WilTel Enhances Managed Security Portfolio with Counterpane; New Alliance Adds New Services, Increases Flexibility

Business Wire, Sept 12, 2005

TULSA, Okla. & MOUNTAIN VIEW, Calif. -- WilTel Communications announced today that it has enhanced its portfolio of Managed Security Services (MSS) through an alliance with Counterpane Internet Security, Inc., the world's leading protector of networked information and the inventor of outsourced security monitoring.

WilTel is expanding its enterprise security offering of intrusion detection, firewall and vulnerability scanning services to include intrusion prevention and managed e-mail security services. All security services are available either individually or bundled within a complete security solution. Multiple equipment options enable customers to purchase, rent or utilize existing hardware giving them the flexibility to retain control of select portions of their security infrastructure or outsource all of it to WilTel.

"Counterpane enabled the addition of intrusion prevention and managed e-mail security to our security suite to create a comprehensive suite of security services," said Tony Tomae, senior vice president of marketing for WilTel. "The key is providing our enterprise customers with the best possible security solutions, whether they're a large enterprise customer that wants to enhance their in-house capabilities, or a smaller company that requires a completely managed solution."

"The increase of security threats combined with more complex communications needs require constant surveillance of a corporation's distributed network. WilTel's industry leading communications solutions combined with Counterpane's Managed Security Services help customers attain an unprecedented level of availability while providing security for companies with smaller budgets and fewer resources," said Doug Howard, vice president of service and delivery at Counterpane.

WilTel is the wide-area networking specialist for enterprise, carriers, the federal government and media and entertainment companies. WilTel provides enterprise customers with an expanding portfolio of solutions designed to meet specific needs, including extending Ethernet local-area networks (LAN) across the WAN with fully managed security and no need for protocol conversions.

About Counterpane

Counterpane is the world's leading protector of networked information -- the inventor of outsourced security monitoring and the foremost authority on effective mitigation of emerging IT threats. With the most comprehensive view available of global information security events, Counterpane offers customers the earliest possible warning of internal or external threats to their information security and availability, as well as the expert counsel required to successfully mitigate such threats. Counterpane's managed service model and technology products provide information-intensive organizations the security they require to collaborate with ever-increasing numbers of partners, customers, suppliers, investors and government regulators. The company is privately held and headquartered in Mountain View, Calif.

About WilTel Communications

WilTel Communications, LLC, provides a diverse set of data, voice, IP, video, managed and professional services, creating advanced wide-area networking solutions for enterprise, global telecommunications companies, the federal government and media and entertainment companies. WilTel's next-generation network infrastructure reaches border-to-border and coast-to-coast with international connectivity to accommodate global traffic. WilTel Communications, LLC, is the operating subsidiary of WilTel Communications Group, Inc., a wholly owned, indirect subsidiary of Leucadia National Corporation. For more detailed information, visit www.wiltel.com.

This press release may contain "forward-looking statements." Although WilTel believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. WilTel assumes no obligation to update those statements to reflect actual results, changes in assumptions and other factors. The forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those projected. Additional information that could lead to material changes in performance is contained in filings with the Securities and Exchange Commission made by Leucadia.