NeXXCom Wireless Claims Major Speed Advantage

Posted by Jaymie Scotto on January 31st, 2012

 

NeXXCom Wireless, a full service wireless product and system supplier with high packet microwave and millimeter wave solutions that drive next-generation IP networks, is deploying its state of the art ultra-low latency microwave radio technology. This technology  intends to cut more than 3 milliseconds (mS) from major fiber networks on the financial trading path between Chicago and New Jersey.

The increase in speed is expected to be highly beneficial  for financial trading firms. NeXXCom Wireless’ technology is below 10mS round trip today which is a significant improvement for High Frequency Trading. Sal S. Benti, CEO of NeXXCom Wireless notes “There is no way to accurately measure the effect of the speed increase but it has been estimated that each 1mS improvement can be worth $100 million to a financial trading firm. Our client firms are highly secretive about their trading network strategies and given the amount of profits involved, it’s understandable.”

NeXXCom Wireless has recently joined the Dark Fiber Community and will provide knowledge of wireless technology advancements to community members. Allied Fiber CEO and founder of the Dark Fiber Community, Hunter Newby commented “Fiber and microwave compliment each other in many areas including HFT and mobile backhaul for LTE. I suspect that as trading firms learn more about NeXXCom Wireless’ technology they will begin proliferating these ultra low latency networks around the glove in the not distant future to gain competitive advantage.”

For more information, please visit www.nexxcomwireless.com

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Hibernia Maintains Momentum with Project Express

Posted by Jaymie Scotto on January 30th, 2012

Hibernia’s recent announcement with Huawei shows that Project Express is underway and taking the necessary steps to complete the cable build. The purpose of Project Express will be to connect London to New York, two of the largest exchanges, with the lowest latency. Announced in 2010, Project Express has made significant strides since then. November 2011 brought on the physical survey where ships surveyed the entire proposed route.

The significance of Hibernia’s latest news with Huawei is that manufacturing of the cable is now underway. With the cable manufacturing underway, the next step will be the installation and delivery of service. Project Express will be an essential key route addition to Hibernia Atlantic’s existing Global Financial Network (GFN), by uniting hundreds of financial exchanges and global banks with a single low latency connection.

For more information on Project Express, visit www.hiberniaatlantic.com.

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Zayo CFO to Present at Deutsche Bank 2011 Leveraged Finance Conference

Posted by Jaymie Scotto on October 11th, 2011

Zayo announces Ken desGarennes, CFO of the Zayo Group, will present at the Deutsche Bank 2011 Leveraged Finance Conference. The conference takes place on October 12 and 13 at The Phoenician in Scottsdale, Arizona. Mr. desGarennes’ presentation will commence at 11:15 AM PT on Thursday, October 13.

Mr. desGarennes leads Zayo Group, a Colorado-based network operator that has acquired 16 companies since launching in 2007, which has grown to $287 million in annualized revenue.  Zayo serves wireline and wireless carriers, data centers, internet content and services companies, high bandwidth enterprises as well as federal, state and local government agencies. Zayo provides these services over regional, metro and fiber-to-the-tower networks. Zayo’s network assets include over 24,000 route miles, connecting 153 markets across 31 states plus Washington D.C.

For more information on Zayo Group, visit www.zayo.com.

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Low Latency Becomes Increasingly Critical in Every Industry

Posted by Jaymie Scotto on September 20th, 2011

Maura Mahoney, Vice President of Marketing and Business Development for Sidera Networks sums it up nicely in a recent article for Corp! Magazine – Low Latency is no longer solely imperative to the financial services industry, it is an area of focus for companies across a variety of industries. With the increase of cloud adoption and bandwidth-intensive applications, businesses are utilizing innovative operations that require more efficient network connectivity. Just as minimizing delays in transactions and increasing data speed are critical to success, performance delays can lead to costly outcomes.

_Low latency networks’ real time connectivity is ideal for businesses operating in today’s deadline-driven society. The connectivity facilitates more efficient collaboration between employees, customers, staff, students, and enterprises, saving time and money. For example, low-latency networks are a critical component to providing superior quality care in the healthcare industry. Real time connectivity allows for faster assessments, diagnoses, and collaboration between doctors and nurses.

