ING Selects IPC's IQ/MAX Trading Desktop.

Global Financial Services Company ING works towards defining a global technology standard with IPC

NEW YORK -- IPC announced today that ING Investment Management Americas, one of the world's largest investment firms, has upgraded its New York City trading floor with IPC's state-of-the

ING, which offers banking, insurance, and asset management in over 50 countries, has high requirements for connectivity, security, and dependability in its trading environment. An IPC client for over ten years, ING has elected to upgrade its trading floor infrastructure to an Alliance switch with IQ/MAX turrets for its ING Investment Management organization. This organization works closely with portfolio managers and traders who support hedge funds on a daily basis and require a host of customizable options. IQ/MAX gives ING's traders a competitive edge with several new features, such as call history, caller ID, contact sensitive displays and an assortment of customizable options that competitors could not offer. IQ/MAX is the first trader desktop to be based on primary research conducted by IPC with more than 300 actual traders. IQ/MAX debuted in New York in March 2006 and in other cities around the world throughout the year.

Martin Ratajczak, Telecommunications Manager, ING Investment Management Americas says, "IPC has a strong track record that demonstrates a clear understanding of how to best meet ING's business needs. IPC delivers a trading environment that is redundant and secure, which is further enhanced by their level of dependability, devotion to customer service and ability to act quickly and effectively even in extreme situations--commodities prized by all financial services institutions. "

Lance Boxer, CEO of IPC says, "We are pleased by the long-standing, positive relationship that we've established with ING as we continue to lead the industry in providing the most forward-looking solutions and services in the marketplace. IQ/MAX is designed not only to offer the best technology, but to be comprehensive and customizable in order to meet the specific needs of the firm and of the individual trader. Whether it's a full implementation or an upgrade, one of IPC's main goals is to make that transition as seamless, painless and as easy an adjustment as possible."

About ING

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 115,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand. In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients which include life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit www.ing.com.

About IPC

IPC is a leading provider of mission-critical communications solutions to global enterprises. With more than 30 years of expertise, IPC provides its systems and services to the world's largest financial services firms, as well as to public safety; government; power, energy and utility; and transportation organizations. IPC offers its customers a suite of products and enhanced services that includes advanced Voice over IP technology, and integrated network and management services to over 40 countries. Based in New York, IPC has over 1200 employees throughout the Americas, Europe and the Asia Pacific regions. For more information visit www.ipc.com.

Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute "forward looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are risks associated with substantial indebtedness, leverage and debt service, risks relating to the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC.

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