Raleigh, NC — May 5, 2008
Hosted Solutions, the East Coast's premier data center and managed services provider, announced today that Tax Technology Services, LLC (TTS), a national application service provider of sales tax compliance services, has awarded them a multiyear contract.
TTS, based in Raleigh, NC, provides an online-based service, dubbed CertCapture, to many Fortune 1,000 companies that pay taxes in multiple states. The application allows them to manage and track their Sales Tax Exemption Certificates by scanning and mapping them to a specialized online database for review and analysis, protecting them in the event of an audit.
"Our clients depend on us to fulfill their stringent specifications. To meet the demanding requirements of current and future enterprise-level clients it was essential that we selected a SAS-70 compliant hosting partner," said Silvia Aguirre, TTS President and Co-founder. "Furthermore, it is critical for CertCapture to be available, scalable, and perform at a high level and with the latest security protections built in. With Hosted Solutions, we've found a partner who maximizes our IT infrastructure so we can focus on our core competency of helping organizations comply with State Tax Regulations."
Hosted Solutions provides TTS with a comprehensive solution, including dedicated servers, managed firewall, monitoring and redundant internet services which are maintained by Hosted Solutions at its SAS 70 Type II certified Data Center facility.
Brian Baker, Vice President of Sales with Hosted Solutions is excited by the addition of TTS to the company's deep roster of emerging Triangle based technology companies. He says, "TTS has truly developed an industry changing solution that enables large enterprises with multi state operations to easily digitize and store tax related certificates that have been fully vetted by qualified tax professionals without investing in software, hardware or IT support. We are proud to play a critical role in their success and growth by providing a secure, reliable and robust online environment for their customers to store and report critical information to state tax professionals around the country."
Hosted Solutions, based in Raleigh, North Carolina, announced recently that they had been acquired by a Boston-based private equity firm, ABRY Partners, for $140 million dollars.
Hosted Solutions full suite of services includes Colocation, Fully-Managed Servers, Dedicated Servers, Business Continuity Services, Managed Storage, Enterprise Backup, Managed Firewall, Intrusion and Vulnerability Detection, Load Balancing, High Availability Clustering and comprehensive 24/7 Monitoring and for mission critical applications.
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Hosted Solutions' high quality Data Center and Managed Hosting services maintain and protect customers' mission-critical IT systems and applications, enabling them to reduce operating costs, lower the risk of downtime, focus on core competencies, and achieve their top business objectives. The company operates SAS 70 Type II Certified facilities in Boston MA, Charlotte NC, Raleigh NC, and Cary NC, providing best-of-breed data center operations with hardened physical infrastructure, the highest level of security, and a complete managed services portfolio. Hosted Solutions was acquired by Boston-based private equity firm ABRY Partners in April 2008 for $144 million. For more information, please visit www.hostedsolutions.com.
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