DGAP-News: Tinet Launches EtherCloud(TM)
ID: 380351
04.04.2011 14:00
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Delivering End-to-End Global Ethernet Solutions
CHICAGO and CAGLIARI, Italy, 2011-04-04 14:00 CEST (GLOBE NEWSWIRE) --
Tinet, a Neutral Tandem company (Nasdaq:TNDM), announced today the launch of
its global wholesale offering, 'EtherCloud.' EtherCloud is a Layer 2 platform
connecting diverse partner networks into a holistic Ethernet cloud that
delivers end-to-end Ethernet and VPLS connectivity around the world. EtherCloud
is the result of extensive product and systems integration of the independent
Ethernet offers from Tinet and Neutral Tandem.
'EtherCloud seamlessly interconnects diverse networks, simplifying the delivery
of Ethernet and VPLS services on a global basis,' said Surendra Saboo,
President and Chief Operating Officer of Neutral Tandem. 'Customers are looking
for a provider to assemble an end-to-end solution for their off-net Ethernet
connectivity needs,' said Roopashree Honnachari, Senior Industry Analyst,
Business Communication Services, Frost and Sullivan. EtherCloud offers
customers flexible interconnectivity options so they can choose where and how
they want to interconnect at any of Tinet's 120 global Points of Presence.
'We designed the service to deliver a compelling value proposition: to simplify
and streamline customers' off-net interconnections, to extend their network
reach and to market their local Ethernet services to customers worldwide,' said
Paolo Gambini, Chief Marketing Officer of Tinet. 'The offering is further
strengthened by end-to-end SLAs to meet the demands of enterprise customers.'
EtherCloud is well suited for a range of customers including local/regional
carriers, ISPs, value added resellers and systems integrators. Through a
single E-NNI, EtherCloud members can buy Ethernet and VPLS connectivity and
sell their own services to other EtherCloud members globally,
EtherCloud is supported by an intuitive and feature-rich customer portal built
to simplify and expedite the way members request and receive information. Using
the EtherCloud portal, customers can receive price quotes, check for available
capacity, order services, and monitor service performance on an end-to-end
basis. EtherCloud customers will be able to send a single order which includes
the commercial terms and provisioning that will apply to the entire order
including the PoP-to-PoP and tail circuit. In addition, the portal acts as a
worldwide sales channel that funnels requests to its members for local Ethernet
connectivity.
EtherCloud is an innovative network-based approach that can adapt and solve
connectivity issues while enabling end-to-end connectivity around the world in
one, easy to connect, easy to configure, and flexible solution from a proven,
global Network operator. To learn more about EtherCloud, please visit
www.ethercloud.tinet.net.
Cautions Concerning Forward Looking Statements
This press release contains forward-looking statements that involve substantial
risks and uncertainties. All statements, other than statements of historical
fact, included in this press release regarding Neutral Tandem's strategy,
future operations, future financial position, future revenues, projected costs,
prospects, plans and objectives of management are forward-looking statements.
The words 'anticipates,' 'believes,' 'expects,' 'estimates,' 'projects,'
'plans,' 'intends,' 'may,' 'will,' 'would,' and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. Actual results or
events could differ materially from the plans, intentions and expectations
disclosed in the forward?looking statements Neutral Tandem makes. Factors that
might cause such differences include, but are not limited to: risks associated
with our ability to successfully develop and market EtherCloud services,
including but not limited to identifying, obtaining, operating and maintaining
attractive network switch sites, equipment, software and business support
systems, such as our EtherCloud web portal; our inability to interconnect with
third parties or obtain necessary third party rights or permits on a timely
basis, if at all; cost estimation errors or overruns; material delays or
shortages; and other factors, many of which are beyond our control and all of
which could delay or negatively affect our ability to offer EtherCloud
services; and other important factors included in our reports filed with the
Securities and Exchange Commission, particularly in the 'Risk Factors' section
of Neutral Tandem's Annual Report on Form 10-K for the period ended December
31, 2010, as such Risk Factors may be updated from time to time in subsequent
reports. Neutral Tandem does not assume any obligation to update any
forward-looking statements, whether as a result of new information, future
events or otherwise.
About Tinet
Tinet, a Neutral Tandem company, is a global carrier focused on the IP and
Ethernet wholesale market. With network presence and customers in EMEA,
Americas and APAC, Tinet provides global IP Transit and Ethernet connectivity
to Carriers, Service and Content Providers worldwide, with industry leading
provisioning intervals. Tinet provides customers with proactive management of
SLAs and protection from DDoS attacks. Established in 2002, Tinet's unique
business model, based on focus and simplicity, assures the delivery of the
highest standard of service. Tinet has grown to become one of the top 10 global
IPv4 backbones and has a leading IPv6 worldwide network. For more information
on Tinet, please visit www.tinet.net
The Tinet logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7984
About Neutral Tandem, Inc.
Headquartered in Chicago, Neutral Tandem, Inc. provides voice, data and video
interconnection services worldwide. Neutral Tandem recently acquired Tinet, a
global carrier focused on the IP Transit and Ethernet wholesale market. The
acquisition combines Neutral Tandem's interconnection services for wireless,
wireline, cable and broadband companies with Tinet's global IP backbone.
Collectively, Neutral Tandem provides voice, IP Transit and Ethernet solutions
to carriers, service providers, and content management firms worldwide. With
over 100 Ethernet sites, the company is now the largest global Ethernet
interconnection provider, a top 10 global IPv4 backbone provider and has a
leading IPv6 network. Please visit Neutral Tandem's website at
www.neutraltandem.com and follow us on Twitter@NeutralTandem.
The Neutral Tandem, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3797
CONTACT: Media Contact:
Jaymie Scotto&Associates
Ilissa Miller
1-866-695-3629
pr@jaymiescotto.com
Twitter: @NeutralTandem
Investor Contact:
Neutral Tandem, Inc.
Jim Polson
1-866-268-4744
News Source: NASDAQ OMX
04.04.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Datum: 04.04.2011 - 14:00 Uhr
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