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Press Release -- June 26th, 2012
Source: Hibernia Networks
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HIBERNIA ATLANTIC’S GLOBAL FINANCIAL NETWORK (GFN) IS NOW THE GLOBAL EXPRESS PLATFORM

Key Points:

  • To meet global network demand, Hibernia’s GFN is now the Global Express Platform
  • Platform is built on top of the Hibernia Network providing low latency global native Ethernet service to key financial trading locations between North America, Canada, Europe and the Pacific Rim.
  • Global Express Platform connects to over 60 global exchanges and HFT access points around the world

SUMMIT, NJ & DUBLIN, IRELAND – JUNE 26, 2012 – Hibernia Atlantic, a provider of global capacity services, announces that its Global Financial Network (GFN) is now the Global Express Platform. The Global Express Platform is a key part of Hibernia Atlantic’s unified network with expanded global reach. Backed by Hibernia’s network, the Global Express Platform provides connectivity to 60+ global exchanges and low latency entry points around the world.

Hibernia’s Global Express Platform serves the financial community, including global broker dealers, hedge funds, and capital markets across the U.S., Canada, Europe and the Pacific Rim. The Global Express Platform is one of the most resilient and reliable next generation multi-gigabit ultra low latency networks with access to Hibernia’s global network offering over 120 Points of Presence (PoPs). In addition, the Global Express Platform offers rapid installation with industry-leading 5-day turnaround.

“Hibernia’s Global Express Platform connects high frequency traders to global exchanges along the lowest latency, purpose built network,” states Joe Hilt , Vice President of Sales North America for Hibernia Atlantic. “With direct access to international interconnection facilities, Hibernia provides global businesses the source for fast and secure financial connections. The Global Express Platform is an exclusive, custom designed network built on Hibernia’s diverse footprint. More customers in both the financial and enterprise industries are requiring ultra-low latency connections around the globe. Our Global Express Platform caters to these specific needs.”

Hibernia’s “Project Express” will enhance the existing Global Express Platform by providing the lowest latency fiber optic cable system connecting the greater New York City area with London.  This transatlantic cable will be the first build of its kind in over ten years and will offer financial clients such as traders, global banks and exchanges, connectivity with sub 60 milliseconds latency between NY and London. Once completed, Project Express will be the fastest route across the Atlantic Ocean.  This will also provide faster connections between Chicago and London or Frankfurt utilizing this new cable route.

The Global Express Platform connects the world’s largest exchanges’ data centers to its direct participants through secure and diverse dedicated, high bandwidth, ultra low-latency Ethernet and optical-level service from multimegabit to 10-GigE, LanPhy wavelengths and traditional SONET/SDH services. Utilizing the Hibernia Atlantic diverse and secure backbone, the Global Express Platform offers world-leading broker dealers, hedge funds, market data providers and other financial firms connectivity into key capital market cities.

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About Hibernia Atlantic:

Hibernia Atlantic operates a global network connecting North America, Europe and Asia with its own submarine and terrestrial network between the United States, Canada and Europe. Hibernia offers over 120 redundant network Points of Presence (PoPs) on over 24,000 kilometers of fiber. Hibernia is a subsidiary of Columbia Ventures Corporation (CVC) and owned by both CVC and Constellation Ventures Partners.

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 unparalleled support, flexibility and service. For more information on Hibernia Atlantic's cutting-edge network, please visit www.hiberniaatlantic.com.

For Hibernia media inquiries, please contact:

Jaymie Scotto & Associates | +1.866.695.3629

pr@jaymiescotto.com

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