Press Releases
Greenwich Technology Partners Completes $22.5 Million Equity Investment Led by Juniper Networks
Juniper Networks Selects GTP As First Professional Services Partner
Sunnyvale, CA and White Plains, NY - August 22, 2000 — Greenwich Technology Partners (GTP), a leading provider of network infrastructure consulting and engineering services, today announced the completion of a $22.5 million equity investment led by Juniper Networks, Inc. (Nasdaq: JNPR), a leading provider of next-generation IP infrastructure systems. In addition, the two companies also entered into a global professional services agreement.
Tony Addario, Juniper Networks vice president of worldwide customer service and support said, "Juniper Networks customers run complex IP networks that demand a broad range of world-class IP Professional Services to help support their environments. We have designed our own Professional Service offerings so that they can be augmented by more specialized services to address ever-increasing infrastructure diversity. Greenwich Technology Partners will provide custom managed deployment services for system installation and configuration that will seamlessly complement our Professional Services portfolio."
Commenting on the investment and relationship between the two companies, Joseph P. Beninati, GTP chairman and CEO, said, "Juniper Networks is on the leading edge in the development of next-generation networking products. The most sophisticated service providers are using Juniper Networks products in the most demanding network infrastructure environments. GTP's culture of growth and customer satisfaction is perfectly aligned with Juniper Networks recognized IP expertise. The relationship GTP has developed with Juniper Networks underscores the need to create value-add partnerships between leading IP infrastructure system manufacturers and the network-focused professional services sector."
Greenwich Technology Partners has established a core team of service provider-class engineers and consultants successfully trained on Juniper Networks technology and Internet backbone routing protocols, including BGP, OSPF, IS-IS and MPLS. The GTP University Lab includes Juniper Networks M-series Internet backbone routers M20, M40, and M160, as well as many other internetworking, security, performance, and convergence products.
A Service Provider Perspective
GTP and Juniper Networks are actively partnering to provide service providers with next-generation network infrastructure technologies and industry leading professional network services. Commenting on the partnership, Kevin Boyne, UUNET chief operating officer said, "GTP has successfully provided industry-leading consulting and engineering resources in support of UUNET's complex network infrastructure requirements. Juniper Networks products have become a critical part of our network backbone. Together, GTP and Juniper Networks can provide a unique value proposition to firms like UUNET."
About Greenwich Technology Partners
Greenwich Technology Partners (GTP), based in White Plains, NY, is a leading network infrastructure consulting and engineering company. The company designs, builds and manages complex networks that utilize advanced Internet protocol, electro/optical, and other sophisticated technologies. Our clients are service providers such as UUNET, an MCI Worldcom Company, Global 2000 enterprises such as Chase Manhattan Corporation and select Internet companies. Founded in 1997, the company has employees in 19 locations in the US and one international location in London. Using its proprietary GTP NetValue™ methodology, GTP provides clients with the internetworking support necessary for e-business success. The company competes with a small group of pure-play network infrastructure professional service providers, including Predictive Systems, Inc. (Nasdaq: PRDS). For more information, call (914) 289-8000 or visit the GTP Internet site at www.greenwichtech.com.
About Juniper Networks, Inc.
Juniper Networks, Inc. is a leading provider of purpose-built systems that meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically enabled IP networks. These systems provide new IP infrastructure solutions for the world's leading service providers. Juniper Networks service, manufacturing teams, and IP engineers work closely with customers to build and support customer networks. The company is headquartered in Sunnyvale, California. For more information, please visit our Web site at http://www.juniper.net.
Juniper Networks is a registered trademark of Juniper Networks, Inc. M20, M40, and M160 are trademarks of Juniper Networks, Inc. Greenwich Technology Partners, GTP NetValue, and Building Networks, Creating Value, are trademarks and/or service marks of Greenwich Technology Partners, Inc. All other trademarks, service marks, registered trademarks, or registered service marks may be the property of their respective owners.
