The relationship with VERITAS Software demonstrates MFN's ability to successfully offer the Site Operations Platform (SOP) within an enterprise data center as well as an off-site co-location facility.

In March 2000, VERITAS Software selected SiteSmith as its managed service provider at its third party co-location facility. MFN acquired SiteSmith in February 2001. Shortly after, VERITAS Software made the strategic decision to move its data center operations in-house and extended its business relationship with MFN.

Under the new agreement, MFN assists VERITAS Software in the deployment of its re-architected e-business environment in its new data center. MFN also provides ongoing managed services for the company's external Web site through its Site Operations Platform (SOP).

MFN's award-winning SOP is a comprehensive managed services solution designed to deliver a reliable, scalable, secure and high-performing Internet infrastructure for running mission-critical applications. The solution combines all of the infrastructure elements in creating and maintaining a world-class Internet presence, all at a fixed monthly fee.

"MFN delivers infrastructure managed services regardless of location," said Greg Valdez, vice president and chief information officer, VERITAS Software. "With MFN's assistance, we are confident that our external Web site is high performing, secure and available 24 hours a day, seven days a week, freeing up our internal technical staff to focus on new projects. They work excellently as a member of the team."

"MFN is pleased that our relationship with VERITAS continues to grow," said Mark Spagnolo, president and chief operating officer of MFN. "This agreement demonstrates MFN's commitment and ability to offer our superior managed services solution within customer-owned data centers, third-party facilities and MFN's state-of-the-art data centers."