Emerald Networks Announces Execution of Landing Party Agreement with Mayo County Council in Ireland

Agreement with local Irish authorities is the latest in a series of milestones and achievements that Emerald Networks has announced regarding Emerald Express, the new-build submarine cable system connecting North America to Europe and Iceland.

Apr 22, 2013, 12:30 ET from Emerald Networks

DUBLIN, Ireland, April 22, 2013 /PRNewswire/ -- Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced today the signing of an agreement with Mayo County Council.

Under this agreement, Mayo County Council will provide certain rights and required support for the landing site of the Emerald Express subsea cable in County Mayo, Ireland. This infrastructure will enable Emerald Express to utilize the most innovative optical technologies and provide the most advanced undersea telecommunications system ever constructed to date.

"As we continue toward full implementation of Emerald Express, we are extremely pleased and looking forward to a productive relationship with our strategic collaborators, including the Mayo County Council," said Dr. William C. Marra, CEO of Emerald Networks. "Due to the continued market expansion of media and mobile demand for internet bandwidth and new multimedia applications we are anticipating massive market changes driven by explosive growth in telecommunications traffic worldwide, and our system will be a central part of this evolution."

This news is the latest in a series of strategic company milestones that Emerald Networks has announced recently. Over the past four months alone, the company announced the capacity sale to Vodafone, Landing Party Agreement with AT&T for a cable station in Shirley, NY, a strategic investment by Storage Engine, Inc., as well as the appointments of Dr. William C. Marra to Chief Executive Officer, Mr. Phillip Magiera to Chief Financial Officer and Dr. Gisli Hjalmtysson to its Board of Directors.

Emerald Networks, is a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity and will be a low-latency network across the Atlantic.  Emerald Networks is an open network architecture platform that is agnostic and enables upgrades with various new technologies. It will be the first 100G system with a unique route that links Shirley, New York to the West Coast of Ireland with a branch connection to Grindavik, Iceland and a future branch connection to Southern Europe. The system is scheduled to be ready for service by 3Qtr. 2014.

Media Contact: North 6th Agency, Inc.
212-334-9753, emerald@n6a.com

SOURCE Emerald Networks