Cogent Connects 2nd C-SPAN Distance Learning Center
WASHINGTON, D.C., June 30, 2003 - Cogent Communications Group, Inc. (AMEX: COI), a Tier One, next generation, optical Internet service provider, announced today that C-SPAN has selected Cogent to provide a 100 Mbps high bandwidth connection to Pace University's midtown Manhattan campus. This is the second such connection that Cogent has provided to C-SPAN to use for its expanding distance learning program.
The newly equipped studio is the cornerstone of a new cooperative arrangement between C-SPAN and PACE University that will include distance learning and remote productions from PACE. The distance-learning center is located at Pace University's Midtown Campus at 551 Fifth Avenue. At this location, Pace offers both graduate and undergraduate courses during day and evening sessions.
Classes taught over the Cogent-Powered connection will have unprecedented bandwidth, allowing C-SPAN to provide Pace students with access to both on-location field cameras, as they cover unfolding events, and to C-SPAN's archives containing thousands of hours of political programming.
"Cogent has delivered consistently and at a value that we can not ignore," said Barry Katz, C-SPAN's Video Assets Manager. "We look forward to including Cogent in our discussions as similar opportunities arise in the future."
Cogent has been widely accepted by the University market and has many universities nationwide as customers. University connections are used primarily to provide the entire campus setting with an ample supply of bandwidth at affordable prices. These connections allow the universities to meet all their bandwidth needs - including research, storage and the social demands of students - without breaking the Universities' IT budgets.
Cogent currently provides service to a combination of universities and regional university/research networks representing over 184 Universities. Many of the universities and regional networks have connections at aggregation points in metro areas, allowing Cogent to connect far more universities then it can actually reach with its existing network footprint.
"C-SPAN has been an excellent customer and we feel there is a real synergy between their distance learning programs and the universities we now connect," said Dave Schaeffer, CEO Cogent Communications. "Distance learning is one way to bring teachers and leading authorities on subjects being taught into an educational setting that they could not ordinarily reach."
C-SPAN, the political network of record, was created in 1979 by America's cable companies as a public service. Based in Washington, D.C., C-SPAN - the Cable Satellite Public Affairs Network -- now offers three television networks, a nationally available satellite radio station and six web sites. C-SPAN is currently available in 86 million households, C-SPAN2 in 70 million households, and C-SPAN3 in 6 million households nationwide. For more information about C-SPAN, visit its Web site at C-SPAN.org.
About Cogent Communications
Cogent Communications (AMEX: COI) is a Tier 1, facilities based, all-optical ISP focused on delivering ultra-high speed Internet access and transport services to businesses in the multi-tenant marketplace and to service providers located in major metropolitan areas across the United States and Canada. Cogent's simple product set includes either 100 Mbps or 1,000 Mbps dedicated, non-oversubscribed bandwidth at $1,000 and $10,000 per month respectively. These connections are delivered over Cogent's 80 Gbps backbone, making Cogent's network the largest of its kind in the country.
The Cogent solution offers the elusive combination of higher quality at a lower price. Technology, combined with network ownership has made Cogent's ultra-high speed Internet access an affordable reality for small and medium-sized businesses, as well as a significant cost saver for the largest enterprises and service providers.
Cogent's network consists of a dedicated nationwide multiple OC-192 fiber backbone, multiple intra-city OC-48 fiber rings, and optically-interfaced high-speed routers. Cogent has been recognized as the first IP Optical Cisco Powered Network (CPN). In April 2002, Cogent acquired the majority of the U.S. operations of PSINet including their three data centers located in NY, LA and Herndon, VA. As a result of the acquisition, Cogent is now offering service in over 30 metropolitan markets with bandwidth ranging from T1 to 1,000 Mbps as well as colocation services in the data center locations.
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Information in this release may involve expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Cogent Communications Group, Inc. as of the date of the release, and we assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Some of the factors and risks associated with our business are discussed in Cogent's registration statements filed with the Securities and Exchange Commission and in its other reports filed from time to time with the SEC.