CHICAGO, May 31, 2002 â HyperFeed Technologies, Inc. (Nasdaq: HYPR), the provider of financial market information technology, has selected AT&T Managed Router Solution to distribute its compressed HyperFeedÂ® IP Multicast market data to its customers. Institutional investment firms handle thousands of trades daily, and require accurate market data delivered reliably and economically, in a real-time atmosphere over a secure network environment. This agreement, consistent with HyperFeedâs aggressive expansion into the institutional market, gives HyperFeed customers an easy-to-access, cost-effective, fully secure, managed and redundant service that capitalizes on AT&Tâs extensive global frame relay network.
According to Kurt Klein, COO of HyperFeed Technologies, Inc., "Our proprietary compression technology combined with IP Multicast technology has given us the ability to manage bandwidth utilization and transfer that cost-savings to our clients."
The agreement is designed to optimize cost efficiency in New York and Chicago, two of HyperFeedâs major install base concentrations. HyperFeedâs data monitoring and control centers will continue to operate from its headquarters in Chicago and its development center in Aurora, Illinois. Klein further notes, "Our agreement with AT&T adds a deeper level of network and data security to our consistently reliable data and also offers HyperFeed clients an additional cost-savings and global accessibility."
"With AT&T Managed Router Solution and our frame relay network, HyperFeed and its customers have access to one of the most robust global networks in the industry," said Tim Akers, AT&T Business vice president. "AT&T provides expertise in managing and integrating complex systems, and HyperFeed receives guaranteed service level agreements that include end-to-end management, maintenance and monitoring."
AT&T Managed Router Solution integrates multiple protocols and supports multiple interfaces, as well as provides 24 x 7 proactive monitoring, a fully managed dial backup option for key sites and maintenance of a router database. The service also includes monthly performance reports on network availability and router utilization, as well as a Web tool that provides access to customer network reports.
This relationship builds on an earlier agreement where HyperFeed chose AT&T as its web hosting services provider. Under terms of the agreement, Hyperfeed moved the majority of its Internet hosting solutions to AT&Tâs Internet Data Center in Lisle, Illinois.
Managed services are central to AT&Tâs overall business strategy for enterprise customers. AT&T Managed Services consist of integrated offer portfoliosâincluding Enterprise VPNs, Hosting, Business Continuity (High Availability and Security Services)âthat are combined with the seamless support of AT&Tâs integrated Global Enterprise Management System (iGEMS), which provides proactive and predictive networking-management capabilities.
AT&T Managed Services address the interdependency of networking, hosting and businessesâ needs for reliability, security and recovery. They simplify the network complexity and operational challenges faced by companies while allowing them to easily extend their networks to customers, suppliers and partners.
AT&T Managed Services can encompass access service options; hosting; virtual private networks (VPNs); content distribution; managed wide-area networks (WANs); enhanced transport maintenance; networked computing services; business continuity and security services.