AboveNet Named Finalist for Light Reading’s Leading Lights Award

AboveNet Low-Latency Transatlantic Service Finalist in Best New Service or Application (Telecom) category. End Quote

(1888PressRelease) October 07, 2010 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it is has been named a Finalist for Light Reading’s prestigious Best New Service or Application (Telecom) Award for its Low-Latency Transatlantic Service. According to Light Reading, this award recognizes the company that has deployed a potentially market-leading, revenue-generating service or application that enhances the use of next-generation communications technology in the wireline network.

The AboveNet Low-Latency Transatlantic Service is a Gigabit Ethernet solution that provides one of the industry’s fastest, end-to-end, secure, transatlantic connections between London and New York. The service specifically targets high bandwidth customers including financial services organizations, web-centric businesses, law firms and enterprises with a multinational presence.

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.

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 AboveNet, Inc., including the most recently filed Form 8-K.

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