TORONTO, Sept. 13, 2011 /CNW/ - Frontline Technologies (TSX:FLC) today
announced it has successfully completed a multi-phased data centre
migration, relocation and integration project of Belzberg Technologies
Following the merger of Belzberg and Frontline on April 14 2011, the
combined company initiated this re-location effort which included the
complete de-installation, transport and re-installation of all Belzberg
IT infrastructure components into the existing state-of-the-art IT
hosting facilities available at Frontline.
This project included the migration of trading and execution servers,
network links and physical premises of Belzberg to the existing IT
hosting facilities of Frontline.
"The migration of Belzberg's IT footprint into the existing Frontline
infrastructure provides benefits on many fronts", said Hoss Astaraki,
Chairman and CEO of Frontline Technologies Inc. "Our trading technology
clients immediately benefit from the increased reliability and support
gained by having their trading services in Frontline's data centre.
With over 100 IT professionals overseeing daily operations and using a
proven data centre backbone, we anticipate a notable uptick in the
positive experience of our trading clients. We also look forward to
leveraging the scalability this will provide in offering new products
and services in the near future to our trading clients and the broader
financial services industry in general."
About Frontline Technologies Inc.
Frontline Technologies is an established, innovative technology service
company serving the professional, financial and investment banking
communities across Canada. Frontline Technologies provides IT
infrastructure support, managed services, technical support, hosted
environment including email and file servers, remote backup, VoIP
services, ISP, disaster recovery and much more. In addition to
infrastructure support, Frontline also offers the "Trade to Clear"
application - a comprehensive platform for managing different aspects
of trading such as OMS, Position Management, Post-trade Matching,
Electronic Ticketing, etc. Customers are able to access an array of
services through one reliable provider - Frontline Technologies Inc.
Additional information is available at www.frontline.ca.
Forward looking statements:
Except for historical information contained herein, the matters
discussed in this press release are based on forward-looking statements
that involve risk and uncertainty. A variety of important factors could
cause results to differ materially from such statements, including but
not limited to economic, competitive, governmental and technological
factors affecting the company's operation, markets, products, prices
and other factors.
SOURCE Frontline Technologies Inc.
For further information:
David Evans, CFO, 416-360-2906