AboveNet will provide high bandwidth, low-latency lit services and fiber optic network in key DFT markets
WHITE PLAINS, N.Y., April 13, 2011 - AboveNet, Inc. (NYSE:ABVT, news, filings), a leading provider of high bandwidth connectivity solutions, today announced it has provided fiber connectivity into DuPont Fabros Technology, Inc (DFT) wholesale data center NJ1 located in Piscataway, New Jersey. AboveNet is already connected to DFT's data centers located in Northern Virginia and suburban Chicago and is in the process of building out to DFT's newest data center development, SC1, located in Santa Clara, California.
Utilizing DFT's underground and secure 3-lateral conduit bank system, AboveNet will deploy equipment at DFT's NJ1 data center, making the facility an IP and Metro Ethernet POP. By utilizing AboveNet's private, fiber optic network and extensive metro footprint for high bandwidth connectivity, customers within NJ1 will be able to take advantage of connectivity to two major carrier hotels located in the New York City Metro area, enabling them access to key business hubs throughout the world.
"Our customers must have access to scalable, diverse high bandwidth connectivity with no network interruptions," said Hossein Fateh, president and chief executive officer for DuPont Fabros Technology. "AboveNet has and continues to provide high performance fiber optic networks for our customers' mission critical business applications."
AboveNet provides a complete portfolio of metro Ethernet, WDM, Long Haul and IP transit services. Potential benefits to DFT customers include:
- Support for multiple protocols - simplifies connectivity into the LAN;
- Scalability - adding capacity to the network is as simple as inserting a card and customers can scale from 1Gbps to 40Gbps;
- Reliability - AboveNet WDM networks are designed to ensure availability, reliability and security;
- Business continuity - Fiber Channel, ESCON or FICON for data mirroring, Storage Area Networks or other disaster recovery solutions;
- Diversity - bypasses the ILEC or CLEC legacy networks;
- Simple fiber handoff - no copper, pure fiber based network;
- Industry - leading latency guarantee - added assurance with AboveNet's Agility Guarantee program.
DFT's enterprise and carrier customers also can access AboveNet's world-class fiber optic network infrastructure including more than 2.3 million fiber miles, an intercity network spanning approximately 12,000 route miles and a global Tier 1 IP backbone.
"We focus exclusively on the needs of the high bandwidth customer, so we designed our network to reach key Internet hub cities and markets with a high concentration of web-centric businesses, financial services organizations and enterprises with a multinational presence," said Bill LaPerch, president and chief executive officer for AboveNet. "We are pleased to work with DuPont Fabros Technology to bring this extensive network to their enterprise and carrier customers."
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. and European markets. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.
About DuPont Fabros Technology, Inc.
DuPont Fabros Technology, Inc. (NYSE: DFT) is a real estate investment trust (REIT) and leading owner, developer, operator and manager of wholesale data centers. The Company's data centers are highly specialized, secure facilities used primarily by national and international Internet and enterprise companies to house, power and cool some of their computer servers that support many of their most critical business processes. DuPont Fabros Technology, Inc. is headquartered in Washington, DC. For more information, please visit http://www.dft.com.
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Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. We cannot assure you that the future results expressed or implied by the forward-looking statements will be achieved. Such statements are based on the current expectations and beliefs of the management of AboveNet, Inc. and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, industry competition, pricing and macro-economic conditions and the Company's financial and operating prospects. The Company's business could be materially adversely affected and the trading price of the Company's common stock could decline if these risks and uncertainties develop into actual events. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events. A more detailed discussion of factors that may affect the Company's business and future financial results is included in the Company’s SEC filings, including, but not limited to, those described in “Risk Factors” and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 and in the Company's subsequently filed Quarterly Report(s) on Form 10-Q.