Sun Microsystems and GlobalCenter Announce Strategic Alliance To Deliver Advanced Services to Media and Entertainment Industry

Business Wire, August 29, 2000

Business Editors, Technology Writers

PALO ALTO and SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 29, 2000

GlobalCenter and Sun Leverage Expertise and Industry Relationships To

Expand Services For Total Solutions

Sun Microsystems, Inc. (NASDAQ: SUNW), an industry leader in network computing and Internet technologies, and GlobalCenter Inc., a Global Crossing Ltd. (NASDAQ: GBLX) subsidiary and a leading Internet services company, today announced a strategic agreement in which the companies intend to combine efforts and expertise that will enable GlobalCenter to identify and deliver services designed specifically for the media and entertainment industry. This combined effort includes marketing and technology development initiatives. The agreement is based on a non-binding memorandum of understanding and is subject to the negotiation and close of a definitive agreement.

As part of the agreement, GlobalCenter intends to designate Sun as one of its preferred platform providers for services critical to the media and entertainment industry, including storage, software products and server-based solutions. In turn, Sun intends to designate GlobalCenter as a premier provider for these advanced solutions for the media and entertainment industry. The new services would be available through GlobalCenter's sales organization.

"This agreement with Sun strengthens our position as a preferred provider of Internet solutions for the media and entertainment industry. We are dedicated to providing the services, products, infrastructure and performance necessary for these companies to succeed in the new economy," said Leo Hindery, Jr., chairman and CEO of GlobalCenter. "Sun's network computing platform is the logical choice to provide the specialized infrastructure required for entertainment and media services."

"Working together, Sun and GlobalCenter can ease the impact of radical technology shifts on the media and entertainment world and allow companies to stick to their core business," said Ed Zander, president and chief operating officer of Sun Microsystems, Inc. "GlobalCenter understands the unique technology needs of the media and entertainment industry. Using Sun servers, storage and software as the foundation, they can provide a suite of services so these companies can focus on creating content, and not worry about how to manage, store or deliver it over the net."

The agreement builds on GlobalCenter's existing relationship with Sun as an Elite Service Provider. GlobalCenter is also one of the initial members of the SunTone(SM) Certification and Branding Program, one of the industry's first collaborative efforts to define and audit service provider infrastructure, operational practices, and ultimately, overall service delivery to provide the highest levels of performance, security, availability and uptime. GlobalCenter is among the first companies to receive SunTone Certification for its hosting services, allowing GlobalCenter to offer customers a certified reliable, scalable environment.

GlobalCenter's services integrate the latest technology into an outsourcing model that specializes in the four elements critical for e-businesses to succeed in the new economy: connectivity, data centers, on-demand Internet applications and professional services. These services offer GlobalCenter customers reliability, cost-effectiveness, faster time to market advantages and economies in outsourcing, significantly reducing total cost-of-ownership with less capital and fewer internal IT staff requirements.

About Sun Microsystems, Inc.

Since its inception in 1982, a singular vision - The Network Is The Computer[tm] - has propelled Sun Microsystems, Inc. (Nasdaq: SUNW), to its position as a leading provider of industrial-strength hardware, software and services that power the Internet and allow companies worldwide to dot-com their businesses. With $15.7 billion in annual revenues, Sun can be found in more than 170 countries and on the World Wide Web at http://www.sun.com.

About GlobalCenter

GlobalCenter Inc. is a subsidiary of Global Crossing Ltd. (Nasdaq: GBLX). As a leading Internet services company, GlobalCenter delivers an integrated Internet solution designed for scale in the global "e"conomy. By seamlessly integrating its proprietary infrastructure, applications and complex Web hosting, GlobalCenter provides customers the Internet infrastructure necessary to manage complex online enterprises. GlobalCenter's customers include many of the largest and most densely trafficked sites on the Web. Global Crossing is building and offering services over the world's most extensive global IP-based fiber optic network, which will have more than 101,000 route miles, serving five continents, 27 countries, and more than 200 major cities. For more information contact GlobalCenter at www.globalcenter.net or Global Crossing at www.globalcrossing.com.

Statements made in this press release that state Global Crossing's, its subsidiaries' or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause Global Crossing's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in Global Crossing's filings with the Securities and Exchange Commission.