FiberNet Deploys Transcontinental Network Connecting Gateway Cities


NEW YORK, Nov. 7 -- FiberNet Telecom Group, Inc. (NASDAQ:FTGX), a leading provider of complex interconnection services, today announced that it has deployed a transcontinental network connecting its metropolitan networks in New York/New Jersey and Los Angeles. FiberNet customers can now purchase on-net transport services between these key gateway markets.

"The growth of our Network Solutions business warranted this significant network expansion. We will now be able to optimize our network traffic more efficiently, and we will continue to deliver the exemplary customer service and leading installation intervals that are our hallmarks," said Jon A. DeLuca, President and CEO. "This network deployment, together with our recently announced colocation expansion projects, positions us for growth, as we head into 2008."

Utilizing multiple 10.0 Gbps wavelengths in a diverse network architecture, FiberNet is capable of delivering traffic in multiple transmission protocols, including SONET, SDH and Ethernet, with increased speed, capacity and flexibility.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated interconnection facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at www.ftgx.com.

Source: FiberNet Telecom Group, Inc.

CONTACT:
Norma I. Salcido
of FiberNet Telecom Group Inc.,
+1-212-405-6210, or
norma.salcido@ftgx.com

Web site: www.ftgx.com/

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