Storage equipment distributor and storage service provider InTechnology Plc has created LANnet, a new communications network for its Managed Data Services (MDS) customers. The company said the LANnet network will enable companies to send large volumes of data at high speed to its data centers around the UK for backup and archiving.

The company conceded that its service was formerly limited by the quality of conventional communication channels, and said that LANnet solves the problem by offering companies a secure, high-speed data transfer network. Customers can now send data volumes up to 1Gbps via LANnet, according to InTechnology, and some customers can utilize a 10Mbps service connection at a substantially lower cost than current 2Mbps connections.

InTechnology posted a net loss of £4.7m ($7.5m) for the first half to September 30, down from a loss of £5.2m($8.2m), on revenue up 2.8% at £75.9m ($120.7m). When it announced the results, it said it was looking for most growth from its managed data services operation, where first-half revenue almost doubled to £3.7m ($5.9m) at a time of market stagnation. The new network is hoped to boost growth further.

© ComputerWire