NEW BRUNSWICK, N.J., Nov. 5 /PRNewswire-FirstCall/ -- Arbinet-thexchange, Inc. (Nasdaq GM: ARBX), a leading provider of innovative voice and IP solutions for buying and selling telecommunications capacity, today announced the appointment of Jose "Joe" A. Cecin, Jr., 45, to the company's Board of Directors effective immediately. Mr. Cecin will stand for election at the 2011 Arbinet annual meeting of shareholders. "We are pleased to welcome Joe to our Board and look forward to benefiting from his extensive telecom industry experience," said Shawn O'Donnell, President and Chief Executive Officer of Arbinet. "Joe's background and broad business knowledge will enhance the depth and breadth of our Board and prove valuable as we advance our strategic plan." "I look forward to working with Shawn, his executive team and the other members of Arbinet's distinguished Board," said Joe Cecin. "Arbinet is an exciting company with significant growth potential and I am honored to be joining the Board at this time." Mr. Cecin has over 23 years of leadership and management experience with a strong focus on telecom operation, finance and corporate development. Mr. Cecin is currently the President of Athena Advisory Services, a consulting and professional services company he formed in September 2008. Prior to forming Athena, Mr. Cecin was Managing Director of BB&T Capital Markets. Mr. Cecin is also a co-founder of Cambrian Communications, a facilities-based telecommunications service provider, where he served as Chief Operating Officer (COO) and a member of the Board of Directors. Mr. Cecin has served on the Board of Directors and Board of Advisors of several companies, both public and private, including SkyTerra Communications and NEON Group, Inc. Mr. Cecin earned a BS degree in Electrical Engineering from the United States Military Academy at West Point and an MBA from Stanford University. Prior to attending business school, Mr. Cecin served as an officer in the United States Army's 25th Infantry Division. About Arbinet Arbinet is a leading provider of innovative voice and IP solutions empowering communications companies to create the most efficient and valuable global interconnections. Arbinet offers the greatest flexibility in global scale, platform intelligence, and managed solutions to achieve commercial efficiency and interconnection simplicity. Arbinet manages business relationships, back office operations and call routing for Members who route through Arbinet approximately 2% of the world's international voice traffic to over 1,300 destinations worldwide. Arbinet Members include fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and ASPs around the world who buy and sell voice and IP telecommunications capacity. For more information about Arbinet's solutions, visit http://www.arbinet.com/. Forward-Looking Statements This press release contains forward-looking statements regarding anticipated future revenues, growth, capital expenditures, management's future expansion plans, expected product and service developments or enhancements, and future operating results. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "should" or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause Arbinet's actual results to differ materially from the results indicated by these forward-looking statements, including, without limitation:; members (in particular, significant trading members) not trading on our exchange or utilizing our new and additional services (including DirectAxcessSM, PrivateExchangeSM, AssuredAxcessSM and PeeringSolutionsSM); continued volatility in the volume and mix of trading activity; 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; regulatory uncertainty; system failures, human error and security breaches that could cause Arbinet to lose members and expose it to liability; Arbinet's ability to obtain and enforce patent protection for our methods and technologies; and disruption or uncertainty resulting from recent changes in senior management. For a further list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1A of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 17, 2008, and other filings that have been filed with the Securities and Exchange Commission. Arbinet 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. Contacts: Jack Wynne, CFO Arbinet-thexchange, Inc. 732-509-9230 Andrea Priest / Andi Salas Joele Frank, Wilkinson Brimmer Katcher 212-355-4449 DATASOURCE: Arbinet CONTACT: Jack Wynne, CFO of Arbinet-thexchange, Inc., +1-732-509-9230 or Andrea Priest or Andi Salas of Joele Frank, Wilkinson Brimmer Katcher for Arbinet-thexchange, Inc., +1-212-355-4449 Web Site: http://www.arbinet.com/

Copyright