For Immediate Release April 15, 2002

Bandwidth Market, Ltd. just announced price reductions of up to 75% for private telecommunications lines connecting 50 major US and Canadian cities. Customers can connect any two of the 50 cities for voice, data, or video traffic at the following speeds: OC3 (155 Million bits per second or Mbps), OC12 (622 Mbps) and 2.5 and 10 Gigabits per second (Gbps) "wavelengths".

Bandwidth Markets prices are for circuits throughout the US and Canada, and for both "protected" circuits that can be restored in the event of failure within 50 milliseconds, and as "unprotected" circuits that would be restored more slowly. Three-year leases for a 2.5 Gbps unprotected wavelength connecting two cities cost $.00087 per DS0 per mile per month (DS0mm), and 10 Gbps cost $.00057 per DS0mm. Unprotected OC3 is available for $.0024, OC-12 at $.0018, and OC-48 for an extremely low $.0013 per DS0mm. Full "1+1" protection costs about 50% more. Albany, Atlanta, Chicago, Dallas, Denver, St Louis, Houston, Los Angeles, Memphis, Montreal, New Orleans, New York City, Ottawa, Philadelphia, Phoenix, Toronto, Washington DC and many other cities can be connected.

Howard Holme, President of Denver-based Bandwidth Market said, "These offers vastly reduce prices, and are more sophisticated offers for different quality services. Some of these prices are 75% lower than prices a few months ago. Phoenix to Atlanta cost $57,000 per month for a protected OC3 operating at 155 Mbps; now it is under $12,000. Fortune 500 corporations will start using big pipes to connect their corporate offices."

Holme gave an example of voice traffic between New York and Washington DC. "For $8,700 per month, one can buy 2.5 Billion bits per second from New York City to Washington DC. This equals over 32,000 standard voice circuits or DS0 circuits. I remember when a person using a voice circuit between New York and DC paid about $1 per minutenow the wholesale circuit costs about $.25 per month. For $25,000 per month, the cost of four employees per month, one can buy enough bandwidth (128,000 voice circuits) to carry all the normal voice traffic between New York and Washington. Of course, this doesnt include the local loops, and doesnt include back up circuits. Nevertheless, the companies that can attract customers and use the bandwidth are kings."

A year ago, very few companies offered both protected and unprotected wavelengths of information filled light. Anthony Lowe, Bandwidth Market Pricing Manager said, "Internet Service Providers want unprotected wavelengths to reduce costs. Banks and hospitals want 1+1 protection so that if one line gets cut, another takes its place before anyone notices. We have these, and other levels of protection. It gives us great wholesale offerings."

Bandwidth Market is the largest Internet market for private lines, Internet access and transit, collocation, dark optical fiber and long distance minutes in the world. It has more than 200,000 offerings and more than 10,000 requests per day. Bandwidth Market works with more than 100 carriers and many large enterprises as wholesaler and broker of telecommunications services throughout the US and to more than 100 nations, and also has the biggest and best telecom website in the world, with tens of gigabytes of information.