Infonet Expands Communications Reach To Serve Romanian Market; Infonet Romania to Provide Complete Portfolio of Global Communications Services for Multinational Enterprises.Business Editors/High-Tech Writers BUCHAREST, Romania & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Nov. 12, 2002 Infonet Services Corporation (NYSE NYSE See: New York Stock Exchange :IN)(FSE FSE 1. feline spongiform encephalopathy. 2. focal symmetrical encephalomalacia. :IN), a leading provider of global communications for multinationals, today announced the latest addition to its full service family of country representatives, Infonet Romania. This operation is headquartered in Bucharest and led by country manager Leonard Lichi. Serving clients in the financial, government, defense and transportation industries, Infonet Romania partners with Datek Telecom SA, which started its operations in 1994 and has been rapidly expanding ever since. The local team of 45 experienced systems and implementation engineers, project managers and administrators provide an optimum level of customer service and operational support to ensure continuous coverage during normal business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a and well beyond for all their clients. "At Infonet Romania, we are pleased to provide our clients with access to Infonet's global support and services infrastructure. We also welcome all Infonet multinational clients establishing operations in this market," said Leonard Lichi, General Manager of Infonet Romania. Infonet Romania provides a complete portfolio of global communications services, ranging from Global Frame Relay and Remote Access Services (communications) Remote Access Services - (RAS) A service provided by Windows NT which allows most of the services which would be available on a network to be accessed over a modem link. to recently launched IP VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. Secure, Infonet's newest multi-class IP service. Additional services include consulting and network application analysis. "After our recent announcement of a new Infonet location in Slovak Republic, we are pleased to continue the expansion in Eastern Europe, a key market for multinational enterprises looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. guaranteed service levels in the region," said Jose Collazo, Chairman, President and 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. of Infonet. 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 enterprises. 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, remote and local access, provisioning, application and consulting services) positioning Infonet as the ideal single-source partner for multinationals. 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 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 New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Frankfurt Stock Exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. under the symbol IN. Additional information about the company is available at www.infonet.com. 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. 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 Investor relations The process by which the corporation communicates with its investors. portion of Infonet's web site at www.infonet.com. |
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