"Global Crossing Financial Markets" Group Formed by Global Crossing.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 3, 2001 IXnet and IPC (1) (InterProcess Communication) The exchange of data between one program and another either within the same computer or over a network. It implies a protocol that guarantees a response to a request. Are Integrated and Renamed Financial Markets Expertise and Focus Enables Global Solutions Global Crossing Ltd. (NYSE NYSE See: New York Stock Exchange : GX), which is building the world's most extensive IP-based optical fiber network, today announced the formation of Global Crossing Financial Markets, bringing its subsidiaries IXnet and IPC into a single group dedicated to providing global network services and solutions to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. IXnet's global Extranet and IPC's market-leading trading systems are being integrated with Global Crossing's unmatched, seamless optical fiber IP network to deliver a full range of network services and solutions to the global financial community. "This newly named group brings together the resources and skills of three highly successful, rapidly expanding enterprises," said Tom Casey, Chief Executive Officer of Global Crossing. "We are proud to provide the finest financial institutions in the world, most of whom are already using our network, even more value through this, customer-driven group specifically dedicated to serve the global financial community." Casey continued, "We have essentially integrated the IXnet network and our companies over the last several months and now are uniquely positioned to deliver full solutions to some of the most demanding corporations on the planet. Global Crossing Financial Markets combines financial services industry expertise with the power of our global network." Global Crossing acquired IXnet and IPC in June, 2000. IXnet provides a high-performance global Extranet designed exclusively for the financial community. IPC Trading Systems' patented digital Alliance MX(TM) is the most widely installed voice trading system in the world. IPC's comprehensive portfolio also includes the IQMX(TM) next-generation trading system, TradeSmart CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. (TM) Solutions, infrastructure solutions, and complete customer care programs. With users in more than 44 financial centers worldwide, more than 1,500 customer access nodes, and over 100,000 trading system desktops in place, Global Crossing Financial Markets now serves over 2,000 of the world's top financial firms. About Global Crossing: Global Crossing Ltd. 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 The number of miles that are spanned by a telecommunications network. It does not include combined wire mileage due to multiple wires or fibers within a single cable or by overlapping segments, just the total geographic distance between cities or other terminal points. , serving five continents, 27 countries and more than 200 major cities. Global Crossing's operations are headquartered in Hamilton, Bermuda, with principal offices in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California; London, England; Amsterdam, The Netherlands; Madison, New Jersey Madison is a borough in Morris County, New Jersey, in the United States. As of the United States 2000 Census, the population was 16,530. It also is known as, "The Rose City. ; New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York; Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or ; Dublin, Ireland and Miami, Florida “Miami” redirects here. For the Native American tribe, see Miami tribe. Miami is a major city in southeastern Florida, in the United States. It is the county seat of Miami-Dade County. Miami is a gamma world city with an estimated population of 404,048. . Visit Global Crossing at www.globalcrossing.com on the Web. Global Crossing Financial Markets provides a high-performance global Extranet designed for the financial community and related service providers. With users in more than 44 financial centers worldwide and more than 1,500 customer access nodes, Global Crossing Financial Markets serves over 1,200 of the world's top financial firms. Global Crossing Financial Market's offering also includes IPC Trading Systems IPC's patented digital Alliance MX(TM) is the most widely installed voice trading system in the world. IPC's comprehensive portfolio also includes the IQMX(TM) next-generation trading system, TradeSmart CTI(TM) Solutions, infrastructure solutions, and complete customer care programs. IPC focuses exclusively on the financial trading environment, designing, manufacturing, installing, and servicing products that allow traders to communicate with each other instantly and reliably. This press release may contain forward-looking information, including statements regarding strategic direction. These comments constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. (within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995) which involve significant risks and uncertainties. Actual results may differ materially from the information discussed in these forward looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements are general economic conditions, competition, potential technology changes, changes in or the lack of anticipated changes in the regulatory environment in various countries, the ability to secure partnership or joint-venture relationships with other entities, the ability to raise additional capital to finance expansion, and the risks inherent in new product and service introductions and the entry into new geographic markets. |
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