CFN Services Expands Financial Network With Telx

* Reuters is not responsible for the content in this press release.

Wed May 27, 2009 9:05am EDT

  NEW YORK, NY and CHICAGO, IL, May 27 (MARKET WIRE) -- 
Key Highlights:


--  New relationship joins CFN Services' low latency
    network with Telx's proximity hosting advantages.
--  CFN's ultra low latency solution guarantees a
    round-trip connection between Telx's NY metro and
    Chicago facilities that is at or below
    16.6 milliseconds.
--  Telx customers gain direct access to a leading network
    integrator and design firm serving the financial
    services industry.
--  A common carrier-neutral stance provides CFN and Telx
    customers with optimal solutions.

    
Telx, one of the largest and fastest growing domestic interconnection
and colocation data center operators, announced today that custom network
provider CFN Services has added network nodes for its ultra low latency
financial network in Telx facilities at 60 Hudson Street and 111 8th
Avenue in New York City as well as in 600 South Federal Street in
Chicago. These new nodes allow Telx Financial Exchange customers
colocated in New York, New Jersey, and Chicago -- including Telx
customers colocated in the company's facility at 350 East Cermak Street
-- access to CFN's ultra low latency network, which guarantees speeds of
16.6 milliseconds or better.

    The addition of CFN into Telx facilities helps Telx customers gain an
optimized network configuration to ensure the ultra low latency for all
pieces of the trading process from market data feeds, ticker plants,
exchanges and other key trading platforms. These services can provide the
competitive advantage that financial companies need to gain an edge in
today's market. CFN Services will also work to implement a customized plan
to ensure that the network configurations are optimal based on each
customer's individual criteria.

    "In the current market, financial services companies need every advantage
available to thrive," says Eric Shepcaro, CEO of Telx. "The suite of
financial service providers and ultra low latency networks, such as those
offered by CFN, are critical to our customers' success. Telx remains
committed to seeking out service providers who can help our customers
realize their full business potential."

    In addition, the carrier-neutral stance adopted by both Telx and CFN
provides added advantage for customers: by bringing a wide variety of
service providers to the table to compete for your business, Telx helps
customers get the lowest available service price with high-quality
proximity hosting; while CFN creates custom networks utilizing optimal
spans from available routes based on the customer requirements regarding
latency, price, optimization, performance, and time to install.

    "In addition to ultra low latency networking, CFN offers unique,
performance-level SLAs that guarantee a specific latency today and network
improvements that guarantee latency improvements over time," said Wil
Tirado Vice President of Engineering for CFN. "When obtained from within a
Telx colocation facility, customers are assured a long-range business plan
for growth that accommodates both current and future needs for decreased
latency and increase space, power, and cooling over time."

    About Telx

    Telx is a world-class leader in providing interconnectivity solutions
through their network-neutral and network rich, colocation facilities. 
With over a dozen facilities in North America, Telx offers cost effective
networking solutions for customers to seamlessly access diverse global
networks and exchange information in a secure and reliable environment.
Over 600 leading telecommunications carriers, ISPs, content providers and
enterprises rely on Telx's world-class team to support their
mission-critical global infrastructure needs and to create a global
connectivity marketplace to dramatically expand their business growth
opportunities. Telx is a privately held company headquartered in New York
City with facilities in New York, Atlanta, Chicago, Dallas, Los Angeles,
San Francisco, Santa Clara, Miami, Phoenix, Charlotte, as well as
Weehawken and Clifton, N.J. For more information about Telx, visit
www.telx.com.

    About CFN Services

    CFN Services is a managed telecom infrastructure services company
providing network services for the Enterprise, Public Sector and Carrier
Markets. Specializing in network planning, deployment, and managed
services, including local access transport, low latency networking, and
mobile backhaul optimization, CFN Services leverages the company's
flagship FiberSource(R) network planning and optimization platform. CFN
Services has provided network planning and deployment services to some of
the leading wireless and wireline network operators including Verizon,
AT&T, Level 3 and Sprint. For more information, visit www.cfnservices.com.

    

Contact:
Karyn Price
Bailiwick Company for Telx
+1 609 397 4880 ext. 204
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.