By Hibernia Atlantic Press Release

SUMMIT, NJ & DUBLIN, IRELAND- August 13, 2009- Hibernia Atlantic, the only diverse transAtlantic submarine transport cable provider,today announces the company is now the first to offer native, 40 Gbps wavelength (WL) capacity across the Atlantic Ocean, without the need for external equipment. By deploying the latest 40G network technology, Hibernia has increased the potential capacity of the Atlantic system to 10.16Tb/s.

Hibernia Atlantic's first-to-market offering is in response to its North American customers' demand for greater bandwidth capacity, stemming from the precipitous rise in deployment of next-generation services, such as streaming video, IP multimedia and web conferencing.  Additionally, financial exchanges and media houses need secure and high-performance capacity to ensure they are meeting their industries' critical network requirements.

“Hibernia Atlantic is pleased to offer its clients this new, native 40 Gbps (WL) technology across the Atlantic,” states Bjarni Thorvardarson, CEO for Hibernia Atlantic.  “This latest achievement displays Hibernia's continued commitment to deploy the most advanced, innovative capacity upgrades for commercial use across the Hibernia cable system.  This offering provides global investment banks, CDNs, broadcasters, international PTTs and ISPs in need of high-bandwidth a better network solution.  With increased capacity, on a reliable network at wholesale prices, companies can continue to deploy streaming video and other next-generation applications and services over the Hibernia Atlantic network, with confidence and ease.”

“The ability to offer Hibernia Atlantic's customers native 40 Gbps connectivity across the Atlantic is a great advance in network efficiency, providing customers additional capacity to communicate over Hibernia's diverse and secure cable route,” continues Eric Gutshall, Executive Vice President of Sales and Marketing for Hibernia. “This new subsea advancement is another example of Hibernia Atlantic's commitment to providing the highest levels of network performance, innovation and customer satisfaction to the market, in record-breaking time.”

For Hibernia's global network map, please visit www.hiberniaatlantic.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 (70) redundant network Points of Presence (PoPs) throughout Canada, US, UK and mainland Europe on over 24,000 kilometers of network.  Hibernia provides 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.