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Technology Stocks : Genuity, Inc. (GENU) -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (132)3/23/2001 10:33:01 PM
From: Ms. Baby Boomer  Respond to of 456
 
Genuity: Genuity focuses on international enterprise market
BLACK ROCKET set to launch in Europe with expanded eBusiness solutions at CeBIT

CeBIT, Germany, Mar 23, 2001 (M2 PRESSWIRE via COMTEX) -- Genuity Inc. (NASDAQ: GENU chart, msgs), the leading provider of eBusiness Network Platforms and Internet infrastructure services, today announced a formidable expansion of enterprise services in Europe with next-generation eBusiness solutions, including integrated managed hosting, managed Virtual Private Network and security services, high-speed Internet access and transport.

Genuity`s BLACK ROCKET eBusiness Network Platform for enterprise is part of Genuity`s $7 to $9 billion four-year global network expansion. BLACK ROCKET combines Genuity`s world-class Tier 1 Internet backbone network, and fully managed Web hosting and security services into a complete infrastructure on which to build eBusiness solutions.

Genuity will open four state-of-the-art Internet data centres in Europe, beginning with Amsterdam in June, followed by London and Frankfurt later this year and Paris early next year. A new multi-lingual customer support centre will be based in Amsterdam. The new data centres will support the international BLACK ROCKET offering as well as an expanding family of international Virtual Private Network (VPN) solutions, the Enterprise Advantage portfolio of hosting services and Internet Advantage International access services.


"We are expanding our global business in response to international customer demand for reliable, powerful, scalable and affordable eBusiness solutions," said Genuity International President Gabe Yackanich today at the opening of CeBIT, the largest technology conference in Europe.

Designed for medium to large international businesses, institutions, and organisations, Genuity`s eBusiness solutions are developed with ePartners, including industry-leading technology companies and systems integrators. To meet the burgeoning market demand for a range of integrated, reliable, scalable solutions, Genuity works closely with ePartners to provide customers with services built on an unsurpassed blend of technology, worldwide network infrastructure and security expertise.

International BLACK ROCKET coming

The new Amsterdam data centre will serve as the launching pad for Genuity`s BLACK ROCKET in Europe. BLACK ROCKET is the industry`s first fully-integrated eBusiness Network Platform, incorporating all of the components necessary for a complex and sophisticated eBusiness. Because they are pre-provisioned by Genuity, BLACK ROCKET platforms can be delivered significantly faster than is typical of custom-built solutions. And because BLACK ROCKET platforms are scalable, they eliminate the high costs associated with substantial infrastructure upgrades.

International Managed Hosting

In addition to its BLACK ROCKET platforms, Genuity`s fully managed hosting services include its Enterprise Advantage portfolio. These services are designed for multinational enterprises seeking globally consistent managed hosting solutions in geographically dispersed markets, and for regional and local European enterprises seeking managed hosting services for complex and mission-critical eBusiness solutions. Genuity`s Enterprise Advantage hosting portfolio offers a wide range of hosting services from simple Web sites to very large and complex sites.

International VPN and Security Services

Genuity now offers European enterprises an expanded family of high-performance managed Virtual Private Networks (VPNs) and security services for international markets, building on the successful solutions already available in the U.S. The VPN family allows enterprises to tailor a security solution to best meet their needs for economical VPN connections between corporate headquarters, branches, mobile employees, customers and partners. All VPN customers benefit from guaranteed performance backed by comprehensive service level agreements (SLAs), 24x7x365 customer support and an Internet communications infrastructure managed by a Tier 1 Internet service provider.

About Genuity

Genuity is a leading Internet infrastructure services provider and the only company in the industry to offer an eBusiness Network Platform. Genuity's BLACK ROCKET combines its Tier 1 network with its full portfolio of managed Internet services, including dedicated, remote and broadband access, hosting and Internet security, to create a platform for creating scalable and repeatable managed eBusiness solutions. With annual revenues of more than $1 billion, Genuity (NASDAQ: GENU chart, msgs) is a global company with offices and partnerships throughout the U.S., Europe, Asia and Latin America. Additional information about Genuity can be found at www.genuity.com.

CONTACT: Gerard Blay, Cornerstone Communications (UK) Tel: +44 (0)20 8660 3152 e-mail: g.blay@cornerstonec.com Han Wingate, Cornerstone Communications Tel: +41 1 240 5601 e-mail: han.wingate@cornerstoneC.com George Lieb Tel: +1 781 262 4121 Ed Harper Tel: +1 781 262 3553 Arleen Llerandi Tel: +1 781 262 3544

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at presswire.net on the world wide web. Inquiries to info@m2.com.

(C)1994-2001 M2 COMMUNICATIONS LTD



To: Ms. Baby Boomer who wrote (132)3/24/2001 8:43:24 PM
From: LTK007  Read Replies (1) | Respond to of 456
 
thanks,Maria---and regards GENU my one statement the whole backbone sector is being decimated by overcapacity.Psi-Net is now finished---there will be more--TSIX probably the next to fold.But after the huge shakeout i feel Genuity will be amongst the survivors of but a handful.PaxMax