Press Release

AboveNet Increases Data Center Connection Investment

NEW YORK, Sept. 30 /PRNewswire-FirstCall/ -- AboveNet, Inc., (OTC Bulletin Board: ABVT), a leading provider of fiber optic connectivity solutions, continues its focus on helping ensure customers have the best choice of Data Center connections to its network. With this past quarter's incremental half million dollar investment AboveNet is able to provide high bandwidth interconnectivity to more than 300 Data Centers. This increased Data Center connectivity enables AboveNet to offer more enterprise customers high speed, low latency solutions directly to their premises.

Bill LaPerch, AboveNet President and CEO said, "Today's Data Center is the next generation central office. These centers of e-commerce are a crucial part of the IT infrastructure. It's where leading edge Finance, Health care and Media companies can get the high bandwidth solutions they need. This investment is part of our ongoing effort to act as a customer advocate, by taking a Data Center neutral approach when determining where to best connect our customer's solutions."

AboveNet Data Center connections are typically Ethernet, Wave Division Multiplexing (WDM) and IP offerings, delivering Gigabit, 2.5 Gigabit and 10 Gigabit speeds. These low latency connections are all part of AboveNet's suite of complementary solutions that offer customers cost-effective fiber optic connectivity.

As Bill LaPerch says, "Our goal is to offer our customers a broad array of high bandwidth solutions from and to more Data Centers, helping customers accelerate their use of next generation Ethernet, WDM and IP solutions."

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.

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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.