New Star Analyst Rankings for NaviSite, Inc.

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NAVISITE INC Files SEC form 10-K, Annual Report

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations This Annual Report on Form 10-K contains forward-looking statements, within the meaning of Section 21E of the Exchange Act and Section 27A of the Securities Act, that involve risks and uncertainties. All statements other than statements of historical information provided herein are forward-looking statements and may contain information about financial results, economic conditions, trends and known uncertainties. Our actual results could differ materially from those discussed in the forward-looking statements as a result of a number of factors, which include those discussed in this section and elsewhere in this report under Item 1A ("Risk Factors") and the risks discussed in our other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof. We undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Overview We provide our services to customers typically pursuant to agreements with a term of one to five years and monthly payment installments. As a result, these agreements provide us with a base of recurring revenue. Our revenue increases by adding new customers or selling additional services to existing customers. Our overall base of recurring revenue is affected by new customers, renewals or terminations of agreements with existing customers. A large portion of the costs to operate our data centers - such as rent, product development and general and administrative expenses - does not depend strictly on the number of customers or the amount of services we provide. As we add new customers or new services to existing customers, we generally incur limited incremental costs relating to telecommunications, utilities, hardware and s...
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Farmer Mac Selects NaviSite for Disaster Recovery

ANDOVER, MA--(Marketwire - 10/26/09) - NaviSite, Inc. (NASDAQ:NAVI - News), a leading provider of cloud-enabled enterprise-hosting and application-management services, today announced that the Federal Agricultural Mortgage Corporation has selected NaviSite for its disaster recovery solution. The Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a stockholder-owned, government-sponsored enterprise created by Congress to improve the availability of long-term credit for America's farmers, ranchers, rural homeowners, businesses and communities. Farmer Mac needed a robust disaster recovery solution that provided assurance of continuing compliance with SAS-70 audit report requirements, as well as Sarbanes-Oxley. At the same time, Farmer Mac was confronting end-of-life issues with its current hardware platform. NaviSite's overall value proposition attracted Farmer Mac, which needed a solution that could scale to meet changing requirements."We had stringent requirements for our disaster recovery solution," said Tom D. Stenson, Executive Vice President - Chief Operating Officer. "We needed a solution that would both scale and assure continued regulatory compliance with SAS-70, as well as Sarbanes-Oxley. With a management portal that makes it easy to monitor and manage our environment, the NaviSite solution addresses our needs, and enables us to focus our attention on core business initiatives."Leveraging hardware and software to replicate data and processing capacity, NaviSite's Disaster Recovery solu...
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NAVISITE INC Financials

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NaviSite and ePartners Forge Relationship

ANDOVER, MA--(Marketwire - 11/03/09) - NaviSite, Inc. (NASDAQ:NAVI - News), a leading provider of cloud-enabled enterprise-hosting and application-management services, today announced a partnership with ePartners, a global business and technology services consultancy specializing in Microsoft Dynamics solutions for companies of all sizes. The partnership is a formal recognition of the complementary strengths of the two companies -- combining ePartners' recognized experience as a Microsoft Dynamics global business and technology consultancy with NaviSite's established hosting and full life-cycle application management expertise. Under the agreement, ePartners will also be able to resell NaviSite managed hosting and application services. "We have chosen to partner with NaviSite because of their extensive knowledge of managed hosting solutions along with their ability to scale to satisfy the increasing demand for hosted Microsoft Dynamics solutions," said Michael McCarthy, CEO of ePartners. We value NaviSite's experience in managed hosting and application services and see it as a natural complement to our Microsoft Dynamics offerings.""ePartners has established a strong reputation providing enterprise solutions to a diverse customer base," said R. Brooks Borcherding, Chief Revenue Officer, NaviSite. "This is a mutually beneficial partnership that allows us to tap into ePartners' demonstrated strength in Microsoft Dynamics integration and functional support, while we provide the hosting platform for full life-cycle managed applic...
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NaviSite to Participate in the Thomas Weisel Partners Emerging Communications Conference

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NaviSite Chosen by The Metropolitan Museum of Art to Provide Suite of Managed Application Services

ANDOVER, MA--(Marketwire - 11/09/09) - NaviSite, Inc. (NASDAQ:NAVI - News), a leading provider of cloud-enabled enterprise-hosting and application-management services, today announced that The Metropolitan Museum of Art, one of the world's largest and finest art museums with more than two million works of art from every part of the globe, completed its migration to NaviSite for managed application services to support the institution's finance, accounting, and workforce applications. The Met chose NaviSite to manage the institution's Lawson Software, Inc. and Kronos, Inc. applications. In addition to upgrading all of the Museum's applications for finance, human resources, and distribution, as well as assisting with the implementation of workforce management applications, NaviSite is migrating the Museum to a fully-managed application-services solution including best-in-class technology, high-touch functional and operational support, and continuous application lifecycle management for Lawson and Kronos."Stable operation of Lawson and Kronos solutions is very important to us," said Michael Belkin, Chief Technology Officer for The Metropolitan Museum of Art. "NaviSite's experience in installing, upgrading, and managing these solutions, as well as its reputation for customer loyalty, convinced us to seek out this partnership.""NaviSite is excited about the opportunity to demonstrate our expertise in Lawson and Kronos Managed Application Services for The Metropolitan Museum of Art," said Mark Clayman, Senior Vice President of E...
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