FiberNet to Open the NASDAQ Stock Market

NEW YORK, May 1 /PRNewswire-FirstCall/ – FiberNet Telecom Group, Inc. (Nasdaq: FTGX), a leading provider of complex interconnection services, announced today that its Board of Directors and senior management team will open the NASDAQ stock market on Friday, May 8, 2009, at 9:30am EDT. President & CEO Jon A. DeLuca will preside over the NASDAQ Opening Bell, which will take place at the NASDAQ MarketSite(R) in New York’s Times Square.

The NASDAQ Stock Market invited FiberNet to the Opening Bell ceremony in honor of its 10th year in business. FiberNet’s shares have been trading on NASDAQ since 2000.

“It is an honor to mark FiberNet’s 10th year by ringing the opening bell at the NASDAQ MarketSite,” said Mr. DeLuca. “I am delighted to share the podium on May 8th with the other members of our executive team, and we appreciate NASDAQ for recognizing this milestone.”

The Opening Bell ceremony will be broadcast live on the seven-story NASDAQ tower, the largest stationary video screen in the world, and it will also be viewable via the FiberNet website located at www.ftgx.com.

About FiberNet Telecom Group, Inc.

Celebrating its 10 year anniversary, FiberNet Telecom Group, Inc. owns and operates integrated interconnection facilities and diverse transport routes in the gateway markets of New York/New Jersey, Los Angeles, Chicago and Miami, 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 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.

SOURCE FiberNet Telecom Group, Inc.