For Immediate Release May 24, 2002

Denver--Bandwidth Market, Ltd. announced today sales of high speed Internet access at $69 per megabit per second (Mbps) per month. The prices are available in over 20 of the largest US cities for 100 Megabits per second (Mbps) or more.

"This price is extraordinarily low, and many businesses that buy this service will not have to pay any additional local loop charge to their local phone company", said Howard Holme, President of Bandwidth Market, the worlds largest Internet based telecommunications brokerage. The $69/Mbps service is available in numerous locations, including New York, Los Angeles, Chicago, Houston, Dallas, Atlanta, Seattle, San Francisco, San Diego, Miami, Washington, Philadelphia, Boston, Denver, Kansas City, Orlando, and Tampa.

In addition to high speed Internet access, Bandwidth Market offers both intercity and intracity (or local loop) fast Ethernet and Gigabit offerings, connecting more than 15,000 location pairs at speeds of 100, 200, 700 and 1000 Mbps. Intercity private lines are available at 100 Mbps speed for $8,900 per month. "We also have intracity Ethernet offerings at half of even these low prices," according to Holme. "Because business Local Area Networks, and these Metro Area and Wide Area Network offers are all on Ethernet, they are perfect for business use. Too often, local loop charges (the charge to connect a phone to the local phone company central office) exceed cross-country, or even transoceanic charges. A circuit for four blocks in Washington or Paris should not cost more than a circuit for 4,000 miles across the ocean, but it often does," continued Holme.

For businesses using much smaller 1.5 Mbps or T1 speed Internet circuits, Bandwidth Market lists a price of $675, including local loop, in 55 cities.

India is opening up its telecommunications services. Connecting New York to Mumbai India at 155 Mbps (STM1) speed costs $130,000 per month, 45 Mbps (DS3) costs $92,000 per month. Hundreds of private lines are available throughout Europe at 2 Mbps (E1) to 622 Mbps (STM4) speeds through the BandwidthMarket.com site.

US prices have also declined. New York to Dallas at 622 Mbps (OC12) speed is available for $12,500 per month, Dallas to LA at this speed is $1,000 less. Hundreds of private lines throughout the US are listed for 2.5 Gigabits per second at $.001 per DS0 (voice circuit) per mile per month, and 10 Gigabits per second at $.00065 per DS0/mi/mo.

Bandwidth Market, Ltd. is a leading source of telecommunications services and information, and was recently featured in the New York eimes. Last year, Frost and Sullivan awarded Bandwidth Market with the 2001 Internet Marketing Strategy Leadership Award and concluded that "BandwidthMarket.com's website provides a wealth of information to its service provider sellers, and corporate and carrier buyers, and is effectively using the Internet as a key marketing strategy that will continue to drive company growth."