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Global Crossing Secures Key Auditing Review for Latin America Data Centers
Buenos Aires, Argentina - November 12, 2007 -- Global Crossing (NASDAQ: GLBC), a leading IP solutions provider, today announced it has broadened the scope and appeal of its Latin America hosting capabilities by securing critical auditing reviews for data centers in key markets, such as Bogotá, São Paulo and Santiago de Chile.
Statement on Auditing Standards (SAS) 70 review is a widely recognized auditing standard that evaluates the design and operating effectiveness of controls that have specific objectives, such as the security of financial information. This review is especially important to large businesses. It simplifies their auditing processes and potentially can save them time and reduce their costs.
"Global Crossing's datacenter operations are consistent with best practices, so we can use our highly reliable services to help our customers succeed in a global world with increasing demands for strict controls," said Gabriel del Campo, senior vice president of data centers for Global Crossing Latin America and Caribbean. "We adhere to key industry standards that outline processes and procedures for running a data center. These reviews confirm that our data center services are managed in line with these standards, giving us a competitive edge."
SAS 70 review is being increasingly accepted by government organizations and private companies that seek an independent opinion to confirm the effectiveness of a provider's processes and internal controls structure. The audit process was conducted by Ernst & Young and provides Global Crossing's customers immediate access to IT services that operate in a controlled environment.
This SAS 70 review enhances some of the company's customer-oriented solutions like Global Crossing Continuity Solutions and Global Crossing On-Demand Solutions.
Global Crossing offers business solutions that allow customers to focus on their businesses while Global Crossing manages and administers the entire IT infrastructure and network for them. Global Crossing's hosting solutions provide customers housing, equipment, storage, backup and monitoring as well as managed services that free them to run their application or web site.
Global Crossing Continuity Solutions provide preventive tools and redundancy capabilities that keep businesses running or help minimize any potential economic losses caused by an unexpected incident. Interruptions in service could be caused by natural disasters such as hurricanes, earthquakes, or floods, or by social problems, fires or technology problems.
On-Demand Solutions let customers use what they need when they need it, including network capacity, storage, processing power and managed services. They enable customers to respond rapidly and adequately to the demands of their clients or other business opportunities.
ABOUT GLOBAL CROSSING LATIN AMERICA
Global Crossing's Latin American business has operations in Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Peru, Mexico, Venezuela and the United States (Florida). In addition to its IP-based fiber-optic network, Global Crossing's regional infrastructure includes 15 metropolitan networks and 15 advanced hosting centers located in the main business centers of Latin America.
Global Crossing's reach and experience in Latin America allow it to address the particularities of the region and deliver the solutions each company needs. The company provides services to a variety of customers, including large companies and corporations, small and medium businesses, institutions and government entities, and telecommunications operators.
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 390 cities in more than 30 countries worldwide, and delivers services to more than 600 cities in more than 60 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 data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first -- and remains the only -- global communications provider with IPv6 natively deployed in both its private and public backbone networks.
Please visit www.globalcrossing.com or blogs.globalcrossing.com for more information about Global Crossing.
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Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contact
Becky Yeamans
+ 1 973 937 0155
PR@globalcrossing.com
Fernanda Marques
Latin America
+ 55 11 3957 2042
LatAmPR@globalcrossing.com
Jo Graves
Europe
+ 44 (0) 1256 858 403
EuropePR@globalcrossing.com
Analysts/Investors Contact
Suzanne Lipton
+ 1 800 836 0342
glbc@globalcrossing.com
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