NRS + InfoTech
Press, Text, 24-7 Press Release / Jun 30, 2007

Neville, Rodie and Shaw, Inc. (NRS), a leading investment advisory firm based in New York City, and one of InfoTech’s long standing clients in the IT Outsourcing arena, has recently extended its system maintenance and support contract with InfoTech. As part of the extended contract, NRS has contracted InfoTech to build and host a disaster recovery center to be located at InfoTech’s Minot Technology Center in Minot, North Dakota.

“We have counted on InfoTech for years now in supporting our infrastructure and found them to be responsive and reliable. For an organization like ours, outsourcing the IT department is imperative, as it allows us to focus on our core competencies and not deal with IT support issues. Outsourcing the backup site is the next natural stage in the relations with InfoTech,” said Frank J. Anastasi, who is the CCO and a partner at NRS.

Andre Knudsen, the CTO of InfoTech, added “today’s business realities and regulatory requirements necessitate site backups for mission critical operations such as NRS. The InfoTech – Minot Technology Center is the perfect solution, both from a security aspect, as well as from a technological infrastructure aspect.”

“We have a lot of extra bandwidth and communication capacity in Minot, which is suitable for remote backup and hosting locations, as Minot also provides the full infrastructure support for the Air Force base in Minot,” said Wesley (Mac) Magaster, COO of InfoTech – Minot Technology Center and a 26-year Air Force veteran.

Neville, Rodie & Shaw is a registered investment advisory firm based in New York City with greater than $1.5 billion under management. The firm was founded in 1933 to manage portfolios for investors seeking professional guidance in achieving wealth protection and enhancement. The firm manages long-only separate accounts, focuses on investments in publicly traded companies, and is privately-owned by its active employees. Neville, Rodie & Shaw is a charter member of the Investment Adviser Association.

InfoTech Solutions for Business, Inc. (InfoTech) is a privately owned software house and system integration company with a variety of products, IT services and business practices. Headquartered in midtown Manhattan, with satellite offices in the U.S. only, InfoTech is a Microsoft Certified Partner and GSA approved contractor with multiple credentials and certifications. The company’s clients include some of the most prestigious banks, media companies, government agencies, and small to mid-size companies representing a wide range of industries. Additional information can be found at www.infotechfb.com or by contacting InfoTech at (212)245-4222.