Ad-hoc | 21 February 2002 02:10
Infonet Services Corp.
english
Infonet Applying to Terminate Registration of KPN Class B Shares
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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El Segundo, CA,February 20, 2002, Infonet Services Corporation (NYSE/FSE: IN)
today announced that, pursuant to a request by KPN Telecom BV, it is applying to
terminate the registration statement filed on September 27, 2001 for the sale
of Infonet Class B share by KPN. The registration statement allowed KPN to sell
its 54,386,078 Class B shares in the open market, but KPN did not sell any of
those Class B shares.
end of ad-hoc-announcement (c)DGAP 21.02.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
About Infonet
Infonet Services Corporation is a leading provider of value-added global
communications services to over 2,600 multinational clients. Infonet provides
innovative network-based solutions customized to best support the business needs
of our clients.
Employing a unique consultative approach, Infonet offers integrated solutions
that leverage our expertise in optimizing the complex relationship between
enterprise applications and the global network. Our extensive project management
capabilities are the foundation for the services that comprise our solution
offerings (broadband, Internet, intranet, multimedia, remote and local access,
provisioning, application and consulting services) positioning Infonet as the
ideal single-source partner for multinationals.
Recently rated Best in Class overall in Telemarks latest survey of Global
Managed Data Network Services, Infonet has also won Best Customer Care and Best
Carrier at the World Communication Awards. Infonet owns and operates The World
Network (registered trademark), accessible from more than 180 countries, and
provides local service support in nearly 70 countries and territories.
Founded in 1970, Infonets stock is traded on the New York and Frankfurt Stock
Exchanges under the symbol IN. Additional information about the company is
available at www.infonet.com.
Safe Harbor Statement: Infonet may have made forward looking statements in this
release. These statements, if any, are based on information available to the
company as of the date of this release and Infonet undertakes no duty to update
the information to take account of later events. The accuracy of our forward-
looking statements will also be affected by the strength of the market for
Infonet products and services, competition, the timely transitioning of new
business opportunities to Infonets network and the effect of currency
fluctuation. Investors should bear these risk factors in mind as well as those
elaborated on in Infonets 10K, 10Qs and other recent filings made with the U.S.
Securities and Exchange Commission. These documents are available through the
investor relations portion of Infonets web site at www.infonet.com.
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WKN: 931039; ISIN: US456661060; Index:
Listed: Amtlicher Handel in Frankfurt, Freiverkehr in Berlin, Hamburg, München
und Stuttgart
210210 Feb 02