ServoTerra's Asset Planning Application and Trading Exchange, Built on Force.com and Force.com Sites, Helps Businesses Plan for IT Asset End of Life in a Profitable and Responsible Way

SAN FRANCISCO, CA and SAN MATEO, CA -- (Marketwire) -- 06/24/09 -- Salesforce.com (NYSE: CRM), the enterprise cloud computing company, and Appirio (www.appirio.com), a cloud solution provider, today announced that ServoTerra has built and deployed an asset planning application and B2B trading exchange built entirely on the Force.com platform and the new Force.com Sites capability.

ServoTerra provides IT asset disposal solutions, including SaaS asset life cycle planning, virtual consignment, and environmental compliance tracking, enabling companies to achieve a 35% higher return on average than other models. In less than 12 weeks, Appirio and ServoTerra designed, developed and deployed a hardware asset planning application and B2B marketplace entirely in the cloud on Force.com.

"Appirio lived up to its reputation as the leader in Force.com development," said Steve Wagner, CEO of ServoTerra. "We gave Appirio a 12 week time-frame from initial meeting to first customer release. They were able to quickly understand the business model and translate it to design requirements, which allowed them to provide a flexible development plan and key resources for success. As a result, ServoTerra was able to exceed our customers' expectations in terms of time to market and functionality through our strong partnerships with Appirio and salesforce.com."

ServoTerra's asset planning application and exchange marketplace enable enterprises to effectively plan the life cycle of any hardware asset from purchase through end of life with a focus on profitability. This is unique because it enables customers to proactively plan for the disposition of their assets by selling them in advance of their availability. By using ServoTerra's trading exchange, IT asset managers can minimize asset depreciation by identifying the optimal time to sell. With any reductions in asset depreciation cost going straight to the bottom line, this is a powerful new value driver for companies.

The ServoTerra trading exchange is built entirely on the Force.com platform.