IPC Further Expands in Asia Pacific with New Office in Beijing

Beijing & New York - 14 March 2007

New location is IPC’s ninth in Asia Pacific

IPC Information Systems, a leading provider of mission-critical trading floor communication solutions to global and local enterprises, announced the opening of its second office in Mainland China today. The office, located in the Central Dong Cheng district, is IPC’s ninth in Asia Pacific, with offices already established in Tokyo, Hong Kong, Singapore, Sydney, Melbourne, Kuala Lumpur, Jakarta and Shanghai. IPC currently serves more than 500 clients in 15 cities throughout the region including Barclays Capital, Deutsche Bank, JPMorgan Chase and Citigroup.

IPC's core solutions are rooted in the world of Financial Services, where it is recognized as a world leader in communication systems. IPC was the first trading systems provider to offer Voice over Internet Protocol (VoIP), a popular platform in Asia Pacific and increasingly so across the globe.

Steven Phillips, Managing Director, IPC Asia Pacific said, “The rapidly evolving Chinese financial markets and the growth of the domestic banking sector have made Beijing the obvious choice for IPC’s latest direct office. Clients in this region are increasingly adopting more advanced solutions, and they are looking to IPC to help them reap the benefits. Globally, IPC links thousands of traders to their counterparties instantly over our managed private IP network infrastructure, in more than 200 cities across six continents. This includes points of presence (POPs) in Beijing and Shanghai.”

The Beijing office will be managed by Helena Hu, IPC’s Sales Director and Country Manager for China. Ms. Hu has spent 12 years in the Chinese financial markets and was responsible for opening IPC’s Shanghai office in 2006.

Ms. Hu says “With the opening of the Beijing office, IPC is now able to offer a seamless service to our customers in China’s two main financial centres which will allow IPC to better serve this important market.”

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