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Technology Stocks : Infonet - Leader of Managed Data Communicaton Services -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (189)9/10/2002 8:32:28 AM
From: JakeStraw  Read Replies (1) | Respond to of 241
 
Infonet Expands Managed International Data Communications Services for Schering AG
Tuesday September 10, 8:03 am ET
FRANKFURT, Germany & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Sept. 10, 2002--
Contract Renewal Extends Ten-Year Partnership
Between Companies, Results In Increased Network Expansion Plans
biz.yahoo.com
Infonet Services Corporation (NYSE:IN; FSE:IN), a leading provider of global communications for multinationals, today announced it has been awarded a two-year contract by Schering AG, marking the continuation of a ten-year partnership between this Berlin-based pharmaceuticals company and Infonet. Infonet will manage Schering's international data communications, connecting 50 Schering sites across Europe, Asia and Latin America on Infonet's The World Network®.

After competing against numerous international data communications providers to win this contract, Infonet will provide Schering AG with global communication services for a multitude of cross-site applications with a wide range of requirements -- from email to production support. As a result, the 50 locations continuously receive solid performance and excellent responsiveness for speed-critical transactions, without expensive over-capacity network set-up requirements. In addition, mobile users can also dial into the company's network using Infonet's DialXpress Internet Service.

"The ability to prioritise the applications on the network was a basic requirement for making our decision," explained Jurgen Schroder, CIO at Schering AG. "Infonet's ability to provide flexibility, absolute network stability, and international experience proved to be the decisive criteria in fostering our relationship."

"The fact that in this fiercely competitive sector a leading international company has continued to choose Infonet for a decade now underlines the quality of our networks and services," explains Micheline Wens, Managing Director of Infonet Germany. "Once again this shows that in the turbulent telecommunications market Infonet is a reliable, long-term partner for its clients."

About Schering AG

Schering is a research-based pharmaceutical company. Its activities are focused on four business areas: Fertility Control & Hormone Therapy, Diagnostics & Radiopharmaceuticals, Dermatology as well as Specialised Therapeutics for disabling diseases in the fields of the central nervous system, oncology and cardiovascular. As a global player with innovative products Schering AG aims for leading positions in specialised markets worldwide. With in-house R&D and supported by an excellent global network of external partners, Schering AG is securing a promising product pipeline. Using new ideas, Schering AG aims to make a recognised contribution to medical progress and strives to improve the quality of life.