June 21, 2005
PAETEC and NTT America Launch IP Services to Global Financial Markets
NEW YORK, NY - PAETEC Communications, Inc., and NTT America, the wholly-owned U.S. subsidiary of NTT Communications Corporation, announced an affiliation to provide international IP-based trader voice services to financial markets. PAETEC's services will be provided to major financial centers via NTT America's premier global MPLS IP network.
Internet Protocol (IP) technology is set to take over as the transport method by which information moves in the financial industry, specifically in voice trading. IP voice trading is attractive for several reasons, including increased operational efficiencies, reduced operational costs, and an inherent disaster recovery capability. The new PAETEC - NTT America affiliation embraces this concept and is well positioned to focus on IP delivery for the following products: Automatic Ring Down, Manual Ring Down, and Hoot & Holler
"PAETEC is proud to team with such a quality company as NTT America," said Brad Bono, Chief Operating Officer for a PAETEC. "Financial organizations looking for global IP services can now call PAETEC and be assured of an innovative, secure, cost-effective solution."
"We are pleased that PAETEC has selected the NTT America MPLS service as its transport platform to offer trader voice services," said Tatsuo Kawasaki, President and Chief Executive Officer of NTT America. "Combining PAETEC's services with our network and technical support will provide customers with a superior offering."
About NTT America
NTT America, Inc., the wholly owned U.S. subsidiary of NTT Communications, is North America's natural gateway to the Asia-Pacific. Headquartered in New York, NY, NTT America provides a single point of contact for reliable end-to-end connections between the U.S. and Asia-Pacific regions. For additional information on NTT America and its services, visit us on the Web at www.nttamerica.com.
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.
Tel: (212) 850-5653
Fax: (212) 850-5790
PAETEC Corporate Communications