SOURCE: Lexent Metro Connect

Lexent Metro Connect

July 21, 2010 08:03 ET

Chicago-Based Financial Firms Utilize Lexent Metro Connect's Dark Fiber Routes in and Around New York and New Jersey

To Enable Robust Low Latency Networks by Connecting to Major Carrier Hotels, Financial Exchanges and Data Centers in the New York Metro Area

NEW YORK, NY--(Marketwire - July 21, 2010) - Lexent Metro Connect, a leading provider of dark fiber networks in the New York Metropolitan area, announces today the company is experiencing a surge of Chicago-based financial firms utilizing its New York and New Jersey dark fiber routes to connect to major carrier hotels, financial exchanges and financial data centers throughout the metro area. Known for building and maintaining some of the shortest routes in and around New York, including many with sub 100 microsecond optical delay, Lexent's secure dark fiber is accessible in such key carrier hotels as 165 Halsey Street, Newark, NJ; 755 Secaucus Rd., Secaucus, NJ; and 300 Boulevard East, Weehawken, NJ among others. With one fast connection, firms can utilize Lexent Metro Connect's dark fiber to reach financial exchanges, banks, trading firms and back-up data centers in key New York and New Jersey facilities. By deploying Lexent dark fiber, major financial firms are able to realize low latency network benefits quickly without the additional expense and time of building their own dark fiber networks in the area.

Chicago-based financial institutions, often colocated in 350 E. Cermak, Chicago, already have a variety of network connections in and around New York, such as at 60 Hudson in New York City, 165 Halsey Street in Newark, 300 Boulevard East in Weehawken, 275 Hartz Way in Secaucus, and 5851 West Side in North Bergen. At any of these locations, firms can access Lexent's New York metro dark fiber to connect to over 100 major carrier hotels, exchanges, banks and enterprise buildings. Lexent's diverse footprint enables expanded reach and robust network architectures.

"Today's financial institutions require ultra low latency connectivity to establish market leadership in the competitive financial and algorithmic trading arenas," states Ray La Chance, President and CEO of Lexent Metro Connect. "Firms with a network strategy encompassing dark fiber, when coupled with other low latency equipment, can achieve significant competitive advantages."

Lexent has a strategic focus on the financial sector, delivering high performance, custom-built, low latency network services across its 150+ route mile fiber network. Building short and dedicated dark fiber routes allows major financial institutions to achieve significant advantages over competition.

For more information, please visit www.lexent.net.

About Lexent Metro Connect:
Lexent Metro Connect, LLC offers enterprise customers and service providers in New York City and its surrounding boroughs state-of-the-art, custom built, dark fiber optic networks. As a leading provider of dark fiber networks in the New York Metropolitan area, Lexent is the only fiber company that owns, operates, builds and maintains its own dark fiber network in-house. Lexent offers its customers the option to leverage an existing dark fiber network as an extension of their own, or to build a new, dedicated, private fiber network in the City. Lexent also provides direct connectivity to carrier-neutral colocation facilities, enabling Freedom of Choice in pursuing wholesale buying of Network Services. Lexent's ever-growing network provides diverse connectivity between regional Carrier Hotels, Central Offices, and Enterprise Buildings. For more information on Lexent Metro Connect, please email info@lexent.net  or call 212.981.0700.

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