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SAVVIS FINANCIAL XCHANGESM SERVICES SELECTED BY THE MONTRÉAL EXCHANGE FOR ONLINE TRADING APPLICATIONS The Montréal Exchange Enhances Electronic Trading Floor Using SAVVIS Network HERNDON, VA, April 24, 2002 – SAVVIS Communications (NASDAQ: SVVS), the premier provider of virtual private networks (VPNs) and managed hosting to the global financial markets, announced today that Bourse de Montréal Inc., the Montréal Exchange, selected SAVVIS’ Financial XchangeSM to deliver network connectivity to its electronic trading system, called the Système automatisé de Montréal/Montreal Automated System (SAM). The Montréal Exchange will use SAM and SAVVIS Financial XchangeSM to connect approved participants to a portfolio of research and trading applications. By connecting to SAM via SAVVIS’ global network, users can transmit orders to the Montréal Exchange and receive execution confirmation reports over high-speed TCP/IP connections from anywhere in the world. Participants on the Montréal Exchange include some of the largest broker-dealers in the world. “On December 24, 2001, the Montréal Exchange opened a new era in derivatives trading by closing its traditional trading floor and launching the Montreal Automated System (SAM), the first of its kind in North America,” said René Millette, Chief Strategic Officer, Information Technology at the Montréal Exchange. “With SAVVIS Financial XchangeSM we can offer access to our electronic trading system via a secure, high-performance private extranet and leverage SAVVIS’ global connectivity in the financial services industry as we grow our customer base.” SAVVIS Financial XchangeSM connects more than 4,700 financial institutions to financial applications and data and is fast becoming the standard for connecting to the leading exchanges in the world. In addition to the Montréal Exchange, SAVVIS Financial XchangeSM provides data connectivity to a growing list of exchanges including the Boston Stock Exchange, the Chicago Board Options Exchange, the Merchants’ Exchange, and the New York Stock Exchange and top electronic communications networks (ECNs) like CollectiveBid, LiquidNet, and MarketAxess. “The Montréal Exchange, like SAVVIS, has a well-deserved reputation for innovation,” said Jack Finlayson, President and Chief Operating Officer of SAVVIS. “They have combined their advanced applications and futures market expertise with SAVVIS’ Financial XchangeSM services to become the most efficient and cost-effective self-regulated marketplace for the trading of Canadian financial derivative instruments. SAVVIS' networking expertise and vast connectivity to the global financial community will further enhance the Montréal Exchange’s leadership position in the marketplace.” About SAVVIS SAVVIS Communications Corp. (NASDAQ: SVVS) is a global business network service provider (NSP) that delivers virtual private networks (VPNs), managed hosting and Internet services to medium-sized enterprises and the financial services market. The mid-market, which is underserved by traditional data communications carriers, is the fastest growing segment of the IP VPN market. In financial services, SAVVIS is a leading provider of high-performance networking solutions to this demanding industry. SAVVIS Financial XchangeSM, a VPN-based extranet and private VPN service platform, provides speed-to-market advantages through connectivity to more than 4,700 financial institutions worldwide. SAVVIS Financial XchangeSM solutions include private Intranets and Extranets, highperformance Internet access, and managed hosting services. All Financial XchangeSM solutions meet the rigorous requirements of the financial services industry by combining the flexibility and fast time-to-market of the Internet, with the Quality of Service (QoS), security, and reliability of private networks. In addition, Financial XchangeSM is one of the largest carriers of Financial Information eXchange protocol (FIX) traffic in the United States and has partnerships with many FIX application and services providers. SAVVIS Financial XchangeSM solutions are delivered over the company’s Intelligent IP NetworkingSM platform that was named Product of the Year for 2001 by the editors of Network Magazine. SAVVIS beat out well-known VPN providers such as AT&T, WorldCom, Sprint and Genuity. SAVVIS Communications was ranked the eighth fastest-growing technology company in North America on the 2001 Deloitte & Touche Technology Fast 500, which ranks companies based on five-year percentage revenue growth from 1996 – 2000. For more information about SAVVIS and its Intelligent IP networking, visit: http://www.savvis.net. About the Montréal Exchange The Montréal Exchange was established in 1874 and is Canada’s oldest exchange. Throughout its history, the Montréal Exchange has distinguished itself as an innovator. In 1975, it was the first Canadian exchange to list options and, soon after, to establish a major futures market. Today, the Montréal Exchange is the first traditional exchange in North America to offer a fully electronic trading environment that is used by both individual and institutional investors to trade a wide range of derivative products on equity, index, and interest rate. The Montréal Exchange also offers clearing services through its corporation, the Canadian Derivatives Clearing Corporation (CDCC) and training (e-learning and in-class) through its Derivatives Institute. For more information about the Montréal Exchange, visit www.m-x.ca