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Teleglobe Promotes Randy Ivey to Vice President of Internet Engineering and Operations.

Business Editors/Hi-Tech Writers

RESTON, Va.--(BUSINESS WIRE)--July 10, 2001

Teleglobe (NYSE, TSE:BCE), the e-World Communications Company, today announced the promotion of Randolph (Randy) Ivey to vice president of Internet engineering and operations.

Ivey, 37, previously served as executive director of Internet engineering and operations. In his new position, Ivey will have responsibility for the company's global IP network including planning, backbone engineering, peering strategy, network deployment and Internet operations. He will continue to report to Stu Verge, executive vice president of global network operations.

"Randy has and will continue to play a vital role in ensuring that Teleglobe's IP network is second to none in delivering advanced IP services to our customers," said Verge. "He has made significant contributions to improve network metrics and raise the standard for critical customer service level agreements (SLAs). The ability to identify and deploy the services our customers require is the lifeblood of our business. Randy's expertise in designing, building, and managing global IP networks combined with his knowledge of customer networking requirements will serve us well."

Ivey joined Teleglobe in November 2000. Earlier he served as director of IP advanced network services, implementation, and global network operations for Cable and Wireless USA. Prior to joining Cable and Wireless in 1998, Ivey held a number of engineering and management positions at MCI WorldCom, including senior manager of network integration and advanced feature implementation. Earlier in his career, he worked for Pacific Bell in broadband engineering, market forecasting, network design engineering, and operations management.

Ivey holds a Bachelor's of Science degree in mechanical engineering, with an emphasis in computer science, from Howard University and a Master's of Science degree in systems management from the College of Notre Dame. He is a former president of the American Society of Mechanical Engineers.

Ivey is located at Teleglobe's headquarters in Reston, Virginia.

Teleglobe, a leading provider of global communications and Internet services, enables its customers to maximize the potential of the Internet through its delivery of hosting services, content distribution and global connectivity.

With a maximum lit capacity of 10 Million+Gbps-miles, 55 major POPs and 600,00 square feet of hosting facilities (year-end 2001) Teleglobe is one of the world's largest international Internet backbones serving a broad base of enterprise, Internet content provider (ICP), Internet service provider (ISP) and carrier customers, Teleglobe is expanding its network with its GlobeSystem initiative, a multi-billion dollar IP network and hosting deployment that will increase current capacity 200 fold and provide a robust platform for portfolio of Internet and data services.

For more information, visit www.teleglobe.com

This release contains information about management's view of Teleglobe's future expectations, plans and prospects that constitute forward looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995.

Actual results may differ materially from those indicated by these forward-looking statements, as a result of a variety of factors including, but not limited to, competitive developments, risks associated with Teleglobe's growth, the development of the Internet market, regulatory risks and other factors that are discussed in Teleglobe's Annual Information Form and other documents periodically filed with the SEC.
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Publication:Business Wire
Date:Jul 10, 2001
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