IPC Opens Paris Office to Meet Client Demand for State-of-the-Art Solutions; Provides Alternatives in Trading Floor Technology Market.

PARIS -- IPC Information Systems, a leading provider of mission-critical trading floor communication solutions for the global financial services industry, has opened a dedicated office in France. With over 30 years of industry experience and outstanding success as a market leader throughout the Americas, the United Kingdom and Asia, IPC has recently been expanding its presence in continental Europe. IPC's Paris-based office will provide sales, implementation, integration and support services for trading floors communications solutions including dealer boards and associated equipment, and network and enhanced services. IPC already has a number of significant customers in France, including Barclays Capital, Morgan Stanley, JP Morgan Chase, and Citigroup.

The new direct sales and services office will be managed by Hubert Serfaty, who joins IPC from Etrali, where he was responsible for building and managing their London office. "Historically, there has been a limited choice of suppliers in the trading floor technology market in France. IPC's arrival will ensure there are more significant alternatives which will bring major benefits to the French financial community." said Mr. Serfaty. "IPC has three decades of experience in this sector and is focused on the needs of global financial organisations. IPC's solutions are state-of-the-art, utilizing VoIP (Voice over Internet Protocol) technology to provide benefits such as complete Business Continuity (BCP) alternatives, flexible solution deployment, complete system resiliency and outstanding operational efficiencies."

A recent survey of the French financial trading market by Kimsey Consulting(1), a market research-led advisory and consulting company for the wholesale financial and energy trading sectors, found that IPC's customers in France gave the company top performance ratings for functionality, technical innovation, systems capacity and ease-of-use. IPC earned the best overall customer ratings of all the voice communications trading systems providers in the survey.

"IPC welcomes the opportunity to work more closely with the French financial services market. Our investment in both people and technical resources in Paris reinforces our pledge to current and prospective clients," said Colin Knight, president EMEA for IPC. "Investing in a direct presence in Paris will allow IPC to better serve the unique requirements of the French financial community which will be addressed by a committed and experienced local team."

The office, based in the Opera area of Paris, further extends the company's reach in continental Europe. IPC currently has offices in Frankfurt and Milan and a European headquarters in London. Mr. Serfaty is supported in this office by a team of experienced sales and technical team who have over 50 years' combined expertise with the French financial marketplace.

(1)The 2004 France Trading Technology Survey, (September 2004)

NOTES TO EDITORS

About IPC

IPC is a leading provider of mission-critical communications solutions to global enterprises. With more than 30 years of expertise, IPC provides its systems and services to the world's largest financial services firms, as well as to public safety; government; power, energy and utility; and transportation organizations. IPC offers its customers a suite of products and enhanced services that includes advanced Voice over IP technology, and integrated network and management services to 40 countries. Based in New York, IPC has over 800 employees throughout the Americas, Europe and the Asia Pacific regions. For more information visit www.ipc.com.

Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute "forward looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward-looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are risks associated with substantial indebtedness, leverage and debt service, risks relating to the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC.

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