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Flush with cash from the sale of two data facilities and its content delivery network assets, Savvis Inc. (SVVS) is on track to complete a 5 million data center expansion. Philip Koen, chief executive at Savvis, said the company plans to complete construction of a new data center in London and expand similar existing facilities in New Jersey and Singapore by the end of the year.

Koen, speaking at an investors conference organized by investment bank Lehman Bros., said the new data centers coming online later this year are part of the expansion program Savvis began last year in efforts to grow its business. The company, which is based in Town & Country, MO, provides information technology infrastructure services — including data storage, Internet hosting and network services — to a wide array of clients, including financial institutions.

The addition of data centers is part of a reorganization that Koen has undertaken since he took the helm at Savvis in 2006. “For the last one and a half years, what we have done is continue to reshape our business,” Koen said. “We did a number of things to refocus our business in 2007.”

That effort includes strengthening the company’s technology by spending about million to upgrade its communication network last year and focusing on fast-growing markets in Europe and Asia. Last year, Savvis posted a profit of 0.6 million on revenue of 3.8 million, the first time it made money after suffering years of losses.

Koen said the money Savvis is using to build new data centers comes from the sale of some assets last year, which accounted for a significant portion of 2007 profit and fetched the company more than 0 million. In January 2007, the company sold its content delivery network (CDN) assets to New York-based L3 Communication Inc. for 2.5 million. Last June, Savvis sold two data centers located in Santa Clara, Calif., to Seattle-based Microsoft Corp. in a deal worth about 0 million.

So far under its expansion plans, Savvis has completed construction of seven new data centers, including a 46,800-square-foot facility in Dallas and a 20,000-square-foot center in Chicago, which both opened in April. Last year, the company opened five new data centers, in Atlanta; Boston; Piscataway, N.J.; Santa Clara, Calif.; and Sterling, Va.

According to Donna Jaegers, an analyst at Janco Partners Inc. - a Denver-based equities research firm that mainly serves institutional investors - Savvis’ strategy of building new data centers around the world is a good move.

Jaegers said Savvis — which in 2006 had 24 data centers located in the United States, Europe and Asia — needs to add space to attract more customers. The nation’s IT infrastructure services sector in general is beginning to build more data centers, she said, something not seen since the technology boom of the 1990s.

Jaegers said the new data centers should help boost Savvis’ outlook on Wall Street, which was dampened after the company lowered its earnings guidance for 2008 while reporting its first-quarter results April 29. Savvis posted a loss of .2 million on revenue of 3.3 million in the first quarter. The company stated it expects 2008 revenue to be in the range of 0 million to 0 million, down from its previously issued guidance of 0 million to 5 million.

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Artificial Life, a leading global full-service provider of award winning mobile technology and applications has signed another development agreement with Cartoon Network, Inc, owned by Turner Broadcasting Company, a Time Warner company (NYSE:TWX).

Artificial Life is a pioneer in broadband mobile technology and the world’s first full-service broadband mobile content and technology provider. The company’s services and products include: mobile TV, mobile entertainment, mobile business applications and mobile advertisement.

In January of this year, Artificial Life signed on with Cartoon Network to develop a series of game applications for wireless platforms based on games published by Adult Swim, Cartoon Network’s late night programming block showcasing original and acquired animation for young adults aged 18-34. This new contact is to further expand the initial contract between the two companies.

The company did not comment on the new contract but in response to the initial contract dating back to January, Eberhard Schoneburg, CEO of Artificial Life stated, “We are very excited to partner with Cartoon Network and develop wireless applications for them. Cartoon Network owns a vast portfolio of renowned brands, which are very appealing to the young audience of wireless customers globally. We are delighted to be chosen to develop such exciting titles for them.”

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We are again reiterating our “One to Watch” for MyECheck, Inc. (MYEC.OB) today. The stock is currently up 17.68% with extremely high volume. So far today 475,000 shares have traded compared to an average of 17,100.

MyECheck offers online merchants, call centers, billers, retail POS and RDC/back office applications an array of comprehensive Check 21 imaging, processing and related solutions. The company was created to meet the demand for an alternative payment solution to credit cards when buying products and services online.

The company has made great strides since its inception four years ago. MyEcheck has stayed committed to enhancing its offerings as well as launching brand new services, making it a leader in Check 21 solutions today. The company is known for offering the most comprehensive suite of electronic check processing services in the industry.

MyECheck differs from ACH by increasing capability with consumer accounts, expediting the clearing process, and providing exceptional charge-back protection. The regulations imposed by Check 21 law and Uniform Commercial Code (UCC state law) are more favorable to the recipient than those governing ACH transactions, allowing simplification, easier compliance and reduced costs.

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