SOURCE: United Fiber & Data

United Fiber & Data

February 18, 2016 14:00 ET

United Fiber & Data Establishes Hudson River Crossing, Connecting Its Dark Fiber Infrastructure Between New York City and New Jersey

Substantial Increase in Bandwidth Demand Requires Pathway Diversity, Reliability and Accessibility

YORK, PA--(Marketwired - Feb 18, 2016) - United Fiber & Data ("UFD") is a privately held communication infrastructure enterprise operating as a multi-regional fiber optic network provider. UFD is the developer and operator of Liberty Lantern-1, a 24-mile purpose-built fiber pathway offering 864 fiber strands, and future 100 Gbps Ethernet and Wavelength Service over a Dense Wave Division Multiplexing network. The Company has successfully negotiated and deployed its high speed network through the Hudson River Crossing.

Key Facts:

  • UFD's Dark Fiber network is currently available in lower Manhattan
  • UFD's Hudson River Crossing is a key milestone towards its future expansion
  • UFD's fiber backbone will be routed through key rural geographic locations, including New Jersey, Pennsylvania, Maryland and Virginia
  • The Hudson River Crossing benefits existing clients and also allows room for future growth

Key Quotes:

Christopher Lodge, President & COO, United Fiber & Data

"By entering into a long term agreement with Hudson River Crossing, United Fiber & Data has positioned itself to provide its clients with best-in-class connectivity between Manhattan and New Jersey. This is a key milestone in our ongoing effort to develop pathway diversity in the Northeast corridor."

Stephen Klenert, CSO, Atlantic Metro

"UFD's Hudson River Crossing is a major addition to the market. Most existing infrastructure is close to 20 years old -- as these fiber networks meet the end of their effective lifespan, establishing new routes is essential to maintaining the health of the telecommunications industry," said Stephen Klenert, Chief Strategy Officer of Atlantic Metro Communications. "UFD's new dark fiber route enables Atlantic Metro to offer new and existing clients lit services, such as DWDM wavelength connectivity. As the demand for bandwidth between our data center locations in Manhattan and New Jersey increases, this uniquely diverse route helps position Atlantic Metro for continued growth."

About United Fiber & Data
Founded in May 2011, the executive team of United Fiber & Data ("UFD") has built Liberty Lantern-1, an operational 24-mile metro ring to service enterprise clients in lower Manhattan by connecting into the largest carrier hotels in the city. UFD has also secured the licenses and right-of-ways needed to build, Atlantic Lantern-1 and Atlantic Lantern-2, a purpose-built 400-mile rural pathway between Manhattan and the largest Internet switch in the country, Ashburn, VA. The pathway traverses and intersects with second and third tier cities lacking broadband connectivity while serving as the only purpose-built alternative pathway to directly link the financial epicenter of Wall Street and the data centric community of Ashburn. For more information, please visit www.UFD.com or get to know us on Twitter, Facebook and LinkedIn.

About Atlantic Metro Communications
Atlantic Metro is a Managed Infrastructure as a Service Provider delivering innovative IT solutions to businesses nationwide. Our comprehensive solutions include cloud computing, nationwide network connectivity, and secure Internet data center colocation. Our Virtual Private Data Center ("VPDC") solution with Atlantic Metro virtualizes your infrastructure including applications, servers, storage, networks, and security. Atlantic Metro's VPDC solution addresses the demands of a new or growing business by providing guaranteed computing resources and on-demand scalability. Atlantic Metro's suite of customized, affordable, and reliable services enables customers to secure mission-critical data and operations, as well as complement their current IT infrastructure. Reduced time to market and rapid implementation of services maximize operating efficiency, getting customers up and running quickly. More than 375 customers including Fortune 500 enterprises, legal firms, retail, web start-ups, media and advertising agencies choose Atlantic Metro for the confidence that comes with customer-focused infrastructure solutions, support systems, and scalability. Atlantic Metro's visionary team strives to foster long-standing relationships and is dedicated to empowering the growth and success of its customers. Learn more at www.atlanticmetro.net.

Forward-Looking Statement
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.

Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in UFD's core business and core markets, (ii) the contraction or lack of growth of markets in which we compete and in which our products are sold, (iii) unexpected increases in our expenses, including construction expenses, (iv) inability to adjust spending quickly enough to offset any unexpected revenue shortfall, (v) delays or cancellations in spending by our customers, (vi) unexpected average selling price reductions, (vii) changing levels of competition, (viii) changes in laws and regulations, (ix) reorganization measures, and (x) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

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