Internap Launches IP-based Videoconferencing Service; Teams With Cisco Systems And Polycom.
PR Newswire, July 31, 2001 pNA
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SEATTLE, July 31 /PRNewswire/ --
Internap Network Services (Nasdaq: INAP), the leading provider of intelligent routing services over the Internet, launched its IP-based videoconferencing service today and is teaming with Cisco Systems, the worldwide leader in networking for the Internet, for customer routers and network infrastructure; and Polycom(R), Inc. (Nasdaq: PLCM), a worldwide leader in broadband communications solutions, to provide its industry-leading ViewStation(TM) videoconferencing systems.
The TV-quality IP videoconferencing service is available to businesses at a substantial cost savings over traditional ISDN videoconferencing fees, while providing exceptional quality and ease-of-use. The service supports speeds up to 2 megabits per second (mbps), compared to ISDN, which usually runs 384 kilobits per second (kbps). Rather than "metered" per-minute usage fees associated with ISDN service, the only recurring charges associated with Internap's IP offering are the monthly connectivity costs.
Internap is reselling a customer premise equipment solution made up of Cisco and Polycom products to enable their customers to access the videoconferencing service. The solution includes the:
-- Cisco 1720 Modular Access Router, the recommended customer premise
equipment, which delivers a flexible, integrated data access solution
for small or medium-sized businesses and small branch offices, and
-- Polycom's ViewStation, the company's revolutionary line of interactive
video communications systems that provide high-quality video
communication for both point-to-point and multipoint videoconferencing.
The Internap videoconferencing service is delivered over the company's industry-leading Overlay Network, which is based on an end-to-end Cisco Powered Network infrastructure. In addition to the Cisco 1720 routers, the videoconferencing service runs over a powerfully scalable and feature-rich IP network made up of the industry-leading Cisco 12000 Series Internet Routers, Cisco 7200 and 7500 Series Routers and Cisco Catalyst(R) 6500 Series Switches. This network architecture is a key part of Internap's ability to offer the highest levels of reliability, class of service, performance and guaranteed packet delivery required on services such as the one announced today.
"Internap's Overlay Network enables the Internet to be used by businesses for the most demanding applications such as our new videoconferencing service," said Alan Norman, vice president of corporate development for Internap Network Services. "We are very excited to be working with such high caliber partners as Cisco, Polycom and to bring customers the components they need to quickly implement the service."
"We are delighted to be working with a cutting-edge solutions provider like Internap," said Sameer Padhye, vice president of marketing for Cisco's Service Provider Line of Business. "Their new videoconferencing service is a prime example of the types of robust, leading-edge IP-based applications Cisco is enabling service providers to deliver with our networking solutions. Through offerings like this, Internap can cost-effectively provide their customers with a greater level of service while achieving more value and return on investment from their Cisco Powered Network infrastructure.
"High-quality interactive video communications is an essential business tool for improving productivity, increasing teamwork, and saving significant time and money on travel costs and lost productivity due to time out of the office," said Craig Malloy, senior vice president and general manager of video communications for Polycom. "Partnering with Internap allows us to bring the benefits offered by business-quality video communications to a broader market of users."
The higher quality video transit quality is made possible by Internap's Overlay Network that monitors the traffic situation over all the major Internet backbones and routes mission-critical data in a faster, more reliable, and more managed fashion than conventional Internet technology.
About Internap
Founded in 1996 in Seattle, Internap provides Internet connectivity that is faster and more reliable than conventional Internet service. Internap's patented route management technology provides direct data transmission across the major Internet backbones through a single connection from a customer's network to one of Internap's Service Points. Internap's customers bypass congestion points on the Internet, avoiding packet loss, latency and other difficulties that can plague conventional Internet connectivity. Internap services are currently available in numerous key markets throughout the United States including Atlanta, Boston, Chicago, Los Angeles, New York, San Jose and Seattle. Major companies and networks served by Internap include The Nasdaq Stock Market, Datek Online, Colgate Palmolive, Earthlink, Travelocity and many others. Internap(R) and P-NAP(R) are registered trademarks of Internap. All other trademarks and brands are the property of their respective owners. For more information, visit www.Internap.com.
"Safe Harbor" Statement
This release may contain projections or other forward-looking statements that involve risks and uncertainties. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by Internap with the SEC, including without limitation its most recent Reports on Forms 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, among other things, Internap's history of operating losses and expected future losses, Internap's limited operating history, fluctuations in Internap's quarterly operating results, Internet infrastructure and regulatory changes, volatility of stock price, deployment of new Service Points, integration of acquired businesses and rapid technological and market change. All forward-looking statements are based on information available to Internap on the date hereof, and Internap assumes no obligation to update such statements.
About Polycom
Headquartered in Milpitas, Calif., in the heart of Silicon Valley, Polycom, Inc. develops, manufactures and markets a full range of high-quality, easy-to-use and affordable voice and video communication products and network infrastructure network management and network access solutions. Polycom's integrated communication solutions enable business users to immediately realize the benefits of video, voice and data over rapidly growing converged networks. For additional information, call 1-800-POLYCOM (765-9266) or +1-408-526-9000, or visit the Polycom web site at www.polycom.com.
NOTE: Polycom and the Polycom logo are registered trademarks and ViewStation is a trademark of Polycom in the U.S. and various countries.
CONTACT: media, Bill Hankes of Internap Network Services, +1-206-262-3737, or bhankes@internap.com; or Deborah Kazanelson of Smith Public Relations, +1-310-788-0456, or deborah@smith-pr.com, for Internap Network Services; or investors, Tim Hanson of Internap Network Services, +1-206-262-3742, or thanson@internap.com.
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