Praxinet, Inc.

Description

Praxinet is a privately held company headquartered in Ridgefield, Connecticut. Founded in 1998 to fill a need for large-scale, mission-critical Internet-based system development and integration expertise, we have grown to provide solutions for industry-leading corporate clients that include Pitney Bowes, GE, Citigroup, UPS, Anadigics, Exp@nets, and others.

Expanets is the nation's largest and leading provider of converged communications solutions to businesses ranging from 20 to 500 employees, and is also strongly positioned to serve larger businesses with multiple locations. With 2001 revenues of $1 billion, Expanets serves 560,000 businesses and over one million client locations. While national in scope, Expanets delivers local service and solutions through its team of 3,200 associates, based in 150 offices and satellite locations throughout the U.S.

About Xand Corporation Founded in 1990, Xand is a facilities-based provider of e-business services and infrastructure to Internet companies, software venders, small and mid-sized corporations. Xand provides complete business solutions including application and server hosting, software development, Website and application design, systems engineering, network operations, security and backup. Xand maintains a 30,000 sq-ft state-of-the-art Data Center at its headquarters 20 miles north of Manhattan.

THE CLIENT Praxinet's client, a wholly owned subsidiary of a public telecommunications company, is a worldwide leading provider of e-business integration solutions for companies of all sizes. The company specializes in creating, powering and managing secure e-marketplaces where multiple buyers and sellers can exchange goods and services, collaborate on business opportunities, and share information faster and at lower costs.

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