AboveNet Renews 10 Year Lease At White Plains HQ

Continues commitment to the White Plains community with this lease signing

WHITE PLAINS, July 28 -- AboveNet Communications, Inc.,(NYSE: ABVT) a leading provider of high bandwidth connectivity solutions, today announced that it has signed a 10-year lease with Reckson, a Division of SL Green, to remain at its White Plains headquarters location. 

Bill LaPerch, AboveNet President and CEO, said, “We are pleased to continue our commitment to the White Plains community with this lease signing. The New York area is one of our most important and robust markets of the15 major metro markets that we support.  Our White Plains headquarters is strategically located to serve the needs of some of the world’s most demanding customers.”  

John Barnes, SVP, Senior Director for Reckson, a Division of SL Green, added, “Having a premier service provider like AboveNet as a long term tenant is a vote of confidence for the service we provide. This 32,000-square-foot location offers AboveNet access to the tri-state markets. In addition, as a measure of our confidence in AboveNet solutions, we have offered them a master telecom agreement to be able to offer telecommunications services to our tenants in the region

AboveNet's solutions provide true route diversity, redundancy and gigabit-level bandwidth to and from customer sites in support of their mission-critical needs.  AboveNet is able to offer high bandwidth solutions using a portfolio of services that can be custom designed to meet specific customer needs.  Whether the customer’s data center are in the metro, the WAN or they require managed services, AboveNet is well-positioned to offer a cost-effective, scalable solution to meet those needs.

About AboveNet, Inc.
AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. metro markets and globally. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

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This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company’s control. This also includes such factors as are described from time to time in the SEC reports filed by AboveNet, Inc., including the most recently filed Form 8-K.