FiberNet Unveils Network Operations Center

New Jersey State and Local Officials Applaud FiberNet's Technology Investment



Apr 10, 2001, 01:00 ET from FiberNet Telecom Group, Inc.

    NEW YORK, April 10 /PRNewswire/ -- FiberNet Telecom Group, Inc.
 (Nasdaq: FTGX), a leading provider of metropolitan optical connectivity,
 together with New Jersey government officials, today unveiled FiberNet's
 primary Network Operations Center (NOC) in Newark, NJ.  Newark Mayor Sharpe
 James, Joan Verplank of the New Jersey Chamber of Commerce, James Donnelly of
 the New Jersey Economic and Development Authority and Newark Council members
 Anthony Carrino, Augusto Amador and Gayle Chaneyfield-Jenkins are among the
 local officials scheduled to participate in the event at 1 Gateway Center in
 Newark, NJ.
     The NOC, which monitors FiberNet's nationwide network, proactively
 responds to customer service incidents, ensuring the highest protection and
 continuous flow of customer data.  Scaleable for future network growth and
 technology development, FiberNet's NOC will monitor existing network
 facilities in New York, Chicago and Los Angeles.
     "FiberNet is delighted to open its new facility with the help of
 distinguished government officials who've helped companies strategically
 locate in New Jersey," said FiberNet CEO Michael Liss.  He added, "This move
 enables FiberNet to maximize network capabilities, preserve optimum security,
 and provide our carrier customers with state-of-the-art end-to-end network
 connections."
     "FiberNet's decision to open its operations center in New Jersey is a
 dynamic validation of Newark's emerging role as America's newest 'wired city'
 and a leader in the electronic economy," said Newark Mayor Sharpe James.
 "We're pleased to welcome FiberNet to our business community."
     FiberNet received a significant grant from the New Jersey Business
 Employment Incentive Program, a factor in the company's decision to establish
 the Center in New Jersey.
     Today's announcement builds upon FiberNet's recent expansion.  Within the
 last year, the company has successfully entered into over 65 long-term
 agreements with carriers for utilization of its Metropolitan Transport
 Networks (MTNs), FiberNet In-building Networks (FINs), and carrier hotel
 facilities.
     FiberNet was also recently selected to build and operate a Meet-Me-Room at
 60 Hudson Street, the preeminent telecommunications carrier hotel, serving as
 a hub and interconnection point among international and domestic voice and
 data carriers.  Located in New York City, the 15,000 square foot Meet-Me-Room
 will allow for the seamless cross-connection of networking equipment and
 communications traffic between carriers in a centralized facility, offering
 enhanced accessibility to both existing and future carrier tenants of the
 building.
     "FiberNet's decision to open its operations center in Newark demonstrates
 the desirability of New Jersey's cities as excellent sites for business
 relocation and expansion," said Charles E. (Sandy) Hance, CEO and Secretary of
 the New Jersey Commerce & Economic Growth Commission.  "We are pleased to
 welcome FiberNet and its employees to New Jersey's family of companies."
     For more details about the event, please contact Jennifer Stein at
 212-460-0562.
 
     About FiberNet:
     FiberNet Telecom Group, Inc. is a carrier's carrier that designs, builds
 and operates 100% fiber optic transmission networks in major cities. The
 company's Metropolitan Transport Networks (MTNs) link carrier hotels and
 multi-tenant office buildings. FiberNet enters into license agreements with
 nationwide property owners to design, build, and operate FiberNet In-building
 Networks (FINs) within Class A commercial properties.
     FiberNet has lit multiple strands of fiber on its MTN throughout New York
 City and Los Angeles, with extensive plans to introduce its services to other
 cities this year. The FiberNet network utilizes a diversely routed, SONET ring
 architecture that extends from premier carrier hotels to Class A office
 buildings that are equipped with a FIN. By offering carrier class backbone
 reliability directly to tenants and carrier premises, FiberNet is seeking to
 set a new standard for the fastest local loop delivery and connectivity of DS1
 to OC192, and 10/100b Ethernet circuits. For more information on FiberNet,
 please visit the company's Web site at http://www.ftgx.com.
 
     This press release may include projections or forward-looking statements.
 Words such as "anticipates," "expects," "intends," "plans," "believes,"
 "seeks," "estimates" and variations of these words and similar expressions,
 are intended to identify forward-looking statements.  These statements are not
 historical facts but instead represent only management's current expectations
 and beliefs regarding future events, many of which, by their nature, are
 inherently uncertain and outside of FiberNet's control. It is possible that
 FiberNet's actual results and financial position may differ, possibly
 materially, from those expressed, implied or forecasted in these
 forward-looking statements. For a discussion of some of the risks and factors
 that could affect FiberNet's future results and operations, see our
 registration statement on Form S-3 (as filed with the SEC on January 10,
 2001), under the caption "Risk Factors."  Readers are cautioned not to place
 undue reliance on these forward-looking statements.
 
