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FiberNet Telecom Selected by Callax Telecom Holding for Colocation and Network Services

NEW YORK, May 18 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. , a leading provider of managed network services, today announced that Callax Telecom Holding, GMBH, a leading European provider of telecommunications services, has selected FiberNet for colocation and interconnection services within the 60 Hudson Street Meet-Me-Room.

Callax will utilize the 60 Hudson Street Meet-Me-Room to build its U.S. Point of Presence and colocate its switching equipment. In addition, Callax will purchase multiple transport and interconnection services from FiberNet, allowing Callax to focus on building its telecommunications business while FiberNet manages the complexities and details of interconnections with domestic and international carriers.

60 Hudson Street is one of the preeminent carrier hotels in the world, serving as an international hub for over 100 telecommunications carriers, including the leading global service providers. FiberNet operates the official Meet-Me-Room of 60 Hudson Street, providing customers with the optimized efficiency and flexibility of a centralized, carrier-class, interconnection and colocation facility. Callax joins other prestigious carriers already at the 60 Hudson Meet-Me-Room, including AT&T, Bell Canada, British Telecom, China Telecom, Level 3, SBC Telecom, Time Warner Telecom, and Verizon.

Thomas Brown, Senior Vice President of Sales and Marketing at FiberNet, said, "We're very pleased to provide Callax with colocation and interconnection services within the 60 Hudson Street Meet-Me-Room. This agreement showcases the important role that the 60 Hudson Street Meet-Me-Room plays in the telecommunications industry and for international carriers in particular, allowing carriers like Callax to exchange traffic rapidly and cost-effectively."

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 for their 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' 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/.

About Callax Telecom Holding, GMBH. :

CALLAX Telecom Holding, GMBH (CALLAX) is an internationally operating holding company. CALLAX holds several parts in European telecommunications companies. All companies are active in all sectors of telecommunications; from B2C to B2B. Next to classic telephony their activities comprise the provision of value-added and premium-rate services. They are very strong at developing and marketing entertainment products and new telecommunications services. CALLAX provides its companies and its cooperation partners with important knowledge and contacts throughout the worldwide telecommunications business. CALLAX managers and engineers have more than 10 years experience in managing and setting up telecommunications companies, brands, products and networks. CALLAX is concentrating on highly innovative products and was very successful in the past with promoting and establishing new products in highly competitive markets.

FiberNet Telecom Group and Callax Telecom Holding will be at the Global Telecommunications Meeting (GTM) in Washington, D.C. on May 17-20, 2004.

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.

FiberNet Telecom Group, Inc.
© 2004 PR Newswire
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