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COMPELLING. CONSISTENT. CREATIVE. |
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Makati City, Philippines – 04 February 2008 – IP-Converge Data Center, Inc. the Information Technology and Telecommunications (IT&T) division of
listed company IPVG Corp. (PSE: IP) launches its
Singapore Internet data center operations this month as an integral part of the
company’s regional expansion drive. IP-Converge President and COO Reynaldo R. Huergas
believes the launch of the Singapore internet data center comes at an opportune
time as the market for managed data services and IT solutions this year is
expected to increase further from 2007. “The The acquisition is IP-Converge’s first outside of the "We expect to achieve operating profitability in our Singapore IDC
within nine months from the date of this acquisition, so it will soon add to
IP-Converge's bottom line", says IPVG Deputy Chairman Roger Stone.
"However the reasons for the acquisition are strategic too, in assisting
both our E-games business and our BPO ventures" he added, "With the
Singapore link and our network security project with Prolexic of the US, we
will have one of the most secure network rings in Asia, and we believe a very
interesting proposition for our banking, on-line games, telecommunications and
aviation customers." Rated as a Tier-3+ data center based on industry standards, the
Singapore facility provides superior back-up power, air-conditioning and
security features, as well as an additional 700 square meters (approximately
300 co-location racks) to IP-Converge’s current IDC space located at the RCBC
Plaza in Makati City. The new IDC also gives IP-Converge an additional Internet
connectivity PoP in IP-Converge Senior Vice President for Sales Percival C. de los Reyes
says “With the Singapore IDC in full operation, we are capable of providing
server co-location services, internet connectivity and 24x7 managed services to
Singapore-based clients as well as others in the About IP-Converge IP-Converge Data
Center, Inc. is an information technology and telecommunications (IT&T)
company, providing local and international clientele with fully integrated,
managed value-added IT services at global service-quality standards. It offers
IT Outsourcing and System Integration packages to clients requiring customized
IT&T solutions and its business is based upon the foundation of quality
delivery, high customer satisfaction and cost-saving benefits. For more
information, visit www.ip-converge.com. About IPVG IPVG Corp. is
publicly listed on the Philippine Stock Exchange (PSE Ticket Symbol: IP) and
engaged in the information technology and communications space. IPVG owns three
operating subsidiaries in: (i) Information Technology and Telecommunications
(IT&T); (ii) on-line gaming, and (iii) Business Process Outsourcing (BPO).
For more information, visit www.ipvg.com. Editorial contact: Niño Valmonte
Mel Dominguez IP-Converge
Dominguez Marketing (632) 976 4784 Communications Inc. nino.valmonte@ip-converge.com (632) 897 7088
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