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Why do you want and Exchange server for only email?
What about Office365 - your domains hosted email.
Or, my choice, as suggested, google apps.
If you only want email, I believe these are the best solutions, without knowing if you have any other special requirements.
nd I say you should give me £1000 immediately!!!!
You should ask them for what reasons they think you should have it? Could it be that they will provide it for you????
BTW, do you have any issues issues with your current email system (and how much does it cost you?)?
'emails are required to go via this method' - required by who?
As for mailshots, I would recommend keeping them away from your main email system, as, if your mailshots get seen as spam, the IP address may be blacklisted, which will affect your standard mail.
You didn't say if they offered to supply the service for you.
They have said because emails are required to go via this method, also we send mailshots out from the database