CNX2, Frankfurt, Germany October 21, 2008 -- PacketExchange, leading global provider of private network services with internet economics, today announces the expansion of its global network with its launch of services at Equinix Singapore Internet Business Exchange (IBX®) located at 20 Ayer Rajah Crescent, Singapore. The move was spurred by the growing trend in Asia of Software as a Service (SaaS) and cloud computing and the associated need for high-quality global connectivity into and out of the region.

As part of the service launch, PacketExchange invites existing Singapore IBX customers to plug into its network with a single Ethernet port to gain immediate access to a range of dedicated network services including Global Ethernet, Global Peering, Application Delivery or Content Delivery network services, and Dedicated Internet Access with multi-homed access to multiple Tier 1 IP Transit backbones.

PacketExchange's global network consists of a redundant mesh of dedicated wavelengths and layer-2 MPLS/VPLS technology to ensure low latency, near-zero packet loss and near-zero jitter, offering a fast, reliable and cost-effective alternative to the public Internet. Through carefully managed Quality of Service (QoS), PacketExchange's global private network supports today's most demanding applications such as digital media production, high-definition video, telepresence and cloud computing, while making private network security and guaranteed performance economical for organizations both large and small.

"The rapid growth of demand in Asia for cloud computing and Software as a Service is the primary driver for this expansion," states Chuck Stormon, CMO of PacketExchange. "This deployment will enable our existing and new customers in Singapore and the surrounding region to connect direct with digital trading partners around the world."

As part of the launch, Singapore IBX customers will benefit from exclusive access to eXpress™, PacketExchange's revolutionary Global Peering service, extending private peering to over 120 members' networks in and near its 44 points of presence world-wide.

About PacketExchange
PacketExchange is the leading provider of private network services with internet economics -- providing Global Ethernet, Global Peering, Content Delivery, Application Delivery, Dedicated Internet Access and Internet Transit. Our unique real-time transactional services platform leverages a global private layer-2 MPLS/VPLS network to offer a fast, secure, reliable and cost-effective alternative to the public Internet backbone. PacketExchange's redundant mesh across Europe, USA and Asia and exclusive wide-area peering fabric enable hundreds of access and broadband service providers, digital media, content and web application providers, enterprises and customers to connect directly to their trading partners around the world. PacketExchange is a privately held company headquartered in London, UK with network facilities in Amsterdam, Brussels, Chicago, Dallas, Dublin, Frankfurt, Hong Kong, London, Los Angeles, Manchester, Miami, New York, Palo Alto, Paris, San Francisco, San Jose, Seattle, Secaucus NJ, Singapore and Washington DC.

For more information please contact:
Jaime Tero
Grant Butler Coomber for PacketExchange
Tel: +1 415 989 9803
Email: jaimet@gbc-usa.com