AboveNet Adds MPG Management as Master Agent to National Agent Program

White Plains, N.Y., August 23, 2011 – AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it has added MPG Management Associates, Corp as a Master Agent to its award-winning National Agent Program.

As an AboveNet Master Agent, MPG will have access to an extensive portfolio of core metro services, including fiber optic infrastructure and Ethernet and Wave connectivity.

As an AboveNet Master Agent, MPG Management also will have the stellar support of AboveNet's back-office team which offers proven expertise in designing and building dedicated, high bandwidth, low latency fiber optic networks in top U.S. markets and globally. The AboveNet Agent Program is quick and nimble, offering a fast turnaround on pricing, ordering and installation for MPG customers.

“MPG is pleased to have AboveNet as a new partner,” said Vincent Helfrich, vice president at MPG. “MPG agents and customers have expressed a clear need for expanded high bandwidth, low latency services, and AboveNet's solutions are the perfect complement to our portfolio.”

MPG, a large and leading master agency, adds value to the AboveNet Agent Program by offering reach into another large community of agents whom often sell exclusively through MPG.

“We understand MPG to be a trend-setting, next-generation master agency, and the alliance is a natural next-step toward delivering our high bandwidth, low latency, value-added service portfolio to an expanded customer base,” said Michael Brown, vice president of indirect and carrier sales at AboveNet. “Our combined strengths form the foundation for a profitable and lasting relationship with MPG and their end-users.”

AboveNet Agents can expand their portfolio by leveraging AboveNet's high bandwidth connectivity solutions. AboveNet products are supported by approximately 2.3 million fiber miles in top U.S. markets and globally, a wide range of Metro Ethernet services, a nationwide long haul network and world class IP backbone. Agents can offer premier network services to meet their customers' needs. For more information about the AboveNet Agent Program visit http://www.abovenet.com/partners/agents.php

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. and European markets. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

About MPG ManagementAssociates Corp

PG offers partners unprecedented access to carriers, managed IT services and hardware vendors. They enable customers to focus on their core business, not quotas, commitments or carrier follow up. Their dedication to excellence and carrier relationships as a leading master agent assists their partners in bridging the gap.

The MPG Project Management Team knows that having a single source of contact for voice, data, and hardware services is key.

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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, industry competition, pricing and macro-economic conditions and the Company's financial and operating prospects. 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 presentation 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, 2010 and in the Company's subsequently filed Quarterly Report(s) on Form 10-Q.