Infonet Announces Wholly Owned Canadian Operation; Infonet Services Canada Inc. To Provide End-to-End Sales and Support Services to Canadian Marketplace

Business Wire, Feb 22, 2001

Business Editors

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Feb. 22, 2001

Infonet Services Corporation (NYSE:IN)(FSE:IN), a leading provider of global communications services for multinationals, today announced the establishment of a wholly owned Canadian operation.

To be known as Infonet Services Canada Inc., the organization will be headquartered in Toronto with satellite offices in Vancouver, Montreal and Calgary. Infonet Services Canada will support local Canadian clients, multinational corporations with worldwide Canadian headquarters as well as multinationals expanding and opening offices within Canada.

The company will provide comprehensive turnkey solutions ranging from building public and private Virtual Private Networks and corporate extranets to provisioning services and providing Help Desk and 24x7 technical support for all Canadian clients.

With Infonet's client base that includes more than 30 percent of the Fortune 500, Infonet Services Canada will be focused on providing global communications services to Canadian-based multinational corporations. Infonet provides these services through its World Network(R), an integrated multi-service network accessible from over 180 countries and 3,000 cities around the world, with local support in more than 60 of those countries.

"We have dealt with more than a dozen different communication carriers on a one-off basis, which made scalability and growth of our communications network very difficult," stated Henry Wilsenack, Worldwide Telecommunications Manager with Seagate Software. "Working with Infonet has made it as easy to do business in Vancouver as in Frankfurt, Sydney or any other global location and to do so cost effectively. We welcome Infonet Services Canada," he observed.

"Infonet has a track record for developing relationships with clients for whom international business is strategically important," stated Mauro Mendoza, Infonet's Regional Director for Canada.

As both a technology leader and a solutions-oriented company, Mendoza believes Infonet is uniquely positioned to provide the range of services that companies based in or operating out of Canada require. He is also committed to leveraging the company's global leadership.

"I joined Infonet to develop and grow an organization that will be responsive to client needs and help them optimize their global network needs," Mendoza commented.

"Mauro's leadership, previous sales and marketing experience and business insight will help to shape Infonet Services Canada. We believe that his expertise will enable us to expand our organization, quickly and effectively," concluded Kevin Landry, Infonet's Vice President and General Manager for the region encompassing Canada.

About Infonet

Infonet Services Corporation is an innovative leader in providing value-added global communications services to multinational corporations.

Powering the enterprise-wide communications initiatives of more than 2,600 multinationals, Infonet provides a comprehensive portfolio of network-based solutions including Managed Access (Wireless/Remote, Satellite); Intranet (Frame Relay, IP); Broadband (ATM, MultiMedia); Internet (Transit, iVPNs); and Application Services (Call Center, Messaging, Collaboration, Wireless, and Web Hosting).

Infonet is a pioneer in providing multinationals with The Intelligent Edge in Global Communications(TM) -- a unique service solution based on its patent-pending process that models and optimizes the complex relationship between application and network performance.

Winner of the World Communication Awards 2000 for "Best Customer Care" and "Best Carrier," Infonet owns and operates The World Network(R), accessible from more than 180 countries, and provides local service support in more than 60 countries and territories.

Founded in 1970, Infonet's stock is traded on the New York and Frankfurt Stock Exchanges 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 projections 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. Risk factors investors should take into account that might affect results include: 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 refer to risk factors 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.