DSL.net Named Preferred DSL Provider by MFS Investment Management.Business Editors NEW HAVEN New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn.--(BUSINESS WIRE)--Aug. 7, 2001 Company to Offer High-speed Internet See broadband. Access to Corporate Offices and Remote-based Representatives Nationwide DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary .net, Inc. (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 NM: DSLN), a leading, nationwide, direct provider of high-speed Internet access solutions for small- and medium-sized businesses, has been named as the preferred provider of DSL services by MFS Investment Management MFS Investment Management, formerly Massachusetts Financial Services, is a Boston, Massachusetts-based financial services firm. In its publicity, MFS claims to have invented the mutual fund. The current chair of the company is Robert Pozen. , a leading provider of financial products and services, including mutual funds, fixed/variable annuities, separately managed accounts, institutional money management, international products, and retirement plans. By being named a preferred provider, DSL.net will be able offer services to MFS' remote-based representatives, nationwide, as well as MFS' office locations. "MFS Investment Management is a globally recognized name with a rich tradition within the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry," said Keith Markley, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of DSL.net. "Their broad, committed base of investment professionals provides us with a superior distribution channel and a unique opportunity to supply the high-throughput, direct-connect architecture that will enhance their ability to access and communicate critical investment information to provide even greater value and service to their customers." Based in Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation). Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New , and ranked among Fortune magazine's "100 Best Companies to Work For" (January 22, 2001) for the second consecutive year, MFS Investment Management invented the mutual fund in 1924 with the creation of the Massachusetts Investors Trust. Today, it is a global leader in the fiercely competitive financial services industry. In addition to provisioning service to MFS' remote-based representatives, DSL.net will also provide DSL service to MFS' corporate facilities in Boston and other locations. "As part of our continuing commitment to provide our representatives with the utmost in service, convenience and network performance, we are delighted to have DSL.net as our preferred DSL service provider. Their always-on, high-speed Internet access connections match our strategic goal of providing our representatives with the fastest, easiest method of Internet-based investment processing," said Roger Pruitt, assistant vice president, network for MFS MFS Medicare fee schedule . "We believe our relationship with DSL.net will provide the catalyst for our representatives to fully exploit our world-class, E-business investment environment." Carolyn Anderson, senior network analyst for MFS added, "Product performance is an integral part of our investment firm. We believe our competitive advantage is the direct result of our unwavering commitment to offer not only the finest products but also the best-in-class service and technologies that enable our representatives and their clients to succeed in today's turbulent markets. Our association with DSL.net represents another example of our philosophy of only partnering with those organizations that provide our representatives and our customers with lasting value, performance and stability." About DSL.net Based in New Haven, Conn., DSL.net, Inc. is a high-speed data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. and Internet access provider See ISP. (networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers. that uses digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and technology to provide high-speed Internet access solutions to small- and medium-sized businesses throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . DSL.net allows smaller businesses to migrate their operations online and more effectively compete in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . For more information on DSL.net, visit www.dsl.net, e-mail info@dsl.net, or call 1-877-DSL-NET1 (1-877-375-6381). About MFS Investment Management Since 1924 mutual funds have made the financial marketplace accessible and affordable to millions of investors. MFS is proud to have been at the heart of the industry's founding and to have shared in its dramatic growth. Today, we continue our tradition of innovation in all areas of the financial services marketplace including mutual funds, fixed/variable annuities, separately managed accounts, institutional money management, international products, and retirement plans. MFS is committed to preserving that tradition of innovation and serving the investing public. We've been doing it longer than anyone else has, and we strongly believe we do it better than anyone else does. Headquartered in Boston, MFS also has a large office in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. , as well as satellite offices around the world. More information on MFS is available on the World Wide Web at http://www.mfs.com. MFS Investment Management, MFS and the MFS logo are registered trademarks of MFS Investment Management. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to a variety of risks and uncertainties, many of which are beyond DSL.net's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things, (i) DSL.net's unproven business model, which may not be successful; (ii) DSL.net's ability to execute its business plan in a timely manner; (iii) DSL.net's need for additional funds during 2001, which may not be available on acceptable terms or at all, which could adversely impact DSL.net's ability to implement its business plan; (iv) competition; (v) DSL.net's extremely limited operating history, which makes it difficult to evaluate its business and prospects; (vi) the difficulty of predicting the new and rapidly evolving high-speed data communications industry; (vii) regulatory, legislative, and judicial developments, which could adversely affect the way DSL.net operates its business; and (viii) DSL.net's ability to recruit and retain qualified personnel, establish the necessary infrastructure to support its business, and manage the growth of its operations. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. DSL.net undertakes no obligation, and disclaims any obligation, to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional information regarding these and other risks faced by DSL.net, see the disclosure contained under "Risk Factors" in DSL.net's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2000, which has been filed with the Securities and Exchange Commission. DSL.net is a trademark of DSL.net, Inc. Other trademarks contained herein are the property of their respective owners. DSL.net's authority to provide certain regulated services is held by its subsidiary companies |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion