Trading Floor Communications Expert IPC Opens Office in Kuala Lumpur; Malaysia Office Opening Marks IPC's Sixth in Asia Pacific
Posted on: Wednesday, 7 September 2005, 09:00 CDT
IPC Information Systems, a leading provider of mission-critical trading floor communication solutions to global and local enterprises, opened its Malaysian operations in Kuala Lumpur today. The office, located at Petronas Tower 2 at the Kuala Lumpur City Centre, is IPC's sixth office in Asia Pacific, with offices already established in Tokyo, Hong Kong, Singapore, Sydney and Melbourne. IPC currently serves more than 450 clients in 15 cities throughout the Asia Pacific region including many prestigious clients such as Barclays Capital, Morgan Stanley, JPMorgan Chase and Citigroup.
According to Mr. Stephen Phillips, Managing Director for IPC Asia Pacific, "IPC has over 30 years of industry experience and our solutions provide many benefits for clients that include improved user productivity and operational efficiency, enhanced business continuity and operational stability. Increased activity in South East Asian markets and the expanding and diverse demands of our customers has enabled IPC to broaden its presence in Southeast Asia. The vibrant Malaysian economy coupled with our established position as the market leader in Malaysia made Kuala Lumpur the obvious choice for our latest direct office," Mr. Phillips elaborated.
IPC's core solutions are rooted in the world of Financial Services, where it is recognised as being a world leader in communication systems. IPC was the first trading systems provider to offer Voice over Internet Protocol (VoIP), and has over 29,000 users worldwide using this tried and tested technology platform. "This technology brings new benefits to our clients as enterprise-wide deployment allows for increasingly more advanced solutions. Additionally, IPC links thousands of traders to their counterparties instantly, over our managed private network infrastructure, in more than 200 cities across six continents," Mr. Phillips added.
The Kuala Lumpur office will be managed by Frankie Yong, Sales Director for South East Asia. Mr. Yong is well-versed in IPC technology, having spent the last 15 years working with IPC products and services. Mr. Yong said, "We currently have 64 financial services clients in Malaysia, and our KL office opening means that we are now one step closer to them. This proximity will ensure that we are better able to address the unique requirements of the financial community in Malaysia and South East Asia."
For more information on the solutions, products and services offered by IPC, please contact 03.2168.4252 or visit www.ipc.com for details.
About IPC
IPC is a leading provider of mission-critical communications solutions to global enterprises. With more than 30 years of expertise, IPC provides its systems and services to the world's largest financial services firms, as well as to public safety; government; power, energy and utility; and transportation organizations. IPC offers its customers a suite of products and enhanced services that includes advanced Voice over IP technology, and integrated network and management services to 40 countries. Based in New York, IPC has over 800 employees throughout the Americas, Europe and the Asia Pacific regions. For more information visit www.ipc.com.
Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute "forward-looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward-looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are risks associated with substantial indebtedness, leverage and debt service, risks relating to the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC.
(C) 2005 IPC Acquisition Corp. All Rights Reserved. IPC, IQMX, and ICMX are trademarks of IPC. All other trademarks are the property of their respective owners.
Source: Business Wire
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