 

SOURCE FiberNet Telecom Group, Inc.
    NEW YORK, April 10 /PRNewswire/ -- FiberNet Telecom Group, Inc.
 (Nasdaq: FTGX), a leading provider of metropolitan optical connectivity,
 together with New Jersey government officials, today unveiled FiberNet's
 primary Network Operations Center (NOC) in Newark, NJ.  Newark Mayor Sharpe
 James, Joan Verplank of the New Jersey Chamber of Commerce, James Donnelly of
 the New Jersey Economic and Development Authority and Newark Council members
 Anthony Carrino, Augusto Amador and Gayle Chaneyfield-Jenkins are among the
 local officials scheduled to participate in the event at 1 Gateway Center in
 Newark, NJ.
     The NOC, which monitors FiberNet's nationwide network, proactively
 responds to customer service incidents, ensuring the highest protection and
 continuous flow of customer data.  Scaleable for future network growth and
 technology development, FiberNet's NOC will monitor existing network
 facilities in New York, Chicago and Los Angeles.
     "FiberNet is delighted to open its new facility with the help of
 distinguished government officials who've helped companies strategically
 locate in New Jersey," said FiberNet CEO Michael Liss.  He added, "This move
 enables FiberNet to maximize network capabilities, preserve optimum security,
 and provide our carrier customers with state-of-the-art end-to-end network
 connections."
     "FiberNet's decision to open its operations center in New Jersey is a
 dynamic validation of Newark's emerging role as America's newest 'wired city'
 and a leader in the electronic economy," said Newark Mayor Sharpe James.
 "We're pleased to welcome FiberNet to our business community."
     FiberNet received a significant grant from the New Jersey Business
 Employment Incentive Program, a factor in the company's decision to establish
 the Center in New Jersey.
     Today's announcement builds upon FiberNet's recent expansion.  Within the
 last year, the company has successfully entered into over 65 long-term
 agreements with carriers for utilization of its Metropolitan Transport
 Networks (MTNs), FiberNet In-building Networks (FINs), and carrier hotel
 facilities.
     FiberNet was also recently selected to build and operate a Meet-Me-Room at
 60 Hudson Street, the preeminent telecommunications carrier hotel, serving as
 a hub and interconnection point among international and domestic voice and
 data carriers.  Located in New York City, the 15,000 square foot Meet-Me-Room
 will allow for the seamless cross-connection of networking equipment and
 communications traffic between carriers in a centralized facility, offering
 enhanced accessibility to both existing and future carrier tenants of the
 building.
     "FiberNet's decision to open its operations center in Newark demonstrates
 the desirability of New Jersey's cities as excellent sites for business
 relocation and expansion," said Charles E. (Sandy) Hance, CEO and Secretary of
 the New Jersey Commerce & Economic Growth Commission.  "We are pleased to
 welcome FiberNet and its employees to New Jersey's family of companies."
     For more details about the event, please contact Jennifer Stein at
 212-460-0562.
 
     About FiberNet:
     FiberNet Telecom Group, Inc. is a carrier's carrier that designs, builds
 and operates 100% fiber optic transmission networks in major cities. The
 company's Metropolitan Transport Networks (MTNs) link carrier hotels and
 multi-tenant office buildings. FiberNet enters into license agreements with
 nationwide property owners to design, build, and operate FiberNet In-building
 Networks (FINs) within Class A commercial properties.
     FiberNet has lit multiple strands of fiber on its MTN throughout New York
 City and Los Angeles, with extensive plans to introduce its services to other
 cities this year. The FiberNet network utilizes a diversely routed, SONET ring
 architecture that extends from premier carrier hotels to Class A office
 buildings that are equipped with a FIN. By offering carrier class backbone
 reliability directly to tenants and carrier premises, FiberNet is seeking to
 set a new standard for the fastest local loop delivery and connectivity of DS1
 to OC192, and 10/100b Ethernet circuits. For more information on FiberNet,
 please visit the company's Web site at http://www.ftgx.com.
 
     This press release may include projections or forward-looking statements.
 Words such as "anticipates," "expects," "intends," "plans," "believes,"
 "seeks," "estimates" and variations of these words and similar expressions,
 are intended to identify forward-looking statements.  These statements are not
 historical facts but instead represent only management's current expectations
 and beliefs regarding future events, many of which, by their nature, are
 inherently uncertain and outside of FiberNet's control. It is possible that
 FiberNet's actual results and financial position may differ, possibly
 materially, from those expressed, implied or forecasted in these
 forward-looking statements. For a discussion of some of the risks and factors
 that could affect FiberNet's future results and operations, see our
 registration statement on Form S-3 (as filed with the SEC on January 10,
 2001), under the caption "Risk Factors."  Readers are cautioned not to place
 undue reliance on these forward-looking statements.
 
 SOURCE  FiberNet Telecom Group, Inc.