New World Network Completes Major IP Network Expansion; Financial Backing from Columbus Communications Enables Expansion.

MIAMI -- New World Network, the principal owner of the Americas Region Caribbean Optical-ring System (ARCOS), today announced it has completed a $2 million expansion of its core Internet Protocol (IP) network with financial backing from Columbus Communications Inc.

New World Network expanded its IP network with the activation of two new core IP access nodes together with a substantial upgrade to its existing node in North Miami, FL. The network expansion provides increased network redundancy in addition to offering increased flexibility with new high-speed interfaces including STM-4, STM-16, STM-64 and Gigabit Ethernet. The upgrade enables New World Network to continue in providing scalable IP transit, and to support future services including MPLS based IP-VPNs and other managed services, strengthening its position as a provider of choice in the region.

The network expansion, which included installation of several carrier-class Juniper routers, is in response to customer demand for increased flexibility and capacity. Already three national communications providers in Guatemala, Jamaica, and Puerto Rico subscribe to this new service operating on the expanded IP platform.

"As we overlay our robust IP network on the ARCOS network, New World Network is able to offer significant carrier-grade IP bandwidth across the entire ARCOS region," said Peter Collins, Executive Vice President and Chief Technical Officer for New World Network. "This allows New World Network to continue in responding quickly to customers growing demand for a competitive service with the highest quality and reliability."

"Since commencing IP service in 2002, our Customer base has increased steadily and our product set continues to evolve in responsiveness to their growing needs," Collins said. "We have never lost an IP customer because of a service issue, that's because New World Network always listens and works hard to exceed customers' expectations."

New World Network offers one of the best service level guarantees in the region. This includes 100 percent network availability, less than 0.03 percent data packet loss, and 50 milli-second average or less transmission latency.

Barbados-based Columbus Communications acquired New World Network last September. Over the past two years, Columbus Communications has invested more than $200 million in the region.

About New World Network

New World Network is principally owned by Columbus Communications Inc., based in Bridgetown, Barbados. New World Network is a wholesale services provider that offers advanced, high-speed bandwidth capacity to telecommunications companies and Internet Service Providers. With more than 10,000 kilometers of undersea fiber optic network, the company's Americas Region Caribbean Optical-ring System (ARCOS), combined with Columbus affiliate company subsea networks in Bahamas and Jamaica, are the leading undersea broadband fiber-optic cable networks connecting the U.S., Mexico, Central America, South America and the Caribbean. New World Network's Website is http://www.nwncable.com. Telephone: [phone].