Bill Adiletta Named Chief Information Officer of Global Crossing.Business Editors HAMILTON, Bermuda--(BUSINESS WIRE)--June 20, 2000 Global Crossing Ltd. (Nasdaq:GBLX GBLX Global Crossing Ltd. (stock symbol) ), which is building and operating the world's most advanced global IP-based fiber optic network, announced today that William F. Adiletta has been named Chief Information Officer. Mr. Adiletta joins Global Crossing from IXnet/IPC, acquired by Global Crossing on June 15. Mr. Adiletta will play a key role in the development and management of Global Crossing's corporate information systems and infrastructure. "Bill Adiletta has done an exceptional job at 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. by expanding service capabilities on a global scale to meet the dynamically changing and high-end needs of the financial community," said Gary A. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Global Crossing. "We are pleased to have Bill on board to support the expanding information technology needs of Global Crossing as our organization continues to develop and deliver strategic, value-added products and services for our customers," Mr. Cohen added. Prior to serving as Chief Technology Officer for IXnet and IPC, Mr. Adiletta was president of the Nasdaq Capital Markets division and chief technology officer at OptiMark Technologies, Inc., a developer of trade order matching facilities for global securities markets and exchanges. Mr. Adiletta earned a B.A. degree in Physics from the University of Connecticut The University of Connecticut is the State of Connecticut's land-grant university. It was founded in 1881 and serves more than 27,000 students on its six campuses, including more than 9,000 graduate students in multiple programs. UConn's main campus is in Storrs, Connecticut. and an M.S. in Physics from DePaul University in Chicago. About Global Crossing Global Crossing Ltd. (Nasdaq:GBLX) 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. Global Crossing's subsidiary, GlobalCenter Inc., is a leading Internet service business, and its customers own many of the largest and most densely trafficked sites on the Web. Asia Global Crossing, a joint venture among Global Crossing, Microsoft Corporation (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) and Softbank Corp. (Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. :9984), is building the first pan-Asian broadband IP network to provide broadband and Internet services to the Asia-Pacific region. Global Crossing's operations are headquartered in Hamilton, Bermuda, with principal offices in Los Angeles, California; London, England; Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris CountyGR6. ; 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 ; and Miami, Florida. Visit Global Crossing at www.globalcrossing.com on the Web. Statements made in this press release that state the Company's 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 the Company'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 the Company's filings with the Securities and Exchange Commission. |
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