AboveNet Connects to Philadelphia Technology Park

AboveNet will provide Philadelphia Technology Park with high bandwidth, low latency connections to business hubs in New York, New Jersey and Baltimore End Quote

(1888PressRelease) January 08, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it is now connected to the Philadelphia Technology Park, providing the data center’s customers with access to its private, optical network and extensive fiber footprint for connectivity from Philadelphia to key business hubs in New York, New Jersey and Maryland.
The Philadelphia Technology Park, located in Philadelphia’s Navy Yard, is one of the Mid-Atlantic’s premier carrier-neutral data centers. AboveNet will provide Philadelphia Technology Park customers with diverse, low-latency routes to other top business centers. For example, a company operating in the Philadelphia Technology Park can establish an Ethernet connection to its office location, remote data center and to business partners within metro locations including:

The Baltimore Technology Park and 111 Market Place in MD;
75 Broad Street and 111 8th Avenue in Manhattan;
and 300 Blvd. East in Weehawken, NJ.
The Philadelphia Technology Park also represents an AboveNet IP POP (point-of-presence) which enables AboveNet to deliver Tier 1 IP service to the Philadelphia Technology Park client base at affordable rates.

“Businesses, universities and healthcare providers continue to move mission-critical applications to data centers to handle data intensive applications such as cloud computing, multimedia transfers, data replication and disaster recovery,” said Corey Blanton, president, Philadelphia Technology Park. “We are pleased to connect to AboveNet’s high performance network to offer the bandwidth services and routes to meet the Philadelphia Technology Park’s communications needs.”

AboveNet provides a complete portfolio of metro Ethernet, WDM, Long Haul and IP transit services. Philadelphia Technology Park’s enterprise and carrier customers also can benefit from AboveNet’s world-class fiber optic network in both the U.S and Europe, with connections to buildings containing more than 400 data centers. Its infrastructure includes more than 2.3 million fiber miles, an intercity network spanning approximately 12,000 route miles and a global Tier 1 IP backbone.

“At AboveNet, we focus exclusively on the needs of the high bandwidth customer, so our network in the Philadelphia and New York metro areas is specifically engineered to deliver fast, dedicated, secure connectivity to critical business locations,” said Matt Johns, director of Mid-Atlantic Sales at AboveNet. “The Philadelphia Technology Park is a key colocation facility to connect up to our network, and we look forward to serving the enterprise and carrier customers in this important market.”

For more information about AboveNet, please visit www.above.net/solutions/. For more information about Philadelphia Technology Park, please visit www.philadelphiatechnologypark. To schedule a tour of Philadelphia Technology Park, please contact Corey Blanton at 215-218-1980 or sales ( @ ) philadelphiatechnologypark dot com dot

About AboveNet, Inc.
AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. metro markets and globally. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

About Philadelphia Technology Park
Philadelphia Technology Park is a state-of-the-art, 25,700 square colocation feet data center that serves to house mission critical data for its customers. The center was designed to meet the high density power, cooling and bandwidth requirements of the Uptime Institute. Located within the Philadelphia Navy Yard, it is the only purpose-built, single-use data center infrastructure facility of its kind in the Southeastern Pennsylvania, South Jersey and Wilmington market. Over $25 million have been invested into Philadelphia Technology Park.

Philadelphia Technology Park is owned by Enterprise Technology Parks, LLC and is a sister corporation to Baltimore Technology Park, a 30,000 square foot colocation data center located in Baltimore, Maryland. Philadelphia Technology Park utilizes the same experienced team that has made its Baltimore counterpart the premier data center of the greater Baltimore/northern Washington, D.C. area.

The data center is located at 4775 League Island Blvd., Philadelphia, PA, 19112. Inquiries can be made directly to Corey Blanton at 215-218-1980 / sales ( @ ) philadelphiatechnologypark dot com dot www dot philadelphiatechnologypark dot com

Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. We cannot assure you that the future results expressed or implied by the forward-looking statements will be achieved.

Such statements are based on the current expectations and beliefs of the management of AboveNet, Inc. and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's financial and operating prospects, current economic trends, future opportunities, the Company's exposure to the financial services industry, and strength of competition and pricing.

The Company's business could be materially adversely affected and the trading price of the Company's common stock could decline if these risks and uncertainties develop into actual events. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

A more detailed discussion of factors that may affect the Company's business and future financial results is included in the Company's SEC filings, including, but not limited to, those described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and in the Company's subsequently filed Quarterly Report(s) on Form 10-Q.

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