OnFiber Communications Offers Metro Transport Services in PAIX Facilities Nationwide; PAIX Participants Gain Access to Enhanced Connectivity Options.Business Editors & High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Feb. 28, 2002 OnFiber Communications Inc., a leader in optical metropolitan connectivity, today announced it is expanding its agreement with PAIX PAIX Palo Alto Internet Exchange (Palo Alto, CA peering facility) .net Inc. (PAIX), a leading carrier-neutral Internet exchange See IXP and NAP. and subsidiary of Metromedia Fiber Network Inc. (MFN MFN abbr. most-favored nation ) (Nasdaq:MFNX), and will offer high bandwidth services in three additional PAIX facilities. OnFiber's metro transport network broadens the choice of connectivity options for PAIX participants and enhances the value of the PAIX facilities to its participants. Numerous PAIX participants already take advantage of OnFiber's presence in the Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. facility where OnFiber provides over 90 Gigabits per second of metro bandwidth connectivity between this facility and other traffic aggregation points throughout the Bay Area. By establishing a presence in the Dallas, Seattle and Vienna, Va. (Washington D.C.) PAIX facilities, OnFiber will give PAIX customers in these markets new options for reaching various destinations throughout each metropolitan area. "OnFiber has been providing service to our customers in the Palo Alto facility for over a year. The OnFiber service offering gives the PAIX participants more connectivity options -- further enhancing the value of the Internet exchange," said Tim Guarnieri, VP and general manager of PAIX. "OnFiber's metro networks Metro Networks is a broadcasting outsourcing company based in Houston, Texas. It is a subsidiary of Westwood One, which is managed by CBS Radio. The company operates a number of local and regional news and traffic facilities that provide regular reports to affiliates, together with complement the core tenet of our business -- neutral Internet interconnectivity." OnFiber's service offerings (including SONET, Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. and Optical Wavelength) and expedient circuit activation to carrier hotels, collocation collocation - co-location facilities, data centers, and other service provider POPs, provides the PAIX customers unique opportunities to enhance their interconnectivity. Leveraging its extensive telecom construction experience, OnFiber is capable of creating expansive metropolitan networks that are not solely dependent on existing fiber infrastructure. The resulting networks allow the PAIX participants to obtain connectivity services to a larger and more varied list of aggregation points. "The OnFiber/PAIX relationship underscores how our companies' services complement one another," said Danny Bottoms, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of OnFiber Communications. "OnFiber provides connectivity throughout the metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. to aggregation points and enterprises, thus augmenting the interconnectivity participants enjoy by being collocated at a PAIX facility." About OnFiber Communications OnFiber Communications is a metro core and access provider constructing and operating fiber optic networks in major metropolitan areas nationwide. The company delivers broadband connectivity services including SONET, Gigabit Ethernet, and Optical Wavelength to service providers and enterprises. OnFiber's unique HomeRun Fiber(sm) network architecture offers customers rapid provisioning, high reliability, and maximum scalability, giving customers the flexibility to choose the service to fit their needs. OnFiber currently operates networks in the Dallas, Houston, Philadelphia, San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Seattle, and Washington D.C. metro areas. Privately held, OnFiber Communications is headquartered at 11921 North Mopac Expressway, Suite 100, Austin, Texas 78759; telephone 877/266-3423. Additional information is available at www.onfiber.com. OnFiber Communications is financed by Kleiner Perkins Caufield & Byers, Incepta, Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. & Co., TeleSoft Partners, Amerindo Investment Advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , GE Capital, and numerous other leading investment firms. About PAIX.net PAIX.net Inc., headquartered in Palo Alto, Calif., began operations in 1996 as Digital Equipment Corporation's Palo Alto Internet Exchange. Having proven itself as a vital part of the Internet infrastructure, PAIX serves as a packet switching A network technology that breaks up a message into small packets for transmission. Unlike circuit switching, which requires the establishment of a dedicated point-to-point connection, each packet in a packet-switched network contains a destination address. center for ISPs. PAIX also offers secure, fault-tolerant co-location services to ISPs. PAIX enables ISPs to form public and private peering relationships with each other and choose from multiple telecommunications carriers for circuits, all within the same facility. PAIX is a subsidiary of Metromedia Fiber Network Inc. To ensure its neutrality, it operates as a separate entity with its own management. For additional information about PAIX, call 877/PAIXnet (877/724-9638) or visit its Web site at http://www.paix.net. About MFN MFN is the leading provider of digital communications Transmitting text, voice and video in binary form. See communications. infrastructure solutions. The Company combines the most extensive metropolitan area fiber network with a global optical IP network, state-of-the-art data centers and award-winning managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality to deliver fully integrated, outsourced communications solutions to Global 2000 companies. The all-fiber infrastructure enables MFN customers to share vast amounts of information internally and externally over private networks and a global IP backbone, creating collaborative businesses that communicate at the speed of light. For more information on MFN, please visit our Web site at www.mfn.com. This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control. This also includes such factors as are described from time to time in the SEC reports filed by Metromedia Fiber Network including the most recently filed Forms S-3, 10-K and 10-Q. OnFiber Communications Inc., OnFiber, Coil Design, and HomeRun Fiber are trademarks of OnFiber Communications. All other products or service names mentioned herein may be the trademarks of their respective owners. |
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