BT Tailors Network for Valentino Fashion Group

München, (PresseBox) - BT announced today the signing of a three-year agreement to design and build a new global network for Valentino Fashion Group, one of the major players in the global fashion and luxury industry.

Under this agreement, BT Italia will design, build, implement and manage a new international IP MPLS (multiprotocol label switching) network to connect Valentino Fashion Group's four subsidiaries in Paris, New York, Tokyo and Hong Kong, the company's Italian headquarters, and more than 50 stores across Europe, the Americas and Asia.

Luca Vianello, Chief Executive Officer of Valentino Fashion Group, commented: "We selected BT not only for their superior technology but for their proven ability to implement and manage ongoing changes while working with us. BT's network will represent an excellent starting point to provide our stores with value-added services, including multimedia, security, and voice transmission; all of this of course using IP technologies."

Corrado Sciolla, Chief Executive Officer of BT Italia, said: "Leading Italian fashion and luxury brands increasingly require our services to support their national and global business. I am convinced that BT Italia, as a telecommunications partner dedicated to organisations with a significant international presence, can contribute to improve Valentino Fashion Group's communications. "

The new system will provide higher availability and more security by featuring full network redundancy to ensure dual access (access to the next switch using two separate lines) for all subsidiaries and a 10 megabit transmission rate e.g. in the case of the company's Italian headquarters. It enables Valentino Group to optimise its production capability and improve the quality of its communications at the best costs.

About Valentino Fashion Group
The Valentino Fashion Group S.p.A plays a vital role in the world of fashion and luxury, with a rich and well-diversified portfolio of products which includes clothing, accessories, and footwear for men and women. In the higly discriminating world of fashion and luxury, few players have gained the international fame the Valentino Fashion Group S.p.A. has achieved. The Valentino Fashion Group S.p.A. offers an array of complementary brands characterized by a consolidated global presence, excellent brand awareness, and strong product recognition.

The group's activities are broken down into three business units, covering the entire luxury and fashion sector where a wide range of styles and products are offered:
- Valentino, featuring the prestigious brands Valentino, Valentino Garavani, Valentino Roma and R.E.D. Valentino.
- Hugo Boss, which includes the Boss and Hugo brands
- Licensed brands Marlboro Classics and M Missoni, in addition to its own brand Lebole.

The Valentino Fashion Group S.p.A operates in over 100 countries, with more than 1,400 single-brand boutiques and 284 directly-managed shops. In 2006, the group's turnover reached approximately € 1,963.3 million. More than 10,988 employees work in directly controlled companies and branches spread across 25 countries.

About BT Italia
BT Italia S.p.A, 100% owned by BT (British Telecommunications Plc), is Italy's leading supplier of communication services and solutions for corporations and public administrations. Since 1 March 2006, the company includes the activities of Atlanet S.p.A, Fiat's former communication services subsidiary operating on the domestic market., BT Italia S.p.A also manages the domestic operations of BT Radianz and BT Infonet.

During the Fiscal Year that ended last 31 March 2007, BT Italia posted revenues for € 927 million, with a portfolio of more than 250,000 business customers. Besides the Milan, Rome and Turin headquarters, BT is present across the country with offices in all major cities, with some 1400 employees. BT Italia owns an optic fibre network extending over more than 12,000 kilometres, and is fully interconnected with BT's European IP network.

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