Telx, Neutral Tandem join to expand Ethernet exchange network services

JUNE 3, 2010 -- Telx plans to connect sites within the Telx Ethernet Exchange announced this morning with those of Neutral Tandem. The combination will provide enterprise and cloud/SaaS providers greater network choice and faster interconnections, the companies assert.

JUNE 3, 2010 -- Telx plans to connect sites within the Telx Ethernet Exchange announced this morning (see "Telx opens Ethernet exchange") with those of Neutral Tandem (NASDAQ: TNDM). The combination will provide enterprise and cloud/SaaS providers greater network choice and faster interconnections, the companies assert.

"We believe that our planned relationship with Telx will enable us to create the largest Ethernet exchange platform in the nation," said Rian Wren, president and chief executive officer, Neutral Tandem. "With this planned collaboration, Telx's service provider ecosystem will be able to leverage Neutral Tandem's expansive network, while our customers will have access to the 800+ Telx customers in their strategic interconnection centers."

Under the planned relationship, both Neutral Tandem and Telx's Ethernet Exchange offerings will be built using the same unified exchange fabric, which the companies expect will result in a seamless customer experience regardless of location. As such, Telx's service provider customers will be able to extend their geographic service regions by tapping directly into Telx's seven Ethernet exchange locations as well as Neutral Tandem's planned 14 Ethernet eXchange locations nationwide.

Telx Ethernet Exchange will become available in seven of its strategic interconnection data centers over the next nine months. Neutral Tandem previously announced plans to launch its Ethernet eXchange in 14 markets this year. Once implemented, the planned relationship will allow customers of the Telx Ethernet Exchange to leverage the Neutral Tandem exchanges in the same metro areas and across the wide area for even more connectivity choice, while Neutral Tandem customers will have secure access to Telx's service provider ecosystem in key locations, resulting in low-latency, resilient connections.

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