Message #13 From:
Stock News Bot Date: October 2, 2006 05:30:00 AM
CNCN News CinTel Supplies LG Hitachi Backbone Switches to Enpia (Building backbone switching system for Online Stock Trading System)
LOUISVILLE, Ky.--(BUSINESS WIRE)--CinTel Corp. (CinTel) (OTCBB:CNCN),
Korea's top Internet traffic management (ITM) solution provider, is
pleased to announce that its fully owned subsidiary in Korea has signed
an agreement to supply of approximately $500,000 worth of LG Hitachi's
backbone switches with Elastic networks.
Enpia (www.enpia.net) is providing
stock home trading service (HTS) to many Securities in Korea and hosting
service with Internet Data Center (IDC). They are upgrading the entire
network by replacing old backbone switches with LG Hitachi equipment
through this project. This is expected to improve efficiency of
operations, security and to give a competitive advantage in the online
securities market.
Kyung-Seop Lee, Sales Manager of CinTel Korea, states "We continue to
expand our offerings and welcome new references such as the NI project
site for public to private enterprises."
Sang-Don Kim, the CEO of CinTel, said “We are
excited to offer services outside of our traditional Internet traffic
management solutions. These efforts to offer a complete solution to our
customers and make our business model more flexible in the changing IT
market will make CinTel a much more robust business.”
About Enpia
Since its beginning, it has provided Content Delivery Network (CDN)
services and solutions based on a Private Backbone Network that
interoperates the top 3 IDC centers (KT-IDC, KIDC, Ngene) in the region.
It has successfully provided Managed Network Services that have been
specially developed for online trading services to 11 of Korea's top 20
online stock trading sites, enabling service availability of 99.99999%,
and firmly positioning itself as the only company in Korea that has
proven its ability to manage network traffic for online stock trading
sites successfully.
About Elastic Network
Elastic Networks (www.elastic.co.kr),
as a NI specified enterprise of middle standing in Korea, is proving
service network solutions, maintenance and SI and NI projects. Having
many public and private sector reference sites, such as Korean military,
coast guard, universities Elastic has a strong business reputation in
the Korean market.
About CinTel Corp.
Based in North America with its main business operations in Korea,
provides enterprise technology solutions that deliver faster internal
and external network service. Founded in 1997, CinTel introduced Korea's
first dynamic server load balancer, which has now evolved into a
world-class product line with ever expanding solutions from key partners
and internal development. CinTel's award-winning Internet Traffic
Management (ITM) solutions are marketed to customers worldwide, enabling
the company's customers to improve Internet and network traffic
management, service levels, secure content, user experience, and reduce
server loads and bandwidth demands. While CinTel maintains its position
as a leader in ITM through continuous research and development efforts
it has also begun expansion into creative new markets and worldwide
distribution of Korean based technologies. CinTel is also a recognized
leader in Content Delivery Network (CDN). For additional information,
please visit CinTel Corp. at www.cintelcorp.net.
Safe-Harbor Statement
This press release may contain statements (such as projections regarding
future performance) that are forward-looking statements as defined in
the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially from those projected as a result of certain risks and
uncertainties, including but not limited to those detailed from time to
time in the Company's filings with the Securities and Exchange
Commission.
