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TELEHOUSE New York Chelsea Welcomes AboveNet, A Highly Esteemed Provider of Premium Bandwidth Connec

New York, NY, USA – August 15, 2011 – TELEHOUSE America, a leading provider of global dedicated data centers, international Internet exchanges, and managed IT services, announces today that AboveNet Inc., a leading provider of high bandwidth connectivity solutions, is the first carrier tenant to reside at TELEHOUSE’s new, premium data center facility at 85 10th Avenue, in the Chelsea district of Manhattan. AboveNet’s expansion into the facility represents TELEHOUSE’s on-going commitment to bringing to its customers robust carrier neutral options and reliable solutions that combine high-performance interconnectivity options.

“AboveNet is uniquely positioned to serve the high bandwidth customers located in the TELEHOUSE data centers,” said Rajiv Datta, chief operating officer at AboveNet. “Our network is specifically engineered to deliver fast, dedicated, secure connectivity to critical business locations, and we look forward to expanding our network to serve additional enterprise and carrier customers in the New York metro area.”

“TELEHOUSE’s state-of the-art facilities provide a secure foundation for the finance sector’s communications,” states Noriyuki Kita, executive vice president of TELEHOUSE America.  “Clients such as AboveNet can not only house their mission-critical infrastructure components within 85 10th Avenue, as well as TELEHOUSE New York Broadway or TELEHOUSE New York Teleport, but also provide a direct link between these facilities through an ultra low-latency route for a resilient disaster recovery solution.”

Carriers gain additional benefits with TELEHOUSE’s 24/7 center-based troubleshooting solutions, its Customer Assistance Center (CAC), as well as customer authorized access to their own equipment and space.  The data center also offers access to the 140+ members of TELEHOUSE’s leading New York Internet Peering Exchange.

AboveNet is a current tenant of TELEHOUSE America in TELEHOUSE New York Chelsea, TELEHOUSE New York Broadway, TELEHOUSE New York Teleport, and TELEHOUSE Los Angeles. In June 2010, AboveNet Communications Ltd. announced its network connection to the new TELEHOUSE LONDON Docklands West data center in London’s Docklands, an installation that builds upon the company’s existing connections to TELEHOUSE LONDON Docklands North, TELEHOUSE LONDON Docklands East, and TELEHOUSE LONDON Metro.

To learn more about TELEHOUSE America, please visit www.TELEHOUSE.com or call  718-355-2500.

About TELEHOUSE America

A stable and trusted pioneer of carrier-neutral data center services, TELEHOUSE provides secure, power-protected environments, where clients house and operate their telecommunications and network resources. Among the many benefits of colocating with TELEHOUSE is the ability to connect to state-of-the-art peering exchanges in New York (NYIIX) and Los Angeles (LAIIX). Through Manage-E (http://telehouse.com/mngdservices.php), TELEHOUSE provides a comprehensive suite of solutions – from help desk and hardware support to managed IT infrastructure, security and compliance services – all delivered by expert consulting and operations teams on a global scale and from one point-of-contact.  Additionally, the global availability of 42 TELEHOUSE-branded data centers in 22 cities throughout Asia, Africa, North America and Europe, delivers continuous, cost-effective operation of network-dependent, IT infrastructure to businesses around the world. Please visit http://www.Telehouse.com, or contact us at sales@Telehouse.com. Follow TELEHOUSE on Twitter @TELEHOUSE.

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.

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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.