Speed has become a network must have across industries. Low latency requirements and networks should be tailored to individual clients’ needs. To ensure that your network is suited to support your business’ needs consider the following:

Application performance on high-speed networks can be enhanced by combining low latency and high capacity.

  1. High-speed networks act as the ideal platform for applications, such as video-conferencing, rich content, live-streaming media, and access to real-time information.
  2. Improve the reliability and accessibility of your cloud-based Web applications via a low latency network.
  3. The real-time connectivity provided by a low latency network is ideal for deadline-driven environments.
  4. Low latency networks allow for more efficient collaboration, saving time and money.

To read the full release, please click here. For more information on Sidera Networks visit www.sidera.net.

 

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Carriers Utilize GlobeNet’s Low Latency Capacity to Reach BOVESPA

Posted by vanessa on August 3rd, 2011

GlobeNet’s ultra low latency capacity offers financial firms fast, secure connectivity to conduct trades and transactions. Designed with the latest in Dense Wave Division Multiplexing (DWDM) technology GlobeNet’s 22,000 kilometer network has the lowest latency design on all network routes, including the protected network paths – for a network availability in excess of 99.99%.  WithGlobeNet a total design capacity of more the 1Tb/s, GlobeNet offers the wholesale community reliable and secure data transport services.

Carriers and service providers can augment existing networks and routes with GlobeNet’s wholesale offering including International Private Line, Wavelength, and Carrier Ethernet services.  With a network spanning the Americas, GlobeNet also offers an express route connecting Wall Street in NYC to BOVESPA in Brazil, one of the hottest and fastest growing trading routes.

For more information, please visit www.globenet.net.

To view the latest financial announcement, please go to: http://globenet.net/?p=news-events&sec=press&id=23

 

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Hibernia Atlantic’s GFN Provides Low Latency Access to BATS Global Markets

Posted by vanessa on June 29th, 2011

Big financial news announced today at the inaugural Telecom Exchange held at NYC’s Global Financial Networklandmark Cipriani on Wall Street. BATS Global Markets secured low latency access from Hibernia Atlantic connecting its BATS financial Exchanges in the U.S. and Europe to Hibernia’s Global Financial Network (GFN). The GFN not only provides one of the fastest connections to key financial cities and Exchanges, but it also offers 100% secure connectivity to BATS and others with its ‘Hibernia Secure’ failover routing.   Multiple guaranteed route options ensure that clients have the most reliable and secure connectivity to conduct financial trades and transactions.

Financial traders around the world now have the capability to connect into the BATS markets from over 120 key financial cities on the GFN network.  For more information on the Global Financial Network and its industry leading 5 day turn-ups, please read below or visit www.hiberniagfn.com.

HIBERNIA ATLANTIC’S GLOBAL FINANCIAL NETWORK (GFN)

PROVIDES LOW-LATENCY ACCESS TO BATS GLOBAL MARKETS’ U.S. AND EUROPEAN EQUITIES MARKETS

SUMMIT, NJ & DUBLIN, IRELAND – June 29, 2011 - Hibernia Atlantic, the only US-owned, diverse transatlantic high bandwidth connectivity provider, announces today that its Global Financial Network (GFN) now provides access to the BATS Exchanges in the U.S. and BATS Europe, operated by BATS Global Markets. In the U.S., the BATS Exchanges (BATS BZX Exchange and BATS BYX Exchange) handle approximately 10-11% of all equities trading and BATS Options handles approximately 4% of all equity options trading. BATS Europe operates an FSA-authorised multilateral trading facility (MTF) for pan-European equity securities with approximately 6% pan-European market share and 11% of the FTSE 100.

Hibernia’s GFN can now provide traders from around the world the ability to connect into the BATS markets from anywhere on the GFN network, including over 120 key financial cities with an industry-leading 5-day turn-up. Hibernia is also offering “Hibernia Secure’, a single interface to a secure, reliable and dedicated platform.  ‘Hibernia Secure’ offers multiple route options, providing 100% guaranteed uptime between BATS and other critical trading routes. “We are delighted that Hibernia is committed to working with us to bring their customers seamless, low-latency access to our markets in the U.S. and Europe,” states Chris Isaacson, Chief Operating Officer at BATS Global Markets. “We’re committed to easing frictions in the marketplace for our market participants, so we’re excited when key industry providers such as Hibernia link to our venues and increase connectivity choice for our customers.”

