AboveNet Expands Fiber Optic Network in Seattle

Top Quote New low latency routes provide direct links from Seattle to Tukwila. End Quote
  • (1888PressRelease) December 23, 2010 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it is expanding its high performance network in Seattle. New fiber optic rings provide short, low latency routes from downtown Seattle to the Sabey Data Center Complex in Tukwila and include connections into the new American Life data center.

    “We expect our new low latency routes to be very popular with Seattle’s enterprises and carriers that must have secure, high bandwidth connectivity for business-critical data communications,” said Xenophon Giannis, executive director of Pacific Region Sales at AboveNet. “Our high performance network provides customers with increased network diversity and is a faster alternative to the existing 80-mile fiber ring around Lake Washington.”

    AboveNet’s fiber optic network in Seattle currently spans 250 route miles stretching from Mukilteo to the north to Tacoma in the south, with routes throughout downtown Seattle, Bellevue, Kirkland, Redmond, and around Lake Washington.

    Enterprise and carrier customers in Seattle also have access to AboveNet’s expansive fiber optic footprint with network capabilities in and between top business hubs in the U.S and Europe and connections to buildings containing more than 400 data centers. Its infrastructure includes more than 2.3 million fiber miles, an intercity network spanning approximately 12,000 route miles and a global Tier 1 IP backbone.

    About AboveNet, Inc.
    AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. metro markets and globally. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

    Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. We cannot assure you that the future results expressed or implied by the forward-looking statements will be achieved. Such statements are based on the current expectations and beliefs of the management of AboveNet, Inc. and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's financial and operating prospects, current economic trends, future opportunities, the Company's exposure to the financial services industry, and strength of competition and pricing. The Company's business could be materially adversely affected and the trading price of the Company's common stock could decline if these risks and uncertainties develop into actual events. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events. A more detailed discussion of factors that may affect the Company's business and future financial results is included in the Company's SEC filings, including, but not limited to, those described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and in the Company's subsequently filed Quarterly Report(s) on Form 10-Q.

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