MuniAuction Chooses Inflow’s Pittsburgh Colocation CenterDecember 5, 2000
Inflow Improves Internet Reliability, Security of Live Auction Website
DENVER and PITTSBURGH, Dec. 5 — InFlow, Inc., a national leader in first class data centers and managed services, was chosen by MuniAuction to provide quality colocation with 24x7x365 onsite customer service. Focused on real-time Internet auctions, MuniAuction has installed its production servers in Inflow’s Pittsburgh DNX (Data Network Exchange) facility. MuniAuction will utilize Inflow’s managed services including InflowNet(TM) and SecureFlow(TM) to enhance its real-time auctions and customer transaction security.
After careful evaluation of Inflow’s facilities, services and consultation with our clients, we were convinced that Inflow is uniquely qualified to be our colocation facility,” said Myles Harrington, MuniAuction’s president.
For a company that conducts live auctions on the Web, Internet uptime is a must,” said Bill Wosilius, Inflow’s Pittsburgh general manager. MuniAuction needed an infrastructure that would grow with the company and Inflow matched their core values and requirements for reliability, security and network performance.”
MuniAuction conducts $20 billion in Internet auctions every week for two of the largest bond issuers in the world, Freddie Mac and Federal Home Loan Banks, in addition to serving many of the largest municipal bond issuers in the country. MuniAuction’s site is now backed by Inflow’s security and network managed services to provide continuous Internet access needed for live auctions, financial transactions and future international businesses.
Inflow’s InflowNet service provides high Internet redundant access and performance through its multiple Tier-1 ISP network. SecureFlow, Inflow’s managed firewall service, prevents unauthorized crossing of network perimeters and deters the latest attacks. These services combined enhance MuniAuction’s end-user experience and safeguard the operations of its online auctions.
MuniAuction joins Inflow’s growing customer base that includes MapQuest, AtHome Corporation, Headhunter.net, RedHat, randmcnally.com and others. In 2000, the number of Inflow customers has grown from 60 to more than 340. To support the increase in business, Inflow has expanded its DNX (Data Network Exchange) facilities from three to 15 and its staff from 107 to more than 590 company-wide.
MuniAuction is the country’s first website for auctions of fixed income securities and in particular, municipal bonds and agency discount notes. MuniAuction serves bond issuers, institutional investors, and municipal treasurers by hosting Internet auctions for the sale of bonds and for the purchase of money market instruments. In addition to developing customized auction software for institutional sales of fixed income securities and treasury investment products, MuniAuction provides on-going auction hosting and support services to debt issuers, institutional investors, underwriters and financial consultants. Since November 1997, MuniAuction has hosted more than 560 Internet auctions of fixed income securities totaling more than $1 trillion. MuniAuction, which has 35 employees, is headquartered in Pittsburgh, Pennsylvania and has a branch office in the San Francisco Bay Area.
More information on MuniAuction is available at www.muniauction.com, or by calling 412-391-7686.
Inflow is a leader in first class data centers and managed services, designed for mission critical e-businesses. The company guarantees 100 percent uptime in Internet access through multiple Tier 1 service-provider networks. Inflow’s cost effective services, certified engineers and first rate customer service allows companies to focus on their core business and outsource their back-office IT departments.
Inflow, with headquarters in Denver, Colorado, owns and operates 15 Internet data centers in emerging technology cities nationwide. The company plans to open six additional sites within the next six months, including its first international facility in Dublin, Ireland. For additional information and data center locations, please visit www.inflow.com or call 877-321-2464. For investor inquiries, please contact Whitney Fogt at 303-942-2840.