PSIX - CSCO <news>
News Alert from BusinessWire
Headline: PSINet and Cisco Team for PSINet InterSky Business-Grade Wireless
Internet Service
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LAS VEGAS--(BUSINESS WIRE)--May 10, 1999--
PSINet InterSky Service Qualifies for Cisco Powered Network(TM)
Program
PSINet Inc. (NASDAQ:PSIX), the first and largest independent
commercial Internet Service Provider (ISP), and Cisco Systems, Inc.
(NASDAQ:CSCO) today announced that PSINet(R) InterSky - a
business-grade and affordable wireless Internet access service has
been certified as a Cisco Powered Network. This certification confirms
the fact that PSINet InterSky is a reliable, secure and
high-performance Internet access service for small or medium
businesses. PSINet InterSky utilizes Cisco's industry-leading products
as key components of the solution. PSINet and Cisco will also jointly
market the new PSINet InterSky service under the Cisco Powered Network
program.
PSINet InterSky offers an affordable, high-speed solution
delivering wireless Internet services to thousands of small to medium
businesses in a designated service area. The service has already been
successfully launched in several cities including Ft. Myers and
Naples, FL; Knoxville, Nashville and Memphis, TN; and Mobile, AL.
PSINet InterSky is expected to be operational in 50 markets by the end
of the year 2000.
"PSINet's commercial customers demand the highest quality and
reliability from their Internet services," said Richard Frizalone,
vice president of wireless Internet services for PSINet Inc. "Cisco's
existing presence in the top markets worldwide complements the recent
expansion of PSINet's core network. The integrated solution of PSINet
InterSky provides innovative and unique business-grade service that
directly competes with overpriced options currently available in
second-tier markets."
In the past, the second-tier markets have been overlooked by
existing telecommunications carriers because of the costs associated
with delivering land-based local loop Internet services over legacy
public switched telephone networks (PSTNs).
"PSINet has developed a truly global presence while maintaining a
focus on key services and applications that directly meet the needs of
businesses - no matter how large or small," stated Larry Lang, Cisco
vice president of service provider marketing. "The PSINet InterSky
customers will have access to a high level of network interoperability
and performance, as well as New World advanced application services.
Also as a certified Cisco Powered Network service, PSINet InterSky
customer can be confident of receiving an industry-leading network
service which is built on Cisco's high-performance, reliable and
secure components."
Priced currently at $395 per month, PSINet InterSky is an ideal
Internet service for most small and medium businesses within
designated service areas. Customers in these markets typically have
individual on-line service accounts -- operating at speeds of 56 Kbps
or less -- that do not provide dedicated "always available" bandwidth.
These dial-up services often lack the ability to link to a local-area
network (LAN).
PSINet InterSky is not just a modem, but a wireless connection
using Airdata WIMAN, Inc. technology for an entire office LAN.
Connections are delivered using a cellular-type infrastructure similar
to a wireless voice network. PSINet InterSky services are then linked
directly into PSINet's global Internet backbone using Cisco router
technologies. This integrated solution provides customers full network
engineering and monitoring services, value-added applications, and
service level agreements (SLAs) similar to those offered to other
PSINet connectivity customers. By eliminating local telco charges and
reducing the turn-up time for Internet connectivity, PSINet InterSky
provides an attractive alternative to meet the needs of most small to
medium-size businesses for cost-effective high speed Internet service.
PSINet's participation in the Cisco Powered Network program
demonstrates the company's emphasis to provide industry-leading
technology solutions and services. Cisco equipment and software are
helping PSINet create a New World communications infrastructure for
next-generation business productivity.
About PSINet
Headquartered in Herndon, VA, PSINet is a global facilities-based
Internet data communications carrier focused on the business
marketplace. PSINet offers a broad set of high-speed corporate LAN
connectivity services supporting managed security and guaranteed
Internet, intranet, electronic commerce, Web hosting services, and
services for other carriers and ISPs. PSINet operates an international
technologically advanced frame relay and ATM-based, IP-optimized
network consisting of more than 525 points of presence (POPs) around
the world serving primary markets in Belgium, Brazil, Canada,
France, Germany, Hong Kong, Italy, Japan, the Netherlands, the
Republic of Korea, Switzerland, the United States, and the United
Kingdom. PSINet information can be obtained by e-mail at info@psi.com,
by accessing the Web site at psinet.com or by calling toll
free 1-800-799-0675.
About Cisco Systems
Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in
networking for the Internet. Cisco news and information are available
at cisco.com.
PSINet and the PSINet logo are registered trademarks and PSINet
InterSky is a service mark of PSINet Inc. in the U.S. and other
countries.
Cisco, Cisco Systems and the Cisco Systems logo are registered
trademarks of Cisco Systems, Inc. in the US and certain other
countries. All other trademarks mentioned in this document are the
property of their respective owners.
CONTACT: PSINet Inc.
Michael P. Binko, 703/904-4285 (Media)
binkom@psi.com
Kelli Harrington Nemer, 703/375-1245 (Market Analyst)
harringtonk@psi.com
or
Cisco Systems, Inc.
Randi Feigin, 408/527-1099 (Investor Relations)
rfeigin@cisco.com
QB Communications Agency For Cisco Systems, Inc.
Karen Rohack Dorren, 408/719-1716 (Media)
krdorren@earthlink.net
KEYWORD: NEVADA FLORIDA TENNESSEE ALABAMA INTERNATIONAL EUROPE
ASIA PACIFIC CANADA LATIN AMERICA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT
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