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Pico Selects Zayo for Global Network Backbone

Press Release

Solution to provide connectivity to key financial markets

BOULDER, Colo. – Pico,
a leading financial infrastructure services provider, has selected Zayo
Group Holdings
, Inc. (NYSE: ZAYO) for a low-latency global backbone
network. Pico’s extensive evaluation process culminated with the
selection of Zayo and the design of a solution that includes two diverse
rings connecting major financial markets for Pico in the U.S., Europe
and Asia, with fully diverse subsea, terrestrial systems and cable
landing stations.

The primary ring provides Pico with a best-in-class low-latency
solution, with the secondary ring providing the next best available
latency while maintaining 100 percent physical diversity. The solution
leverages Zayo’s owned network in North America and Europe along with
its Global Reach relationships with international network providers.

“Zayo’s solution delivers high-performance, low-latency wavelengths
across multiple vendor networks,” said Andrew Crouch, president and COO
at Zayo. “Pico’s financial and trading clients will be able to depend on
a fast, reliable network from all of their international hubs. It’s
another example of our ability to support multinational customers with
innovative, integrated solutions to meet their needs.”

“Zayo has the established footprint, market penetration and global
business relationships that we need to leverage to deliver the
top-quality service that our clients demand of us. Our state-of-the-art
new low-latency global backbone will go live later this year as the
first of its kind in the financial industry; it combines carrier grade
functionalities with the low-latency demands of our clients on a global
scale. We are proud to see this project come to fruition, combining the
strength of trusted telecommunication partners with hardware partners,”
said Roland Hamann, Managing Director at Pico.

Pico is continuing its global expansion while utilizing a proven
partnership to deliver exceptional service quality for its clients. In
addition to the global rings for the backbone, Zayo is facilitating
diverse connectivity to South Africa for Pico, which will link the
region back to the main European financial hubs. Zayo continues to
strengthen its Global Reach capabilities, with expanded points of
presence and partnerships, enabling global connectivity to more than
1,100 data centers.

For more information about Zayo, please visit

About Zayo

Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications
infrastructure solutions, including fiber and bandwidth connectivity,
colocation and cloud infrastructure to the world’s leading businesses.
Customers include wireless and wireline carriers, media and content
companies and finance, healthcare and other large enterprises. Zayo’s
127,000-mile network in North America and Europe includes extensive
metro connectivity to thousands of buildings and data centers. In
addition to high-capacity dark fiber, wavelength, Ethernet and other
connectivity solutions, Zayo offers colocation and cloud infrastructure
in its carrier-neutral data centers. Zayo provides users with flexible,
customized solutions and self-service through Tranzact, an innovative
online platform for managing and purchasing bandwidth. For more
information, visit

About Pico

Pico offers premium technology hosting and managed services,
specializing in trading technology via Pico Quantitative Trading LLC
(based in the U.S.), and Pico Global Ltd., a private limited company
registered in England and Wales, under company number 09365923, with a
registered office at Paternoster House, 65 St. Paul’s Churchyard,
London, England, EC4M 8AB. To learn more, visit:

Forward-Looking Statements

This press release contains a number of forward-looking statements.
Words, and variations of words such as “believe,” “expect,” “plan,”
“continue,” “will,” “should,” and similar expressions are intended to
identify our forward-looking statements. No assurance can be given that
future results expressed or implied by the forward-looking statements
will be achieved and actual results may differ materially from those
contemplated by the forward-looking statements. These forward-looking
statements involve risks and uncertainties, many of which are beyond our
control. For additional information on these and other factors that
could affect our forward-looking statements, see our risk factors, as
they may be amended from time to time, set forth in our filings with the
SEC, including our 10-K dated August 22, 2017. We disclaim and do not
undertake any obligation to update or revise any forward-looking
statement in this press release, except as required by applicable law or


Zayo Group Holdings, Inc.
Shannon Paulk,
Corporate Communications
, 720-306-7556
Investor Relations