Hibernia’s GFN is a purpose-built, exclusive network for the financial industry, including banks, financial exchanges and trading firms. Specifically designed to meet the demanding performance and reliability requirements of the financial community, the GFN offers access to key metro markets and financial exchanges in North America, UK, Europe and now the Asia Pac-Rim. With over 120 points of presence, Hibernia’s GFN is built upon 24,000 kilometers of fiber optic cable, extending to the world’s key financial cities. Additionally, the company offers an industry-leading 5-day turn-up or the first month free.

“Our innovative GFN enables traders and exchanges to execute trades faster and more efficiently,” states Bjarni Thorvardarson, CEO of Hibernia Atlantic. “Clients can now securely connect to BATS from any point on the GFN, expanding network availability and delivering high performance network services to the global financial community. We are also providing an extra layer of diversity and security; ‘Hibernia Secure’ will automatically re-route traffic to a secondary route of the client’s choice in the unlikely event of signal loss. With multiple route choices in and around London and across the globe, Hibernia’s ultra low latency routes and diverse back-up routes ensure customers receive top quality service at all times.”

To find out more information on the GFN, please contact sales@hiberniaatlantic.com or visit www.hiberniagfn.com.

#  #  #

About Hibernia Atlantic’s GFN:

Hibernia Atlantic’s Global Financial Network (GFN) is a financial exchange connectivity division of Hibernia Atlantic, the Trans-Atlantic, high-bandwidth, connectivity provider. Built on over 24,000 kilometers of network, GFN connects the world’s largest exchanges’ datacenters to its direct participants through secure and diverse dedicated, high bandwidth, ultra low-latency Ethernet and optical-level service from 1-GigE, 10- GigE, LanPhy wavelengths and traditional SONET/SDH services. Utilizing the Hibernia Atlantic diverse and secure backbone, GFN offers world-leading broker dealers, hedge funds, market data providers and other financial firms over 120 Points of Presence (PoPs) into key capital market cities in the US, Canada, UK, France, Germany, Ireland, mainland Europe and the Pacific Rim. Hibernia is building the lowest latency connectivity from New York to London with sub 60 ms RTD called Project Express. For more information, please visit www.hiberniagfn.com.

For Hibernia media inquiries, please contact:

Jaymie Scotto & Associates | +1.866.695.3629

pr@jaymiescotto.com

About BATS:

BATS Global Markets (BATS) is a leading operator of stock and options markets around the globe. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe, an FSA-authorised multilateral trading facility in Europe. Each of these marketplaces is powered by BATS’ innovative and proprietary technology that was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visit www.batstrading.com.

BATS … Making Markets Better.

For BATS media inquiries, please contact:

Kelly Bailey or Stacie Fleming

BATS Global Markets

Phone: +44 (0) 207.012.8950 or +1.913.815.7193

Email: comms@batstrading.com

 

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Metro | NS – Going Beyond 100 Gig

Posted by Jaymie Scotto on June 16th, 2011

Metro | NS a leading optical network planning, design, construction and maintenance firm is continuing its blog series with an overview of the opportunities and obstacles to increasing capacity beyond 100 Gbps. The blog explains how coherent receivers using sophisticated DSP algorithms allow for the additional performance improvements needed to increase throughput by 10 times on a DWDM channel originally engineered to carry 10 Gbps.

To learn more, please visit www.MetroNS.com or to follow the discussion on Twitter, click HERE

For the complete blog by their CTO, Doug Haluza, click here http://www.metrons.com/2011/06/16/beyond-100-gig/.

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Hibernia Atlantic’s Project Express Marks Another Key Milestone For Sub <60 Millisecond Transatlantic Submarine Cable

Posted by vanessa on June 15th, 2011

Another milestone for Hibernia Atlantic hits the marketplace this morning regarding its historic Project Express subsea cable build.  The submarine survey, a critical step in the transatlantic network’s deployment, is now underway and will provide valuable data to assist Huawei Marine Networks Co., Ltd. in the cable manufacturing process. Specially designed ships will survey the ocean floor to ensure conditions are acceptable and cable is properly designed.

