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FTGX-FiberNet Signs Network Services Agreement with Manhattan College

Integrated Network Design Includes Dedicated Internet Access, Colocation, and Wide Area Network

Monday , November 08, 2004 07:55 ET

NEW YORK, Nov 8, 2004 /PRNewswire-FirstCall via COMTEX/ -- FiberNet Telecom Group, Inc. (Nasdaq: FTGX), a leading provider of managed network services, today announced the successful deployment of an integrated network solution, incorporating dedicated Internet access, colocation and wide area network connectivity for Manhattan College, an independent, Catholic, coeducational institution of higher learning in New York City.

As part of an integrated network design for Manhattan College, FiberNet will provide high bandwidth dedicated Internet access at its network node at 60 Hudson Street. Manhattan College will deploy its IP equipment in FiberNet's colocation space at 60 Hudson Street, and Manhattan College will utilize this network node as a primary backup site for its servers. In addition, FiberNet will transport broadband traffic back to Manhattan College's campus in the Bronx via its Network Solutions initiative, which offers end-to-end network services for metro applications outside FiberNet's core New York metro market.

Utilizing these services, Manhattan College will furnish rapid Internet connectivity to over 3,000 undergraduate and graduate students at its Bronx campus, as well as faculty and administrative staff. Network reliability, scalability, end-to-end design and project management, and improved total cost of ownership were key factors in selecting FiberNet to provide these network services.

"For a higher educational institution, having real time, reliable connectivity has become indispensable for administrative and instructional departments," said Walter Matystik, Assistant Provost of Manhattan College. "As such, FiberNet's secure and reliable dedicated Internet access and wide area network solution with 24/7 support was a deciding factor for us."

FiberNet's dedicated Internet access services provide customers with links 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. The service provides an end-to-end solution bundled with FiberNet's extensive network reach to customer locations and FiberNet's colocation facilities. This solution allows FiberNet's customers to realize the significant efficiencies of not having to establish separate connections to multiple Tier 1 backbones. Customers can pay for only as much bandwidth as they need, in scalable increments of Fast Ethernet, Gigabit Ethernet, or T-1 interfaces, with both burstable billing and flat rate billing options.

Matystik added, "FiberNet's end-to-end services and integrated network design also greatly simplified a complex process for us. To support our educational mission, Manhattan College has to make the best use of our IT vendor dollars and time, and FiberNet helped us accomplish that by presenting a comprehensive, creative and cost-effective solution. We can now provide higher bandwidth Internet access for Manhattan College's faculty and students without breaking the bank."

This agreement highlights the successful launch of FiberNet's dedicated Internet access services, with the implementation of this innovative new service among various enterprise customers, law firms, telecommunications carriers, educational institutions, and others.

"We are gratified to be selected by Manhattan College to provide this prestigious institution with a comprehensive suite of IP services," said Tom Brown, Senior Vice President of Sales and Marketing at FiberNet. "This contract illustrates the value that customers are seeing in FiberNet's dedicated Internet access, colocation, and wide area network services. Our expertise in managed network services that support enterprise goals, combined with our customer focus and end-to-end capabilities, is a combination that is hard to beat."

About Manhattan College:

Manhattan College was founded in 1853 upon the Lasallian tradition of excellence in teaching inspired by St. John Baptist de La Salle. Manhattan College is an independent, Catholic, coeducational institution of higher learning offering more than 40 major programs of study in the areas of arts, business, education, engineering and science.

For more information on Manhattan College, please visit the College's website at http://www.manhattan.edu.

About FiberNet Telecom Group, Inc.:

FiberNet Telecom Group, Inc. deploys, owns and operates fiber-optic networks in the two gateway markets of New York/New Jersey and Los Angeles, 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. For additional information on FiberNet, visit the Company's website at http://www.ftgx.com.

Various remarks that we may make about the 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.


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

URL: http://www.ftgx.com
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