Fortis Group leases fiber-optic infrastructure from Metromedia Fiber Network

Feb. 26, 2001
Feb. 26, 2001--Fortis will lease dark fiber infrastructure from Metromedia Fiber Network, Inc., a supplier of optical IP Internet infrastructure within key metropolitan areas internationally.

Fortis will lease dark fiber infrastructure from Metromedia Fiber Network, Inc. (MFN) (Nasdaq: MFNX), a supplier of optical IP Internet infrastructure within key metropolitan areas internationally.

Fortis will use the infrastructure leased from MFN to connect several of its main locations in the Netherlands. Fortis chose MFN because of MFN's experience with fiber-optic infrastructure and MFN's broad network presence in The Netherlands. The infrastructure will provide Fortis with the reliability of a fully redundant data network as well as the ability to provision its own bandwidth on an unmetered basis, as required, to meet increasing capacity demands. In addition, the dedicated dark fiber provides a higher level of security compared with traditional leased facilities, since no other customer traffic will utilize the network.

About Fortis:

Fortis is an international group that offers a financial services through various distribution channels.

About Metromedia Fiber Network, Inc.:

Metromedia Fiber Network, Inc provides Internet connectivity, co-location and managed services solutions for high-bandwidth applications. For more information, visit www.mmfn.com.

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