EXHIBIT 99.1


            SAVVIS SECURES $22.6 MILLION EQUITY FUNDING, BRINGING NEW
                  INVESTMENT TOTAL TO OVER $200 MILLION IN 2002

HERNDON, VA, AND ST. LOUIS, MO, -- SEPTEMBER 18, 2002 -- Global managed services
provider SAVVIS Communications Corp. (NASDAQ: SVVS) today announced that it has
closed on a $22.6 million investment from Welsh, Carson, Anderson & Stowe. This
is in addition to two earlier investments this year, where, in March, SAVVIS
received $158 million from investors that included Welsh, Carson, Anderson &
Stowe, and in June secured a $20 million investment from Constellation Ventures,
a Bear Stearns asset management fund. In total, SAVVIS has raised over $200
million in funding this year.

"As previously announced in March, the Board approved this round of funding so
that SAVVIS could continue to grow its sales and marketing, offering managed IP
and managed hosting services to our traditional markets, the financial services
industry and the mid market." said Rob McCormick, SAVVIS' chairman and chief
executive officer. "This funding will further enhance the company's ability to
move up-market to address the needs of multinational companies and will enable
us to consider strategic business investment opportunities."

SAVVIS issued to Welsh Carson $22.6 million of 11.5 percent convertible
preferred stock in exchange for cash. The preferred stock will be convertible
initially into approximately 30.1 million shares of SAVVIS common stock at a
conversion price of $0.75 per share and will have voting rights that allow the
holders to vote with the common on an as-if-converted basis. Dividends will
accrue quarterly in the form of additional convertible preferred stock. Welsh
Carson now owns approximately 56% of SAVVIS' voting stock. This investment will
complete the additional funding authorized under the March funding agreements,
under which the company could raise up to $45 million in additional preferred
stock at substantially the same terms and conversion price.

SAVVIS built its global data communications network and hosting platform to meet
the demanding standards of Wall Street. Major players in the financial services
industry, including banks, brokerage firms and electronic trading networks, have
long relied on SAVVIS' IP VPNs. Building on this expertise, the company packaged
its Intelligent IP Networking(SM) products for mid-sized enterprises, such as
law firms, ad agencies, and real estate companies, two years ago. With growth
fueled by these two markets, SAVVIS' Intelligent IP Networking(SM) products now
account for 80% of the company's revenue, making SAVVIS one of the world's
largest providers of IP VPNs.

"The SAVVIS network was built to power Wall Street, and the distinctive benefits
of our products are increasingly in demand by businesses on Main Street," said
Jack Finlayson, president and chief operating officer of SAVVIS. "By
concentrating on what we do best, providing high quality managed networking and
hosting solutions to our customers, we believe that the talent and commitment of
our employees will continue to drive revenue growth that outpaces the industry."

ABOUT SAVVIS
------------

SAVVIS Communications Corp. (NASDAQ: SVVS) is a global network service provider
that delivers IP VPNs (virtual private networks), managed hosting and Internet
services to enterprises. SAVVIS targets the financial services industry and
other industries with demanding network requirements such as legal, media,
retail, professional services, healthcare and manufacturing. Known as The
Network that Powers Wall Street(SM), SAVVIS connects to more than 4,700
financial institutions worldwide and provides a portfolio of services via
Financial Xchange(SM). Its customer base is 30% financial services, with 80% of
its revenue derived from Managed IP VPNs.

SAVVIS' IP VPNs were named Product of the Year for 2001 by the editors of
Network Magazine, surpassing well-known VPN providers such as AT&T, WorldCom,
Sprint and Genuity. The company was ranked the eighth fastest-growing technology
company in North America on the 2001 Deloitte & Touche Technology Fast 500.



For more information about SAVVIS, its Intelligent IP Network(SM), and managed
hosting, visit: http://www.savvis.net.

FORWARD-LOOKING STATEMENTS
--------------------------
This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Although SAVVIS believes the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, there can be no assurance that its expectations will be
attained. Certain factors that could cause actual results to differ materially
from SAVVIS' expectations are set forth as risk factors in SAVVIS' SEC reports
and filings, including its annual report on Form 10-K for the year ended
December 31, 2001, as filed with the Securities and Exchange Commission on March
29, 2002. Many of these factors are beyond SAVVIS' ability to control or
predict. Forward-looking statements are not guarantees of performance. For
forward-looking statements herein, SAVVIS claims the protection of the safe
harbor for forward- looking statements contained in the Private Securities
Litigation Reform Act of 1995. SAVVIS assumes no obligation to update or
supplement forward-looking statements that become untrue because of subsequent
events.

CONTACTS:
Carter B. Cromley
SAVVIS Communications
(703) 234-8033
carter.cromley@savvis.net

Terry Banks
Fleishman-Hilliard
(202) 828-9710
bankst@fleishman.com