VERADO HLDGS-B (OTC:VRDOQ)
Industry: Technology

Listed 10 Consecutive Market Days. On List as of 03/09/2007 Through 03/23/2007

Verado Holdings, Inc. is a provider of outsourced data center, managed services and Web and application hosting solutions for businesses. The Company provides customers space, power and Internet access within its nine geographically dispersed data centers. Verado also provides dedicated servers that are Internet-connected servers, packaged as a complete Web, database or application hosting solution. The Company's managed services allow customers to obtain functions that would be typically performed by an in-house Information Technology department. On February 15, 2002, the Company and its controlled subsidiaries filed voluntary petitions for protection under Chapter 11 of the United States Bankruptcy Code. The Data Center business segment currently offers its data center, managed services and Web and application hosting services from nine data centers located in San Diego, Portland, Denver, Houston, Salt Lake City, Dallas, Irvine, Santa Clara and Glendale. Verado's total data center space is approximately 245,000 gross square feet. The Company's focus is to deliver peace of mind and an opportunity for financial savings to its customers by providing that the mission-critical applications that run their businesses are available for use. Verado's data center infrastructure is a climate-controlled, raised floor environment that features multiple fiber trunks coming into each data center from multiple sources, redundant environmental systems, including heating, ventilation and air conditioning, Uninterruptible Power Supply, including battery back-up and diesel powered generators, and physical and logical security. Verado data centers feature multiple points of security, including fire detection and suppression systems, around-the-clock on-site security guards, photo identification electronic card access systems, closed-circuit television video surveillance track systems and real-time monitoring of alarm and intrusion systems from its national Network Operations Center. Verado has tailored its products and services to meet the needs of its target business customer base. Managed Services Verado's managed services provide outsourcing solutions for its customers' Internet infrastructure requirements. Verado's engineering staff provides the hardware, software and scalable infrastructure required to support mission-critical Internet applications. The managed services fall into numerous categories, including administrative services, security services, monitoring and reporting services, backup and restore services, storage on demand services, enhanced network services, as well as database and application platforms. Dedicated Servers A dedicated server is an Internet-connected server packaged as a complete Web-based application solution, using either a Compaq/NT or Sun/Solaris platform. Packaging provides hardware, software and certain administration services, and the Company offers the service in data centers in order to take advantage of its space, power and access solutions. There are many optional hardware features, software configurations and value-added services to accompany the base product. Colocation Services Customers can choose from multiple space (racks or cages), power and Internet access options to house and connect their computer equipment. Customers can also take advantage of Verado's engineering support, which can supply complete turnkey cabinet, cage or suite design and installation. Professional Services Verado is able to provide the services, expertise and manpower to fully manage the complex needs of its customers who desire a complete outsourced solution. Other Operations Verado completed evaluations of its business segments and available capital and in the third quarter of 2000, announced its decision to focus on its Data Center business segment. The Company has adopted discontinued operations accounting treatment for the Internet Services, Web Integration and Communications business segments.

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As Of: 10/07 00:00 ET
*Quotes delayed by 20min.

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