Smithsonian Libraries Director Nancy E. Gwinn noted, "This year-long Smithsonian Libraries' show will inform today's Internet users about the little known history behind the birth of global communications back in 1851. It will be surprising to many that the online version of "The Underwater Web" will be carried to countries around the world on the very same underwater cables looked at in this exhibition. We are grateful for TyCom's generous support of this show and are confident that it will be a great success."
"We are honored to play a major role in developing and funding this exhibit," said Neil Garvey, President and CEO of TyCom. "There have been tremendous advances made in telecommunications since the first underwater cables were laid, and it's exciting to see the chronology of developments so well-presented. As a pioneer and a leader in our industry, we are pleased to support the Smithsonian in putting together this exhibit."
Bernard S. Finn, curator of electricity collections at the Museum of American History, and guest curator for "The Underwater Web: Cabling the Seas" exhibition, assembled objects from the museum's collections as well as items donated by TyCom. Among the TyCom contributions are lengths of cable manufactured by the company for various systems, undersea optical amplifier equipment, and photographs and video footage of the undersea cable installation process.
Members of TyCom management will be attending a special reception held the evening of March 22nd for the opening of the exhibit. Those invited include Smithsonian Regents, representatives of the Smithsonian Corporate Membership program, as well as representatives of various trade and professional associations headquartered in Washington, D.C. A press preview will be held on Tuesday, March 20th at 9:00 a.m. An online version of the exhibition may be viewed at www.sil.si.edu.
ABOUT TYCOM LTD.
TyCom Ltd. (NYSE: TCM; BSX: TCM), with 2000 revenues of $2.54 billion, is one of the world's largest providers of advanced broadband communications capacity, systems and services. TyCom is a leading fully integrated supplier of transoceanic fiber optic systems, is the recognized world leader in undersea technology development and application, and operates one of the world's largest fleets of cable ships. To meet growing demand, the Company is also deploying and selling capacity on the TyCom Global Network. TyCom's parent company is Tyco International Ltd. (NYSE: TYC; LSE: TYI; BSX: TYC). For more information on TyCom, visit www.tycomltd.com.
ABOUT TYCO INTERNATIONAL LTD.
Tyco International Ltd. (NYSE: TYC; LSE: TYI; BSX: TYC) is a diversified manufacturing and service company. Tyco is the world's largest manufacturer and servicer of electrical and electronic components; the world's largest designer, manufacturer, installer and servicer of undersea telecommunications systems; the world's largest manufacturer, installer and provider of fire protection systems and electronic security services, and the world's largest manufacturer of flow control valves. Tyco also holds strong leadership positions in disposable medical products, diagnostic imaging, bulk pharmaceuticals, wound closure, plastics and adhesives. Tyco operates in more than 100 countries and had fiscal 2000 sales of $28.9 billion.
FORWARD LOOKING STATEMENT
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained in the forward-looking statements.
The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the timing of construction and the successful operation of the TyCom Global Network, changes in telecommunications technology, changes in demand for bandwidth capacity, receipt of necessary licenses and regulatory approvals, competitive factors in the undersea fiber optic cable industry and in the telecommunications industry generally, overall economic and business conditions, the buy-back of TyCom common shares, changes in the regulatory environment, the outcome of litigation, risks associated with conducting business in international markets, and other risks described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2000, filed with the SEC. TyCom is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.