Press Release

AboveNet Installs 1,000th Private Customer Optical Network Node

Milestone reached by industry leader in high bandwidth metro area networks

NEW YORK, July 2 /PRNewswire-FirstCall/ -- AboveNet Communications, Inc., a leading provider of fiber optic connectivity solutions, announced today that it has installed its 1,000th network node, now part of the company's support for hundreds of private customer optical networks. These nodes support a broad spectrum of protocols such as packet based protocols like high-bandwidth Ethernet, digital video transmission, storage and mainframe specific protocols such as Fibre Channel/ Escon/ Ficon, and traditional SONET/SDH transmission. This 1,000 node milestone is a significant vote of confidence from its customers for the world class provider of private wavelength-division multiplexing (WDM) solutions.

AboveNet has constructed and now controls some of the most modern, high-capacity fiber assets in the U.S. and London, UK. AboveNet's deep experience in implementing and operating private WDM networks, its world class Network Management Center and excellent relationships with major equipment vendors all enable AboveNet to offer customers one of the industry's most aggressive SLAs (service level agreements).

"AboveNet is firmly focused on providing secure, scalable and low latency optical networks. Our history of listening to customers' requirements and translating them into unique, flexible solutions allows us to differentiate ourselves from our competition," said Bill LaPerch, President and CEO for AboveNet.

About AboveNet, Inc.
AboveNet, Inc. provides fiber optical connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among 14 top U.S. metro markets and London. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

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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.