MatchingAds Chooses Virtacore Systems
Market Wire, August, 2010
MatchingAds, Inc., a subsidiary of DND Technologies (PINKSHEETS: DNDT), and Virtacore Systems, Inc. today announced that Virtacore has been chosen as the exclusive cloud computing and managed services provider for MatchingAds’ entire network of online classified solutions. MatchingAds is a full service classifieds solution provider that delivers customized advertising web portals for TV stations in major cities across the U.S. Virtacore Systems, a leading managed cloud provider, will host and manage all aspects of the IT infrastructure required to deliver each of MatchingAds’ web portal solutions.
MatchingAds works with local TV stations to augment their advertising bases with an increased ability to drive traffic to their respective websites. Their proprietary ad-generation process provides a local media web portal with a high volume of ads. It also includes a proprietary user-verification process eliminating the issues of spamming and illegal content.
Following its successful debut in the Phoenix market in late 2009, MatchingAds is on pace to open additional sites in 2010 in each of the top 20 high density markets or top Designated Market Areas (DMAs), including New York, Philadelphia, Chicago and Los Angeles, which represent about 40% of the U.S. The company chose to move from its current hosting provider to Virtacore Systems to ensure their infrastructure could scale to meet heightened demand.
According to The Yankee Group, Internet advertising is expected to grow more than 100 per cent in just two years, from $21.7 billion in 2009 to $50.3 billion by 2011. “Our TV network customers expect our classified solutions to be always-on and operating at peak performance,” said David Pollei, President and CEO of MatchingAds. “With Virtacore, we’re confident that our solutions can scale to meet or exceed our clients’ expectations even as we expand into other major metropolitan markets. They’re a true business partner that’s 100 per cent committed to our success — a rare find in the service provider space these days.”
Virtacore Systems’ Tier 3 Equinix data centers are home to all the servers, storage and network infrastructure needed to support each of MatchingAds’ advertising web portals. In order to best meet MatchingAds’ clients’ wide range of computing needs, Virtacore designed and implemented a hybrid cloud solution using both shared and dedicated resources. In addition, Virtacore provides the full complement of managed services required for day-to-day operations such as systems administration, backups, and software maintenance.
“We’re thrilled to have been chosen as MatchingAds’ exclusive Managed Cloud Provider,” said Thomas J. Kiblin, Founder and CEO of Virtacore Systems. “We pride ourselves in really understanding each client’s unique environment so we can deliver the best combination of resources and managed services they need to be successful in the cloud. This enables us to readily adapt to handle MatchingAds rapid growth and dynamic client needs.”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
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