ABOVENET LAUNCHES CWDM TO LONDON'S ENTERPRISE MARKET.

AboveNet Communications UK Ltd, London, a subsidiary of AboveNet Inc., a premier metro network access provider for businesses, has launched its Coarse Wavelength Division Multiplexing (CWDM) service to the London enterprise market. Following in the recent footsteps of its US parent, the UK launches a wave service that combines its highly secure, London fibre network with an industry leading CWDM technology.

AboveNet's CWDM solution will allow companies to create a completely private optical network that has the capability to support all current applications. The ability to deploy a single private network that can increase in capacity as business needs grow, without the need to deploy new circuits, will offer huge benefits to businesses increasingly suffering from unpredictable data growth year on year.

CWDM will enable businesses to replace traditional metered services, simplifying operations whilst providing a network that increases scalability, flexibility and control. CWDM provides an open platform that enables businesses to confidently architect networks that can be easily reconfigured to meet future needs.

"As enterprises and network managers continue to try and strike the balance between networking requirements and financial resources, AboveNet is proactively developing solutions that address immediate business needs, yet are flexible and scalable enough to support anticipated growth," said William G. LaPerch, president, AboveNet. "Our CWDM service is a cost-effective, robust solution that delivers premium networking power and impact for the leading mid-sized business facing such challenges."

Using CWDM, customers are able to take advantage of a more economic and efficient solution that meets their needs and allows them to deploy many of the same applications as Dense Wave customers. These applications include:

* Storage Area Networks (SAN) -- a secure and cost effective way to move data to a remote location for backup.

* Transparent LAN services -- a cost-effective way to connect multiple LAN's in different locations without the expense associated with traditional telecom provisioning as bandwidth needs grow.

* Local Loop Bypass -- AboveNet's WDM services are an alternative to traditional telecommunications services that charge on a metered basis.

"We already manage a number of higher-end Dense Wave Division Multiplexing (DWDM) solutions within Europe, most of these are for companies with very intensive networking requirements. Our new CWDM solution allows us to extend our proven expertise within this field to a far greater audience whilst maintaining the flexibility, scalability and security of a complex wavelength service," said John Dowbiggin, AboveNet's UK MD.

About AboveNet, Inc.

AboveNet, Inc. is a premier metro network access provider for businesses. AboveNet builds and operates an office-to-office, 100-percent optical network enabling customers to create an efficient, cost-effective network that breaks economic and performance barriers imposed in the last mile by complex legacy telecom infrastructures. With the most extensive metropolitan optical network in the world, data centers throughout the US and Europe, top quality managed services and a high-performance IP network, AboveNet is able to offer the most flexible and complete information exchange solutions in the industry.

For more information, call 408/350-6627 or visit http://www.above.net.