Leading Texas
bank renews its contract for three years, following an eight year
history of meeting IT operations management challenges with
Savision software.
OTTAWA, Dec. 17, 2018 /CNW/ - Martello Technologies
Group Inc. ("Martello") (TSXV: MTLO), a leading provider of
network performance management solutions for real-time
communications, announced today that Frost Bank, a
Texas-based chartered bank that is
among the largest banks in the United
States, has chosen to renew its contract for the
Savision IT operations management software products for the
next three years. This follows an eight year relationship in which
Frost Bank has continually expanded its Savision product coverage,
bringing all of the bank's IT and performance monitoring
capabilities into a single dashboard. Savision is a wholly owned
subsidiary of Martello.
A chartered bank in Texas with
more than 140 locations, Frost Bank resolves problems on their IT
network faster with the help of Martello's Savision software.
Rather than managing their network using multiple tools, each with
their own logins and alerts, they have a single pane of glass in
which data and alerts from these tools is consolidated. This
reduces alert noise and allows Frost Bank to deploy the correct
resources quickly to resolve problems faster. Frost Bank initially
integrated its SCOM (System Center Operations Manager) monitoring
system with Savision, and has since integrated SolarWinds NPM, CA
Application Performance Management and Derdack Enterprise Alert
into a single dashboard using Savision IQ.
"Throughout our history with Savision, their responsiveness to
our feature requests has helped us improve the way issues on our
network are handled", said Roger
Salinas, Network Engineer at Frost Bank. "We're a 24/7
operation with more than 50 team members handling help desk and IT
administration, and the Savision tool has made us much more
efficient".
"Frost Bank is an excellent example of how Martello's solutions
can bring clarity and control to increasingly complex and
distributed IT environments", said John
Proctor, President and CEO of Martello. "We're pleased that
this simple and cost-effective solution has brought greater
efficiency to Frost Bank, and appreciate their loyalty".
In 2018, Martello has executed on acquisitions, organic growth,
a public listing and received numerous awards. On November 2, the company announced the completion
of its acquisition of Savision, after having acquired SD-WAN player
Elfiq Networks in December 2017. The
Company's solutions have also been recognized by the industry. In
October, Martello received the Outstanding Information &
Communications Technology Company (ICT) Recognition Award from
IEEE. In September, Martello was recognized with a Frost
& Sullivan Leadership Award for NPM (Network Performance
Management) and ranked as Ottawa's
Fastest Growing Company on the Growth 500 list of Canada's Fastest Growing Companies at No. 28.
The Company's listing on the TSX Venture Exchange (TSXV) followed
the closure of an oversubscribed $7.5
million private placement in June
2018. View the complete list of Martello Awards.
About Martello
Martello Technologies Group Inc.
(TSXV: MTLO) delivers confidence in network performance. Our
solutions manage and optimize the performance of real-time services
on cloud and enterprise networks and include network and IT
performance management software as well as SD-WAN technology. Over
the top (OTT) service providers and enterprises around the world
rely on Martello's technology to deliver better service quality and
a reliable user experience. Designed for real-time communications
such as voice and video, Martello's solutions detect, identify and
address network performance problems BEFORE service quality is
impacted. Martello Technologies Group is a public company
headquartered in Ottawa, Canada
with offices in Montreal,
Amsterdam, Paris, Dallas
and New York. Learn more at
http://www.martellotech.com.
FORWARD LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and
uncertainties. Actual results could differ materially from those
anticipated in such forward-looking statements as a result of
numerous factors, some of which may be beyond the Corporation's
control. These factors include: general market and industry
conditions, risks related to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management on the date the statements
are made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
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accuracy of this release.
SOURCE Martello Technologies Group