360networks completes and lights network segment linking Rio de Janeiro and Sao Paulo

Apr 25, 2001, 01:00 ET from 360networks inc.

    VANCOUVER and RIO DE JANEIRO, April 25 /PRNewswire/ - 360networks today
 announced the completion and lighting of a major network segment linking Rio
 de Janeiro, Belo Horizonte and Sao Paulo, Brazil. The 1,200-kilometer (750-
 mile) terrestrial route was completed within budget and is scheduled to enter
 commercial service in late May.
     The network segment is part of 360americas, a 29,000-kilometer (18,000-
 mile) undersea and terrestrial network that currently connects the United
 States, Brazil, Venezuela and Bermuda. 360americas will also connect Argentina
 in the third quarter and is scheduled to be complete in early 2002.
     "Starting next month, we will be providing seamless broadband
 connectivity between Brazil, North America and Europe," said Greg Sieg, vice-
 president of operations - Americas. "This is an important network development
 as commerce between Brazil, the Americas and Europe is increasing
 significantly. In fact, we now have a direct link between Brazil and its two
 largest trading partners: the United States and Germany."
     "The lighting of this segment also represents another important step to
 establishing a truly global footprint," Sieg added. "We are well on our way to
 having the only global optical mesh network, providing portable and scalable
 bandwidth across four continents."
     360networks has already sold network capacity on 360americas to a number
 of international customers, including France Telecom, Intelig, Teleglobe,
 Impsat and OptiGlobe.
 
     About 360networks
     360networks (NASDAQ:   TSIX and TSE: TSX) offers network services to
 telecommunications and data-centric organizations. 360networks is developing
 one of the largest and most technologically advanced fiber optic mesh networks
 in the world. By mid-2002, the planned network will span 143,000 kilometers
 (89,000 miles), and link more than 100 major cities with terrestrial routes
 and undersea cable systems joining North America, Europe, South America and
 Asia. 360networks is also developing metropolitan networks in 35 cities
 worldwide. More information is available at www.360.net.
 
     Forward looking statements: This document may contain statements about
 expected future events and financial results that are forward looking in
 nature, and, as a result, are subject to certain risks and uncertainties,
 including general economic and business conditions, and specific conditions
 affecting our sector, including pricing pressures and declining prices; our
 ability to access capital markets to ensure financial liquidity; competition;
 the inability to attract and retain our anticipated customer base; existing
 government regulations and changes in, or the failure to comply with,
 government regulations or obtain required permits or licenses; changes in
 business strategy or development plans; the ability to attract and retain
 qualified personnel; and other factors. Actual results may differ materially
 from those projected by management. For such statements, we claim the safe
 harbor for "forward looking statements" within the meaning of the Private
 Securities Litigation Reform Act of 1995.
 
 

SOURCE 360networks inc.
    VANCOUVER and RIO DE JANEIRO, April 25 /PRNewswire/ - 360networks today
 announced the completion and lighting of a major network segment linking Rio
 de Janeiro, Belo Horizonte and Sao Paulo, Brazil. The 1,200-kilometer (750-
 mile) terrestrial route was completed within budget and is scheduled to enter
 commercial service in late May.
     The network segment is part of 360americas, a 29,000-kilometer (18,000-
 mile) undersea and terrestrial network that currently connects the United
 States, Brazil, Venezuela and Bermuda. 360americas will also connect Argentina
 in the third quarter and is scheduled to be complete in early 2002.
     "Starting next month, we will be providing seamless broadband
 connectivity between Brazil, North America and Europe," said Greg Sieg, vice-
 president of operations - Americas. "This is an important network development
 as commerce between Brazil, the Americas and Europe is increasing
 significantly. In fact, we now have a direct link between Brazil and its two
 largest trading partners: the United States and Germany."
     "The lighting of this segment also represents another important step to
 establishing a truly global footprint," Sieg added. "We are well on our way to
 having the only global optical mesh network, providing portable and scalable
 bandwidth across four continents."
     360networks has already sold network capacity on 360americas to a number
 of international customers, including France Telecom, Intelig, Teleglobe,
 Impsat and OptiGlobe.
 
     About 360networks
     360networks (NASDAQ:   TSIX and TSE: TSX) offers network services to
 telecommunications and data-centric organizations. 360networks is developing
 one of the largest and most technologically advanced fiber optic mesh networks
 in the world. By mid-2002, the planned network will span 143,000 kilometers
 (89,000 miles), and link more than 100 major cities with terrestrial routes
 and undersea cable systems joining North America, Europe, South America and
 Asia. 360networks is also developing metropolitan networks in 35 cities
 worldwide. More information is available at www.360.net.
 
     Forward looking statements: This document may contain statements about
 expected future events and financial results that are forward looking in
 nature, and, as a result, are subject to certain risks and uncertainties,
 including general economic and business conditions, and specific conditions
 affecting our sector, including pricing pressures and declining prices; our
 ability to access capital markets to ensure financial liquidity; competition;
 the inability to attract and retain our anticipated customer base; existing
 government regulations and changes in, or the failure to comply with,
 government regulations or obtain required permits or licenses; changes in
 business strategy or development plans; the ability to attract and retain
 qualified personnel; and other factors. Actual results may differ materially
 from those projected by management. For such statements, we claim the safe
 harbor for "forward looking statements" within the meaning of the Private
 Securities Litigation Reform Act of 1995.
 
 SOURCE 360networks inc.