HIBERNIA EXPRESS TRANSATLANTIC SUBSEA CABLE IS READY FOR SERVICE, MARKING A MILESTONE IN GLOBAL COMMUNICATIONS

First new transatlantic cable in over a decade officially launches, delivering lowest latency and highest performance network service across the Atlantic

DUBLIN, IRELAND – SEPTEMBER 15, 2015 - Hibernia Networks, a leading provider of high speed global telecommunications services, announces that Hibernia Express, its new 4,600km ultra low latency submarine cable connecting Halifax, Nova Scotia to Slough, England and Cork, Ireland, is ready for service (RFS). The first transatlantic cable built in over 12 years, the Hibernia Express launch marks a milestone for global communications, addressing the strong demand for fast, high-performing global network services. According to TeleGeography, demand for bandwidth between North America and Europe is projected to increase 40% annually over the next six years driven by the surge in cloud computing, large data transfer and storage requirements.

“The Hibernia Networks team has demonstrated an unwavering commitment towards completing the first transatlantic subsea cable in over a decade and we are thrilled to announce its official launch,” states Bjarni Thorvardarson, CEO of Hibernia Networks. “We are proud to have accomplished this transformational milestone, and more importantly, we are proud to deliver the lowest latency, highest performance capacity required to facilitate real-time access to information and content by the ever growing global communications community.”

The Hibernia Express cable features the most advanced cable infrastructure and optical transmission technologies, which enable performance capabilities superior to any existing transatlantic cable systems. Hibernia Express features optical transport services up to 100Gbps speeds and is capable of 200Gbps service on select segments. The 6-fiber-pair cable is optimized for lowest latency performance, offering an unmatched roundtrip delay of sub-60 milliseconds on the New York to London route. Leveraging a state-of-the-art dense wavelength division multiplexing (DWDM) platform, Hibernia Express is engineered to potentially scale up to 400Gbps per circuit and beyond, enabling customers to meet bandwidth requirements as they increase over time.

“Network latency has become a critical performance factor for financial firms, content providers, and web-based companies, among other industries, reliant on latency-sensitive applications to run their businesses,” states Alan Mauldin, Research Director at TeleGeography. “Hibernia Networks has designed the new Hibernia Express transatlantic cable to provide the lowest latency service between major financial and commercial centers in North America and Europe utilizing a more direct route and the latest generation optical technologies.”

Hibernia Express benefits numerous customer segments, including but not limited to those within the financial markets and media and broadcast industries, as well as web-centric companies and other telecommunication service providers. In May 2015, Microsoft and Zayo Group signed on to Hibernia Express and were amongst the cable’s initial customers.

For more information on how latency impacts your business, click here to download TeleGeography’s Network Latency White Paper.

For more information on Hibernia Express, visit www.hibernianetworks.com/hibernia_express.

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About Hibernia Networks: Hibernia Networks owns and operates a global network connecting North America, Europe and Asia, serving 89 markets and spanning 25 countries.

Hibernia Networks serves customers with unparalleled support, flexibility and service in a variety of industry segments including the telecom service provider, financial services, media and entertainment, and web-centric segments. Hibernia Networks provides secure and diverse dedicated Ethernet, DTM, Wavelengths and carrier-grade IP Transit services. As a true, end-to-end service provider, Hibernia Networks also offers cloud connectivity, low latency services and HiberniaCDN for seamless anytime, anywhere content delivery. Hibernia Networks’ new transatlantic cable, Hibernia Express provides the lowest latency connectivity available between North America and Europe.

For Hibernia Networks media inquiries, please contact:

Jaymie Scotto & Associates

+1.866.695.3629 ext. 5

pr@jaymiescotto.com

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