FiberNet Deploys Transcontinental Network Connecting Gateway Cities

Date : 11/07/2007 @ 7:55AM
Source : PR Newswire
Stock : Fibernet Telecom Grp. (MM) (FTGX)
Quote : 11.0  -0.21 (-1.87%) @ 8:00PM
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FiberNet Deploys Transcontinental Network Connecting Gateway Cities

NEW YORK, Nov. 7 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. (NASDAQ:FTGX), a leading provider of complex interconnection services, today announced that it has deployed a transcontinental network connecting its metropolitan networks in New York/New Jersey and Los Angeles. FiberNet customers can now purchase on-net transport services between these key gateway markets.

"The growth of our Network Solutions business warranted this significant network expansion. We will now be able to optimize our network traffic more efficiently, and we will continue to deliver the exemplary customer service and leading installation intervals that are our hallmarks," said Jon A. DeLuca, President and CEO. "This network deployment, together with our recently announced colocation expansion projects, positions us for growth, as we head into 2008."

Utilizing multiple 10.0 Gbps wavelengths in a diverse network architecture, FiberNet is capable of delivering traffic in multiple transmission protocols, including SONET, SDH and Ethernet, with increased speed, capacity and flexibility.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated interconnection facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at http://www.ftgx.com/.

Various remarks that we may make about FiberNet's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in FiberNet's most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission.

DATASOURCE: FiberNet Telecom Group, Inc.

CONTACT: Norma I. Salcido of FiberNet Telecom Group Inc.,

+1-212-405-6210, or

Web site: http://www.ftgx.com/

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