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Press Release -- June 29th, 2010
Source: AboveNet
Tags: Construction, Expansion, Low Latency

Abovenet Connects With Power Loft To Offer Northern Virginia Businesses New Options In Low Latency, High Bandwidth Connectivity Solutions

Prince William County businesses benefit from AboveNet’s metro and wide area fiber networks and Power Loft’s “green” data center

WHITE PLAINS, N.Y., June 29, 2010 – AboveNet, Inc. (NYSE:ABVT, news, filings), a leading provider of high bandwidth connectivity solutions, announced that it has linked its network to the Northern Virginia data center of Power Loft LLC, a leader in an energy-efficient “green” design.

Located at Innovation Park in Manassas, Virginia, the “Power Loft @ Innovation” data center serves the fast-growing Prince William County technology and business corridor. Power Loft customers now can use AboveNet’s high bandwidth connectivity solutions for all critical business data applications.

“AboveNet is pleased to extend our reach into a new market where demand is strong,” said Matt Johns, Director of Mid-Atlantic Sales at AboveNet. “With this latest expansion of our Washington, DC area network footprint, more customers will benefit from the low latency and scalability of AboveNet’s metropolitan and wide area network services.”

“Prince William County today is home to enterprises ranging from global IT consulting firms to aerospace companies and government agencies,” said Jim Coakley, President and CEO of Power Loft. “All stand to gain from AboveNet’s connectivity and the lower total cost of ownership from Power Loft’s green design.”

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 Power Loft LLC
Headquartered in McLean, Virginia, Power Loft LLC, which specializes in the development and ownership of high density data centers, is sponsored by Iron Point Real Estate Partners, a private real estate equity fund with offices in Washington, D.C. and Dallas, TX. Other key members of the team include: HP Critical Facilities Services delivered by EYP MCF, Clark Construction, VOA Architects, Fortress International Group, Inc. (Total Site Solutions) and Rubicon Professional Services. To learn more, go to www.powerloft.com

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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.

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