/24-7PressRelease.com/ - February 26, 2005 - Business Serve estimates the value of the three year contract to be worth up to 1 million.
Leapfield House, a large purpose built data-centre in London Docklands, will host the eighty racks of equipment for IP Telecom Solutions. This is the first corporate contract signed by the Group following the acquisition of Leapfield House in December 2004. The Group acquired Leapfield House to provide highly resilient co-location services to corporate customers and to enhance the Group's operational infrastructure.
Anthony Bennett, IP Telecom Solutions Ltd, Sales Director, said:
"The relocation of our hosting services to Leapfield House will ensure cost savings are made and will provide a highly resilient service which are both of paramount importance to IP Telecom Solutions."
Simon Cleaver, Business Serve, Chief Executive, said:
"The hosting deal with IP Telecom Solutions marks the entry for Business Serve into the high specification co-location marketplace. With Leapfield House, we can now challenge competitors, both in terms of price and level of service.
"Business Serve is delivering in every area and I am confident that we will meet the City's expectations for the current financial year."
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About Business Serve plc
Business Serve plc in the last few years has shown rapid expansion through a combination of organic growth and acquisition. Employing 200 staff within five offices nationwide, Business Serve plc provides ISP services to 40,000 plus customers spanning the SME and Corporate marketplaces. In October 2004, Business Serve acquired a Telco, Pipemedia, with multiple switches and carrier interconnects, that in addition to the usual telecommunication services has a fully operational VoIP platform.
The acquisition of Pipemedia has ensured Business Serve is at the forefront of the converged communications market. Combining traditional ISP products with Telecommunication services enables Business Serve to offer highly resilient and cost effective communication solutions to the corporate and SME marketplace.
http://www.businessserve.co.uk
About IP Telecom Solutions Ltd
IP Telecom solutions Ltd, better known under their trading style of Hi-Velocity are a London based ISP specialising in the delivery of DSL, Leased Lines, Corporate VPN's, VoIP and Hosting Services throughout the UK.
http://www.hi-velocity.net
Business Serve plc is a UK based Internet Services Provider. We provide hosting, connectivity, and e-applications solutions to the home, small to medium sized business, reseller and partner, wholesale, and corporate sectors.
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