Project Express will offer the lowest latency connectivity in history between New York and London.  On track to be completed in 2012, this is the first transatlantic subsea cable build in over 10 years.

For more information on the deepsea submarine survey, please visit www.hiberniaatlantic.com or read the full announcement below:

HIBERNIA ATLANTIC’S PROJECT EXPRESS MARKS ANOTHER KEY MILESTONE FOR SUB <60 MILLISECOND TRANSATLANTIC SUBMARINE CABLE

DEEP-SEA SUBMARINE SURVEY DESIGNED TO EXPEDITE CABLE MANUFACTURING AND INSTALLATION IS UNDERWAY

SUMMIT, NJ & DUBLIN, IRELAND – June 15th, 2011 – Hibernia Atlantic, the only American-owned, diverse transatlantic high bandwidth connectivity provider, announces another important milestone in its Project Express cable build; its deep-sea submarine survey is now underway. A critical step in this historic build, the submarine survey will use specialist ships to sail the exact planned route of the cable from Brean, England to Halifax, Nova Scotia, ensuring the chosen route is free of obstacles and to assess the installation techniques to be used. As the first transatlantic subsea cable build in ten years, Project Express will offer the lowest latency route from New York to London of less than 60 milliseconds.  This will be the fastest, most direct route connecting the continents since the deployment of the first telegraph cables.

Hibernia Atlantic is commencing with the survey now and accelerating to the next phase. The results of this survey will allow for Huawei Marine Networks Co., Ltd. to manufacture the cable to the exact requirements, accommodating the conditions of the seabed and ensuring its resiliency.

“The deep-sea survey is another important step in manufacturing the Express cable system,” states Nigel Bayliff, Chief Executive Officer of Huawei Marine Network. “Data which is collected in this survey will allow us to deploy a system properly designed for the changing conditions along the route. Additionally, information received from the survey will greatly enhance system security.”

“The new Express transatlantic cable will provide high capacity, fast speeds, and a secure and reliable environment to transport critical transactions faster from one key financial city or exchange to the next,” states Bjarni Thorvardarson, CEO of Hibernia Atlantic. “Project Express will offer the lowest latency from New York to London, allowing Hibernia to strategically serve this highly competitive marketplace.  The survey, in which we are using three ships to survey the exact route chosen for our Express cable, is a substantial undertaking for Hibernia and we are excited as this marks the start of the physical build and lay of the cable.  We are encouraged by the interest that this cable has received in the financial community and we are excited to be building it for our Express Partners.”

Project Express will be an essential route on Hibernia’s Global Financial Network (GFN).  The GFN currently unites hundreds of global banks and financial exchanges with a single connection and guaranteed 100% up-time SLAs. Built for the financial community, the GFN meets their demanding performance and reliability requirements. Project Express will further strengthen the GFN, reinforcing it as the fastest path across the Atlantic, with additional fast and secure links throughout North America, Europe and Asia.

The first phase of the new build will begin with a new cable from the Brean in Somerset in the UK, to Halifax in Canada then connect to Hibernia’s current low latency cable from Halifax to Lynn near Boston and onwards to New York. In addition, the new system will include branching units for future latency enhancements to the U.S. and Continental Europe. To join those in the financial community that have partnered with Hibernia on this historic build, please contact Hibernia sales at express@hiberniaatlantic.com.

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About Hibernia Atlantic:

Hibernia Atlantic is the only American-owned, diverse, transatlantic, high bandwidth, connectivity provider. The Company owns a transatlantic submarine cable system and terrestrial fiber network that offers over 120 Points of Presence throughout Canada, the US, UK, and mainland Europe, spanning over 24,000 kilometers. Hibernia’s investors are Columbia Ventures Corporation and Constellation Ventures.

Hibernia provides secure and diverse dedicated Ethernet, DTM and optical-level service including GigE, 10G and LanPhy wavelengths and traditional SONET/SDH services. Hibernia offers wholesale capacity prices, unparalleled support, flexibility and service. Hibernia Express will be the lowest latency cable between New York and London offering access to key metro markets and financial exchanges in North America, UK and Europe. The Company’s media division, Hibernia Media, operates in more than 60 European and North American markets and represents the largest, national, state-of-the-art optical switching and Dynamic Transport Mode (DTM) network.

