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Infonet Extends Services to India; Partnership with i2i Enterprise Ltd. Combines Local Market Expertise With Infonet's Global Communications Services

Posted on: Tuesday, 24 June 2003, 06:00 CDT

EL SEGUNDO, Calif.--(BUSINESS WIRE)--June 24, 2003--Infonet Services Corporation (NYSE:IN), a leading provider of global communications services for multinationals, today announced its partnership with market leader, i2i Enterprise, to expand its services to India. Through this strategic partnership, Infonet, with local headquarters based in Mumbai, will offer competitive IP access and virtual private network (VPN) services to the growing base of multinationals within the country.

As a market leader in India, i2i Enterprise services numerous Fortune 1000 customers and operates nationwide communications services with point-of-presence in the 25 largest metropolitan areas. "We are delighted with this partnership," said Prakash Jain, CEO, i2i Enterprise. "By combining our local market strengths with Infonet's global expertise, we are able to offer multinationals access to a worldwide managed network, international support services, innovative solutions and consulting capabilities.

IDC expects the Indian IP VPN services market to grow to U.S.$210 million by 2006 from U.S.$11 million in 2001. In addition, IDC estimates that the total number of IP VPN connections in India will grow at a CAGR of 105% from 2001-2006. This is the second fastest growth rate in the Asia/Pacific region after China. (Source: "Asia/Pacific IP VPN Services Market Forecast and Analysis, 2001-2006," July 2002)

"Extending our services and establishing operations in India, a key telecom market with a strong demand for VPN and broadband access services, is part of Infonet's strategic plan to enlarge its overall presence in Asia," commented John Hoffman, Executive Vice President of Global Sales, Infonet Services Corporation. "Infonet strives to provide multinationals in India and the region with quality, customized managed network services, based on our unique consulting approach and strong product offering."

Through its proprietary Application-Defined Networking (ADN) approach, Infonet will consult and provide Indian multinationals with the right solution to achieve their business objectives. Infonet's full portfolio of integrated communications technologies offered includes: Managed Access (Remote, Satellite); Intranet (Frame Relay, IP, ATM); Broadband (Multimedia); Internet (Transit, IVPNs); and Application Services (Call Center, Messaging).

Infonet expects significant demand for its IP VPN services in India, and is ready to address this need with its flagship IP capability called IP VPN Secure. Infonet's IP VPN Secure uses multi-protocol label switching (MPLS) technology and offers four classes of service to bring a new level of security, scalability and flexibility to IP VPN.

The new Mumbai office adds to Infonet's existing global footprint, which also covers 13 Asia/Pacific countries, including Australia, China, Hong Kong, Japan, Malaysia, Singapore and South Korea.

About i2i Enterprise

i2i Enterprise Limited is a leading provider of communication services, contact management services and CRM solutions to major businesses in India. Over the past 10 years, i2i Enterprise has engaged the best-of-breed technology and prides itself in implementing customized applications to suit client-specific requirements. i2i Enterprise serves leading MNCs such as American Express, ABN Amro, Standard Chartered, United Parcel Service, HDFC Standard Life, ING, Domino's, IFB, Daikin, LG, Orange and Hero Honda, across India.

i2i Enterprise also provides network design, procurement and project management services to the Indian telecommunications and IT industry. Clients include the incumbent Telco operators and private service providers such as Hughes Telecom and AT&T.

i2i Enterprise currently employs 1,200 people and the management team consists of specialists with relevant industry background.

As Infonet's partner, i2i Enterprise will offer integrated communication services to Multinationals in India and Indian Corporates abroad.

Additional information about the company is available at www.i2ienterprise.com.

About Infonet

Infonet Services Corporation, known for its quality of service, is a leading provider of managed network communications services for nearly 3,000 multinational entities.

Employing a unique consultative approach, Infonet offers integrated solutions optimizing the complex relationship between enterprise applications and the global network. Extensive project management capabilities are the foundation for the services and solution offerings (broadband, Internet, intranet, multimedia, video conferencing, remote and local access, provisioning, application and consulting services) positioning Infonet as a single-source partner for multinational entities. In particular, Infonet IP VPN solutions offer multinationals a unique combination of Private and Public IP services as well as a full set of Managed Security Services.

Rated "Best in Class" overall in Telemark's survey of Global Managed Data Network Services, Infonet has also won "Best Customer Care" and "Best Carrier" at the World Communication Awards. Founded in 1970, Infonet owns and operates The World Network(R), accessible from more than 180 countries, and provides local service support in over 70 countries and territories.

Infonet's stock is traded on the New York Stock Exchange 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.

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