Infonet Deploys IP Platform for Bank Owned by the State of Luxembourg to Access SWIFTNet.

Business Editors/High-Tech Writers

LUXEMBOURG & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Jan. 13, 2004

BCEE, A Leading International Bank, Selects Infonet to Provide

Secure Access to SWIFTNet Messaging Platform

Infonet Services Corporation (NYSE:IN), a leading provider of global communications services for multinationals, today announced that in cooperation with its local partner P&T Luxembourg, it has completed an IP implementation for one of the leading banks in Luxembourg, Banque et Caisse d'Epargne de l'Etat (BCEE), to provide it with access to the SWIFT backbone network underpinning SWIFTNet. SWIFT is the industry-owned cooperative that supplies secure messaging services to approximately 7,000 financial institutions in nearly 200 countries.

BCEE is a universal bank owned by the State of Luxembourg that is recognised throughout the world for its reliability and successful financial performance. As a global financial institution, BCEE needs to manage many of its critical financial transactions through SWIFT. With high requirements for service and security, BCEE turned to Infonet to provide it with a reliable, next-generation access method to SWIFT.

According to the agreement, Infonet is providing BCEE with access to SWIFTNet, an advanced IP-based messaging platform that enables secure and reliable communication of mission-critical financial information and transactional data. The Infonet access solution for BCEE combines the security of a private network with the flexibility of the Internet, allowing high-risk operations, such as inter-bank trading activities to be executed over the Infonet-managed MPLS IP network.

"Like all global banks, we strive for optimum network security and end-user support," said Tom Goerens, SWIFTNet migration project manager at BCEE. "We are pleased to work with Infonet to ensure BCEE maintains its leadership in international banking while participating in key industry initiatives, such as SWIFT."

"Access to and effective use of SWIFT and SWIFTNet was of the utmost importance for BCEE. By nature its use could be considered the very definition of a mission-critical application," said David Neal, vice president at Infonet Services Corporation. "We are proud that BCEE recognised our expertise in providing and managing IP access to SWIFTNet and we look forward to continued success with SWIFT implementations in the future."

About BCEE

Throughout its close to 150 years of history, the main concern of the Banque et Caisse d'Epargne de l'Etat has always been to respond to the demands of its customers and of the Luxembourg national economy. Today, it is not only the Luxembourg bank par excellence but also a universal bank recognised throughout the world for its results and its reliability. This excellent bill of financial health has resulted in the international rating agencies Standard & Poor's and Moody's awarding it the ratings AA+/A-1+ and Aa1/P-1 respectively, the best ratings in the financial centre of Luxembourg. For more information, please visit the BCEE website: www.bcee.lu.

About SWIFT

SWIFT is the industry-owned cooperative supplying secure messaging services and interface software to 7,000 financial institutions in 198 countries. SWIFT provides messaging services to banks, broker/dealers and investment managers, as well as to market infrastructures in payments, treasury, securities and trade. These services help customers reduce costs, improve automation and manage risk. For more information about SWIFT please refer to their website: www.swift.com.

About Infonet

Infonet Services Corporation, known for its quality of service, is a leading provider of managed network communications services for nearly 3,000 multinational entities.

Employing a unique consultative approach, Infonet offers integrated solutions optimising the complex relationship between enterprise applications and the global network. Extensive project management capabilities are the foundation for the services and solution offerings (broadband, Internet, intranet, multimedia, videoconferencing, wireless/remote access, local provisioning, application and consulting services) positioning Infonet as a single-source partner for multinational entities. In particular, Infonet IP VPN solutions offer multinationals a unique combination of Private and Public IP services as well as a full set of Managed Security and Mobility Services.

Rated "Best in Class" overall in Telemark's survey of Global Managed Data Network Services, Infonet has also won "Best Customer Care" and "Best Carrier" at the World Communication Awards. Founded in 1970, Infonet owns and operates The World Network(R), accessible from more than 180 countries, and provides local service support in over 70 countries and territories.

Infonet's stock is traded on the New York Stock Exchange under the symbol IN. Additional information about the company is available at www.infonet.com.

Safe Harbor Statement: Infonet may have made forward-looking statements in this release. These statements, if any, are based on information available to the company as of the date of this release and Infonet undertakes no duty to update the information to take account of later events. The accuracy of our forward-looking statements will also be affected by the strength of the market for Infonet products and services, competition, the timely transitioning of new business opportunities to Infonet's network and the effect of currency fluctuation. Investors should bear these risk factors in mind as well as those elaborated on in Infonet's 10K, 10-Qs and other recent filings made with the U.S. Securities and Exchange Commission. These documents are available through the investor relations portion of Infonet's web site at www.infonet.com.