Volkswagen Adds Broadband and MPLS Enabled IP VPN's to 60 International Locations
FRANKFURT, Germany & EL SEGUNDO, Calif.--Dec. 20, 2001--Infonet Services Corporation (FSE:IN), a leading provider of global communications for multinationals, today announced it has been awarded a three-year multi-service renewal contract with Volkswagen AG, the premier German automobile manufacturer, to provide global management of their international data communications services linking over 60 Volkswagen AG locations worldwide. This communications initiative is the foundation for Volkswagen AG's future business plans and global strategic processes.Volkswagen AG is the parent company of the Volkswagen Group, the largest automobile manufacturer in Europe and the fourth largest in the world. The Volkswagen Group is comprised of nine independent brands, 43 production facilities worldwide, with product availability in 150 countries.
After a thorough and comprehensive review of several potential suppliers, Volkswagen AG chose to renew their existing contact with Infonet. Decisive criteria involved in the decision-making process included the company's price-performance ratio, flexibility and customer care, in addition to the detailed customised network capacity and troubleshooting reporting capabilities performed on the company's existing infrastructure to generate a significant Return on Investment (ROI).
"In particular, the ability to provide flexible, customised options to enterprise critical applications is a crucial advantage to the Infonet service offering," explained Klaus Schulz, Manager Communications Systems at Volkswagen AG. "Based upon our existing three-year relationship with Infonet, their customised network portfolio offerings have enabled our organisation to provide our clientele with interactive transactions for mission-critical applications which are of our highest priority. Simultaneously, we required a supplier who offers a worldwide homogenous network, via a single source provider, that could accommodate the demanding requirements of Volkswagen AG's global business processes," he concluded.
Under the terms of the new contractual agreement, Infonet was chosen to provide a range of services globally for Volkswagen AG, including broadband, remote access and MPLS-based IP-VPN. As further worldwide connectivity objectives are required, additional services will be added to broaden the scope of the organisation's global network initiatives.
"We are very pleased to continue our mutually beneficial relationship with Volkswagen AG," commented Micheline Wens, Managing Director of Infonet Network Services Deutschland GmbH. "By providing innovative solutions with global network coverage, individual local support and 30 years of experience, Infonet prides itself on guaranteeing high levels of service and satisfaction to its new and existing customer base, particularly as they embark on global network expansions."
About Volkswagen AG
Volkswagen AG is Europe's largest car manufacturer and the fourth largest in the world. Volkswagen AG is the parent company of the Volkswagen Group, which includes well-known automobile companies such as Audi, Rolls Royce and Lamborghini. More than 320,000 employees (of which more than 150,000 work outside of Germany) produced over five million vehicles in 2000, generating revenue in excess of 85 billion euros (approx 80 billion USD). Volkswagen's market share globally increased to 12.2 per cent, with sales in the North America Region increasing by a record 18.5 per cent. For the first three quarters of 2001, revenue yet again increased by 6.8 per cent.
About Infonet
Infonet Services Corporation is a leading provider of value-added global communications services to over 2,600 multinational Clients. Drawing upon a long heritage of reliable, quality Client service and satisfaction, Infonet provides innovative network-based solutions customised to best support the business needs of our Clients.
Employing a unique consultative approach to gain insight into the communications needs of our Clients, Infonet offers integrated solutions that leverage our expertise in optimising the complex relationship between enterprise applications and global network infrastructures. Our extensive global project management capabilities are the foundation for the range of 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) backbone, 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 and Frankfurt Stock Exchanges under the symbol IN. Additional information about the company is available at www.infonet.com.
Safe Harbor Statement: Infonet may have made forward-looking statements 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 portion of Infonet's web site at www.infonet.com.