ENRON TO MANAGE i2’S GLOBAL BANDWIDTH NEEDS
FOR IMMEDIATE RELEASE: Wednesday, October 18, 2000
HOUSTON -- Enron Broadband Services, a wholly-owned subsidiary of Enron Corp. (NYSE: ENE), and i2 Technologies, Inc. announced today a three-year agreement whereby Enron will provide flexible bandwidth management services to i2 for its international networking needs. The agreement covers i2’s Dallas headquarters and operations in Parsippany, N.J.; Tokyo, Japan; Brussels, Belgium; and Mumbai and Bangalore, India.
i2’s growing e-marketplace business needs will be further enabled by Enron’s IPNet Connect premium Internet Protocol (IP) transport service. Enron’s innovative bandwidth service includes a fixed amount of bandwidth capacity and the option to expand service on-demand by a factor of ten to cover varying peak needs. Enron will provide bandwidth service in a node-based manner, allowing i2 to easily add network locations over time.
Enron’s first-of-its-kind IPNet Connect services provide an alternative to expensive legacy networks and congested, unreliable Internet transport for customers in multiple locations. These solutions combine access to tiered levels of IP services with flexible options tailored to customers’ needs through broadband connections to the Enron Intelligent Network™ (EIN) and other network providers.
“Many broadband users are currently paying for excess bandwidth capacity. This agreement allows i2 to pay for data bursting capacity on an as-needed basis, and illustrates how Enron is bringing increased flexibility and efficiency to the broadband market,” said Jim Crowder, vice president of enterprise solutions for Enron Broadband Services. “Innovative pricing models enabled by Enron’s unique platform will help hosted applications providers to more efficiently manage their communications costs.”
“We have been searching for the most efficient way to support our expanding worldwide base of operations,” said Karla Schacht, chief information officer of i2. “Enron was able to provide a high-quality solution that assures that our bandwidth needs are met, and give us network access in areas of the world where we have had difficulty gaining connectivity.”
i2 is creating real value for its global e-business customers through its i2 TradeMatrix™ solutions, content and marketplace platform. i2 TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants. i2 provides a wide variety of collaborative e-business services for both the early stages and the next generation of e-business adoption, with each service supported by decision optimization, transaction management and content management solutions. Founded in 1988, i2’s mission is to deliver $75 billion in value to its customers by 2005. i2 is headquartered in Dallas has more than 5,000 employees and maintains offices worldwide. Visit i2 at www.i2.com.
i2 and the i2 logo design are registered trademarks of i2 Technologies, Inc. i2 TradeMatrix and TradeMatrix are trademarks of i2 Technologies, Inc.
Enron Broadband Services is a leading provider of high quality, high bandwidth delivery and application services. The company’s business model combines the power of the Enron Intelligent Network, Enron’s Broadband Operating System, bandwidth trading and intermediation services, and high-bandwidth applications to fundamentally improve the experience and functionality of the Internet. Enron’s Broadband Operating System allows application developers to dynamically provision bandwidth on demand for the quality of service necessary to deliver broadband content. Enron is also creating a market for bandwidth that will allow network providers to scale to meet the demands required by increasingly complex applications. Enron Broadband Services can be found on the Web at www.enron.net.
Enron is one of the world’s leading electricity, natural gas and communications companies. The company, with revenues of $40 billion in 1999 and $60 billion for the first nine months of 2000, produces electricity and natural gas, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine has named Enron “America’s Most Innovative Company” for five consecutive years, the top company for “Quality of Management” and the second best company for “Employee Talent.” In addition, Enron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America.” Enron’s Internet address is www.enron.com. The stock is traded under the ticker symbol “ENE.”
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For additional information please contact:
Shelly Mansfield
Enron Broadband Services
713-853-4589
Sue LaDow
i2 Technologies, Inc.
469-357-3027
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