Integra Bank Upgrades to Advanced Network Services with AT&T
Prioritized Network Traffic and Increased Bandwidth Drive Greater Connectivity and Customer Service Quality for Regional Financial Institute
Evansville, Indiana, March 18, 2008
AT&T Inc. (NYSE:T) today announced a five-year $3.2 million networking services contract with Integra Bank, a leading financial services provider throughout Indiana, Kentucky, Illinois and Ohio. AT&T will be integrating and upgrading Integra's current Frame Relay services to a single Virtual Private Network (VPN) solution.
"AT&T offers the skill and global scale needed to complete this complex yet crucial upgrade for Integra," said Amy Drake, senior vice president of Integra Bank. "Our new network services give our employees and our customers greater velocity in their daily activities, making banking interactions quick and efficient."
Integra Bank employees and customers will experience faster, enhanced applications with the new VPN services, which run on AT&T's Multiprotocol Label Switching (MPLS) network platform. Helping Integra prioritize applications across its locations, the VPN dramatically increases bandwidth availability at all banking locations. The optimized connection will allow employees to communicate and transmit financial information efficiently, and customers will have an enhanced experience when accessing ATM applications and other customer-facing networked services.
AT&T also provided the necessary equipment, deployment and integration management to complete this critical transition for Integra. The new class-of-service-enabled VPN services and corresponding equipment are fully managed and monitored by AT&T technicians.
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Headquartered in Evansville, Indiana, Integra Bank Corporation is the parent of Integra Bank N.A. As of December 31, 2007, Integra has $3.4 billion in total assets and operates 80 banking centers and 134 ATMs at locations in Indiana, Kentucky, Illinois and Ohio. Moody's Investors Service has assigned an investment grade rating of A3 for Integra Bank's long-term deposits. Integra Bank Corporation's Corporate Governance Quotient (CGQ) rating as of February 1, 2008, has IBNK outperforming 98.2% of the companies in the Russell 3000 Index and 98.3% of the companies in the banking group. This rating is updated monthly by Institutional Shareholder Services and measures public companies' corporate governance performance to a set of corporate governance factors that reflects the current regulatory environment. Integra Bank Corporation's common stock is listed on the Nasdaq Global Market under the symbol IBNK. Additional information may be found at Integra's web site, www.integrabank.com.
AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at www.att.com.
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