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FTGX - FiberNet Launches Ethernet Network for Metro Transport and Direct Internet Access Services
PR Newswire - September 13, 2004 07:45
New Products Answer Growing Market Demand For Data and IP Services


NEW YORK, Sep 13, 2004 /PRNewswire-FirstCall via COMTEX/ -- FiberNet Telecom Group, Inc. (Nasdaq: FTGX), a leading provider of managed network services, today deployed a new optical Metro Ethernet Transport and IP MPLS network for its new Metro Ethernet Transport and Dedicated Internet Access services. These new services are designed to address carrier and enterprise market demands for data and IP connectivity needs.

Michael Liss, President and CEO, said, "Our new Ethernet network and suite of Ethernet and IP services represent the next step in the evolution of FiberNet as a provider of managed network services. We have deployed a native Ethernet network that will serve as a powerful platform for offering our growing customer base, new Layer 2 and Layer 3 services that help them take advantage of developing market opportunities."

"The industry is rapidly gravitating to Ethernet and IP-based services, and we are pleased to lead the charge by providing Ethernet and Dedicated Internet Access with the same high quality service and reliability that our customers have come to expect from FiberNet for private line and TDM transport needs."

Launching this network opens the door to a new market and new suite of services for FiberNet. Beginning with Metro Ethernet Transport and Direct Internet Access, FiberNet is enabling its customers to provide emerging data services. Recognizing that its customers' needs are growing towards IP services such as VoIP and Internet Peering, FiberNet is building the foundation to fulfil these customer requests with the initial deployment of this network.

Metro Ethernet Transport:

FiberNet's new Metro Ethernet Transport services provide dedicated, committed point-to-point or multipoint Ethernet bandwidth to create networks with exceptional scalability and flexibility. This new service is suited for multiple applications such as Dedicated Internet Access, Distributed Peering, VPNs, Transparent LANs and other inter-office connectivity.

Rather than convert traffic from Ethernet to a TDM transmission protocol, FiberNet's service will transport customers' traffic through its network in its native Ethernet form. In doing so, FiberNet's customers benefit from the savings of using only Ethernet cards, switches, and network management.

Ethernet network nodes have been deployed in major points of presence in New York City and New Jersey for IP peering and transit, including 60 Hudson Street, 111 8th Avenue, 165 Halsey Street, 25 Broadway and 32 Avenue of the Americas; FiberNet's colocation facilities within these buildings, including the 60 Hudson Street Meet-Me-Room, are also Ethernet and IP-enabled.

Flexibility is the hallmark of this service. FiberNet customers will have bandwidth available in flexible, granular increments for Fast Ethernet and Gigabit Ethernet interfaces. Fast Ethernet is available in 10 Mbps increments up to 100 Mbps and Gigabit Ethernet is available in 100 Mbps increments up to 1,000 Mbps. Both have lower levels of granularity available upon request. These flexible bandwidth options are apt for customers who have outgrown a T-1 but whose usage cannot justify the full line rate of 100 Mbps Fast Ethernet. Additional technical capabilities of FiberNet's Metro Ethernet Transport services include large packet sizes to accommodate jumbo-sized frames in addition to typical packet sizes ranging from 56 to 9000 bytes.

FiberNet's Metro Ethernet Transport services provide innovative provisioning flexibility by offering both burstable usage and flat rate circuits. Customers selecting burstable plans can agree to pay for a committed information rate of bandwidth and can increase their bandwidth usage by bursting above their committed rates. FiberNet's burstable option is customized for customers with dynamic data applications and high peak levels of usage during certain application cycles.

Flat rate circuits are appropriate for customers that purchase bandwidth in granular increments and cap their usage at a maximum rate. Customers choosing flat rate plans can have their usage increased remotely, without an additional investment in ports, cards, physical technical presence, or truck rolls, at FiberNet's industry-leading provisioning intervals.

Flexible connectivity options are also available, allowing customers to create point-to-point or multipoint-to-multipoint VLAN circuits. Fibernet supports both untagged and 802.1q tagged VLANs, and multiple VLANs can be configured out of one port. Using FiberNet's multipoint option, customers can connect multiple locations utilizing only one port in each location.

FiberNet's Metro Ethernet Transport services transport customer traffic over a switched native Gigabit Ethernet over DWDM network. This network topology provides a cost-effective solution while maintaining the highest standards of survivability, reliability, and protection with diversely routed paths and Rapid Spanning Tree Protocol. FiberNet's Metro Ethernet Transport network is backed by a robust SLA providing guarantees for latency, availability, and Ethernet frame delivery.

Dedicated Internet Access:

Leveraging its investment in a new, robust optical Metro Ethernet Transport and IP MPLS network, FiberNet is also introducing its new Dedicated Internet Access service. The new service provides enterprise and carrier customers with access to the global Internet via multiple, redundant Tier 1 connections, while providing carrier-class performance and reliability for the most mission-critical carrier and enterprise applications.

FiberNet's Dedicated Internet Access service is end-to-end, bundled with FiberNet's extensive network reach to customers' points of presence and FiberNet's colocation facilities. By utilizing FiberNet as a sole point of access for end-to-end Dedicated Internet Access service, customers realize the significant efficiencies of not having to establish separate connections to multiple Tier 1 backbones.

Customers can purchase Dedicated Internet Access in Fast Ethernet, Gigabit Ethernet, or traditional T-1 interfaces, with both burstable billing and flat rate billing options. These choices are best for customers looking to pay for only as much bandwidth as they need, in scalable increments. Customers can check their usage at any time via web-based usage reports.

FiberNet's Dedicated Internet Access can be obtained without purchasing TDM ports on customers' routers, leveraging the cost-effectiveness and ubiquity of the Ethernet protocol. Additionally, FiberNet has engineered its network for low congestion and minimal latency to rapidly deliver customer traffic from their networks to their destination.

FiberNet provides its Dedicated Internet Access service with guarantees for reliability and industry-leading SLAs, by utilizing diverse connections to multiple Tier 1 providers and 24*7*365 monitoring from trained technicians.

About FiberNet Telecom Group, Inc.:

FiberNet Telecom Group, Inc. deploys, owns and operates fiber-optic networks designed to provide comprehensive broadband connectivity to other telecommunications service providers and enterprise customers for data, voice and video transmissions.

FiberNet's networks provide 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. FiberNet's primary business is to provide optical and electrical broadband circuits within and between carrier hotels, which are industrial buildings where service providers house their communications equipment to exchange and route communications traffic.

FiberNet's networks support multiple domestic and international transmission protocols including synchronous optical network, or SONET, synchronous digital hierarchy, or SDH, Ethernet, and Internet Protocol, or IP, and can deliver broadband connections with bandwidth ranging from 1.5 megabits per second to 10.0 gigabits per second, as well as optical wavelengths.

FiberNet currently operates primarily in the two gateway markets of New York and Los Angeles, focusing its services in the local loop of major metropolitan areas. FiberNet also provides project management services for connectivity outside of its core metro markets through its Network Solutions Initiative.

For more information on FiberNet, please 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.

SOURCE FiberNet Telecom Group, Inc.

Norma I. Salcido, Director, Marketing and Communications of
FiberNet Telecom Group, Inc., [phone], or [e-mail]

http://www.ftgx.com/

Copyright (C) 2004 PR Newswire. All rights reserved.



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