Last Mile Connections Launches the LMC Exchange Pro(SM), the First Access Management Community Platform

Date : 05/31/2006 @ 12:15PM
Source : PR Newswire
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Last Mile Connections Launches the LMC Exchange Pro(SM), the First Access Management Community Platform

JERSEY CITY, N.J., May 31 /PRNewswire/ -- Last Mile Connections (LMC), the premier bandwidth exchange and solutions provider for Last Mile Connectivity, announces today it is now offering the LMC Exchange Pro(sm), the first client- controlled platform enabling clients to maintain complete buying control while managing and procuring their bandwidth services. Members can customize the platform to quote and auction privately with their preferred carrier suppliers.

In contrast to buying and selling using LMC traders on the public LMC Exchange e-marketplace, the LMC Exchange Pro customers maintain control of their valuable direct carrier relationships and use the branded Exchange Pro platform to lower their network access costs. Customers directly manage an unlimited number of their approved carrier suppliers or "members", located anywhere in the world. The unique, customer interface includes network locations, preferred sellers and fixed-pricing rates. In addition, Exchange Pro customers can access the first, real-time, location look-up, revealing the competitive providers available in a selected location anywhere in the United States, the local serving office (LSO) for the incumbent local carrier and the proximity to any customer's network locations and carrier hotels.

Exchange Pro customers can place Request for Quotes (RFQs) in a standardized format to its preferred sellers via an auction bidding process. With just a few clicks, customers can award Request for Services (RFSs), and report on all seller relationships, pricing and ordering immediately. The Exchange Pro also maintains a history of all the customers' quotes to help users build on their own pricing database, for future reference and ease of use. The unique online reverse auction system, enabled by Exchange Pro, creates an effective effervescence among the customer's suppliers to deliver true market pricing in record time.

"It is becoming mission critical for carriers to have the ability to operate an instant, online automated system which can provide carrier on-net building data while simultaneously managing quotes and orders," states Andrew Morawski, President of Telstra Incorporated. "The LMC Exchange Pro(sm) is a valuable and efficient resource tool for Telstra Incorporated."

"The LMC Exchange Pro is the perfect answer to our sophisticated customers who desire to benefit from our e-marketplace while keeping full control of their carrier relationships with assorted agreements and their direct ordering and provisioning process," states James Martino, President and CEO of Last Mile Connections. "Exchange Pro customers manage their own preferred sellers and for out-of-markets requests, they still have the option to benefit from the LMC Exchange community of 150 network-based suppliers."

The LMC Exchange Pro customized platform includes first-to-the-industry technology, including location services, pricing intelligence, quoting management, procurement applications and seller management services.

About Last Mile Connections

Last Mile Connections provides new and innovative ways for bandwidth intensive users to buy network interconnection bandwidth. With the LMC Exchange(sm) and 12 carrier neutral colocation centers in New York, Chicago, Dallas, Atlanta, Miami, Los Angeles, and Washington DC, Last Mile Connections brings together buyers and sellers more efficiently than ever before. For addition information on Last Mile Connections visit http://www.lastmileconnections.com/.

About Telstra Incorporated

Telstra Incorporated is the U.S. subsidiary of the Australian-based Tier 1 global carrier, Telstra Corporation Limited. Telstra Corporation Limited (NYSE:TLS) is Australia's leading domestic and global full service telecommunications provider and the operator of one of the most diversely routed IP backbone networks in the Asia Pacific region. Telstra owns one of the most technologically advanced global networks, offering an extensive portfolio of state-of-the-art solutions to global customers including voice, mobile, broadband, IP, MPLS and managed services. Telstra provides innovative solutions to 200 of the world's top 500 companies in Asia Pacific, Latin America, North America and Europe. For further information, visit http://www.telstra-usa.com/.

For additional information, please contact: Jaymie Scotto P: 201.839.0177

Tricia GaNun Telstra Incorporated 917-945-0516

DATASOURCE: Last Mile Connections

CONTACT: Jaymie Scotto, +1-201-839-0177, , or

Tricia GaNun, Telstra Incorporated, +1-917-945-0516,

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

http://www.telstra-usa.com/

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