GTS Announces Agreement With Intranets.com; First Major 'ASP Enabler' Customer For GTS.Business Editors/Hi-Tech Writers LONDON--(BUSINESS WIRE)--Nov. 3, 2000 Global TeleSystems, Inc. (GTS GTS abbr. gas turbine ship ) (NYSE NYSE See: New York Stock Exchange :GTS; Easdaq: GTSG; Frankfurt: GTS), the leading broadband services See broadband and broadband service provider. company, today announced an agreement with Intranets.com, the world's largest and fastest growing provider of web-based intranets. Under this agreement, Intranets.com will have its web-based suite of group communication and collaborative working applications hosted at GTS hosting facilities, initially in London, and utilise GTS Ebone for pan-European IP connectivity. The agreement demonstrates GTS's commitment to becoming Europe's leading ASP enabler. GTS offers ASPs secure environments for hosting or managed co-location services, high performance IP connectivity with carrier-class reliability and a flexible range of managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality . ASPs like Intranets.com gain a single point of access to approximately 25 per cent of European Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f who are currently connected to GTS Ebone. "Key to our offer to ASPs like Intranets.com is our ability to provide a complete and scaleable pan-European solution," said Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. McCloskey, GTS Senior Vice President, Marketing. "Our Hosting facilities will enable Intranets.com and similar ASPs to roll-out the service quickly to any European market - including local language and customer service support - over a single European IP network, hosting and service platform." Since launching in August 1999, Intranets.com has successfully provided more than 300,000 small businesses and groups with free intranets. The partnership with GTS will enable Intranets.com to enter Europe, where it plans to develop rapidly in each country. Steve Crummy crum·my also crumb·y adj. crum·mi·er also crumb·i·er, crum·mi·est also crumb·i·est Slang 1. Miserable or wretched: a crummy situation in the family. 2. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Founder of Intranets.com states, "At Intranets.com we are committed to providing our customers with high quality, private, secure intranet sites world-wide. The agreement gives us a scaleable European platform to build on and provides our customers with a recognised high standard of IP connectivity through the GTS Ebone. Partnering with companies such as GTS also further establishes Intranets.coms' plan to grow its customer-base through our partners." About GTS (www.gts.com) Global TeleSystems, Inc., is the leading provider of e*Business and borderless broadband services across Europe, serving businesses and carriers with a range of broadband, hosting, Internet/IP and voice services. As an industry leader in Europe, the company has the largest cross-border fibre optic network; the largest Tier-1 IP backbone (GTS Ebone); the most widely deployed pan-European e*Business sales and service staff; and the largest pan-European customer base. GTS's first and most extensive trans-European broadband fibre network includes on-net points of presence in 38 European cities (50 cities planned) and stretches across 17,500 route kilometres (25,000 route kilometres planned) with seven city enterprise networks (CENs) (14 CENs planned), providing intra-city bandwidth. The company has its European operating headquarters in London; other corporate offices in Washington, D.C., Brussels and Cork, Ireland Cork, Ireland is a term which may refer to the following places in southern Ireland, depending on context.
About Intranets.com The largest and fastest growing intranet service provider, Intranets.com offers groups and organizations a free, private workspace on the Web for group communication and collaboration. With free hosting and custom URLs for all organizations, Intranets.com provides users with everything they need at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. -- from must-have collaboration applications to industry news, to vendor services. Intranets.com helps thousands of organizations worldwide improve collaboration and increase efficiencies. Privately-held Intranets.com is one of the most recent businesses to spawn To launch another program from the current program. The child program is spawned from the parent program. (operating system) spawn - To create a child process in a multitasking operating system. E.g. from idealab!, the nation's leading Internet incubator. Intranets.com is based in Woburn, Massachusetts Woburn (/'wu.bə(r)n/) is a city in Middlesex County, Massachusetts, USA. The population was 37,258 at the 2000 census. Woburn is the birthplace of Anglo-American scientist Benjamin Thompson, a.k.a. with European headquarters in the Netherlands. For more information, visit www.intranets.com, e-mail webmaster@intranets.com , or call 888-932-2600 or 781-932-0960. This press release may include 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. that involve risk and uncertainty. Although the company believes its expectations reflected in such forward-looking statements are based on reasonable assumptions, no assurance can be given that such projections will be fulfilled. Any such forward-looking statement must be considered along with knowledge that actual events or results may vary materially from such predictions due to, among other things, political, economic or legal changes in the markets in which GTS does business; competitive developments; or risks inherent in the company's business plan. Readers are referred to the documents filed by GTS with the U.S. Securities and Exchange Commission, specifically the most recent reports filed under the Securities Exchange Act of 1934 and registration statements filed pursuant to the Securities Act of 1933, which identify important risk factors. |
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