FiberNet to Present at Houlihan Lokey Media & Telecom Conference

NEW YORK, Nov. 24 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc., (Nasdaq: FTGX), a leading provider of complex interconnection services, today announced that Jon A. DeLuca, president & CEO, will present at the Houlihan Lokey Media & Telecom Conference on December 4, 2008. This event will be held at the Waldorf Astoria in New York.

This conference enables executives from a select group of high-performing, publicly and privately held media and telecommunication companies to showcase their businesses to an audience of prospective financial and strategic partners.

More information about the conference can be found at: www.HL.com.

About Houlihan Lokey

Houlihan Lokey, an international investment bank, provides a wide range of services, including mergers and acquisitions, financing, financial opinions and advisory services, and financial restructuring. In 2007, the firm was ranked the No. 1 M&A advisor for U.S. transactions under $1.25 billion and the No. 1 M&A fairness opinion advisor by Thomson Financial. In addition, the firm was ranked the No. 1 restructuring investment banking firm by TheDeal.com's Bankruptcy Insider. Established in 1970, the firm has over 800 employees in 14 offices in the United States, Europe and Asia. Each year the firm serves more than 1,000 clients ranging from closely held companies to Global 500 corporations.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated interconnection facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at www.ftgx.com.

Various remarks that we may make about FiberNet's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in FiberNet's most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission.

SOURCE Fibernet Telecom Group Inc.