Residential | Small Business | Enterprise | Wireless Region / Language
For Release Thursday, August 4, 2005
AT&T To Power Power-One's Global Network
CAMARILLO, Calif. – AT&T today announced it has been selected by Power-One Inc. to be the company’s sole telecommunications provider as part of a three-year, $2.6 million deal. Camarillo-based Power-One is one of the world’s largest power-conversion equipment manufacturers.
AT&T will provide a fully managed, secure Internet Protocol Virtual Private Network (IP VPN), converging Power-One’s voice, video and data traffic for the company’s locations worldwide. The AT&T solution replaces separate voice and data networks from multiple vendors and provides a common networking platform for Power-One sites in the United States, Europe, Asia and the Caribbean – simplifying data transfer processes and offering significant operational efficiencies.
“AT&T’s networking solution enables us to streamline our operations across the globe,” said Mike Ballerini, Power-One corporate vice president of information technology. “The ability to share information between offices on a secure, reliable and high-speed network is key to our business and essential to our customers who rely on Power-One’s equipment and services. The opportunity to utilize video conferencing and increase the quality of our VoIP networks will certainly give us an edge over the competition.”
The contract expands an existing relationship between Power-One and AT&T and signifies Power-One’s preference to contract with a single provider to address all of its networking needs. AT&T will provide a portfolio of voice and data services, including high-speed Internet access, hosting, teleconference and secure remote network access.
About Power-One
Power-One is one of the largest manufacturers of power conversion products in the world. Products are sold to telecommunications and Internet service providers and equipment manufacturers. Power-One, with headquarters in Camarillo, CA, has global sales offices and manufacturing and R&D operations in China, Dominican Republic, Ireland, Slovakia, Switzerland, and the United States. For more information, please visit www.power-one.com.
About AT&T
For more than 125 years, AT&T (NYSE 'T') has been known for unparalleled quality and reliability in communications. Backed by the research and development capabilities of AT&T Labs, the company is a global leader in local, long distance, Internet and transaction-based voice and data services.
AT&T 'Safe Harbor'
The foregoing contains 'forward-looking statements' which are based on management's beliefs as well as on a number of assumptions concerning future events made by and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside AT&T's control, that could cause actual results to differ materially from such statements. These risk factors include the impact of increasing competition, continued capacity oversupply, regulatory uncertainty and the effects of technological substitution, among other risks. For a more detailed description of the factors that could cause such a difference, please see AT&T's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. AT&T disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of AT&T.
