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PAETEC Teams With Speakerbus for Financial Trading IP Desktop Solutions

Posted on: Wednesday, 22 June 2005, 15:00 CDT

PAETEC Communications, Inc., today announced that it is teaming with Speakerbus, a leading provider of communications solutions to the financial industry, to provide a converged Internet Protocol (IP) desktop solution via Speakerbus' Intercom, Hoot & Holler, and Ring Down capable i-Series desktop technologies. The Speakerbus - PAETEC alliance will offer a wide range of on-premises, network-based, and hybrid solutions, and will allow for the migration to new technologies while continuing to integrate with existing equipment based on TDM technology.

"Leading edge products such as the Speakerbus i-Series allow us to leverage financial industry voice applications over our IP-based MPLS network," said Brad Bono, Chief Operating Officer at PAETEC. "This offers our mutual customers value through reduced costs, network diversity and security, and business continuity."

"The new i-Series IP technology will revolutionize the tools with which traders conduct their deals," stated Andy Wodhams, Group Managing Director of Speakerbus. "We now offer a drastically reduced equipment footprint and all of the associated savings, mobility, and a rapid return on investment that will delight both business managers and users."

The product suite will be demonstrated in both the Speakerbus booth (Number 1616) and the PAETEC booth (Number 1416) at the Securities Industry Association (SIA) Technology Management Conference, June 21 - 23 at the New York Hilton Hotel in New York City.

About PAETEC

PAETEC Corp., through its operating subsidiary, PAETEC Communications, Inc., is a provider of integrated communications services, including local and long distance voice services, data and Internet services, software applications, network integration services, and managed services. PAETEC currently provides these services to medium-sized and large businesses, colleges and universities, hospitals, hotels, governmental organizations, financial markets, and affinity groups within its 28-market service area. The company is headquartered in Fairport, N.Y.

About Speakerbus

Speakerbus provides the world's leading financial institutions with high quality, instant voice and video communications technology. Our flexible approach has made us an essential component in the global-banking sector where our ongoing customer relationships are paramount. Continuous investment in product development has enabled Speakerbus to support integrated solutions in companies that demand the most productive forms of human communication to maintain their competitive edge.

Our products and services deliver broadcast quality voice and video, with instant connectivity utilizing leading technologies and comprehensive management capabilities. In short we develop technology that helps humans communicate in the most simple and efficient way. For more information please visit www.speakerbus.com.

Source: Business Wire

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