Perseus Telecom Wins Global Telecoms Business Innovation Award for Fastest Connection to BM&FBOVESPA

LONDON and NEW YORK, June 13, 2012 /PRNewswire/ -- Perseus Telecom, global provider of enterprise and financial telecommunications, announced today the Global Telecoms Business 2012 Innovation Award for Financial Network Innovation has been presented to Perseus Telecom and partner GlobeNet.

The accolade recognises the fastest available trading connection to Brazil's BM&FBOVESPA Exchange from New York's NASDAQ, which Perseus also routes to major global exchanges such as the CME, NYSE, BATS, LSE, Deutsche Borse and Eurex. Trading firms looking to leverage liquidity, arbitrage and hedging opportunities are able to connect simply to Brazil whilst solving the industry conundrum of multiple hop delays and capitalising on time sensitive geared algorithms.

"Perseus Telecom is thrilled to accept the GTB 2012 Financial Network Innovation Award as we continue our world expansion in response to customer demand," says Dr. Jock Percy, Chief Executive of Perseus Telecom. "Providing the express route to Brazil has broadened the horizons of opportunities for trading firms looking to increase exposure to Latin America, diversify portfolio strategies and gain market share in the highly attractive emerging markets. In essence, we are, and will continue to be, extremely sensitive to the needs of the ultra-low latency trading community."

Perseus Telecom grows and maintains a loyal customer base; endorsements validate the company objectives of simplifying complexities, solving time issues and cash and latency savings across the board. The award winning Brazil project is a good example as the express connection from NASDAQ to BM&FBOVESPA avoids the highly congested New York City metro area and connects directly to the New Jersey NASDAQ facility; therefore creating new express connectivity with Chicago, Toronto, London and Tokyo financial exchanges and minimizing need to traverse traditional carrier networks.

"We choose Perseus Telecom for a long term partnership for seamless and fast connectivity coming in and out of Brazil for us and our customers," says Amanda Altobello, Head of the Electronic Trading Desk at Alpes. "Alpes and Perseus Telecom join forces to bring innovation and flexibility, while opening up trading in Latin America to the world; we are happy to be a part of this important award!"

"Perseus Telecom and Link Investimentos have partnered so that our clients not only use the largest independent brokerage in Brazil but also the fastest trading connection between Brazil and the US," says Nilson Monteiro, Director, High Volume DMA, Link Investimentos. "We are thrilled to hear of this well earned recognition and happy to continue to grow with Perseus Telecom globally."

"We have the utmost appreciation for our community support both externally and internally," says Dr. Percy. "Many thanks to our partner GlobeNet and our R&D team led by Andrew Kusminsky, Chief Operating Officer, Perseus Telecom."

About Perseus

Perseus Telecom is an award winning global provider and facilities based licensed carrier of enterprise and financial telecommunications with a focus on ultra-low latency networks. In addition to the fastest route between USA and Brazil, Perseus Telecom recently announced the fastest transAtlantic route in April 2012, named QuanTA. The company also reaches Asia-Pac with significant points of presence in Tokyo, Sydney and Hong Kong. Perseus Telecom works with the world's leading fibre asset providers and technology owners to provide cost effective, efficient and valuable network solutions for its customers. Customer base spans: Banking, Finance and Fund Management Institutions, Broadcast Media and Entertainment Companies, Law Firms and Capital Partnerships, Global Manufacturers and Pharmaceutical Companies. The management team has decades of experience in major Tier 1 carrier companies and operates from offices in London, Dublin, New York, Chicago and Sao Paulo.. For more information: www.perseustelecom.com.

Contact: Scarlett Thomas [email protected]  +1.212. 300.6813

PRESS CONTACTS:

For Perseus media inquiries, please contact:

Cognito
Binna Kim / Angela Byrne
+ 1 646 395 6300
[email protected]

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE Perseus Telecom