Information Systems Associates (OTCBB:IOSA), a data center optimization software, services and solutions company, today announces that it has secured a contract to perform services for a major regional bank with $140 billion in assets.
This project will launch by the end of September and will be completed in the fourth quarter. These contracts are in addition to recently announced projects including a global conglomerate Fortune 100 company, Fortune 500 Communications company, Fortune 100 wireless carrier, a Fortune 100 retailer and a Fortune 1000 bank.
Joe Coschera, the President and Chief Executive Officer of Information Systems Associates, stated, "This announcement represents another important milestone for our Company. As our recent history has shown, we are rapidly building our deal pipeline, which is direct evidence of the uniqueness and power of our new and patented OSPI v.2 data center solution. We expect to make similar exciting announcements during the remaining period in 2010 and 2011 as we continue to aggressively build our deal pipeline."