ADVISORY/Genuity's Chairman and CEO to Speak at Morgan Stanley and Salomon Smith Barney Conferences.Business/Technology Editors ADVISORY...for Tuesday - Wednesday (Jan. 8-9) --(BUSINESS WIRE) Genuity (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GENU genu /ge·nu/ (je´nu) pl. ge´nua [L.] 1. the knee. 2. any kneelike structure. genu extror´sum bowleg. genu intror´sum knock-knee. ) one of the leading Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the infrastructure providers of eBusiness Network Platforms, today announced its Chairman and Chief Executive Officer, Paul R. Gudonis, will be speaking at the Morgan Stanley
-- Genuity's annual circuit cost savings in 2002 of almost $200
million, achieved through a variety of initiatives in its dial access
business including:
- Outsourcing its entire dial access infrastructure
- Focusing all new dial business exclusively on enterprise
customers
- De-emphasizing wholesale dial access except for key customers
such as AOL and Verizon Online
-- The recent B2E initiative with PricewaterhouseCoopers
-- The launch of Black Rocket Voice(TM) as part of strategy to deliver
best of breed, integrated eBusiness Network Platforms
As part of its commitment to better serve the investment community and other interested listeners, Genuity will continue to broadcast company presentations at analyst-sponsored events when presented with the opportunity. The presentation at the Salomon Smith Barney Conference will be broadcast live via the Web. DATE: Wednesday, January 9, 2002 TIME: Presentation - 9:45 am - 10:30 am EST WEBCAST: http://www.veracast.com/ssb/2002/gemt/92301433.cfm This advisory contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . For each of these statements, Genuity Inc. claims the protection of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements contained in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. If future events and actual performance differ materially from Genuity's assumptions, actual results could vary significantly from the performance projected in these forward-looking statements. For a more detailed discussion of the risks and uncertainties of Genuity's business, please refer to the company's filings with the Securities and Exchange Commission, which discusses in greater detail the important factors that could cause actual results to differ materially. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Further disclosures that the company makes on related subjects in its additional filings with the Securities and Exchange Commission should be consulted. Copyright(c)2001 Genuity Inc. All Rights Reserved. Genuity, Black Rocket and Black Rocket Voice are trademarks of Genuity Inc. All other trademarks are the property of their respective owners. |
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