By Hibernia Atlantic

SUMMIT, NJ & DUBLIN, IRELAND– Hibernia Atlantic, the only diverse transAtlantic submarine transport cable provider, today announces that it has been selected by IPC Systems, the leading provider of indispensable communications solutions to financial services firms, to help create the foundation for its Next Generation Data Network Solutions in North America and Europe.

Hibernia's GFN provides ultra low latency network connectivity between global banks and financial exchanges through a single connection, over its diverse and secure global communications network.  The network is built upon 24,000 Kilometers of fiber optic cable and offers customers access to key metropolitan markets and financial exchanges in North America, the United Kingdom and across Europe.

“IPC is committed to delivering new network capabilities such as Electronic Connection Services, to link market participants to exchanges,” commented Jeff Britell, director, Carrier Services, Americas, IPC.  “We partnered with Hibernia Atlantic to provide our services because their ground-breaking network topology delivers the low latency, resiliency and rapid turn-up time required for our customers to maintain a competitive edge.”

“IPC has not only been a customer, but a partner with 10 points of presence on our network throughout North America and Europe,” added Joe Hilt, vice president, Americas, Hibernia Atlantic.  “The GFN has provided IPC with unique opportunities to extend into new markets quickly, efficiently and cost-effectively.  If they need to get into a market, we are there to deliver it for them.”

Currently Hibernia Atlantic's GFN provides customers with a guaranteed five-day turn-up from signature to service, or one month free. For more information on Hibernia Atlantic's GFN, please visit www.hiberniagfn.com. For Hibernia Atlantic's company information, including its latest network maps and service offerings, please visit www.hiberniaatlantic.com.

About IPC:

IPC is a leading provider of indispensable financial trading communications solutions to the world's leading financial services firms and global enterprises. With 35 years of expertise and innovation, IPC provides its customers with global systems and solutions, as well as a suite of products and enhanced services that includes advanced Voice-over-IP technology and integrated network and 24x7x365 management services in more than 60 countries. Based in Jersey City, N.J., IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com.

About Hibernia Atlantic:

Hibernia Atlantic is the largest, privately held, diverse transAtlantic submarine cable transport provider.  Hibernia is a US, wholly-owned subsidiary of Columbia Ventures Corporation (CVC).  It is a TransAtlantic submarine cable and terrestrial cable network that offers over (75) redundant network Points of Presence (PoPs) throughout Canada, US, UK and mainland Europe on over 24,000 kilometers of network.  Hiberniaprovides secure and diverse dedicated Ethernet and optical-level service up to GigE, 10G and LanPhy wavelengths and traditional SONET/SDH services.   In addition, Hibernia offers wholesale capacity prices, unparalleled support, flexibility and service. For more information on Hibernia Atlantic's cutting-edge network or to view their corporate video, please visit www.hiberniaatlantic.com.

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