euNetworks expands its IP¦nex Range of High-Performance Global IP Solutions With Global Crossing

Dublin/Ireland, 04 March 2008 – euNetworks (SGX: H23.SI), owner and operator of one of Europe’s highest capacity fiber networks and provider of mission-critical communication infrastructure and services, today announced that it has expanded its IP¦nex product range. The expansion will bolster the redundancy of its next generation suite of scalable, high-performance, Internet Protocol (IP) solutions through IP Transit provided by Global Crossing (NASDAQ: GLBC).

The industry-wide shift to all IP communications, whether for voice, video or data communications, has created a huge challenge to deliver scalable, high-performance IP access, in a redundant, zero-downtime environment. IP|nex enables corporates, carriers and service providers to harness the power of IP for rapid, low-cost and high-performance access to information and connect regions, customers and partners.

IP|nex simultaneously consolidates multiple IP Transit providers through one connection to the client. It taps into Tier-1 global IP providers including Global Crossing, among others, depending on the client’s requirements. It also delivers real-time optimization of traffic routing for maximum performance and minimal latency through its more than 10,000 peering relationships and customers can enjoy a single service level agreement (SLA), centralized control management, one bill and one point of contact for global IP solutions.

euNetworks can deliver IP|nex door2door through its wholly-owned, low-latency pan-European network. Constructed at a cost of €1.3 billion, euNetworks owns and operates one of Europe’s highest-capacity fiber-optic networks that combines “long-haul” fiber networks (Germany, Netherlands, United Kingdom, France and Belgium) with “last-mile” (Frankfurt, Munich, Berlin, Stuttgart, Hanover, Hamburg, Düsseldorf, Cologne, Paris, Amsterdam, Rotterdam, The Hague, Utrecht, London and Dublin). In addition, IP|nex will be offered via the recently announced euro-one alliance - a collaboration of Europe's leading fiber-optic network providers to deliver infrastructure and next-generation networking solutions connecting Central, Eastern, Western Europe and North America, connecting more than 350 cities through more than 1,000 points of presence.

IP¦nex suite of services include IP Transit for the fastest, most redundant Internet transit and VPN¦nex for fully managed, highly secure, global VPNs.

Global Crossing is one of the leading providers of IP solutions worldwide and operates an integrated global IP-based network, connecting more than 390 cities in 30 countries around the globe. Consequently, customers are not only enabled with euNetworks’ extensive pan-European all-fiber network, but also allied to a secure global IP platform, providing scalable, high performance IP transit connectivity with minimum hop, minimum latency and minimum packet loss - all under the highest industry service level agreements.

Anthony Christie, managing director, EMEA for Global Crossing said: “As operator of the world’s largest, wholly owned, fully converged native IP network, we’re uniquely positioned to deliver to the most exacting requirements demanded by euNetworks and their expanding customer base. We’re delighted that euNetworks has selected Global Crossing as provider of reliable IP Transit.”

Albrecht Kraas, chief technology officer at euNetworks said: “As communications and applications converge, the ability to guarantee high availability becomes critical. euNetworks, through its ownership of an all-fiber network in Europe, is now allied to a multi-homed, highly redundant IP platform delivered by a select blend of Tier 1 providers under a single SLA.”


CONTACT EUNETWORKS:
Ms. Pia Schmitz
Marketing Executive
Phone: + 49 69 90554 0
Email: marketing@euNetworks.com

CONTACT GLOBAL CROSSING:
Press Contacts
Becky Yeamans
Phone: + 1 973 937 0155
Email: PR@globalcrossing.com

Jo Graves
Europe
Phone: + 44 (0) 1256 732387
Email: EuropePR@globalcrossing.com

Analysts/Investors Contact
Suzanne Lipton
Phone: + 1 800 836 0342
Email: glbc@globalcrossing.com

GEN/PR1


ABOUT EUNETWORKS
euNetworks owns and operates one of Europe’s highest capacity fiber networks and provides mission critical communication infrastructure and services to large corporations, carriers, and service providers. Constructed at a cost in excess of €1.3 billion, euNetworks’ all-fiber optic network uniquely combines ”long-haul” inter-city network linking Europe’s largest economies, with high density ”last-mile” metropolitan fiber networks in 15 of Europe’s leading cities. euNetworks was recently awarded the prestigious title of “Best New Entrant” by leading telecommunications publication, Capacity Magazine. The award was granted to euNetworks following their acquisition of a pan-European fiber network thus extending their unique proposition of delivering private fiber networks – an offering the judges felt is of immense value to large corporations and carriers alike. euNetworks is a member of euro-one – a unique collaboration fiber-optic network providers to deliver infrastructure and next generation networking solutions, connecting Eastern, Central and Western Europe and North America (www.euro-one.com). For further information please visit www.euNetworks.com.

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.


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.

This release was published on openPR.