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Teleglobe Selected by VeriSign to Support Internet Server Cluster; Company to Provide Hosting Services for Internet Resolutions in Australia
[December 05, 2005]

Teleglobe Selected by VeriSign to Support Internet Server Cluster; Company to Provide Hosting Services for Internet Resolutions in Australia


HAMILTON, Bermuda --(Business Wire)-- Dec. 5, 2005 -- Teleglobe International Holdings Ltd. (NASDAQ:TLGB), a leading provider of international telecommunications services to Internet service providers (ISPs), and fixed and mobile network operators, today announced that VeriSign, operator of Internet infrastructure that manages .com and .net, has selected Teleglobe to host a Internet Server Cluster located in Australia, one of VeriSign's 14 planned sites around the globe that will more effectively manage and distribute the world's Internet traffic. The announcement makes Teleglobe one of a select group of companies to host these important Internet infrastructure sites around the world.



The site began live operations on December 3, 2005 and provides Australia's 13.9 million Internet users with enhanced performance, enhanced connection speeds and greater stability. The decision to have Teleglobe host the server cluster is testimony to the breadth and robustness of the Tier 1 Internet service provider's network. VeriSign currently operates a constellation of 18 such Internet sites around the world that monitor and mirror the world's Internet traffic for .com and .net. Earlier in 2005 they announced plans to install 14 sites around the world by the end of 2006. To date, VeriSign has installed additional sites in Korea and China and plans to install another site in Brazil later this year. Teleglobe will now be a key service provider in this effort by hosting the server operations in Australia.

"We're very pleased to be selected by VeriSign to host a Internet server cluster," said Sylvie LaPerriere, Director of Marketing for Data & IP Services at Teleglobe. "It makes us part of a select group of networks that host the key components of the global Internet infrastructure, and it's a responsibility we take very seriously."


Teleglobe is a global Tier 1 Internet service provider and operates the IP backbone AS 6453 which circles the globe. Its MPLS-enabled IP network connects more than 90 countries to the Internet and supports IPv6, the new generation IP protocol. Dedicated international access to Teleglobe's IP backbone is available from virtually any country at bandwidth speeds ranging from 64 Kbps to 10Gbps. Carriers and ISPs can connect to the Teleglobe Internet backbone using access alternatives such as satellite or cable, leased line or local loop, or Ethernet.

Teleglobe's IP network supports a wide variety of advanced data and IP services including global IP transit, international private leased circuits (IPLs), bandwidth capacity, and broadcast services. Teleglobe has ownership in over 100 subsea and terrestrial cable systems and has access to over 40 teleport antennas and transponder capacity serving the Atlantic, Pacific, and Indian Oceans.

About Teleglobe

A wholesale international telecommunications leader, Teleglobe International Holdings Ltd. owns and operates one of the world's largest telecommunications networks, reaching over 240 countries and territories. The company carries over 13 billion minutes of voice traffic every year, has 219 direct and bilateral relationships with the world's leading voice carriers, and is one of the largest providers of satellite capacity connecting the Internet.

Teleglobe delivers its voice, data and IP, and mobile signaling solutions to carriers, ISPs, mobile operators, and other companies worldwide. Its international voice services combine traditional switched and advanced VoIP capabilities, while its data and IP backbone reaches over 90 countries via land, sea, and sky, connecting carriers and large ISPs to content across the planet. And as a pioneer in mobile signaling, Teleglobe offers a range of signaling services, including hosted applications such as managed roaming, and content managed services. Teleglobe is listed on NASDAQ under the symbol TLGB. More information about Teleglobe is available on the company's Web site at www.teleglobe.com.

Forward-looking Statements

Teleglobe has included in this press release forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including all statements concerning future or expected events or results.

Actual results could differ materially from those projected in the companies' forward-looking statements due to numerous known and unknown risks and uncertainties, including, among other things, the risks and uncertainties described in Teleglobe's filings with the Securities and Exchange Commission.

About VeriSign

VeriSign, Inc. (Nasdaq:VRSN), operates intelligent infrastructure services that enable and protect billions of interactions every day across the world's voice and data networks. Additional news and information about the company is available at www.verisign.com and at www.verisign.com.au.

TRADEMARKS

VeriSign, and other trademarks, service marks, and logos are registered or unregistered trademarks of VeriSign and its subsidiaries in the United States and in foreign countries.

Copyright (C) 2005 VeriSign, Inc. All rights reserved.

Forward Looking Statements:

Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the risk that VeriSign's announced strategic relationships, including the relationship described herein, may not result in additional products, services, customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2004 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.

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