VANCOUVER, Wash. – (Jan 27, 2003) – New Edge Networks has developed a data communications solution that enables business customers to build dedicated physical private networks that link multiple locations with more bandwidth and cost savings of up to 50 percent or more over traditional networks available through local telephone companies.
Using New Edge Networks’ private national backbone ATM network versus the Internet, customers can physically link multiple geographically dispersed company locations within a state, region or across the country with separate gateways to the Internet at each location. This ensures secure data communications, guaranteed quality of service end to end, and requires no added capital expenses usually associated with Layer 3 Virtual Private Networks that traverse the Internet.
“Our business customers are continually looking for ways to reduce their network costs as their bandwidth requirements steadily increase,” said Dan Moffat, president and CEO of New Edge Networks. “With a 600-switch network based on ATM technology we are able to offer customers significant cost savings, security, flexibility for growth, and access to the Internet. Our Layer 2 dedicated private network solution is Layer 3 protocol independent and complements our Layer 3 VPN solutions.
Within New Edge Networks’ coverage area which includes more than 360 small and midsize cities in 29 states, the Layer 2 Private Network uses dedicated business-class DSL or T-1 connections. In locations outside this coverage area, New Edge Networks completes the Layer 2 Private Network using Frame Relay technology over its nationwide backbone network.
“By blending DSL, ATM and our National Frame Relay we are able to offer an overall package price that meets or beats customer expectations – even when some of the locations are not local to our footprint,” Moffat said. “The Layer 2 dedicated VPN is an ideal solution for financial institutions that do not want their traffic on the Internet, insurance companies, or medical facilities looking to meet the HIPPA (Health Insurance Portability and Accountability Act of 1996) requirements.
“By continually developing new products, services, and solutions like our Layer 2 Private Network, New Edge Networks continues to enhance our Better Business Broadband offerings and attract more customers, grow revenues and prosper in the midst of the telecom meltdown,” Moffat said. “Our revenues doubled in 2002 and we expect to double again in 2003.”
About New Edge Networks
New Edge Networks is a national business-class broadband services provider that owns one of the largest multi-service data communications networks in the United States. While providing frame relay, ATM, IP and other advanced data services nationally, New Edge has one of the largest DSL coverage footprints for small- and midsize cities across the country. The company also provides dedicated high-speed Internet access in 27 major cities around the country. New Edge Networks offers frame relay access and gateway products through channel partner programs or wholesale relationships. It provides a wide variety of business-class DSL and T-1 solutions through Internet Service Providers and its own TransEdge brand. Top-tier private venture firms, global financial institutions and worldwide technology firms provide financial backing to New Edge Networks. The company’s Web site is www.newedgenetworks.com. Telephone: 1-360-693-9009.
Contact:
Sal Cinquegrani
(360) 906-9723