BW2113  JAN 02,2001       5:42 PACIFIC      08:42 EASTERN


( BW)(NY-GLOBAL-CROSSING)(GX) Global Crossing Conferencing Product Recognized for its Innovation and Creativity


    Business/Technology Editors

    WESTMINSTER, CO--(BUSINESS WIRE)--Jan. 2, 2001--

- eMeeting(SM) earns honors at TeleCon 2000
- Users can meet at a moment's notice to view and modify documents, presentations and applications
- Customers can audio conference and share data in the same session

    Global Crossing Ltd. (NYSE:GX) recently earned recognition for eMeeting, the industry's first carrier-class integrated audio and web conferencing solution. eMeeting placed second in the Multimedia/Web division of Product Awards at TeleCon 2000 held in Anaheim, CA.
    "We're honored and excited to earn this recognition, " said Jay Homola, Global Crossing Conferencing's Vice President of Marketing. "We're extremely proud of eMeeting and its ability to change the way companies do business. This award demonstrates the recognition eMeeting is gaining in the industry."

    IMCCA (Interactive Multimedia Collaborative Communications Alliance) judged the various products based on:

    Innovation/creativity of solution
    Impact on audience/reach
    Medium applicability
    Cost effectiveness/efficiency
    Overall evaluation

    eMeeting gives participants the ability to hear and see exactly what is being discussed by integrating Global Crossing's on-demand Ready-Access(TM) audio conferencing service with real-time Web-based data collaboration. Users can meet at a moment's notice to view and modify documents, presentations, and share applications...anything on the presenter's or participants' desktop.
    Global Crossing's scalable, reliable and redundant collaboration tool can help improve their bottom line. "eMeeting reduces the need for costly and time consuming travel," said Homola. "Forget about the frustration of cancelled flights or waiting for someone to look at a document and get back to you on it. eMeeting allows work groups globally to conference and collaborate in a single session to work in real-time on projects."
    While reservations are not necessary for an eMeeting, Global Crossing Conferencing is always ready to help. Customer support for the service is available 24 hours a day, seven days a week. Based on the T.120 data conferencing protocol, eMeeting is firewall friendly, enabling users to collaborate with external partners and clients. SSL encryption is used to ensure the privacy of data.

    About Global Crossing

    Global Crossing Ltd. (NYSE: GX) 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 operations are headquartered in Hamilton, Bermuda, with principal offices in Los Angeles, California; London, England; Amsterdam, The Netherlands; Madison, New Jersey; Rochester, New York; Sunnyvale, California; New York, New York; 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.

   --30--kam/ny*

   CONTACT: GLOBAL CROSSING
            Press
            Shelly Tripp, +1 716 777 6110
            shelly_tripp@globalcrossing.com
            or
            Analysts / Investors
            Ken Simril,   +1 310 385 5200
            investors@globalcrossing.com