Business Editors/High-Tech Writers
TOKYO & LONDON--(BUSINESS WIRE)--June 6, 2005--IPC Information Systems, LLC, fournisseur de solutions stratégiques de communication à destination des grandes sociétés mondiales, annonce aujourd'hui que l'une des principales banques de fiducie japonaises, Sumitomo Trust Banking Co., Ltd., a choisi de s'équiper avec le système de négociation IQMX utilisant la technologie VoIP (Voice-over Internet Protocol) développé par IPC, sur les places boursières de Londres et de Tokyo.
( BW)(IPC-INFORMATION-SYSTEMS) Japan's Sumitomo Trust Bank Installs IPC VoIP Trading System on London and Tokyo Trading Floors
Business Editors/High-Tech Writers
TOKYO & LONDON--(BUSINESS WIRE)--June 6, 2005--IPC Information Systems, LLC, a leading provider of mission-critical communication solutions for global enterprises, today announced that Japan's leading trust bank Sumitomo Trust Banking Co., Ltd., has installed IPC's Voice-over Internet Protocol (VoIP) IQMX trading system on its London and Tokyo trading floors.When the bank sought to renew its London and Tokyo trading floor communication systems, it conducted a competitive assessment of multiple trading system vendors and selected IPC. The bank cites IPC's worldwide presence, industry experience and expertise as key factors in its decision. Together with the New York office which introduced IPC's IQMX in late 2002, Sumitomo is now trading on IPC systems at all three of its major global sites - London, Tokyo and New York
Mr. Seiji Hayashi, Senior Manager, ITBusinessProcessingDepartment of Sumitomo Trust says, "We selected IPC's IQMX based on the benefits it offers. It was very important to us that we improve the users' operational efficiency, and we liked the smaller foot-print, easy-to-see and easy-to-use features of the IQMX desktop. In addition, operational stability is the absolute highest requirement for our trading systems, and IPC's distributed architecture is highly reliable." Mr. Ryuji Mori, System Development Department of Sumishin Information Service Co., Ltd. who was responsible for the installation said, "IPC's turrets are very user-friendly. Although the IQMX was operationally different from our old turrets, our users did not have any difficulties making the transition. Also, maintaining IPC's turrets is easy, and we can expect an increase in maintenance efficiency going forward." Furthermore, Mr. Mitsuhiro Tani, Manager, IT Department, of Sumitomo Trust London Branch said, "It is true that the London office followed the decision of the Tokyo floor based on the idea of sharing the handling know-how and technical information. However, because we in London have fewer in-house support staff, IPC's system fault-tolerance and their high quality customer support in UK became indispensable when we selected the new system.
As a result, we are very pleased to have chosen the system that meets both requirements
Also, since we have already introduced an IP PBX in London, we recognize the effectiveness of the VoIP technology. Therefore, the transition to IP made possible by adopting IQMX, the VoIP turret, was very attractive. We trust that this will be most suidiv as we prepare for our bank's global common infrastructure." Stephen Phillips, Managing Director Asia Pacific of IPC said, "We are honored that such a leading Japanese bank as Sumitomo Trust Banking Co
. has selected IPC. Our mission is to deliver high quality and value-added voice communications technology solutions that support global trading floors. We will continue to help meet the growing and diversified needs of financial services customers in this region and around the world and to help them achieve global trading efficiency."
NOTES TO EDITORS
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.
About Sumitomo Trust
The Sumitomo Trust & Banking Co., Ltd. (STB), founded in 1925, has provided comprehensive financial services through its international network. Operations include marketing of savings and investment products to individuals, corporate lending and financial services, cross-selling of trust services, venture capital business, investment in private equity funds, asset liability management, development of financial products, trading, asset management services, trust and custody services, stock transfer agency services, real estate brokerage and consultation, management, appraisal, securitization and land trust services.
For more information, visit: http://www.sumitomotrust.co.jp/IR/company/index_en.html
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 predicdiv 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.
Kelly O'Brien, 212-754-5467 [email protected]
IPC Information Systems, LLC
Lois Liebowitz, 212-858-7918 [email protected]
Katy Lyons, + 44 (0) 20 7802 2626 [email protected]
KEYWORD: NEW YORK JAPAN UNITED KINGDOM INTERNATIONAL ASIA PACIFIC EUROPE
INDUSTRY KEYWORD: SOFTWARE NETWORKING HARDWARE BANKING PRODUCT
SOURCE: IPC Information Systems, LLC