NEWS! Planet Hollywood Signs $1 Million Contract With XO Communications for Single Source, Multi-location Voice and Data Services Business Editors/Hi-Tech Writers RESTON, Va.--(BUSINESS WIRE)--Aug. 6, 2001-- 22 Planet Hollywood Locations Realize Increased Simplicity, Service and Savings with XO's National VPN, Dedicated Hosting And Local/Long Distance Voice Offerings XO Communications, Inc. (NASDAQ:XOXO), one of the world's fastest growing providers of broadband communications services, today announced it has signed a multi-year, multi-location voice and data service agreement estimated to be worth more than $1 Million. Planet Hollywood, the creator and worldwide developer of a consumer brand that capitalizes on the universal appeal of movies,television, sports, music and other leisure-time activities. Under the agreement, XO will provide an array of integrated communications services including hosting PlanetHollywood.com and providing dedicated Web hosting, a national Virtual Private Network (VPN) solution, local voice services for 22 locations and national long distance service to all of Planet Hollywood's 28 sites. Additionally, because XO utilizes a seamless nationwide billing platform, Planet Hollywood will have the convenience of receiving only one monthly invoice for all locations XO serves. By using XO's newly enhanced VPN service, Planet Hollywood can communicate between all of its locations using private and secure voice and data "tunnels" through the public Internet at a significant cost savings compared to traditional private line networking solutions. Planet Hollywood is collocating its VPN hardware in XO's state-of-the art data center facility in Irvine, California and will outsource VPN operations and management to XO while still capitalizing on their own existing investments in network hardware. XO is also providing Server Collocation service offering secure, controlled data center space, Internet connectivity, 24/7 network application and server monitoring and disaster recovery to ensure the integrity of Planet Hollywood's Web presence. By combining XO VPN service with XO dedicated hosting, Planet Hollywood operates a reliable infrastructure for application hosting and can power its innovative chat room events that enable Planet Hollywood customers to communicate with various celebrities. "We looked at the traditional players in the data and voice communications industry and found each falling short of our need for simplicity, high service levels and real cost savings. XO's depth of services, combined with its national infrastructure, bandwidth and security, are crucial to our business," said Tina Samson, Planet Hollywood's senior vice president of finance. "In addition to reaping the benefits of a single, reliable provider for our communications needs, Planet Hollywood expects to add nearly $500,000 in savings to the company's bottom line." "XO's presence in 62 U.S. markets including a majority of the top 50 markets, enables multi-location companies such as Planet Hollywood to spend less time managing relationships with multiple telecom vendors and focus on operating their business," said Michael Ruley, XO Communications president, market sales organization. |