H.I.G. Capital Actualité
Craig Burson , CFA
Atlanta, GA-Netifice Communications, Inc. today announced the expansion of its network connectivity services with acquisition of Epoch Networks, Inc.
October 17, 2002 - ATLANTA--Netifice Communications, Inc. today announced the expansion of its network connectivity services with the acquisition of the nation's largest privately owned Internet access provider, Epoch Networks, Inc. of Costa Mesa, CA.
The move represents a significant milestone in Netifice's growth plan as the company solidifies its position as the leading provider of advanced IP-based communications services and Managed Virtual Private Networking (VPN) solutions for both large organizations and medium-sized businesses.
"Epoch's core network and direct peering relationships combined with Netifice's managed VPN services and last mile access alternatives allows us to offer one of the industry's most comprehensive set of advanced IP services," said Netifice Founder, President and CEO, Stephen L. Schilling.
With the acquisition, Epoch's tier-1 optical network and Multi-Protocol Label Switching (MPLS) enabled backbone become part of Netifice's technology platform. As a result, Netifice rapidly broadens its solution set, providing expanded quality-of-service options and both public and private IP transport, including IP-Video and IP-Voice offerings. Through redundant peering directly with the public Internet backbone, Netifice customers will enjoy industry-leading network performance and availability, regardless of location or last mile access choice.
"Our customers can now select from a wide range of ubiquitous access methods to realize a complete 'end-to-end' range of managed IP services," explained Jeff Pompeo, Netifice chief technology officer. "We can create services that finally deliver on the promise of IP and fully converged voice, video, and data accessible from anywhere on the planet. Our customers can dramatically reduce the cost and complexity of their existing network infrastructures as we seamlessly extend fast, secure, reliable, fully managed IP services to their remote workers, offices, customers, and partners -- anytime, anywhere."
"Beyond Epoch's network infrastructure, we feel that Epoch's philosophy and culture of world-class customer support aligned well with our belief that customer care is an essential ingredient in a successful relationship," Schilling added.
Financial terms of the acquisition by Netifice, also a privately held company, were not disclosed.
About Epoch Networks
Epoch Networks(SM) dba Epoch Internet is a nationwide tier-1 Internet service and solutions provider. Founded in 1994, Epoch offers the building blocks that enable businesses to construct solid Internet and e-business foundations, including advanced Web hosting services, high-speed Internet access, co-location solutions, firewalls, and security products. In addition, Epoch has comprehensive channel programs offering additional value-added services through a well-established network of partners. Epoch is a premier member of IBM's ISP Business Partner initiative and is a member of the Cisco Powered Network program.
About Netifice Communications
Netifice is a leading provider of advanced IP connectivity solutions for business. By leveraging its tier-1 optical IP backbone, Netifice provides a comprehensive set of IP services that span both private and public-based transport. Netifice complements these services with managed security, industry leading IP-VPN, and MPLS-based data, voice and video transport services. Advanced networking combined with the industry's broadest array of last mile alternatives means that regardless of customers' bandwidth needs -- dial, DSL, cable modem, T-1, DS-3 or OC-x -- Netifice can deliver an end-to-end connectivity solution. Integrated customer relationship management capabilities place the customer in control, while end-to-end 24/7 support, SLAs and proactive monitoring ensure a world-class communications experience.
For Netifice Communications, Atlanta
Cookerly Public Relations
Beth White or David Elliott, 404/816-2037