Perseus Launches 11 New Connected Cities in Asia Roll-Out

Record breaking expansion connecting Asia to Rest of World

Jul 21, 2015, 08:00 ET from Perseus

NEW YORK, July 21, 2015 /PRNewswire/ -- Perseus, a leading provider of managed services and connectivity for high-precision, high-performance applications, has expanded its Points of Presence (PoP) and connectivity into several major Asian markets. Adding 75,000 miles of new subsea cable connectivity to the Perseus network reaching a number of the world's key emerging markets, including some of the largest client contracts in Perseus' history.

The new PoPs extend the Perseus network from North America to India, Hong Kong, China, Japan, Singapore, Australia and the Philippines with dual and diverse PoPs in almost every location and encompassing all financial exchange colocation centers, including Tokyo, Hong Kong, Mumbai, Pasig City, Manila, Sydney, Guam, Singapore, Seattle, Los Angeles and San Jose. This service expansion enables Perseus to deliver additional features for customers in these new locations, building upon its globally-renowned managed services suite.

"This is a significant milestone for Perseus and the fastest rollout Perseus has ever completed. Speed matters and is a key advantage we provide our customers. These new PoPs are instrumental in allowing Perseus to deliver global service very quickly and to focus on customers in these regions," said Jock Percy, CEO of Perseus. "The Asian markets are an integral part of the Company's strategic global expansion plan. We see vast opportunities in these fast growing and diverse markets."

Perseus shipped over 120 network devices across the globe, and deployed multi-point, high-performance switches that create a self-healing, dynamic network. Perseus also installed Ultra-Low Latency (ULL) Layer 2 switches, enabling delivery of market-to-market managed services to customers. These enhancements, along with ability to provide service on demand, ensure that Perseus customers in these Asian markets are equipped with the fastest connections and the most robust network available in the industry.

Perseus is the world's leading provider of managed services and high-precision, high-speed connectivity. With clients spanning the Financial, TMT and iGaming sectors, Perseus offers a fully-managed suite of services across the trade lifecycle as well as many of the world's fastest market-to-market routes. Wall Street and Fortune 500 companies choose Perseus to provide managed infrastructure services, custom-designed global networks, high precision time, colocation and turn-key trading solutions with industry-leading, 24x7 support. Serving 70+ markets in 30 countries on five continents, Perseus offers proximity hosting for over 300 exchanges globally. @PerseusCorp

SOURCE Perseus