Palo Alto, Calif. -- The Silicon Valley World Internet Center (www.worldinternetcenter.com) today announced that Cable & Wireless (www.cw.com), the worldwide telecommunications group, has become the Center's newest corporate sponsor, joining an elite group of global technology companies, including Amdocs, Deutsche Telekom, Fujitsu, IBM, SAP and Sun, which are collaborating at the Center to advance the Internet economy.

As part of Cable & Wireless' strategy to increase visibility in key markets around the world and strategic communications with existing and new partners, the company has chosen to take advantage of the networking, branding and partnership opportunities, as well as the knowledge exchange and innovation, available through the Center, its sponsors and services.

As a leading global provider of data and IP (Internet Protocol) solutions to businesses and a major carrier of the world's Internet traffic, Cable & Wireless participation in the Center is a natural extension of the company's commitment to delivering the Internet promise. Cable & Wireless, which operates twenty-three data centers around the world including a state-of-the-art data center in Santa Clara, is firmly committed to being an active participant in Silicon Valley, a leading center of Internet innovation.

"Cable & Wireless is very excited about being a part of the Center and looks forward to participating in the collaborative environment that only the Center provides," said Dr. Marguerite Raaen, senior vice president of worldwide e-enablement for Cable & Wireless. "The Internet is a true agent of change, and through the Center Cable & Wireless will engage an innovative eBusiness community that can provide insights into new markets and technologies and strengthen relationships with vital business partners."

As an executive sponsor, Cable & Wireless will also showcase its IP services and solutions and perspective on market trends to Center participants, hold panel discussions with sponsors and other Internet thought leaders, and participate in customer showcases and special events. Cable & Wireless will also be a regular participant at the Center's weekly open meetings.

About Cable & Wireless
Cable & Wireless is a major worldwide telecommunications business with revenue of over £8 billion (US$11 billion) in the year to March 31, 2001 and customers in 70 countries. Cable & Wireless' focus for future growth is on IP (Internet protocol), data services, and solutions for business customers. It is developing advanced IP networks and value-added services in the US, Europe and the Asia-Pacific region in support of this strategy. With the capability of its global IP infrastructure and its strength in key markets, Cable & Wireless holds a unique position in terms of global coverage and services to business customers. For more information about Cable & Wireless, go to www.cw.com.

Silicon Valley World Internet Center
The Center is a privately held, for-profit corporation, which focuses on the advancement of Internet-related eMarkets, technologies, people, and ideas through the collaborative exchange of knowledge. The Center is located in the heart of Silicon Valley and works on behalf of its clients to develop programs specific to the expanding Internet economy. As a multi-corporate, third party venue, the Center provides a physical and virtual forum for collaboration among technology leaders and key end-users. The Center focuses primarily on the areas of eBusiness, eServices and wireless communication.