For more information on Hibernia Atlantic’s cutting-edge network or to view the company’s communication video, please visit www.hiberniaatlantic.com. For further information on Hibernia Media, please visit www.hiberniamedia.com.

For Hibernia Atlantic company inquiries, please contact Melissa Butler at +1.908.988.1990 or melissa.butler@hiberniaatlantic.com.

For Hibernia Atlantic media inquiries, please contact:

Jaymie Scotto & Associates

+1.866.695.3629

pr@jaymiescotto.com

 

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Hibernia Atlantic’s ‘Hibernia Secure’ Service Now Offers Guaranteed 100% Availability on Its Fastest Lit Connections between Chicago, Toronto, New York Metro, London and Frankfurt

Posted by vanessa on June 14th, 2011

Hibernia Atlantic just announced its now bundling its 100% uptime guarantee with ‘Hibernia Secure’ on its fastest Global Financial Network (GFN) routes connecting Chicago, London, Frankfurt, New York, and London. Now service providers, financial firms and enterprise companies can securely connect to Hibernia’s GFN and rest assured their trades and transactions are fast, reliable and safe.

Dedicated to securely connecting the financial industry, including banks, financial exchanges and trading firms, Hibernia’s GFN has a resilient, reliable, dedicated platform, ‘Hibernia Secure’, to ensure safer and faster trading. With service available from 10 Mbps to 1 Gpbs, ‘Hibernia Secure’ offers one single interface with multiple route options, providing 100% guaranteed uptime between critical trading routes.

All of this coupled with Hibernia’s industry-leading 5-day turn-up or 1 month free, gives clients increased speed, and reach to key financial cities around the globe.

For more information, please visit www.hiberniagfn.com

Hibernia Atlantic’s ‘Hibernia Secure’ Service Now Offers Guaranteed 100% Availability on Its Fastest Lit Connections between Chicago, Toronto, New York Metro, London and Frankfurt

SUMMIT, N.J. & DUBLIN– Hibernia Atlantic, the only US-owned, diverse transatlantic high bandwidth connectivity provider, announces today it will bundle its industry leading 100% uptime Service Level Agreement (SLA) with Hibernia Secure on its lowest latency lit capacity between key U.S. and European financial cities. The ‘Hibernia Secure’ service adds dedicated network protection across its low latency failover routes on Hibernia’s Global Financial Network (GFN) and adds an additional layer of protection for financial firms’ critical communications.

“GFN’s customers now have, with one single connection, access to multiple low latency network routes between key financial cities such as New York and Chicago and the peace of mind that comes with our improved SLA.”

Hibernia Secure, like Hibernia’s standard GFN service, also offers industry-leading, rapid 5-day installations, from signature to service, or will receive one month of free service guaranteed. Secure was created to meet the demands of the financial community asking for dedicated network protection over low latency failover routes between Chicago, Toronto, New York Metro, London and Frankfurt. Additionally, for a limited time, Hibernia Secure customers will be given 1 and 2 months of free service on 12 and 24-month term contracts, respectively.

“GFN’s customers now have, with one single connection, access to multiple low latency network routes between key financial cities such as New York and Chicago and the peace of mind that comes with our improved SLA,” states Eric Gutshall, Executive Vice President of Sales & Marketing for Hibernia Atlantic. “This in turn strengthens GFN’s speed and delivery to other highly sought-after financial cities, and provides a true competitive advantage for financial firms and high frequency traders globally.”

To view the GFN network map, please visit: http://www.hiberniagfn.com/documents/GFN_StatSheet_0211.pdf

To find out more information on the GFN and Hibernia Secure, please contact sales@hiberniaatlantic.com or visit www.hiberniagfn.com.

