Infonet Celebrates 10 Years of Leadership in Global IP VPN Services With 2,000th Customer biz.yahoo.com -Company Is First to Introduce on a Large Scale Cisco's Regional Autonomous System, Paving the Way for the Imminent Release of MPLS Globally EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 23, 2001-- Infonet Services Corp. (NYSE:IN - news; FSE:IN), a leading provider of global communications services for multinationals, today celebrated the 10th anniversary of the launch of its first global, fully managed IP VPN service.
With 2,000 IP VPN customers to date, Infonet's IP service continues to provide the know-how, networking assets and innovative technology that distinguishes it from all other service providers.
LEK Consulting, an Infonet IP services client, describes the benefits of the offering. As one of the world's most successful strategy consulting firms, LEK Consulting provides its clients, Fortune 500, Eurotop 300, large Asia Pacific firms and new economy leaders with strategic advice and consulting support.
Its professional staff, operating from 15 offices in Europe, North America and the Asia Pacific region, access extensive amounts of online research daily. Analysis of that research enables LEK to assist their clients in moving confidently toward major strategic decisions.
According to Mark Dunning, director of Information Technology: ``Clients come to us with a problem. We must find the variables in that problem in order to offer a comprehensive solution. To do so, our consultants and staff require a secure workplace on the Internet to conduct our day-to-day business operations.
``With Infonet's record as a leading IP VPN service provider, our company can now exchange strategic business information with our employees in a secure environment.''
Infonet's four-tier IP approach is the differentiator for MNCs running mission-critical applications. The ``four-tier'' approach combines Infonet's unique assets and capabilities such as:
One of the world's largest private IP backbones spanning 67 countries; A Tier 1 Public Internet Backbone with one of the world's most comprehensive coverages; CPE-based IPSec encryption services combined with PKI-based authentication to leverage on a secured basis the reach of the open Internet; and Client policy defined firewall security services to protect access to important information. ``Multinational corporations require 100% reliability, as well as secure and consistent millisecond response time for communication between their core sites,'' said Jose Collazo, chairman, president and CEO of Infonet. ``With 2,000 Infonet clients, Infonet's IP VPN backbone provides a solution that combines proven consistent performance, security and cost-effective delivery worldwide.''
Infonet continues to evolve its IP VPN offering to remain the industry leader. Infonet recently completed an enhancement to its IP network to handle the unprecedented growth and to also ensure the continued high level of scalability and reliability that multinationals have come to expect.
Infonet's IP network went from a single network Autonomous System to a network composed of three regional Autonomous Systems: Americas, Asia Pacific and Europe. The completion of this milestone allows for the imminent worldwide release of MPLS on Infonet's network -- details of which will be provided next month.
About Infonet
Infonet Services Corp. is an innovative leader in providing value-added global communications services to multinational entities. Powering the enterprise-wide communications initiatives of more than 2,600 multinationals, Infonet provides a comprehensive portfolio of network-based solutions including Broadband, Internet, Intranet, MultiMedia, Remote Access, Local Access and Application Services (Call Center, Collaboration, Messaging and Hosting).
Infonet is a pioneer in providing multinationals with ``The Intelligent Edge in Global Communications(TM)'' -- a unique service based on its patent-pending tools that models and optimizes the complex relationship between applications and the global network.
Winner of the World Communication Awards 2000 for ``Best Customer Care'' and ``Best Carrier,'' Infonet owns and operates The World Network®, accessible from more than 180 countries, and provides local service support in more than 60 countries and territories.
Founded in 1970, Infonet's stock is traded on the New York and Frankfurt Stock Exchanges under the symbol ``IN.'' Additional information about the company is available at www.infonet.com.
Safe Harbor Statement: Infonet may have made forward-looking statements in this release. These projections are based on information available to the company as of the date of this release, and Infonet undertakes no duty to update the information to take account of later events. Risk factors investors should take into account that might affect results include: strength of the market for Infonet products and services; competition; the timely transitioning of new business opportunities to Infonet's network; and the effect of currency fluctuation. Investors should refer to risk factors elaborated on in Infonet's 10-K, 10-Qs and other recent filings made with the U.S. Securities and Exchange Commission. These documents are available through the investor relations portion of Infonet's Web site at infonet.com.
-------------------------------------------------------------------------------- Contact:
Infonet Services Corp., El Segundo Alex Rassey, +1-310-335-1144 or Ruder Finn, New York Alicia Dollard, +1-212-593-6343 |