Universal Access, Inc. Chosen to Support Network Infrastructure for Microsoft; Supports Microsoft's Web-based Properties, Including MSN and MSN Hotmail.
CHICAGO and SAN JOSE, Calif.--(BUSINESS WIRE)--July 30, 2001
Network infrastructure service provider Universal Access, Inc., subsidiary of UAXS Global Holdings (NASDAQ: UAXS), today announced that it has been chosen by Microsoft Corp. to provide optical-level network services for Microsoft Web properties, including the MSN network of Internet services and the MSN Hotmail Web-based e-mail service. This initial selection calls for Universal Access to provision and manage optical circuits at the OC-12 and OC-48 levels to transport data traffic for Microsoft nationwide.
Both companies view this agreement as the initial phase of a longer-term initiative to build the reliable transport mechanism that will connect Microsoft collaborators and customers with its Web sites and services. Microsoft chose Universal Access due to the company's ability to provide scalable, flexible and reliable network services in supporting various MSN properties, including MSN Hotmail with more than 110 million users, MSN Messenger, Passport and MSN TV service.
"MSN has experienced tremendous growth in the number of consumers taking advantage of MSN services, which ultimately drives our need for more bandwidth," said Michael Myers, director of MSN Network Operations at Microsoft. "The Universal Access solution will serve as part of the foundation for our networks as we move toward a world where software is delivered as a service over the Internet. Today, Microsoft runs some of the largest Web services, and as the industry moves toward the .NET vision of software as a service, it will be more important than ever to ensure that we are using the right tools to offer the best experience for the industry and consumers."
"Microsoft is known as an innovative software solutions company, but a large and important part of the company's winning strategy is to use this network and the Internet in supplying those solutions to customers in new and ingenious ways," stated Patrick Shutt, Chairman and CEO of Universal Access. "We are excited that Microsoft is working with Universal Access to supply the network services they need for such high-profile and important initiatives."
Universal Access has changed the way competing network providers interconnect. Because Universal Access does not own its own network, nor does it have any bias toward any network provider, Universal Access acts as a neutral third party for Microsoft and other customers. Using its unprecedented database of network information from the world's major carriers, known as the Universal Information Exchange(SM) (UIX(SM)), Universal Access knows the optimal way to get from one point to the next. This allows Universal Access to supply Microsoft with a much quicker, easier and more cost-effective alternative than individual providers taking on the endless headaches associated with interconnecting competing networks themselves.
Universal Access also has deployed strategically located carrier-neutral interconnection facilities in every major telecommunications market that increase connectivity options for Microsoft. Different from other collocation facilities, the purpose of the Universal Transport Exchange(SM) (UTX(SM)) facilities is to interconnect networks of disparate carriers. Universal Access recently launched the company's Equal Access(SM) initiative to expand the company's neutral intermediary strategy by opening access to its UTX facilities, which will enable telecom carriers to freely interconnect among the thousands of long haul, local-loop and BLEC fiber networks. In a strategic move to raise options for connectivity, Universal Access will extend its existing strategy to act as true neutral interconnection points by allowing carriers to purchase cross connects and other enhanced services within the UTX sites.
About Universal Access
Universal Access is the only company capable of interconnecting thousands of telecom networks so telecommunications, Internet and application service providers can speed up the delivery of voice and data services worldwide, helping them generate revenues faster while minimizing operational and capital expenditures. Universal Access combines its unique and powerful database that provides a birds-eye view of virtually every major supplier's network and its strategically positioned interconnection facilities to supply complete turnkey solutions known as UniversalNET(SM) solutions. UniversalNET enables service providers to quickly and more efficiently control procurement, management, billing and operations of high capacity private line circuits from multiple vendors. Universal Access is headquartered in Chicago, Illinois and has regional offices in Herndon, Virginia, Santa Clara, California, London, England, and Amsterdam, the Netherlands. Visit http://www.universalaccess.net for more information.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
This release contains forward-looking statements based on current expectations, forecasts and assumptions, including but not limited to statements regarding the intention to accelerate provisioning times, increase sales to clients including Microsoft and optimize circuit routing by using UIX databases and UTX facilities. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties including, without limitation, potential inability to maintain and expand UIX databases, difficulties or delays in provisioning circuits, the fact that clients including Microsoft may withdraw an order with minimal liability before accepting a circuit, the difficulty of attracting new clients or increasing sales to existing clients, difficulties or delays in building or operating UTX facilities and deploying optical switches, and the need to raise additional capital. For other risks and uncertainties applicable to the Company's business refer to the Company's Securities and Exchange Commission filings. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this paragraph.
Other product or service names mentioned herein are the trademarks of their respective owners.
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|Date:||Jul 30, 2001|
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