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FiberNet Launches Phonomenum - A Carrier-Grade Platform for VoIP PeeringNew York - October 24, 2005 - FiberNet Telecom Group, Inc. (NASDAQ: FTGX), a leading provider of complex interconnection services, today announced the launch of Phonomenum, a carrier-class, ENUM-based technology platform that enables carriers, cable operators and Voice-over-IP (VoIP) service providers to establish peering connections and exchange VoIP traffic. "Phonomenum answers the challenge of interconnecting multiple Voice-over-IP service providers to directly exchange VoIP traffic," said Ernest Hoffmann, Vice President of Engineering for FiberNet. "This platform also incorporates a carrier-class implementation of ENUM to address the need for an extremely reliable, highly scalable service that can handle hundreds of millions of phone numbers as demand for VoIP service grows." ENUM refers to the Internet Engineering Task Force protocol that maps telephone numbers to resources on the Internet in much the same way a Domain Name System architecture maps domain names and host names to IP addresses. It is a key technology that enables VoIP calls to be routed directly between VoIP providers. Phonomenum will be launched at the FiberNet 60 Hudson Street Meet-Me-Room and it will leverage FiberNet's extensive network infrastructure, facilities and capacity to interconnect over 650 service providers. "Phonomenum is a direct result of FiberNet's intense customer focus and deep understanding of client needs," said Jon A. DeLuca, President and CEO of Fibernet. "With Phonomenum, FiberNet continues to be at the forefront of innovative technologies that will benefit our customers." About FiberNet Telecom Group, Inc. FiberNet Telecom Group, Inc. owns and operates integrated interconnection facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at ftgx.com. Various remarks that we may make about FiberNet's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in FiberNet's most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission. |