ARBX Arbinet Corp. (MM)

Company Delivers Telecom Trading, Routing and Settlement Services to Members Worldwide BEIRUT, Lebanon, April 22 /PRNewswire-FirstCall/ -- Arbinet-thexchange, Inc. (NASDAQ:ARBX), the robust transaction platform for buying and selling voice and data capacity, announced today that the company has opened an office in Beirut to support its increased membership in the growing Middle East region. Arbinet, which increased its worldwide membership last year, experienced Member growth in the Middle East with a number of regional service providers joining thexchange including Umniah Mobile Company, a licensed mobile operator in Jordan; Kulacom Jordan, a WiMAX operator in Jordan and Mobitel, a mobile operator located in Northern Iraq. Arbinet's 990 Members, as of year-end 2007, including the world's 10 largest international carriers, now reach more than 1,300 destinations around the world. To thrive in the highly competitive global communications market, Middle Eastern service providers such as Umniah and Kulacom Jordan must offer their customers reliable global termination to support quality voice traffic. Arbinet's suite of services, including AssuredAxcess(sm) (AAX), PrivateExchange(sm) (PEX) and DirectAxcess(sm) (DAX), offer carriers high voice quality, superior answer seizure ratio (ASR), and the ability to execute trades with any buyer or seller around the world through a single interconnection to thexchange platform. Additionally, many of these companies join thexchange because they benefit from an efficient, outsourced settlement solution. "Arbinet's portfolio of services offers us a quality connection to multiple operators through an efficient, cost-effective platform with faster terms and guaranteed payment," said Talal Ghaith, IP Service Manager, Umniah Mobile Company. "We chose Arbinet to announce our Jordan DID offering to the global market, and rely on AssuredAxcess to deliver optimal outbound VoIP calls," commented Ali Awad, Chief International Business Development Officer, Kulacom Jordan. Arbinet's offerings provide for a range of customer needs. With Voice on thexchange(sm), Members can purchase or sell capacity for specific routes while outsourcing billing and credit management to Arbinet and consolidating all buy and sell transactions into one net payment. AssuredAxcess gives carriers an efficient way to buy from an A-Z rate sheet at a fixed rate and term. DirectAxcess uses Arbinet's robust marketplace and expertise to manage retail termination on the network through the open market, which in turn gives members more choice, predictability and higher quality. Alternatively, PrivateExchange offers a private marketplace where carriers can focus on building key partnerships that might otherwise be difficult due to TDM to VoIP incompatibility, geographic limitations, credit or other issues. "Arbinet plans to continue to focus on delivering solutions with exceptional customer service in the Middle East as this is an increasingly developing region," commented Ken Robinson, Arbinet's VP Strategic Development, Europe, Middle East and Africa. "Members are using Arbinet's portfolio of services to support both wholesale and retail voice traffic, reaching hundreds of buyers and sellers with one interconnect. Arbinet enhances Members efficiency and quality while allowing them to create new business opportunities in the market." For the new Beirut office, Arbinet has added staff to support Arbinet's clients in the region. The office is located at Sin El Fil, Charles Helou Street, Rizkallah & Boutros Center. For more information on Arbinet's initiatives in the Middle East please contact Elie Jeitani, Director Strategic Sales, EMEA at +961 1 513 813 or via email . For more information on Arbinet please visit http://www.arbinet.com/. About Arbinet Arbinet solutions simplify the exchange of digital communications in a converging world. Arbinet offers a voice and data exchange, intelligent routing solutions, and managed termination services. Arbinet helps Members streamline operations, improve quality, and grow revenue opportunities. Arbinet's voice and data Members, including approximately 75% of the world's 40 largest communication service providers, use Arbinet's services to buy, sell, deliver and settle transactions. These Members include fixed, mobile and VoIP carriers, ISPs and content providers from more than 60 countries who exchange voice, data, content and value added services. Forward-Looking Statements This press release contains forward-looking statements, including but not limited to statements about the Company's strategic and business plans. Various important risks and uncertainties may cause the Company's actual results to differ materially from the results indicated by these forward-looking statements, including, without limitation: the effects and outcomes of the Company's exploration of strategic alternatives; whether any of the strategic alternatives will result in enhanced shareholder value; members (in particular, significant trading members) not trading on our exchange or utilizing our new and additional services (including data on thexchange, DirectAxcess(sm), PrivateExchange(sm), AssuredAxcess(sm), and PeeringSolutions(sm); continued volatility in the volume and mix of trading activity (including the average call duration and the mix of geographic markets traded); our uncertain and long member enrollment cycle; the failure to manage our credit risk; failure to manage our growth; pricing pressure; investment in our management team and investments in our personnel; system failures, human error and security breaches which could cause the Company to lose members and expose it to liability; and the Company's ability to obtain and enforce patent protection for our methods and technologies. For a further list and description of the risks and uncertainties the Company faces, please refer to the Company's Annual Report on Form 10-K and other filings, which have been filed with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise and such statements are current only as of the date they are made. Kristen Massaro STC Associates 1.212.725.1900 ext. 204 Mark Brugger Arbinet-thexchange, Inc. 1.732.509.9160 DATASOURCE: Arbinet-thexchange, Inc. CONTACT: Kristen Massaro, STC Associates for Arbinet-thexchange, Inc., +1-212-725-1900 ext. 204, ; Mark Brugger, Arbinet-thexchange, Inc., +1-732-509-9160, Web site: http://www.arbinet.com/

Copyright