FOR IMMEDIATE RELEASE
Arbinet-thexchange Introduces SelectRoutingSM For Retail Traffic
New Brunswick, NJ – September 30, 2003 – Arbinet-thexchange, the full-service trading solution for buyers and sellers of voice minutes, announced today the introduction of SelectRoutingSM, the retail routing solution for premium traffic. Developed in conjunction with Members of thexchange, SelectRoutingSM demonstrates strong pre-launch endorsement with 1,435 qualified routes available to 587 destinations. The average call completion rate of traffic bought and sold by Members in the first full week of SelectRoutingSM trading was markedly higher than traditional wholesale traffic.
SelectRoutingSM pre-qualifies retail-quality routes while extending thexchange’s existing benefits of liquidity, price improvement, and centralized settlement to this new segment of traffic. It assures the stability and performance of routes through pre-testing for seven consecutive days against quality benchmarks, and through ongoing performance checks that continuously verify the route’s Select status.
Additional SelectRoutingSM features include:
“We are thrilled with the support and commitment that our Members have shown throughout this collaborative effort to develop a superior customized routing service for retail traffic,” says Arbinet-thexchange CEO J. Curt Hockemeier. “SelectRoutingSM is a natural next step toward extending the benefits offered by thexchange to address other opportunities for our carrier Members.”
The release of SelectRoutingsup>SM is synchronized with a number of platform improvements to thexchange’s core service, now called PrimeRoutingSM, which include enhanced order entry, customized ASR matching and routing prioritization according to TQISM, Thexchange Quality Index.
A Member inputs trade parameters and the system automates sales and purchase order execution, complex calling code matching, call routing to specific breakout destinations and manages the quality of service of traded capacity. The system also handles the credit risk management, billing and commercial settlement aspects of these transactions.
Arbinet-thexchange also distributes market transaction data that provides carriers with reliable pricing, quality and routing information for use in planning and negotiations. These products include: AXCESSCODESM international calling code breakouts and AXCESSRATESM market price and quality data.
For more information, visit Arbinet-thexchange at www.thexchange.com.
120 Albany St. Tower II, Suite 450, New Brunswick, NJ
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