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FiberNet to Extend Integrated Colocation Services to KPN Netherlands' Largest Telecom Company Benefits From Fibernet's "Virtual Hubbing" Capabilities NEW YORK, June 14 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. (NASDAQ:FTGXD), a leading provider of complex metro data services, today announced that it has been selected by KPN (NYSE:KPN), the largest telecom company in the Netherlands, to distribute KPN's traffic to its destination partners in the United States. KPN will cross connect with leading carriers through a customized, virtual presence at FiberNet's 60 Hudson Street Meet-Me- Room facility. Offering telecommunications services to both consumers and business customers, KPN is the market leader in major segments of the Dutch telecommunications industry. KPN cited the combination of FiberNet's integrated colocation facilities, continuous on-site support and access to multiple carriers as the primary reason for choosing FiberNet over other leading national players competing for this business. "Through this virtual Point of Presence, KPN will get immediate access to over 600 domestic and international carriers," said Jon A. DeLuca, President and CEO of FiberNet. "KPN will leverage our extensive network presence to get quick entry into its critical markets and to support its mission-critical communication equipment." Under the terms of the one-year agreement, FiberNet will allow KPN to interconnect with carriers residing on FiberNet's metro backbone network. The move will extend KPN's Transatlantic network across the U.S. and facilitate new business development with other carriers, ISPs and network service providers. "FiberNet's peering capabilities will greatly reduce KPN's network cost per tributary and help us deliver greater value to our customers. The streamlined path that FiberNet provides between origin and our destinations reduces the costs of transit, gives us an enhanced uptime and a much better network performance and we can pass these benefits on to our customers," said Jan Louwes, Vice President Sales & Customer Care of KPN International. FiberNet's 60 Hudson Street Meet-Me-Room, located in one of the preeminent carrier hotels in the world, provides customers with the seamless interconnectivity, optimized efficiency and flexibility of an integrated colocation facility. The strategic location of the 60 Hudson Street Meet-Me- Room is widely utilized within the telecom industry by such FiberNet customers as AT&T, Bell Canada, British Telecom, China Netcom, China Telecom, Level 3, SBC, Time Warner Telecom and Verizon. About KPN: KPN is a telecommunication company that offers a broad range of high- quality and innovative telecommunication services for both the consumers and the businesses market. KPN's core businesses include fixed network services in the Netherlands, mobile communication in the Netherlands, Germany (E-Plus), and Belgium (BASE) and data/IP services in Europe, with extended reach in the rest of the world via regional business partners. KPN's international network is a state-of-the-art data/IP backbone with a seamless footprint extending across major business and financial centers in Europe. KPN's international portfolio delivers a full range of carrier and corporate networking solutions over a high-capacity fiber-optics network. For more information about KPN, visit http://www.kpn.com/ . About FiberNet Telecom Group, Inc.: FiberNet Telecom Group, Inc. owns and operates integrated colocation facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband connectivity to other telecommunications service providers and enterprise customers for data, voice and video transmissions. 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 http://www.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. DATASOURCE: FiberNet Telecom Group, Inc. CONTACT: Norma I. Salcido of FiberNet Telecom Group Inc., +1-212-405-6210, ; or Ben Billingsley of CooperKatz & Co. for FiberNet, +1-212-455-8008, Web site: http://www.ftgx.com/ http://www.kpn.com/

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