Information Systems Associates Secures a Contract to Perform Data Center Services for a Fortune 500 Communications Company
Projects to Launch in Third Quarter 2010
PALM CITY, Fla., Aug. 9, 2010 (GLOBE NEWSWIRE) -- Information Systems Associates, Inc. (OTCBB:IOSA), a data center optimization software, services and solutions company, today announces that it has secured a contract to perform services for a Fortune 500 communications company. This project will launch in the next 30 days and will be completed in the third quarter. This contract is in addition to recently announced projects including a Fortune 100 wireless carrier, a Fortune 100 retailer and a Fortune 1000 bank.
Joe Coschera, the President and Chief Executive Officer of Information Systems Associates, commented, "We are pleased to have been selected to provide our OSPI v2 data center inventory management services as well as software integration and training to another valued client. With the validation of OSPI v2 now complete, we are poised to offer this data center inventory management solution to data center managers as a key component in their efforts to reduce energy costs."
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About Information Systems Associates
Information Systems Associates, Inc. (OTCBB:IOSA), based in Palm City, FL., is a leading provider of turnkey data center management solutions with a suite of services including data center inventory management, data center management software and data center optimization. Its core service utilizes its proprietary technology "OSPI software" (On Site Physical Inventory(R)) which provides a tool set allowing customers to create a highly accurate data set of their current IT inventory and assets. This accurate information is then imported into software that enables businesses to make meaningful decisions on Data Center Management that leads to optimization of resources, cost reductions and significant ROI.
For more information, visit our website http://www.isa-inc.net
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" "project" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward- looking statements may not occur. Factors that could cause or contribute to such differences include the ability of Information Systems Associates to attract customers for its services, and continue developing innovative data center optimization solutions. Further information on Information Systems Associates' risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-KSB for the year ended December 31, 2009 and the Form 10-QSB filed March 31, 2010. Information Systems Associates does not undertake any duty nor does it intend to update the results of these forward-looking statements.
The WSR Group
Released August 9, 2010