Internet Technology - Re Infrastructure Upgrade
1998年4月30日 - 4:31PM
RNSを含む英国規制内ニュース (英語)
RNS No 7532p
INTERNET TECHNOLOGY GROUP PLC
30th April 1998
INTERNET TECHNOLOGY GROUP PLC
Cisco Systems to power ITG through the 250,000 subscriber mark
Cost reduction and market opportunities characterise landmark
deal
Internet Technology Group plc ("ITG"), through its subsidiaries,
Global Internet and GX Networks, is the UK's third largest
Internet Service Provider ("ISP"). Cisco Systems, Inc. (NASDAQ:
CSCO) is the world-wide leader in networking for the Internet.
Capitalised at US$50 billion, Cisco Systems is the third largest
company on NASDAQ and is ranked 25th on the Forbes top 500.
ITG today announced that Global Internet has signed an agreement
to use Cisco's new technology as the basis for its technical
infrastructure. The main component of the contract is an order
for 12,000 modem ports, which could provide connections for over
250,000 subscribers.
ITG's order for the new technology represents Cisco's largest
ever single dial access platform deal in the UK and it is the
largest order in the world based on the company's new Access Path
TS3 technology. The scale of the deal will deliver significant
cost reductions to ITG over the next 24 months. The agreement
will also give ITG access to the benefits of being part of the
Cisco Powered Network programme, an initiative to promote partner
companies, such as ITG, to FT1000 companies.
Paul Mountford, UK Managing Director of Cisco Systems Limited,
said today:
"We are delighted to be working with ITG, undoubtedly one of the
most dynamic companies in its market in the UK. As the UK's
largest independent Internet Service Provider, both its Global
Internet and GX Networks subsidiaries seem poised to win a
significant market share."
ITG's Chief Executive, Laurence Blackall, commented:
"This is the second phase in our infrastructure upgrade and an
extremely important aspect of our development. Working with a
world class organisation such as Cisco has enormous benefits; the
Cisco Powered Network programme gives us an opportunity to supply
some of the biggest companies in the UK and beyond. As we move
into our next growth phase, it gives us great confidence to be
working with such partners, who combine technological leadership
with a real understanding of the dynamics of the Internet
market."
30 April 1998
Enquiries:
Internet Technology Group plc Tel: 0181 957 1180
Laurence Blackall Email: lb@itg.net.uk
Richard Brocksom Email: rb@itg.net.uk
College Hill Tel: 0171 457 2020
Nicola Weiner Email: nicola@collegehill.co.uk
Archie Berens Email: archie@collegehill.co.uk
END
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