Hamilton, Bermuda - 2 May, 2001 - Global Crossing Ltd., which is building and offering services over the world's most extensive, global IP-based fiber optic network, today announced it will deploy Cisco's new 12410 and 12416 Internet routers on its IP backbone to provide critical OC-192 speeds. Global Crossing will be the first carrier to deploy OC-192 service across its entire global IP backbone.
Global Crossing is experiencing increased demand for its bandwidth service. These new Cisco platforms will allow Global Crossing to scale its network to core optical speeds and to provide the bandwidth necessary for next-generation IP services such as MPLS-based VPNs, IP QoS, and Voice over IP (VoIP). The ability to scale easily to OC-192 also positions Global Crossing to continue to enhance and advance its network, including the eventual deployment of OC-768 speeds.
"We chose Cisco to help us build our global network because their routers deliver performance, scalability and investment protection," explained Wally Dawson, Global Crossing's executive vice president of Global Network. "These new routers provide us with a common platform to quickly deploy services without disruption."
The flagship Cisco 12000 series Internet routers are based on a unique distributed architecture that delivers the IP+Optical networking foundation and service building blocks to accelerate the evolution of the Internet. The Cisco 12400 family delivers the highest levels of scalability and performance available today. They are also the only systems capable of guaranteeing high priority packet delivery, which is critical to meet customers' increasing need for delivery of premium IP services. This innovative combination of features and capabilities make the Cisco 12400 family the premier platform for building true 10Gbps OC-192/STM-64 IP+Optical infrastructures.
"We are pleased to have been selected by Global Crossing to deploy OC-192 service across its entire global IP backbone," said Roland Acra, vice president and general manager, Public Carrier IP Group at Cisco. "Global Crossing will be well positioned to offer customers significant opportunities for high-end value-added services, once again delivering on its commitment to provide customers with leading-edge technology."
About Cisco
Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet. News and information are available at www.cisco.com.
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About Global Crossing
Global Crossing Ltd. (NYSE: GX) provides integrated telecommunications solutions over the world's most extensive global IP-based fiber-optic network, which will have over 100,000 route miles, reaching 27 countries and more than 200 major cities by mid-2001. Global Crossing serves many of the world's largest corporations, providing a full range of managed data and voice products and services. Global Crossing operates throughout the Americas, Europe, and the Asia/Pacific region, and provides services in Asia through its subsidiary, Asia Global Crossing. Global Crossing Solutions provides integrated telecommunications solutions, including network outsourcing, to large global enterprises. Please visit www.globalcrossing.com or www.asiaglobalcrossing.com for more information.
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Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
CONTACT GLOBAL CROSSING
Analysts / Investors
Ken Simril
310 385 3882
investors@globalcrossing.com
Press
Mary Catharine Moore
716 777 6403
mary.moore@globalcrossing.com
CONTACT CISCO
Investor Relations
Roberta DeTata
408 527 6388
rdetata@cisco.com
Press
Martina Moscone
408 853 6849
mmoscone@cisco.com