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…Combined effort to provide telcos with robust e-Business applications and high-speed, rapid-delivery Internet connectivity…


EYT, formerly Ernst & Young Technologies and QoS Networks, a new generation network using intelligent, high-performance routing to optimise content delivery with guaranteed Quality of Service (QoS), today announced a strategic alliance to deliver scalable, e-business applications, and high-speed Internet and network solutions, to rapid-growth telecommunications companies.

High-growth telecommunications business customers of EYT and QoS will be able to immediately utilise a "Powered by Lawson" total telecommunications e-business solution available through the "GoEYT" family of hosted products and services. QoS, in turn, will make available to these telcos its next generation, native IP network, specifically customised to maximise network performance via world-class provisioning expertise and real-time customer interaction--enabling customers to have control over network attributes.

"The telecommunications industry, marked by thin margins and fierce competition, can benefit tremendously from EYT's telecommunications-focused Lawson solution," said Jim Hunt, President and Chief Executive Officer of EYT. "The EYT solution gives high-growth carriers the opportunity to gain long-term control over their finances and operational support systems, with seamless connectivity across the enterprise, helping them to maximise the bottom line."

Also commenting on today's announcement was Jim Valentine, President and CEO of QoS Networks, who stated, "Businesses are increasingly turning to the Internet to deliver mission-critical content, including voice, data, video, e-learning, e-commerce and more. However, next-gen carriers are discovering that throwing more bandwidth at greater cost is not the optimal solution. At QoS Networks, our technology uniquely enables customers to prioritise bandwidth on demand via an easy-use-use Web interface."

Through EYT, telecommunications firms, particularly rapid-growth carriers, can implement robust, flexible e-business systems without delay via a customer-friendly application service provider (ASP) model. EYT's telecommunications-specific lawson.insight™ Financials solution automates all financial and operational functions over the Internet, with templates created specifically for the telecommunications sector. The EYT solution ensures that telcos with capital intensive projects can accurately track costs to ensure profitability through industry tailored asset management, industry specific accounting, and cost and records management. Because application hosting is outsourced, the EYT solution presents the customer with lower start up expenses, reduced IT staffing costs, and 24x7 application access and support.

QoS Networks facilitates deliverance of traffic to telecommunications Internet backbones without the need for expensive investment infrastructure and ongoing maintenance costs, allowing users to deliver content to customers more swiftly and cost-effectively. Through the alliance, QoS Networks provides these businesses with an intelligent network that results in decreased overhead costs, increased profitability, maximum efficiency and a more competitive business. Having one of the most secure Global IP networks in the world, QoS Networks guarantees network performance and delivery of information, both efficiently and securely.

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About EYT
EYT, formerly Ernst & Young Technologies, is an Application Service Provider (ASP) and solutions integrator that hosts, implements, develops and supports applications for clients worldwide. EYT accelerates application implementations by providing complete end-to-end hosting from development to production with its Internet-based solution offerings. In addition, EYT serves as a single source of accountability for the procurement, configuration, integration and delivery of hundreds of best-of-breed technology products. More information about EYT's product and service offerings is available at www.eyt.com. (A Charterhouse Equity Partner III, L.P. Portfolio Company)

About QoS Networks
QoS Networks, headquartered in Dublin, Ireland, is a new generation, high-performance, totally customizable content-delivery network provider. Operating in a native IP environment and built on open system standards, QoS Networks provides global, seamless coverage, speed, classification and prioritization of traffic flows, as well as intelligence and value-added services built directly into the network core. The company's patent-pending, network architecture comprises a mesh of more than 20 Q-Links (global PoPs), interconnected via broadband technologies - including all major commercial and Internet access centers around the world reaching 48 locations by early 2002. QoS Networks has also developed a proprietary, Web-enabled interface known as Q-Access, permitting customers to change bandwidth and prioritization directly via the desktop. For further information, visit the company online at: QoSnetworks.net
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