Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral
data center and Internet exchange services, announces today that
Hibernia Atlantic’s Global Financial Network (GFN), a next generation
multi-gigabit, high-speed exchange connectivity platform, has become
part of Switch and Data’s GeoReach Program in North Bergen, New Jersey.
Hibernia’s GFN provides a fiber network which is dedicated to global
capital markets across all asset classes in the U.S., Canada, Europe and
the Pacific Rim.
Built to meet the demanding performance and reliability requirements of
the financial community, Hibernia's GFN unites hundreds of financial
exchanges and global banks with a single connection. GFN offers robust,
diverse connectivity to its state-of-the-art, Trans-Atlantic network,
including access to key exchanges, banks and counterparties. This
network provides secure and redundant fiber connectivity to multiple
facilities in strategic locations so that financial customers can access
multiple providers with one single point of connectivity.
“As a part of Switch and Data’s GeoReach Program, we will be able to
provide further connectivity throughout North America and Europe from
Switch and Data’s New York EcoCenter in North Bergen,” states Joe Hilt,
Vice President of Sales, North America for Hibernia Atlantic GFN. “Our
network will provide the companies colocated there with low-latency and
secure global connectivity, all with one dedicated point-to-point
service. Additionally, Hibernia offers industry-leading rapid
installation, notably five days from signature to service, guaranteed.
Our GFN platform combines operational excellence and innovative
engineering to provide speed and accuracy to the financial community.”
Switch and Data's GeoReach program is a select group of providers, such
as Hibernia Atlantic, who have engineered their networks to meet the
needs of the high-frequency trading community. GeoReach participants
have engineered optimum paths from Switch and Data’s Financial EcoCentersSM
to each of the regional liquidity providers to satisfy the requirements
of the most latency-sensitive infrastructures. Firms can focus on their
core operations and add each new alternative trading system (ATS) or
exchange using a cost-effective, minimal footprint, while still
maintaining ultra low-latency communication across the financial markets.
“Hibernia’s GFN is a great addition to our program as it provides our
customers with access to global banks and the world’s leading
exchanges,” continues John Panzica, Vice President of Switch and Data’s
Financial Services Practice. “Providing secure, large-bandwidth capacity
is crucial for our EcoCenter clients.”
GeoReach participants are a critical element of Switch and Data’s
Financial EcoCenters, which provide mission-critical infrastructure to
meet the security, volume and low-latency requirements of the electronic
trading community. Switch and Data’s Financial EcoCenters aggregate an
ecosystem of the pre- and post-trade service providers, buy-side and
sell-side communities into the geographic centers of the major markets
of New York and Toronto.
About Hibernia Atlantic’s GFN
Hibernia Atlantic’s Global Financial Network (GFN) is a financial
exchange connectivity division of Hibernia Atlantic, the Trans-Atlantic,
high-bandwidth, connectivity provider. Built on over 24,000 kilometers
of network, GFN connects the world’s largest exchanges’ datacenters to
its direct participants through secure and diverse dedicated, high
bandwidth, ultra low-latency Ethernet and optical-level service from
1-GigE, 10-GigE, LanPhy wavelengths and traditional SONET/SDH services.
Utilizing the Hibernia Atlantic diverse and secure backbone, GFN offers
world-leading broker dealers, hedge funds, market data providers and
other financial firms over 100 Points of Presence (PoPs) into key
capital market cities in the US, Canada, UK, France, Germany, Ireland
and mainland Europe. For more information, please visit www.hiberniagfn.com.
About Switch and Data
Switch and Data is a premier provider of network-neutral data centers
that house, power and interconnect the Internet. Leading content
companies, enterprises and communications service providers rely on
Switch and Data to connect to customers and exchange Internet traffic.
Switch and Data has built a reputation for world-class service,
delivered across the broadest colocation footprint and richest network
of interconnections in North America. Switch and Data operates 34 sites
in the U.S. and Canada, provides one of the highest customer
satisfaction scores for technical and engineering support in the
industry, and is home to PAIX® — the world's first commercial
Internet exchange.
Important information about Switch and Data is routinely posted to the
investor relations section of the company's website www.switchanddata.com.
For copies of all Switch and Data press releases and SEC filings, please
visit the website. To automatically receive Switch and Data financial
news by email, please visit the website and subscribe to Email Alerts.
Investors are encouraged to check Switch and Data's website frequently
to access the most up-to-date information.
STC Associates
Jennifer Handshew, 212-725-1900 ext. 228
jhandshew@stcassociates.com
or
Switch
and Data
Chris Reid, 813-207-7722
creid@switchanddata.com
or
Jaymie
Scotto & Associates
(On behalf of Hibernia Atlantic)
866-695-3629
pr@jaymiescotto.com