Veraz Networks, Inc., (NASDAQ:VRAZ), a leading provider of Multimedia Generation Network application, control and bandwidth optimization products, today announced that Global Crossing (NASDAQ:GLBC), a leading global IP solutions provider, is using Veraz’s ControlSwitch™ platform to interconnect its networks in several Latin American countries.

Global Crossing is leveraging the highly distributed architecture of the ControlSwitch by placing the call processing elements of the switch in each of its operating countries, while centralizing operational aspects such as billing and element management. By utilizing these capabilities, Global Crossing is significantly simplifying the management of its Latin American network, providing customers with improved response times, and consequently, facilitating a better overall customer experience.

“We conducted an extensive evaluation to assess vendors’ ability to provide a versatile and effective networking solution in our Latin America network,” said Federico La Volpe, operations manager of Voice Solutions for Global Crossing in Latin America. “The flexibility of the Veraz ControlSwitch, its ability to centralize management functions, and its call processing capabilities allow us to better serve our customers with seamless connectivity across the region, while providing Global Crossing with operational efficiency.”

The open interfaces of the ControlSwitch enable Global Crossing to integrate its installed base of media gateways and legacy third-party applications flawlessly into the ControlSwitch, ensuring service continuity to the company’s existing customers and improving its ability to introduce new products and services in a seamless manner.

“This deployment with Global Crossing underscores the value of the ControlSwitch in multi-vendor, multi-national networks,” said Carlos Linares, vice president of sales, CALA, Veraz. “We are pleased to be working with Global Crossing in Latin America and look forward to continuing to support its business needs.”

About Global Crossing (NASDAQ:GLBC)

Global Crossing (NASDAQ:GLBC) is a leading global IP and Ethernet solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice and collaboration services with an industry leading customer experience and delivers service to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries around the world.

Global Crossing serves Latin American businesses through its operations in Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Peru, Mexico, Venezuela, the United States (Florida) and the Caribbean region. In addition to its IP-based, fiber-optic network, Global Crossing’s regional infrastructure includes 15 metropolitan networks and 15 world-class data centers located in the main business centers of Latin America.

Please visit www.globalcrossing.com or http://latamblog.globalcrossing.com/ for more information about Global Crossing.

About Veraz Networks, Inc. (NASDAQ:VRAZ)

Veraz Networks, Inc. (NASDAQ:VRAZ) is the leading provider of application, control, and bandwidth optimization products that enable the evolution to the Multimedia Generation Network (MGN). Using the MGN, fixed and mobile service providers can create, manage and transport application sessions cost-effectively and securely across TDM and IP networks. The open architecture of the MGN allows service providers to extend their existing legacy applications to new all-IP based networks, rapidly add new services that drive revenue and lower session transport costs. Wireline and wireless carriers in more than 80 countries have deployed products from the Veraz MGN portfolio, which includes the ControlSwitch™, Network-adaptive Border Controller, I-Gate 4000 Media Gateways, I-Gate 4000 Session Bandwidth Optimizer, I-Gate 4000 SIP Gateway, VerazView Management System, and a set of prepackaged applications. For more information please visit www.veraznetworks.com.

This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, purchases of ControlSwitch products and services by Global Crossing Americas Solutions and other customers in Latin America, and the potential cost savings associated with the deployment of the ControlSwitch and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Veraz's business is set forth the "Risk Factors" section in our 10-K for the year ended December 31, 2009 and our 10-Q for the quarter ended June 30, 2010 as filed with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at http://www.sec.gov. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

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