Financial Intranet Selects Global Center for Web Site Hosting FNTN Signs Collocation Agreement with Frontier GlobalCenter for Increased Speed and Reliability of Streaming Media Content Distribution MOUNT KISCO, N.Y.--(BUSINESS WIRE)--Dec. 2, 1999-- Financial Intranet, Inc. (OTCBB: FNTN) today announced that it will be utilizing Frontier GlobalCenter's world-class hosting and digital distribution infrastructure and services to host a new streaming media web site scheduled to launch in First Quarter 2000. The Company's corporate site, www.fntn.com will also reside at Frontier GlobalCenter's Media Distribution Center in Manhattan.
By selecting Frontier GlobalCenter, FNTN has the advantage of being part of a scalable, highly available, complex hosting infrastructure that runs on its own OC-48 network. No competitor can match that kind of Internet connectivity.
"We needed a hosting infrastructure that will handle distribution of streaming media without slow down or incident. We selected Frontier GlobalCenter because of its professional services as well as proven ability to help services such as ours scale to handle demand", said, Maura Marx, FNTN's Executive Vice President. "Additionally, as a wholesale distributor of Global Crossing's communications services, we'll be streaming media through the same superior underlying network that we now provide to our customers."
The Frontier GlobalCenter complex hosting infrastructure is comprised of three centers of excellence:
-- The Frontier Optronics NetworkSM - a 20,000 route mile, fiber optic, redundant ring architecture designed to deliver unrivaled speed, scalability and reliability. The Frontier Optronics Network currently connects over 120 major U.S. metropolitan areas and includes a Cisco powered IP network operating at OC-48 (2.5 Gbps).
-- Frontier GlobalCenter's Media Distribution Centers - geographically distributed, 24x7x365, on-net data centers designed to high-security, disaster-resistant specifications to ensure guaranteed uptime.
-- Frontier Application Networking Services - highly available, reliable and flexible utility applications and services that enable anytime, anywhere computing.
Frontier GlobalCenter's MDCs host more than 300 top Internet brands - some of the best known names in the business, including Yahoo!, ZDNet, Red Hat and eToys. Frontier GlobalCenter facilitates 60 percent of all Internet searches and delivers more than 8.8 billion page views per month, nearly 2 million hits per minute.
About Financial Intranet
Based in Mount Kisco, New York, Financial Intranet, Inc. has established a proprietary, secured, on-demand data and video information network that links the brokerage and mutual fund industries together and connects both to the individual investor at the Company's web site www.fntn.com. The Company also derives revenue from similar communications networks linking individual businesses with their remote affiliates, in addition to the resale of communications services to the financial and business communities. For more information visit Financial Intranet at www.fntn.com
About Frontier GlobalCenter
Frontier GlobalCenter, a unit of Frontier Corporation (NYSE: FRO), is a leading international Internet Protocol (IP) applications and communications services provider. Frontier recently agreed to merge with Global Crossing Ltd. (NASDAQ: GBLX). The combined company will own and operate the first seamless global IP network with 88,100 ultra-high bandwidth fiber miles connecting 170 major cities in 24 countries. For more information, visit the Frontier Web site at www.frontiercorp.com or Frontier GlobalCenter at www.globalcenter.net.
Safe Harbor Statement
Certain statements made in this release may contain language describing the plans, goals, strategies, intentions, forecasts and expectations of Financial Intranet that may be referred to as "forward-looking statements." Prospective investors are cautioned that any such such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. |