Equant IP VPN interconnects 100 locations of Allianz Group
Announcement posted by Equant 09 Oct 2002
Secure private network delivers financial reporting to Munich-based insurance and financial services group from 68 countries worldwide
Equant (NYSE: ENT) (Euronext Paris: EQU), an industry leader in IP and data services to multinational businesses, has completed a major portion of its recent multimillion dollar contract to provide Allianz Group an IP Virtual Private Network interconnecting 100 corporate sites on five continents.
Allianz Group is a global leader in property and casualty insurance, life and health insurance, and asset management. Equant already has integrated 75 Allianz locations with its customized Equant IP VPN solution, which supports several corporate applications, including an intranet with a corporate directory, Lotus Notes and other groupware such as an application for stock and bond trading. In addition, Allianz is using managed firewalls, remote access with IPSec encryption as well as project and service management.
The network will carry all Allianz Group financial reporting to Munich-based Allianz Holding. Allianz Group selected Equant for its extensive geographic coverage. Equant offers network availability in more than 220 countries and territories, while Allianz has sites in 68 countries across the globe.
The new contract expands the successful relationship begun in 1999 between Equant and Allianz Group, which includes Equant LAN Access with Dial on Demand routing and Private Dial for mobile computing.
We needed a service provider who could give us a seamless, reliable, secure network around the world, said Markus Schrder, manager of Infrastructure Development and Operations of Allianz. Equant not only gives us the coverage we needed, but it also offers the best technology in the market and the service plans to back it up.
Equant is very pleased that a prestigious, blue-chip multinational like Allianz Group is placing its trust in Equant, said Michel Picaud, senior vice president of Central and Eastern Europe, Middle East and Africa, Equant. We believe an agreement of this size and scope exemplifies Allianzs confidence in Equants stability and our ongoing ability to provide reliable and secure high-speed connections to leading global companies.
Equant IP VPN offers unmatched geographic coverage with unlimited any-to-any connectivity in a private and secure network with guaranteed quality of service. Equant IP VPN is implemented with transmission speeds of up to 155 Mbps at the highest quality level. The service is protected by Service Level Agreements for transit delay, packet loss and jitter. Five classes of service, the most in the industry, are available for the transport of different types of applications, including both on-net and off-net voice and video transmission via IP.
About Equant
Equant (NYSE: ENT) (Euronext Paris: EQU) is a recognized industry leader in global data and IP network and integration services for multinational businesses. The Equant network has unmatched seamless reach, connecting key business centers in 220 countries and territories, with local support in 191 countries and territories. Building on more than 50 years of experience in data communications, Equant serves thousands of the worlds top companies with the industrys most extensive portfolio of managed network services, including the market-leading IP VPN used by more than 600 global businesses. Equant, a member of the France Telecom Group, consistently leads industry surveys in corporate user satisfaction.
About Allianz
Allianz Group is a global leader in property and casualty insurance, life and health insurance, and asset management. The Group has more than 180,000 employees in 68 countries around the world.
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This release may contain projections or other forward-looking statements related to Equant that involve risks and uncertainties. Readers are cautioned that these statements are only predictions and may differ materially from actual future results or events. Readers are referred to the documents filed by Equant with the SEC, specifically the most recent filing on Form 20-F, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, among other things, risks relating to Equants history of operating losses, the unpredictability of growth in Equants markets, Equants rapid growth, changing technology, uncertain and changing regulatory restrictions, Equants international operations, dependence on suppliers, network security issues, competition, and volatility of Equants stock price and risks relating to the combination with Global One. All forward-looking statements are based on information available to Equant on the date hereof, and Equant assumes no obligation to update such statements.
Allianz Group is a global leader in property and casualty insurance, life and health insurance, and asset management. Equant already has integrated 75 Allianz locations with its customized Equant IP VPN solution, which supports several corporate applications, including an intranet with a corporate directory, Lotus Notes and other groupware such as an application for stock and bond trading. In addition, Allianz is using managed firewalls, remote access with IPSec encryption as well as project and service management.
The network will carry all Allianz Group financial reporting to Munich-based Allianz Holding. Allianz Group selected Equant for its extensive geographic coverage. Equant offers network availability in more than 220 countries and territories, while Allianz has sites in 68 countries across the globe.
The new contract expands the successful relationship begun in 1999 between Equant and Allianz Group, which includes Equant LAN Access with Dial on Demand routing and Private Dial for mobile computing.
We needed a service provider who could give us a seamless, reliable, secure network around the world, said Markus Schrder, manager of Infrastructure Development and Operations of Allianz. Equant not only gives us the coverage we needed, but it also offers the best technology in the market and the service plans to back it up.
Equant is very pleased that a prestigious, blue-chip multinational like Allianz Group is placing its trust in Equant, said Michel Picaud, senior vice president of Central and Eastern Europe, Middle East and Africa, Equant. We believe an agreement of this size and scope exemplifies Allianzs confidence in Equants stability and our ongoing ability to provide reliable and secure high-speed connections to leading global companies.
Equant IP VPN offers unmatched geographic coverage with unlimited any-to-any connectivity in a private and secure network with guaranteed quality of service. Equant IP VPN is implemented with transmission speeds of up to 155 Mbps at the highest quality level. The service is protected by Service Level Agreements for transit delay, packet loss and jitter. Five classes of service, the most in the industry, are available for the transport of different types of applications, including both on-net and off-net voice and video transmission via IP.
About Equant
Equant (NYSE: ENT) (Euronext Paris: EQU) is a recognized industry leader in global data and IP network and integration services for multinational businesses. The Equant network has unmatched seamless reach, connecting key business centers in 220 countries and territories, with local support in 191 countries and territories. Building on more than 50 years of experience in data communications, Equant serves thousands of the worlds top companies with the industrys most extensive portfolio of managed network services, including the market-leading IP VPN used by more than 600 global businesses. Equant, a member of the France Telecom Group, consistently leads industry surveys in corporate user satisfaction.
About Allianz
Allianz Group is a global leader in property and casualty insurance, life and health insurance, and asset management. The Group has more than 180,000 employees in 68 countries around the world.
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This release may contain projections or other forward-looking statements related to Equant that involve risks and uncertainties. Readers are cautioned that these statements are only predictions and may differ materially from actual future results or events. Readers are referred to the documents filed by Equant with the SEC, specifically the most recent filing on Form 20-F, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, among other things, risks relating to Equants history of operating losses, the unpredictability of growth in Equants markets, Equants rapid growth, changing technology, uncertain and changing regulatory restrictions, Equants international operations, dependence on suppliers, network security issues, competition, and volatility of Equants stock price and risks relating to the combination with Global One. All forward-looking statements are based on information available to Equant on the date hereof, and Equant assumes no obligation to update such statements.