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Press Release -- December 22nd, 2010
Source: Hibernia Networks
Tags: Construction, Ethernet, Low Latency, M&A, Submarine Cable, Video, Wavelength

LLOYD JARKOW JOINS HIBERNIA ATLANTIC AS CHIEF FINANCIAL OFFICER

SUMMIT, NJ & DUBLIN, IRELAND – December 22, 2010 – Hibernia Atlantic, the only diverse transatlantic high-bandwidth connectivity provider, announces today the appointment of Lloyd Jarkow to the position of Chief Financial Officer.

Mr. Jarkow is an industry veteran with 16 years of finance experience within international telecommunications. Mr. Jarkow has spent the past 13 years at AboveNet Communications, most recently as Vice President of Corporate Development. Prior to AboveNet, Mr. Jarkow served as Finance Director for Metromedia International Telecommunications. He holds an undergraduate degree from Cornell University and an MBA from UCLA Anderson.

“In light of our strong top-line organic growth, as well as the increased focus on M&A, we are delighted that Lloyd has joined us at Hibernia,” states Bjarni K. Thorvardarson, CEO of Hibernia Atlantic. “Lloyd has in-depth experience in working with rapidly growing telecommunications companies and we are confident that Lloyd is the ideal candidate to lead our finance team and help us further grow our company.”

“Hibernia has taken an innovative approach towards delivering high-bandwidth connectivity throughout North America, the UK and Europe,” continues Mr. Jarkow. “The company has been successful marketing to new customer verticals and in its acquisition and network construction plans. It is an honor to join Hibernia during this exciting time and I look forward to working with the team to further position the company for continued success in 2011 and beyond.”

About Hibernia Atlantic:
Hibernia Atlantic is the only American-owned, diverse transatlantic high-bandwidth connectivity provider and is owned by Columbia Ventures Corporation and Constellation Ventures Partners. It is a transatlantic submarine cable and terrestrial fiber network that offers over 100 redundant network Points of Presence (PoPs) throughout Canada, US, UK, and mainland Europe on over 24,000 kilometers of network. Hibernia provides secure and diverse dedicated Ethernet, DTM and optical-level service up to GigE, 10G and LanPhy wavelengths and traditional SONET/SDH services. In addition, Hibernia offers the Global Financial Network (GFN), a low latency international network designed specifically to meet the demanding performance and reliability requirements of the financial community. Hibernia Atlantic also owns Hibernia Media, which operates in 20 European and North American markets and represents the largest, national, stateof- the-art optical switching and Dynamic Transport Mode (DTM) network. Hibernia Media offers a full range of services to customers who generate and manage multi-media content. For more information on Hibernia Atlantic’s cutting-edge network or to view their communication video, please visit www.hiberniaatlantic.com. For further information on Hibernia Media, please visit www.hiberniamedia.com.

For Hibernia Atlantic company inquiries, please contact Melissa Butler at +1.908.988.1990 or melissa.butler@hiberniaatlantic.com.

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