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Technology Stocks : Infonet - Leader of Managed Data Communicaton Services

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To: Eric S. who started this subject1/6/2004 8:34:43 AM
From: JakeStraw   of 241
 
UCB Group Extends Its Long-Term Relationship With Infonet
Tuesday January 6, 8:07 am ET
biz.yahoo.com

BRUSSELS, Belgium & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Jan. 6, 2004--

Belgium's Premier Pharmaceutical and Chemical Company
Extends Contract with Infonet; Utilizes Infonet
to Link 60 Locations Across 35 Countries


Infonet Services Corporation (NYSE:IN), a leading provider of global communication services for multinationals, today announced that it has been awarded an extension on its contract to provide network services to UCB Group, the Belgium-based pharmaceutical and chemical group. Under the terms of the agreement, Infonet will provide UCB Group with global Intranet and Extranet services for more than 60 of the company's locations in Europe, Asia and North and South America.

The UCB Group was created in 1928 under the name Union Chimique Belge. It is currently one of the largest pharmaceutical and chemical concerns in Belgium, operating globally and employing more than 10,300 workers. The business areas of the Group were historically focused on three industrial fields: Pharmaceutical, Chemical and Film. With the recent acquisition of Solutia's resins, additives & adhesives business, UCB now sits as a strong global provider of environmentally friendly resins for industrial coatings, specialty coatings and graphic arts.

With this new focus, UCB finds itself aggressively seizing new market opportunities across the globe and expanding rapidly in Europe, Asia and The Americas. With this expansion came the need for a global network service provider and partner that would be able to help shape the future of UCB's ever-growing global communication network.

After an evaluation period of global network service providers, UCB Group chose Infonet, its provider of choice for more than seven years, to extend its contract and guide the company through its period of expansion. UCB chose Infonet because of the high quality of service Infonet has been providing UCB with since 1996, its ability to provide competitive pricing without compromising quality and its easy and seamless adaptation of new network technologies. The high level of flexibility from Infonet Belgium's sales and support staff as well as the responsiveness from Infonet's local support staff around the world were also decisive criteria.

UCB's choice reflects Infonet's ability to provide successful Private Intranet, Public Internet and mobile workplace solutions to their workers around the world.

"Infonet particularly values the opportunity to provide network services to corporations on a long-term basis. It allows both parties to grow together, and in the long-run, it allows us as a network service provider to better innovate and respond for clients like UCB Group," said Michel Vervoort, general manager for Infonet Belgium. "We welcome this opportunity to continue helping UCB maintain its global network, and look forward to building upon our relationship in the years to come."
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