Tyco Submarine Systems Ltd. Selected as Sole Supplier

for Worldwide Fiber Inc. / $630 Million Dollar TransatlanticCable Project Hibernia MORRISTOWN, N.J. (PROTEXT) - Tyco Submarine Systems Ltd.(TSSL) announced today that Worldwide Fiber Inc. (WFI) hadselected TSSL as the sole supplier for their transatlantic cableproject called "Hibernia." A funded "instruction to proceed"(ITP) has been executed, and a final contract is now beingcompleted. This supply contract will have an initial value of$630 million US dollars. Hibernia intends to have landing pointsin Canada, Scotland, Ireland, England and the United States. Theundersea cable system will be installed by TSSL, and Hiberniawill be the first transatlantic subsea ring network structure inservice, utilizing 32 wavelengths at 10 Gb/s per fiber pair.Hibernia will have a planned wet plant ready capacity on eachsegment of 1.28 terabits/sec. Hibernia will be a 12,200 kilometer undersea cable systemwhich will utilize the most advanced Dense Wave DivisionMultiplexing (DWDM) fiber optic technology available. HiberniaSystem is planned for completion in January 2001. As a self-healing SDH ring network, Hibernia will offer initial capacity of160 Gb/s on each segment, and can be upgraded to a final capacityof 1.28 Tb/s on each segment using DWDM technology on each fiberpair. The undersea plant will utilize a 4-fiber pair, state ofthe art, repeatered system technology. Worldwide Fiber, Inc. is a facilities based provider oftechnologically advanced, high-bandwidth fiber opticcommunications infrastructure in North America. Over the last 12years WFI has designed, engineered, developed and constructedcommunication networks first as the Ledcor Industries Ltd.telecommunications division and, since May 1998, as a separatesubsidiary. WFI is currently developing an 11,000-mile North Americanfiber optic communications infrastructure (2,700 miles existing),and expects to complete an additional 4,500 route miles in 1999.The Company and its subsidiaries, including Worldwide FiberNetworks Inc. of Denver, Colorado, are building the Network tomeet the facilities requirements of communications carriers,Internet service providers, and corporations with enterprisenetwork needs and to satisfy the increasing demand generated byhigh-bandwidth data, voice and video communications. Hiberniawill now provide to WFI's customer, European connectivity bytransoceanic, subsea fiber optic networks. "We are extremely pleased to be selected as WFI's supplier forthis transatlantic subsea telecommunication fiber optic network.Worldwide Fiber is a clear example of the next generation ofsuccessful businesses with vision and the commitment to providetheir customers with true global connectivity" stated Neil GarveyPresident of TSSL. He continued, "WFI is a dynamic corporateentity with professionals covering the full range of expertiserequired to develop a successful global network. We truly lookforward to working closely with them on Hibernia and in thefuture." Due to the importance of time to market, WFI concluded the ITPto facilitate the delivery of its transatlantic capability byearly 2001. During the next 60 days WFI expects to conclude aSupply Agreement with TSSL. During this period WFI alsoanticipates concluding; definitive agreements with equityparticipants in North America and Europe; agreements reference anoperating relationship with a backhaul provider in Europe, andinitial commitments for project finance for its transatlanticdevelopment. Larry Olsen, Vice Chairman and CFO of WFI stated, "Thistransatlantic project represents an important step for WFI as wecontinue to develop fiber optic networks and extend the reach andconnectivity of these networks for both our customers, our co-development partners, and our own retained capacity." WorldwideFiber selected TSSL after a comprehensive assessment of suppliersled by the WFI marine division. Tyco Submarine Systems Ltd., a wholly owned subsidiary of TycoInternational Ltd. (NYSE: TYC), is an independent supplier ofundersea communications systems and services. TSSL owns andoperates a fleet of world class cable ships for the installationand maintenance of undersea communication network systems.Leading edge fiber optic technology is provided by theinternationally distinguished TSSL Labs located in Eatontown, NewJersey. The completely integrated manufacturing capabilities ofTSSL are highlighted by cable, repeater and transmissionequipment manufacturing facilities located in New Hampshire, NewJersey and Virginia. TSSL has combined these capabilities tosuccessfully complete 85 undersea fiber optic networks, in excessof 350,000 kilometers of fiber optic cable connecting over 100countries. For more information on TSSL or Tyco Internationalplease visit the websites listed below: Tyco International Ltd.: http://www.tycoint.com Tyco Submarine Systems Ltd.: http://www.submarinesystems.comots Original Text Service: Tyco Submarine Systems Ltd. Internet:http://www.newsaktuell.de Contact: Jim Brennan, Global MarketingManaging Director of Tyco Submarine Systems Ltd.,jbrennan@submarinesystems.com, or 973-656-8124 Web site:http://www.tycoint.com Web site: http://www.submarinesystems.com

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