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Press Release
Arbinet-thexchange Plans Expansion and Enhancement of IP Services
2008-06-05
New Brunswick, NJ, USA – June 5, 2008 – Arbinet-thexchange, Inc. [Nasdaq: ARBX], a leading provider of innovative voice and IP solutions for buying and selling telecommunications capacity, announced today that the company plans to expand the presence of its Internet Points of Presence (POPs). During the third quarter of 2008, Arbinet will launch a new POP in Hong Kong. The company recently added a POP at 25 Broadway in New York, and expects to add more global POPs over the next two years.
This fall, Arbinet will deploy the latest version of its patented OptimizedIP service. This updated service will feature enhanced intelligent IP routing based on the measured quality of suppliers’ individual routes. OptimizedIP provides significantly improved network performance by routing traffic based on near real-time quality metrics of jitter, latency and packet loss, rather than traditional “best effort” Internet routing. Members can take advantage of this technology by connecting to one of Arbinet’s global POPs.
“As in our voice exchange business, there is increasing market demand to provide customers with more choices and greater flexibility to grow their businesses,” said Curt Koeppen, chief marketing officer of Arbinet. “Arbinet’s plans to expand and enhance our IP services are an important part of our strategic plan to grow our business. These scalable services enable our Members to focus on their primary services and increase the value of their businesses.”
Arbinet’s enhanced IP services offer service providers a “one-stop shop” for simplified IP supply management, reduced network infrastructure costs and optimized routing performance. Our efficient and flexible managed platform allows sellers to maximize revenue and increase profit margin. The Hong Kong POP will increase business opportunities for Members in the Asian Region, further demonstrating Arbinet’s commitment to the Pacific Rim.
For more information on Arbinet please visit www.arbinet.com.
About Arbinet
Arbinet is a leading provider of innovative voice and IP solutions empowering communications companies to create the most efficient and valuable global interconnections. Arbinet offers the greatest flexibility in global scale, platform intelligence, and managed solutions to achieve commercial efficiency and interconnection simplicity.
Arbinet manages business relationships, back office operations and call routing for Members who route through Arbinet approximately 2% of the world’s international voice traffic to over 1,300 destinations worldwide. These Members include fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and content providers around the world who buy and sell voice and IP telecommunications capacity and content. For more information about Arbinet’s solutions, visit www.arbinet.com
Forward-Looking Statements
This press release contains forward-looking statements regarding anticipated future revenues, growth, capital expenditures, management’s future expansion plans, expected product and service developments or enhancements, and future operating results. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "should" or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause Arbinet’s actual results to differ materially from the results indicated by these forward-looking statements, including, without limitation: the ability of Arbinet to effectively divest Broad Street Digital Limited; members (in particular, significant trading members) not trading on our exchange or utilizing our new and additional services (including DirectAxcessSM, PrivateExchangeSM, AssuredAxcessSM and PeeringSolutionsSM); continued volatility in the volume and mix of trading activity; our uncertain and long member enrollment cycle; the failure to manage our credit risk; failure to manage our growth; pricing pressure; investment in our management team and investments in our personnel; regulatory uncertainty; system failures, human error and security breaches that could cause Arbinet to lose members and expose it to liability; and Arbinet’s ability to obtain and enforce patent protection for our methods and technologies. For a further list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1A of the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 17, 2008, and other filings that have been filed with the Securities and Exchange Commission. Arbinet assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise and such statements are current only as of the date
they are made.
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120 Albany St. Tower II, Suite 450, New Brunswick, NJ 08901 phone: 732-509-9100, fax: 732-509-9101, website: www.arbinet.com.
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