Jarrett Technology Solutions Adds Infonet as a Strategic Partner; Company Now Able To Provide Global Reach and Flexibility.Business Editors & High-Tech Writers KAILUA, Hawaii--(BUSINESS WIRE)--Feb. 26, 2002 Jarrett Technology Solutions Inc. (JTSI JTSI Jarrett Technology Solutions, Inc. JTSI JackTek Systems Inc (oilfield technology and services) ), a provider of hardware, software, system development and connectivity solutions primarily for the Federal government, today announced it has formed a strategic partnership with 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 services for multinational corporations
JTSI, founded in 1984, was initially a subcontractor to prime contractors on Department of Defense (DoD) projects. By 1988, the company had expanded its customer base to include state and local government agencies as well as commercial companies. For customers ranging from the DoD, Federal Aviation Agency, Tennessee Valley Authority Tennessee Valley Authority (TVA), independent U.S. government corporate agency, created in 1933 by act of Congress; it is responsible for the integrated development of the Tennessee River basin. , Department of Education and Department of Energy to Lockheed Services Company and the State of Hawaii, JTSI designs, develops and installs a wide range of military and commercial applications. Within these applications are voice, data and video networks, electronic catalogs, air and ground simulations and multimedia applications. As Federal agencies have begun to address the need for protected communication within and among their organizations -- and as the impact of the terror attack terror attack n → atentado (terrorista) terror attack n → attentato terroristico on September 11th continues to drive the demand for more reliable Internet access See how to access the Internet. and secure communications -- JTSI sought to identify a partner that could provide the global reach and services it required to better support both new and existing customers. 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. Ron Jarrett, Chairman of JTSI, improving communications between agencies and the organizations that supply their services and technology was a major requirement. In evaluating competitive providers, Jarrett determined he wanted a partner with an established global presence that could manage local telecom services, provision direct Internet access, and provide global support in a number of unique locations. In selecting Infonet Jarrett stated, "Infonet's global reach is very important to us and our customers, and its network performance and speed are excellent. Uptime with Infonet is outstanding and when there is a problem the company's time to resolution is phenomenal," he remarked. Richard Couturier, Infonet's Vice President and General Manager for Government Services, concurs. "Our relationship with JTSI demonstrates Infonet's ability to provide a secure and reliable communication infrastructure for some very unique and high priority Federal agencies. We are proud to deliver our portfolio of services to JTSI customers," he concluded. About Infonet Infonet Services Corporation is a leading provider of value-added global communications services to over 2,600 multinational clients. Infonet provides innovative network-based solutions customized to best support the business needs of our clients. Employing a unique consultative approach, Infonet offers integrated solutions that leverage our expertise in optimizing the complex relationship between enterprise applications and the global network. Our extensive project management capabilities are the foundation for the services that comprise our 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. Recently rated "Best in Class" overall in Telemark's latest survey of Global Managed Data Network Services, Infonet has also won "Best Customer Care" and "Best Carrier" at the World Communication Awards. Infonet owns and operates The World Network(R), accessible from more than 180 countries, and provides local service support in nearly 70 countries and territories. Founded in 1970, 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 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. About JTSI Jarrett Technology Solutions Inc. (JTSI) is a provider of hardware, software, system development and connectivity solutions for the Federal, state and local government, its agencies and commercial companies worldwide. Established in 1984, JTSI serves a wide range of customers for whom it acquires hardware and software, provides component assembly, offers software engineering support and oversees facility and system maintenance. The company is separated into three divisions, Government, Commercial and Healthcare to accommodate and support customers that include the Department of Defense, Department of Energy, State of Hawaii, University of Hawaii, University of, at Honolulu (Manoa Campus), Hilo, and Pearl City (West Oahu Campus); land-grant and state supported; coeducational; chartered 1907, opened 1908 as the College of Agricultural and Mechanic Arts. California Irvine Medical Center, Tennessee Valley Authority, Lockheed Services Company and Ultrasystems, Inc. JTSI is headquartered in Kailua, Hawaii For the town in the North Kona District of the Island of Hawaii, see . Kailua is a census-designated place (CDP) located in the City & County of Honolulu, in the Koʻ . Additional information about the company is available at www.jtsi.com. |
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