Infonet Implements Global MPLS IP Network for Lloyd's Register.Business Editors/High-Tech Writers EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--May 18, 2004 UK Based Risk Management Organization Will Also Utilize Infonet's Mobility Services for Employees' Remote Access Infonet Services Corporation (NYSE NYSE See: New York Stock Exchange :IN), a leading provider of global communications services for multinationals, today announced the signing of a multi-year contract with Lloyd's Register a register of vessels rated according to their quality, published yearly. - Brande & C. See also: Lloyd's , an independent risk management organization. Under the terms of the agreement, Infonet is replacing Lloyd's Register's current global frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. network with an Infonet managed MPLS-enabled 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 wide area network, which will be providing secure, cost-effective global communications to more than 50 of the Company's sites throughout Europe, Asia, Australia and the Americas. In making the decision to partner with Infonet for its communications needs, Lloyd's Register highlighted Infonet's ability to deliver a scalable and secure global network that improves both the performance and accessibility of Lloyd's Register in-house systems and mission-critical e-business applications. Lloyd's Register also recognized the ability of Infonet's Mobility Services to address its requirement for anytime, anywhere secure remote network access for mobile employees. "The portfolio of services that Infonet offered was superior to other providers, and they came with the adaptability and flexibility we required," said Phil Young Phil Young (born in Canterbury, New South Wales) was an Australian rugby league player for the Canterbury Bulldogs and the Newtown Jets in the New South Wales Rugby League premiership competition. , commercial manager, Lloyd's Register. "Infonet's consultative approach helped to reassure us that there would be no concerns regarding the quality and reliability of the network, and the team delivered on its promise to roll out the solution on time. Additionally, the flexibility of our new global network will enable us to introduce new applications such as videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems and additional mobile/wireless connectivity to meet the future needs of our users." "We are naturally delighted to have secured this prestigious contract against other established names in the global communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. ," commented Robert Cavan, managing director of Infonet UK. "Infonet has proven that it understands and can meet the requirements of multinational companies such as Lloyd's Register, who depend on secure, reliable and accessible networks." About Lloyd's Register Lloyd's Register is an independent risk management organization. Members of the Lloyd's Register Group provide services to help clients achieve their business goals, while optimizing safety and quality and preserving the environment. Expertise and activities cover shipping, oil and gas, railways, and other land-based industries. The organization was founded in London in 1760 to survey merchant ships and 'classify' them according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. their condition, and classification is still the principal activity in the marine sector. The Lloyd's Register Group operates independently of any government or other body and is non-profit distributing. It has around 200 offices worldwide and 5,000 employees. 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 optimizing 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 New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. 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 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. 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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