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FiberNet Expands to Chicago and Miami

November 11, 2008

NEW YORK, Nov. 11 /PRNewswire-FirstCall/ — FiberNet Telecom Group, Inc. , a leading provider of complex interconnection services, today announced it has extended its network reach to Chicago and Miami. The newly deployed networks are an element of the Company’s previously announced four-part network expansion project that also includes increasing its network capacity in the NY metro market; deploying additional capacity in Los Angeles; extending the network to San Francisco; and augmenting its metro Ethernet network.

“Network expansion into these critical markets was of prime importance for us,” said John P. Dowd, Vice President of Business Development. “With these extensions, we can now meet our customers’ demand for expanded network reach.”

Continuing on FiberNet’s core strategy of interconnecting key carrier hotels, the network nodes for the Chicago and Miami extensions are located at 350 E. Cermack Road in Chicago and 50 N.E. 9th Street in Miami. Each network extension is fully interconnected with all of FiberNet’s data centers and colocation facilities, including the 60 Hudson Street Meet-Me-Room in New York. And both are comprised of multiple wavelengths to deliver FiberNet’s full suite of transport and conversion services.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated colocation 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.

FiberNet Telecom Group, Inc.

CONTACT: Norma I. Salcido of FiberNet Telecom Group, Inc.,+1-212-405-6210, norma.salcido@ftgx.com

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




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