FOR IMMEDIATE RELEASE
RENTSYS RECOVERY SERVICES
Jan. 16, 2014
College Station, TX – Jan. 16, 2014 – Rentsys Recovery Services, a provider of comprehensive and integrated disaster recovery solutions for businesses ranging from community banks and credit unions to enterprise organizations, today announced it has acquired IT-Lifeline, a provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry.
The acquisition came about through a prior strategic partnership between the two companies in which IT-Lifeline offered Rentsys’ business continuity services. IT-Lifeline’s BlackCloud, a compliance-focused vaulting, testing and recovery solution, will be incorporated into Rentsys’ disaster recovery offerings. Rentsys also retained IT-Lifeline’s support team, who brings a wealth of knowledge regarding regulatory requirements as well as cloud technology. Rentsys acquired IT-Lifeline in December.
Last year, Rentsys also acquired Evergreen, a software solution designed to help businesses plan for, mitigate and manage disaster recovery situations that affect daily business operations. It was renamed Rentsys Continuity Manager (RCM) and added to the Rentsys offering.
"This acquisition expands our product offering and enhances our ability to meet the evolving business continuity and compliance needs of our customers," said Walt Thomasson, managing director of Rentsys Recovery Services. "IT-Lifeline’s BlackCloud along with the recent addition of RCM enhances our ability to deliver business continuity solutions that ensure our clients will have access to their critical business functions if a disaster or outage does occur."
Founded in 1995, Rentsys Recovery Services is a provider of comprehensive disaster recovery and business continuity solutions for businesses ranging from healthcare, banking and energy to large enterprise organizations. The company’s solutions enable businesses to comply more effectively with regulatory requirements, improve data security and speed up the organization’s ability to recover key IT systems and data after an unplanned outage or disaster has occurred. The company offers professional planning services and customizable and testable solutions, which include communications systems, mobile recovery centers and cloud-based data backup. For more information, please visit www.rentsys.com.
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