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BT Radianz Launches Extended Reach To Increase Global Footprint

Date 04/05/2006

BT Radianz, a leading global provider of financial connectivity services, today announced the launch of Extended Reach to meet customer demand. Existing BT Radianz customers now have the ability to connect more economically and reliably to their clients in emerging financial centers worldwide, including parts of Latin America, Asia, and Eastern Europe.

BT Radianz will leverage the BT Group global frame relay networks to provide access to nearly forty new countries. A number of major global financial companies looking to provide their services to customers in these geographies have already begun to take advantage of this service and placed orders with BT Radianz. This offering provides a fully managed, low cost, high quality alternative to other options such as expensive point-to-point circuits.

All the usual benefits of BT Radianz apply to this new and expanded service. For customers this makes the overall cost of ownership lower, reduces service delivery lead-times and gives service level guarantees on characteristics such as latency and availability.

According to Mark Akass, Chief Technology Officer, BT Radianz, “This new service epitomizes the benefits of the BT acquisition of Radianz. Extended Reach will help institutions that have not had access to emerging financial centers an opportunity to connect without the expense of private leased lines. This enhanced service provides new opportunities for BT Radianz while meeting customer demand for enhanced geographical scope.”

Earlier this month BT was awarded the Inside Market Data Award for Acquisition of the Year for the purchase of Radianz. BT has brought increased global scale and financial resources to BT Radianz, while cementing its position as a neutral shared infrastructure provider for the financial industry. BT is committed to being a leading provider of Networked IT services to the financial services industry and BT Radianz is a large part of this strategy.