AboveNet Recognized by CRN Magazine as One of the Coolest Telecom Service Providers

WHITE PLAINS, NY--(Marketwire - August 31, 2010) - AboveNet Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has been recognized by Everything Channel's CRN Magazine as one of the 75 Coolest Telecom Service Providers.

The 75 coolest Service Providers represent those companies that are revolutionizing the telecom market by delivering high-quality telecom services and building strong ties with the channel community.

"The CRN 75 Coolest Telecom Service Providers honors those service providers with superior telecom services, best-in-class customer satisfaction and channel sales leadership," said Kelley Damore, VP, Editorial Director, Everything Channel. "These vendors have demonstrated unparalleled customer and partner satisfaction, and we congratulate them on their commitment to both customers and their partners."

AboveNet is proud to be recognized for delivering low-latency, high-quality bandwidth solutions and its commitment to customer satisfaction and the partner channel. AboveNet continues to invest in our low latency network infrastructure and managed services to deliver high bandwidth connectivity solutions to support many enterprise and carrier initiatives such as disaster recovery, trading networks and cloud computing.

AboveNet continues to strive to deliver unparalleled customer support and the highest quality high bandwidth connectivity solutions to businesses in our existing and new markets in United States and Europe.

About AboveNet, Inc.
AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. and European markets. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

About Everything Channel
Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.com.

About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers

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This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company’s control. This also includes such factors as are described from time to time in the SEC reports filed by AboveNet, Inc., including the most recently filed Form 8-K.