firm that provides services nationwide. The organization provides proper valuation, which is critical in today’s economic environment, by offering the necessary accountability and critical management expertise. The firm has also developed proprietary platform to assist both government and financial institutions in resolving asset re-valuations on a real time-new generation basis. This new service will allow Smithfield & Wainwright to pass along cost efficiencies to its clients and provide them with the most prompt processing turnarounds.  
 
“We are excited that Smithfield & Wainwright selected us for our virtualization expertise and reliable service portfolio,” said Mike Stockwell, the vice president and general manager for Peak 10 Jacksonville. “Leveraging virtualization allows Smithfield & Wainwright’s new LPV, Web-based proprietary software platform to go to market quickly and at the same time cost-effectively manage the growth of its supporting infrastructure.”
 
Peak 10 Jacksonville's managed IT and data center services improve performance, reliability, lower costs and maximize internal resources for customers while keeping their valuable information technology assets close to the business. The company combines its secure, private network and enterprise-class data centers with world-class engineering and support to serve market-leading companies nationwide. As a managed services leader, Peak 10 offers a wide range of technology services including virtualization, managed hosting, and cloud-based services in a cost-efficient and reliable platform for its customers. The company owns and operates data centers in nine key markets that include Cincinnati, Ohio; Atlanta, Ga.; Raleigh and Charlotte, N.C.; Tampa and Jacksonville, Fla.; Nashville, Tenn.; Louisville, Ky.; and Richmond, Va.
 
About Smithfield & Wainwright
Smithfield & Wainwright, a Jacksonville, Fla.-based firm, specializes in residential real estate appraisal valuation, commercial real estate appraisal valuation, foreclosure valuation experts, valuation experts regarding securitization, whole loans, securitized mortgage pools and mortgage-backed securities. Smithfield & Wainwright provides companies a high quality appraisal reporting, short turnaround times, pre- and post-valuation monitoring services, real time data streams and data provided for Liquidation Channels. For more information about Smithfield & Wainwright, visit www.smithfieldwainwright.com.
 
About Peak 10 Inc
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Peak 10 is the leading independent data center operator and managed services provider, delivering scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure. Its team of experts embraces the industry's evolving technologies by adopting and tailoring solutions such as virtualization and cloud services as part of its robust managed services offering. The company's strong customer focus (or service), financial stability, geographic diversity and technical strength attracts market-leading companies such as LendingTree, Global Knowledge, Pergo, Healthways, Churchill Downs and The Fresh Market. Peak 10 is SAS70 Type II compliant and helps companies meet the requirements of various regulatory compliance acts such as Sarbanes-Oxley (SOX), HIPAA, PCI and Gramm-Leach-Bliley (GLBA). For more information on data center solutions from Peak 10, visit www.peak10.com.

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