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Convergent To Continue Providing Merrill Lynch Satellite Broadcast Services

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Alpharetta GA (SPX) Aug 24, 2004
Convergent Media Systems Monday announced that Merrill Lynch has signed a five-year renewal agreement to be its exclusive satellite communication services provider in the US and Puerto Rico.

"Convergent is pleased to continue its longstanding relationship with one of the world's leading financial institutions, and deliver the kind of performance the company has come to expect from us," said Bryan Allen, President & COO of Convergent.

"Since 1999 our onsite and remote technicians have been dedicated to maintaining high-quality, uninterrupted service to keep critical, up-to-the-minute information flowing to Merrill Lynch employees."

Under the terms of the agreement, Convergent will manage the satellite network for Merrill Lynch's multiple proprietary television channels and distribute broadcast-quality content to desktops and conference rooms throughout the company's executive offices and 600-plus retail branches in the US and Puerto Rico.

Convergent will deliver market data and competitive information from Merrill Lynch's proprietary network and Bloomberg TV to the desktops of thousands of Merrill Lynch Financial Advisors.

It will also continue to deliver important corporate communications news and education and training to employees through two additional TV channels.

Convergent will provide satellite uplink, signal monitoring, database management, transmission and downlink maintenance services with an objective to ensure constant end-to-end availability and back up of services through its network operations center in Alpharetta, GA.

Convergent is responsible for installing, relocating, modifying and maintaining new and existing network equipment at all retail branch locations including downlink earth stations and satellite receivers.

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ATK's Newest Business Group Lands Contracts Worth $18.5 Million
Minneapolis MN (SPX) Aug 24, 2004
ATK Advanced Propulsion and Space Systems (APSS), the company's newest business group, has received a series of advanced technology contracts valued at $8.5 million. Follow-on options could bring the total value to $18.5 million.







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