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Date: 28th September 2005
Title: PacketExchange to deploy Transmode Metro WDM


PacketExchange, the internet peering innovator, and Transmode, a pioneering supplier of optical networking systems, today announced that PacketExchange has selected Transmode's TM-Series platform for its London Metro WDM upgrade.

Transmode will deploy a 7 node CWDM Metro ring for PacketExchange to replace its existing London WDM system. This new platform will support protected and unprotected Gigabit Ethernet services in addition to SDH and other network capacity requirements.

PacketExchange's network upgrade increases network resilience and availability for its UK customer base of over 600, whilst also increasing the flexibility of the network for future additional capacity. In addition the project consolidates the traffic from the two London networks following the successful acquisition of XchangePoint earlier this year.

"PacketExchange has recently been voted the 14th Fastest Growing Technology Company in the UK. Our industry leadership depends on utilizing the right technology in our network and after fully evaluating the options available we've selected Transmode," said Kieron O'Brien, PacketExchange's CEO. "Transmode's solutions offer us the ability to manage our current network more efficiently and to grow our network more economically in the future."

The Transmode Double Dual Gigabit Ethernet Transponder provides up to four client circuits over 2 wavelengths in an industry leading form-factor, in addition to advanced functionality such as optical protection, in-band management and performance and utilization monitoring.

"PacketExchange is a significant win for Transmode, against stiff competition," said Isaac Olasoko, Transmode's CEO. "Our engineers have worked closely with PacketExchange to provide the optimum network design for their requirements and we look forward to continuing to exceed their expectations in the future."

About PacketExchange
PacketExchange provides faster, cheaper and more cost effective Internet connectivity and data communications to service providers and corporate users. The company has developed innovative services to minimise the inefficiencies of the public Internet, by enabling customers to create direct Internet connections with one another, thus increasing the speed of communication, lowering costs and significantly improving quality. Launched in 2001, PacketExchange was cash-positive after 22 months and has been profitable ever since. The company's turnover for the last financial year will be in excess of $10 million and is expected to more than double again in the coming year. Its clients include Microsoft, Telewest, KPN, Blue Square and Yahoo!
http://www.packetexchange.net/

About Transmode
Transmode is a Pioneer in Optical Networking. Innovations such intelligent WDM (iWDM), which dramatically lowers operational cost, and unamplified DWDM, which reduces network CAPEX and complexity, have contributed to success at a global level, with a customer base of more than 100 network operators, service providers, enterprises and public institutions across Europe, the Americas and Asia.

Transmode is the only company with the full spectrum of Optical Networking solutions based on WDM, designed to cater for the needs of Network Operators and Enterprises alike without compromising on functionality or cost-efficiency. Transmode's product portfolio addresses Optical Networking requirements from regional networks, through metro core and access networks, all the way down to the customer premises.

For more information about Transmode, please visit http://www.transmode.com

For further information please contact:
Michael Crossey
VP Marketing & Business Development
Transmode Systems AB
michael.crossey@transmode.se
Tel: +44 7734 318210

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