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GLOBALCENTER.NET [GlobalCenter, Inc., 1144 East Arques Avenue, Sunnyvale, CA 94086 US] is an arm of Frontier Information
Technologies Inc. [180 South Clinton Avenue, Rochester N.Y, NY 14646
US].
Frontier Information Technologies Inc. was recently
purchased by Global Crossing Ltd., [95 N. Fitzhugh Street, Rochester,
NY 14614-1212 US or 45 Reid Street, Wessex House, Hamilton HM 12,
Bermuda] one of the new "all digital" phone/data networks that have
sprung up over the past few years. Led by CEO
Bob Annunziata,
Global Crossing
is building a large capacity trans-atlantic fiber-optic
network.
In the summer of 1999, Global Crossing announced it was
merging with US West, Inc. but lost out in a battle with Qwest, Inc.
Investors and analysts may contact:
Jensen Chow: 310/385-5283
E-mail: jchow@globalcrossing.com
Investor Hot Line: (310) 385-5270
E-mail: investors@globalcrossing.com
Reporters and editors may contact:
Tom Goff: 310/385-5231
E-mail: tgoff@globalcrossing.com
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