About Hibernia Atlantic’s GFN:

Hibernia Atlantic’s Global Financial Network (GFN) is a financial exchange connectivity division of Hibernia Atlantic, the Trans-Atlantic, high-bandwidth, connectivity provider. Built on over 24,000 kilometers of network, GFN connects the world’s largest exchanges’ datacenters to its direct participants through secure and diverse dedicated, high bandwidth, ultra low-latency Ethernet and optical-level service from 1-GigE, 10- GigE, LanPhy wavelengths and traditional SONET/SDH services. Utilizing the Hibernia Atlantic diverse and secure backbone, GFN offers world-leading broker dealers, hedge funds, market data providers and other financial firms over 120 Points of Presence (PoPs) into key capital market cities in the US, Canada, UK, France, Germany, Ireland, mainland Europe and the Pacific Rim. Hibernia is building the lowest latency connectivity from New York to London with sub 60 ms RTD called Project Express. For more information, please visit www.hiberniagfn.com.

 

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FiberMedia Participates at Leading New York Metro Area Financial Events

Posted by vanessa on June 2nd, 2011

FiberMedia is kicking off the summer with two high profile financial events: Market Structure Revolution and
SIFMA’s financial Services Technology Leaders Forum and Expo 2011. The FiberMedia team will showcase its managed data centers – offering secure and redundant facilities to the financial community.  With five state-of-the-art data centers throughout the New York and New Jersey Metro areas, FiberMedia’s carrier neutrality and geographic proximity allow clients to trade the financial markets efficiently and quickly.

For more information, please read below or visit www.fibermedia.net.

FiberMedia Participates at Leading New York Metro Area Financial Events

High Capacity, Low Latency, SAS 70 Secure Data Centers For the Financial Community

Secaucus, NJ – June 2, 2011FiberMedia Group, LLC, a leading managed data center provider with facilities throughout the New York metropolitan area and Cleveland, OH, announces its participation at two upcoming leading financial events, the Market Structure Revolution and SIFMA’s Financial Services Technology Leaders Forum and Expo 2011, both being held in New York City. FiberMedia will show financial firms how to leverage its SAS70 certified managed data center solutions to run their high-speed applications across high capacity, low latency networks, giving them the ability to quickly transact with all New York/New Jersey Metro financial exchanges.

FiberMedia is a proud sponsor of The Market Structure Revolution, a TabbForum Event being held June 13, 2011 at the AXA Equitable Theater in New York City. Discussions will focus on financial exchange mergers, new regulations and the impact upon financial market structure.

In addition, FiberMedia will exhibit at the Financial Services Technology Leaders Forum, hosted by Securities Industry and Financial Markets Association (SIFMA) being held from June 14-16 in New York City. Bringing together hundreds of securities firms, traders, brokers, banks and asset managers, SIFMA’s Leadership Forum offers dynamic panels and strategic discussions on the trends and technology in the financial marketplace.

With its geographically dispersed, managed data centers throughout the New York and New Jersey metro area, FiberMedia offers the financial community secure and redundant facilities with close proximity to major financial hubs and exchanges. Its Secaucus, New Jersey data center is centrally located between the Mahwah Exchange and New York City’s Financial District; Jersey City, NJ data center is a high-security facility ideal for financial clients that require a robust selection of diverse connectivity and low latency routes to Manhattan; and its New York City, NY data center resides in the heart of the New York financial district which serves as a connection hub and a processing center for financial clients.

“We are honored to be a part of these two respected financial events, as we have a strategic focus in serving this very dynamic marketplace,” states John Panzica, Executive Vice President of Sales and Marketing for FiberMedia Group. “Our data centers were engineered to comply with the most stringent standards, along with the infrastructure to support ultra low latency connectivity to conduct financial trades and transactions quickly.”

For more information about FiberMedia Group, please visit www.fibermedia.net. To meet with the FiberMedia team at either event, please email jsa_fibermedia@jaymiescotto.com.

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About FiberMedia Group, LLC:

FiberMedia Group is a privately held, shareholder-operated company known for its innovation and customer responsiveness. The company’s six data centers are fully redundant, network neutral and offer a large array of different network providers to meet the needs of today’s technology-driven companies. The company facilities provide primary as well as disaster recovery data center services and are located in Manhattan, Brooklyn, Secaucus, Jersey City, Westchester and Cleveland. For over 10 years, FiberMedia Group has offered customized solutions through its dedicated sales engineers, design/build team, and 24/7 customer service.

 

For FiberMedia Group media inquiries, please contact:

Jaymie Scotto & Associates

+1.866.695.3629

pr@jaymiescotto.com

 

 


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