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Global Crossing IP VPN Service Upgrades Enhance IP Convergence
- Upgrades include preservation of routing protocols, IPv6 support, a multicast feature, managed VoIP services and dynamic routing for remote VPN.
- IP VPN traffic increases by more than 200 percent.
Florham Park - October 11, 2005 -- Global Crossing (NASDAQ: GLBC) today announced upgrades to its Global Crossing IP VPN Service™, making the service one of the most powerful and versatile managed Internet Protocol Virtual Private Network (IP VPN) solutions available today. The company also announced that its IP VPN traffic has increased by more than 200 percent during the first three quarters of 2005, demonstrating the company's continued execution of its plan to provide converged IP services to global enterprises and the carriers who serve them.
The latest upgrades provide enterprise customers worldwide with improved reliability, performance and flexibility for increased network productivity. This represents the third major enhancement to Global Crossing IP VPN Service, which was launched four years ago and provides customers with the ability to converge data, voice and video services securely through a single IP connection.
"Our managed IP VPN service provides a best-in-class converged IP network environment for increased network efficiencies, while decreasing total cost of ownership and increasing customer productivity," said Anthony Christie, Global Crossing's chief marketing officer. "With these latest enhancements, we continue to demonstrate our leadership in the delivery of advanced IP services."
Global Crossing's IP VPN service has been enhanced to extend an enterprise's routing domains across an MPLS-based IP VPN. This enables enterprises to preserve their existing routing topology and network infrastructure while seamlessly migrating from legacy networks to a converged IP environment.
IP VPN service enhancements also include support of the IPv6 standard. IPv6 simplifies mobile IP networking with improved routing and security capabilities. By enabling devices to automatically configure their Internet connectivity, IPv6 helps support the expected explosion of dynamically connected network devices including PDAs, cell phones, Internet-connected televisions, home security and HVAC systems and "smart" household appliances.
Another new feature is Multicast service -- a bandwidth-conserving technology that reduces traffic by simultaneously delivering a single stream of converged voice, video and data to multiple end-points without additional send/receive requirements. Global Crossing ensures the security and segregation of the IP VPN multicast traffic from other multicast traffic.
New Managed VoIP features enable enterprises to route all IP and TDM voice traffic over the IP VPN for on-net toll by-pass and outbound termination to the public switched telephone network (PSTN) with Global Crossing providing complete management of the on-net dial plan in the router. These two new features support the migration to IP convergence for enterprises with a Managed IP VPN.
Other new features supporting Remote VPN Access include managed network support and dynamic routing that provide a cost-effective business continuity solution for any site connected to Global Crossing IP VPN Service.
Global Crossing IP VPN Service options include Managed Solutions with Managed Network and Managed Security services, hosted RADIUS, flexible pricing and billing, stringent service level agreements (SLAs), and a multilink point-to-point (MLPPP) protocol that can connect multiple access circuits for efficient bandwidth utilization. uCommand®, Global Crossing's industry-leading online account management tool, provides customers secure, instant, anytime access to their IP VPN service and enables them to view network utilization, manage their Hosted RADIUS accounts, and create and track trouble tickets.
"Global Crossing's latest enhancements demonstrate continued innovation and leadership in deploying converged IP services," stated Brian Washburn, principal analyst for business network services at Current Analysis. "The continuous introduction of new IP VPN service capabilities such as managed VoIP and multicast service are examples of features that enable enterprises to realize more value from a converged IP solution, providing a range of benefits."
In operation since 2001 and reaching more than 500 cities, 50 countries and six continents, the MPLS-based IP VPN service runs directly on Global Crossing's worldwide fiber network. The network operates at 99.999 percent availability. Global Crossing's IP VPN offering supports multiple classes of service. In addition to secure data transport, the IP VPN offering provides access to VoIP, IP Video and other IP services, providing a complete platform for managing the transition to IP convergence.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 300 cities and 30 countries worldwide, and delivers services to more than 500 major cities, 50 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of managed data and voice products including Global Crossing IP VPN Service, Global Crossing Managed Services and Global Crossing VoIP services, to more than 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs.
Please visit www.globalcrossing.com for more information about Global Crossing.
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Statements made in this press release that state Global Crossing's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. These statements contain words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "will," "seek," or similar expressions. Such statements are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from those contemplated by the statements, including the conditioning of the company's continued listing on the NASDAQ National Market on its timely filing with the SEC of all periodic reports for all reporting periods ending on or prior to September 30, 2005; the company's history of substantial operating losses and the fact that, in the near term, funds from operations will not satisfy cash requirements; legal and contractual restrictions on the payment of dividends and the inter-company transfer of funds by the company's subsidiaries, including restrictions under the senior secured notes indenture applicable to Global Crossing (UK) Telecommunications Limited ("GCUK"); the likelihood that the prices the company charges for its services will continue to decrease; the company's ability to continue to connect its network to incumbent carriers' networks or maintain Internet peering arrangements on favorable terms; the success of the company's business realignment plan and the realization of anticipated cost savings; the consequences of any inadvertent violation of the company's Network Security Agreement with the U.S. Government; the impact of actual and potential customers' bankruptcies on the company's sales prospects and results of operations; increased competition and pricing pressures resulting from technology advances and regulatory changes; competitive disadvantages relative to competitors with superior resources; the impact on the company's competitiveness of its technology choices; the company's dependence on third parties for many functions; political, legal and other risks due to the company's substantial international operations; risks arising out of the company's material weaknesses in internal controls and possible difficulties and delays in improving such controls; the concentration of GCUK's revenue in a limited number of customers, and the rights of such customers to terminate their contracts or to simply cease purchasing services thereunder; and other risks referenced from time to time in the company's filings with the Securities and Exchange Commission. The company undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Tom Topalian
+ 1 973 937 0154
PR@globalcrossing.com
Kendra Langlie
Latin America
+ 1 305 808 5912
LatAmPR@globalcrossing.com
Mish Desmidt
Europe
+ 44 (0) 1256 732 866
EuropePR@globalcrossing.com
Analysts/Investors Contact
Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com
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