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Global Crossing Extends Managed Security Services
- Additional best-in-class, proactive Managed Security Services released.
- Industry-leading 10-minute security event notification intervals announced.
- Enhances Global Crossing's growing portfolio of Managed Solutions.
Florham Park, NJ - September 12, 2005 -- Global Crossing (NASDAQ: GLBC) today announced new services as part of its Managed Security Services portfolio, enhancing worldwide core-to-edge secure IP service delivery and performance for demanding business and government customers. Global Crossing Managed Security Services leverage VeriSign Managed Security Services to deliver secure critical converged communications, enhancing reliability and performance for their customers.
"We're expanding our 'Defense in Depth' security approach by delivering proactive security tools that correct problems as they occur," said Anthony Christie, Global Crossing's chief marketing officer. "Customers will derive greater value from their converged IP network environments by leveraging these services to mitigate risk and enhance business processes."
In addition to the previously announced managed firewall and managed intrusion detection services, the following services are now globally available:
- Managed Intrusion Prevention Services keep malicious traffic from interfering with critical business communications through intelligent 24x7 monitoring and network management. Security policies are designed to address each customer's unique needs.
- Managed Vulnerability Protection Services mitigate the risks associated with network environments that connect businesses with their partners and customers. This ongoing, comprehensive vulnerability assessment program monitors both internal and external threats, safeguarding applications and networks, and enabling businesses to better leverage collaborative processes.
- E-mail Security Services help safeguard e-mail as an indispensable business tool and protect it from threats to security and productivity -- such as viruses, worms, Trojans, and spam.
- Host Log Monitoring of customers' critical logs. Customers are alerted to any suspicious behaviors, as mandated by data protection and privacy regulations.
Service level agreements (SLAs) include industry-leading 10-minute notification intervals for high-risk security events for Firewall, Intrusion Detection, Intrusion Protection and Host Log Monitoring services, enabling a more timely reaction for businesses.
"Global Crossing is hitting on all cylinders in the company's current release of its Managed Security Service," stated Counse Broders, Principal Analyst, Internet/Managed Services at Current Analysis. "These feature enhancements position Global Crossing on firm ground as a provider of managed security services, and its 10-minute, security event notification intervals -- backed by SLAs -- have thrown down the gauntlet as the new benchmark for other service providers to emulate."
Global Crossing will continue to launch additional managed security services including anti-phishing and business protection services, which will be available in the fourth quarter of 2005, to further enhance this comprehensive portfolio.
Global Crossing Managed Security Services are a part of the company's growing portfolio of Managed Solutions, which includes managed network services, managed Voice over Internet Protocol (VoIP), and managed IP video. These services can be integrated to simplify the design, ease of management and security of customers' networks, allowing them to refocus their resources on their core business.
Global Crossing delivers highly secure network environments to its customers through a comprehensive set of policies and initiatives. The company is bound by a precedent-setting Network Security Agreement with the U.S. government.
Global Crossing supports global enterprises' adoption of converged IP communications with a fully interoperable suite of services that leverages the company's unique global footprint. Coupled with a customized transition path that helps integrate legacy solutions and lower total cost of ownership, the robust set of services delivers flexibility, reliability, security and scalability. The company backs its global converged IP offer with 24x7 worldwide support and a proactive commitment to customer satisfaction.
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 the company'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
Catherine Berthier
+ 1 646-862-8514
PR@globalcrossing.com
Analysts/Investors Contact
Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com
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