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Fibertech Networks Signs First International Carrier; Will Provide Hibernia Atlantic With U.S. Network Connections

Posted on: Monday, 2 April 2007, 12:00 CDT

Fibertech Networks, LLC, a leader in providing metropolitan bandwidth services in mid-size U.S. cities, today announced it has signed its first international carrier. Fibertech will provide metro connections in Connecticut to Hibernia Atlantic, the only diverse trans-Atlantic transport provider. Financial terms of the contract were not disclosed.

Under the five-year contract, Fibertech will connect Hibernia Atlantic to the Fibertech metro network in Stamford, CT. This will allow Hibernia Atlantic to provide its New York City customers the network diversity and back-up connections needed to inbound and outbound trans-Atlantic traffic. The company has built over a dozen other Points of Presence within this northeast corridor, to further service its latest customer acquisitions, including household names in the communications and financial sectors, who demand quality network security.

"Today's enterprise clients and global carriers must have diverse and redundant network paths for their business-critical communications traffic," said Bjarni Thorvardarson, the CEO of Hibernia Atlantic. "By utilizing network connections from Fibertech, we increase the speed to market of our dedicated Ethernet and optical services in the Northeast corridor of the U.S."

"We're delighted that Hibernia has chosen Fibertech for their metro network needs in Connecticut," said Fibertech President and CEO John K. Purcell. "As the only diverse trans-Atlantic network provider, Hibernia is well positioned to serve multi-national carriers and global enterprise customers' growing need for reliable broadband connectivity."

The deployment of these circuits in Stamford is part of Hibernia Atlantic's international initiative to increase its critical network connections between large carrier hotels and their respective metro markets. To view Hibernia Atlantic's International Network map, please visit www.hiberniaatlantic.com/map.html.

In addition to its Stamford network, Fibertech has networks operational in 20 other metro markets including Syracuse, Rochester, Buffalo, Binghamton, White Plains and Albany, NY, Wilmington, DE, Indianapolis, Columbus, OH, Hartford, Stamford, Bridgeport, New London, and New Haven, CT, Pittsburgh, Providence, RI, Montgomery County, MD, Concord, NH and Worcester and Springfield, MA.

About Hibernia Atlantic:

The Hibernia Atlantic network provides "Security through Diversity" to European and US customers with direct trans-Atlantic connectivity, at competitive prices, with unparalleled support and service. Hibernia Atlantic's redundant rings include access to Dublin, Manchester, London, Amsterdam, Brussels, Frankfurt, Paris, New York City, White Plains, Stamford, Newark, Ashburn, Boston, Albany, Halifax, Montreal and more. Hibernia Atlantic is the fastest way to communicate across the Atlantic, providing dedicated Ethernet and optical level service up to GigE, 10G and LanPhy wavelengths. Hibernia Atlantic's cutting-edge network technology allows enterprise customers, carriers and wholesale customers reliable, next-generation bundled services at affordable prices. Hibernia Atlantic is a privately-held, US-owned trans-Atlantic submarine cable, established in 2001 by Columbia Ventures Corporation (CVC). Fore more information or a complete network map, please visit www.hiberniaatlantic.com.

About Fibertech Networks

Headquartered in Rochester, NY, Fibertech Networks is a leading provider of metropolitan bandwidth services in mid-size U.S. cities. The company was recently recognized among metro-specific, fiber-based providers as the "Best-In-Class Service Partner" for retail business customers by Atlantic ACM in its 2006 Metro Report Card.

Founded in 2000 and privately held, Fibertech investors are led by Nautic Partners of Providence, RI, and Banc of America Capital Investors of Charlotte, NC. Further information about the company can be found at www.fibertech.com.

Source: Business Wire

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