Press Release Headlines

Perseus Telecom Acquires Wholesale Global Services to Connect to Almost Any Country

NEW YORK, May 20, 2010 — Perseus Telecom today announced it acquired Wholesale Global Services Ltd., a UK-based Global Data Services Company.

New markets served include mainland China, India, Korea, the Russian Federation, Dubai, Bahrain, Qatar, Nigeria, Egypt, eastern Europe and many more surrounding markets. "With the acquisition of Wholesale Global Services, we can instantly broaden our capability and provide connectivity to just about any market in any country," said Jock Percy, CEO of Perseus Telecom. "Perseus Telecom is now the market-leading independent provider of connectivity and co-location, extending its key sales messages of ultra-low latency, best price and quality-driven service level assurances (SLA) to an international market." The acquisition also adds a number of new financial markets, for example the Indian exchanges; ISE, USE and NSE; SSE China and RTS Russia. Perseus Telecom already provides collocation and connectivity options into CME, CBOT, NASDAQ, NYMEX, NYSE, TSX, BM&F Bovespa, ISE USA, ICE, ARCA, BATS, Direct Edge, BOAT, Turquoise, Chi-X, Euronext, Deutsche Bourse, Boursa Italiana, MEF, SWX, Nasdaq OMX and others.

Wholesale Global Services Ltd. was founded in 2009 and their customers include large and small businesses: enterprise, resellers and carriers. Current Wholesale Global Services users will benefit from the expanded resources and operational scale resulting from their integration into Perseus Telecom. Jock Percy assures all WGS clients that their service will continue uninterrupted. Chris Taylor will become the Vice President Sales & Operations for EMEA and APAC. "Building a global, fast and independent capability for enterprise, resellers and carriers is exactly what the market needs right now: a one-stop-shop for premium data connectivity," said Mr. Taylor.

About Perseus Telecom

Perseus Telecom was founded to better serve trans-Atlantic businesses in North America and Europe. Perseus Telecom now provides telecommunications to customers globally at rates normally reserved for carriers and only the largest companies.

Perseus Telecom are specialists in ultra-low latency connectivity and co-location in proximity to markets. Customers include banks, hedge funds, financial technology providers, carriers, media companies and law firms, which require fast, focused attention and dynamic service. Perseus Telecom is a trusted partner to multiple fiber asset owners and technology partners.

The management team has decades of experience in major Tier 1 carrier companies and operates from offices in London, Dublin and New York.

Contact Perseus Telecom – go to http://www.perseustelecom.com

For more information or for sales inquiries, please contact Email

Media contact: Jock Percy, CEO, +1 212-300-6813

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