Spread Networks Further Reduces Latency of Low Latency Wave Service

Ridgeland, MS - March 28, 2011 - Spread Networks, LLC, a privately owned telecommunications provider, today announced that it has improved the latency of its low latency Ethernet wave service between Chicago, IL and all endpoints in New Jersey. The current SLA clocks at 15.75 milliseconds roundtrip, but Spread Networks is lowering the SLA to 14.75 milliseconds, with measured performance of 14.6 milliseconds.

The new SLA is effective today and is the lowest latency of any available network service between New Jersey and Chicago, excluding Spread Network's own dark fiber service. The latency is identical from Chicago to all four of Spread's New Jersey endpoints.

Spread Networks' low latency wave service is a fully managed and secure point-to-point Ethernet service designed for enterprise customers that value low latency connectivity between the nation's largest financial centers in New York and Chicago. The wave service complements Spread Networks' flagship 13.33 millisecond roundtrip dark fiber network service.

"Spread Networks is committed to continuous improvement of our products and services," said David Barksdale, CEO of Spread Networks. "While our wavelength service was already the fastest in the market, by reducing the latency of this service even further, we have demonstrated that commitment. The only other service of any kind that is faster than our low latency wavelength service is Spread Networks' own dark fiber network service."

Spread Networks' low latency service has endpoints in Carteret, Secaucus, Newark and Weehawken, NJ, and offers one and ten gigabit wave service, with each customer receiving a dedicated wavelength, so there is no shared bandwidth.

In addition to electronic trading firms, this service is ideal for brokers, market data vendors, exchanges, ECN and alternative trading systems (ATS) that value low latency. The network is monitored by a dedicated customer service team and backed by a competitive service level agreement.

Spread Networks' fiber network was built from the ground up with the financial community in mind. In addition to its wave service, Spread Networks offers its flagship private dark fiber service that is the benchmark for ultra low latency connecting New York and Chicago in under 13.33 milliseconds roundtrip. To build this network, Spread Networks literally trenched a long-haul route on the shortest possible path connecting these two financial centers.

About Spread Networks

Spread Networks, a privately own telecommunications provider, built a new fiber network from the ground up, connecting New York and Chicago to set a new standard for latency. Without the drag of traditional telecommunications offerings, Spread Networks provides its customers with a state-of-the-art diverse and secure fiber optic network to allow data to run as close as possible to the true speed of light through fiber. 
www.spreadnetworks.com 

Contact:

media@spreadnetworks.com