X

AboveNets FinanceNet Platform delivers the lowest latency routes across key financial exchanges i

White Plains, N.Y. and London, October 26, 2011 – Building on the success of AboveNet’s recent announcement of the shortest route from the City of London to Slough, AboveNet Communications, a leading provider of high bandwidth connectivity solutions today unveiled a new dedicated FinanceNet platform between the community data centre of Interxion in the City and a key multilateral trading facility in Slough.

This new route not only delivers the lowest latency connections that are essential for the performance efficiency and productivity demands in the financial markets, but also provides the security, reliability and resilience in and between exchanges and key locations.
“AboveNet has built a unique, dedicated ultra-low latency route enabling it to offer the fastest connection ever between these key financial communities. As a leading provider of premium low latency routes, it is imperative to be able to serve the market demand for low latency connectivity and we are constantly challenging ourselves to widen the gap between our current routes and our competition” said Brett Johnson, vice president, Business Development for AboveNet Europe.

AboveNet’s London network links all London’s major financial regions and extends into every major London datacentre and exchange. A key feature of AboveNet’s network is the technology that is used to deliver industry leading service levels; “We provision a native Ethernet/Wavelength service, built on next generation carrier class platforms with 1Gbps and 10Gbps connections allowing us to deliver secure, low latency, high bandwidth solutions” said Brett Johnson.

“We are particularly proud of our latest enhancement, between the City and Slough and are confident that our routes offer the best and lowest latency available between these key locations,” Johnson concluded.

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.

# # #

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.