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Technology Stocks : Internap Network Services Corporation -- Ignore unavailable to you. Want to Upgrade?

To: dawgfan2000 who wrote (741)	4/13/2004 10:22:43 AM
From: Jibacoa	Read Replies (1) \| Respond to of 1011

Well, not bad trading above $2, but the stock still needs to close above 2.40 Maybe we will get some more news soon.<g> Press Release Source: Internap Network Services Corporation Internap Japan Partners With KVH Telecom To Offer IP Service Tuesday April 13, 7:16 am ET Internap's High-Quality Managed Services Available to Multinational Corporations Over KVH's Fiber Optic Network ATLANTA & TOKYO--(BUSINESS WIRE)--April 13, 2004--Internap Network Services Corporation (AMEX: IIP - News), the leading provider of performance-based routing technology over the Internet, announced today that its joint venture with NTT, Internap Japan, will partner with KVH Telecom, a wholly-owned subsidiary of the Fidelity Group, to provide high-performance IP services to multinational corporate customers based in Japan. The two companies will offer a competitively priced package that combines Internet connectivity services, featuring patented intelligent routing technology developed by Internap, and fiber optical facilities-based telecom access services offered by KVH. The packaged service offers high-quality, highly reliable Internet access solutions for corporate customers. The service combines Internap's high-performance IP services at its Tokyo Private Network Access Point (P-NAP), which connects multiple Tier-1 Internet Service Providers (ISPs), and KVH's leased line service (SONET-based redundant fiber optical networks) or wide-area Ethernet service (Ether-MAN service). The two companies also plan to partner in offering data center solutions, including colocation services. The services will be jointly sold by both companies, targeting multinational corporations that demand high-performance IP solutions for applications such as e-commerce, virtual private networks (VPNs), voice over IP (VoIP) and video-conferencing. "The combination of Internap's patented technology and industry leading Service Level Agreements and KVH's SONET-based optical networks provides a unique and compelling solution to enterprise customers that demand high-performance IP solutions for their mission-critical applications," said Mitsuo Yoshida, CEO of Internap Japan. "We are excited about the opportunity to expand our product offering and distribution capabilities through the new relationship with KVH." internap.com