----

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| x | ANNUAL REPORT PURSUANT TO SECTION      13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF    1934 |
|---|---------------------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO      SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|----------------------------------------------------------------------------------------------------|

|                                                                    |   |                                      |
|-------------------------------------------------------------------------|--------|-------------------------------------------|
| DELAWARE                                                                |   | 11-3168327                                |
| (State or other jurisdiction      ofincorporation or      organization) |   | (I.R.S. Employer Identification      No.) |

|                                           |                                |
|------------------------------------------------|-------------------------------------|
| Large accelerated      filer   ̈ | Accelerated      filer  x | Non-accelerated      filer   ̈(Do not check if a small reporting      company) | Smaller reporting      company   ̈ |
|                                           |                                |

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Table ofContents

|               |                                                                                                                         |         |   |
|--------------------|------------------------------------------------------------------------------------------------------------------------------|--------------|--------|
|               |                                                                                                                         |    | Page   |
| Part I.            |                                                                                                                         |    |   |
|               |                                                                                                                         |         |   |
| Item      1.       | Business                                                                                                                     |    | 1      |
| Item      1A.      | Risk      Factors                                                                                                            |    | 10     |
| Item      1B.      | Unresolved      Staff Comments                                                                                               |    | 15     |
| Item      2.       | Properties                                                                                                                   |    | 15     |
| Item      3.       | Legal      Proceedings                                                                                                       |    | 15     |
| Item      4.       | Submission      of Matters to a Vote of Security Holders                                                                     |    | 16     |
|               |                                                                                                                         |         |   |
| Part II.           |                                                                                                                         |    |   |
|               |                                                                                                                         |         |   |
| Item      5.       | Market      for Registrant’s Common Equity, Related Stockholder Matters and Issuer      Purchases of Equity Securities |    | 17     |
| Item      6.       | Selected      Financial Data                                                                                                 |    | 21     |
| Item      7.       | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations                        |    | 22     |
| Item 7A.      | Quantitative      and Qualitative Disclosures about Market Risk                                                              |    | 35     |
| Item      8.       | Financial      Statements and Supplementary Data                                                                             |    | 36     |
| Item      9.       | Changes      in and Disagreements with Accountants on Accounting and Financial      Disclosure                               |    | 65     |
| Item      9A.      | Controls      and Procedures                                                                                                 |    | 65     |
| Item      9B.      | Other      Information                                                                                                       |    | 66     |
|               |                                                                                                                         |         |   |
| Part III.          |                                                                                                                         |    |   |
|               |                                                                                                                         |         |   |
| Item      10.      | Directors,      Executive Officers and Corporate Governance                                                                  |    | 67     |
| Item      11.      | Executive      Compensation                                                                                                  |    | 70     |
| Item      12.      | Security      Ownership of Certain Beneficial Owners and Management and Related      Stockholder Matters                     |    | 85     |
| Item      13.      | Certain      Relationships and Related Transactions, and Director      Independence                                          |    | 88     |
| Item      14.      | Principal      Accountant Fees and Services                                                                                  |    | 89     |
|               |                                                                                                                         |         |   |
| Part IV.           |                                                                                                                         |    |   |
|               |                                                                                                                         |         |   |
| Item      15.      | Exhibits      and Financial Statement Schedules                                                                              |    | 90     |
|               |                                                                                                                         |         |   |
| Signatures         |                                                                                                                         |         | 96     |
|               |                                                                                                                         |         |   |
| Exhibit      Index |                                                                                                                         |         |   |
|               |                                                                                                                         |         |   |

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----

|   | · | Connect to data centers where many      enterprise customers locate their information      technology infrastructure. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------|

|   | · | Target broadband      communications      infrastructure customers who have significant bandwidth      requirements and high securityneeds. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Provide a high level of      customization of our services in order to meet our customers’      requirements. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------|

|   | · | Deliver the services we offer over our      metro networks, which often provide our customers with a dedicated pair of      fibers. This use of      dedicated      fiber is a low latency, physically      secure, flexible and scalable communications solution,      which we believe is difficult for many of our      competitors to replicate because most of their networks do      not have comparable fiberdensity. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Use our metro fiber assets to      drive the adoption of leading edge inter-city wide area network (WAN)      services such as IP VPN services and long haul connectivity      solutions. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Intensify our focus on sales to      media companies with high bandwidth  requirements. |
|--------|--------|-----------------------------------------------------------------------------------------|

|   | · | Fulfill the needs of customers      that are required to comply with financial and other regulations related to data      availability, disaster recovery and business      continuity. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Target Internet connectivity customers that can      leverage the scalability and flexibility of fiber access to their premises      to drive their electronic commerce and other high bandwidth applications, such as social networking,      gaming and digital mediatransmission. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our significant experience      providing high-end customized network solutions for enterprises and      telecommunications carriers (also referred to as      carriers). |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our focus on providing certain      core optical services rather than the full range of telecommunications      services. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | · | Our metro networks typically      include fiber cables with 432, and in some cases 864, fibers in each      cable, which is substantially more      fiber than we believe      most of our      competitors have installed, and provide us with sufficient      fiber inventory to supply dedicated fiber services to      customers. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our modern networks with advanced      fiber-optic technology are less costly to operate and      maintain than oldernetworks. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our employment of state-of-the-art      technology in all elements of our networks, from fiber to optical and IP      equipment, provides leading edge solutions to      customers. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The architecture of our metro networks,      which      facilitates high      performance solutions in terms of loss and      latency. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The spare conduit we      install, where      practical, allows us      to install additional      fiber-optic cables on many routes without the need for additional      rights-of-way, which      reduces expansion and      upgrade costs in the future, and provides significant capacity for future      growth. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Boston |
|--------|--------|--------|

|   | · | New York City      metro |
|--------|--------|--------------------------|

|   | · | Philadelphia |
|--------|--------|--------------|

|   | · | Baltimore |
|--------|--------|-----------|

|   | · | Washington, D.C./Northern Virginia      corridor |
|--------|--------|--------------------------------------------------|

|   | · | Atlanta |
|--------|--------|---------|

|   | · | Houston |
|--------|--------|---------|

|   | · | Dallas |
|--------|--------|--------|

|   | · | Phoenix |
|--------|--------|---------|

|   | · | Los  Angeles |
|--------|--------|--------------|

|   | · | San Francisco Bay      area |
|--------|--------|-----------------------------|

|   | · | Portland |
|--------|--------|----------|

|   | · | Seattle |
|--------|--------|---------|

|   | · | Chicago |
|--------|--------|---------|

----

|   | · | Network Density - Our      metro networks typically contain 432 and up to 864 fiber strands in each      cable. We believe that this fiber density is significantly greater than      that of most of our competitors. This high fiber count allows us to add      new customers in a timely and cost effective manner by focusing      incremental construction and capital expenditures on the laterals that      serve customer premises, as opposed to fiber and capacity upgrades in our      core networks. Thus, we have spare network capacity available for future      growth to connect an increasing number of  customers. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Modern Fiber – We have      deployed modern, high-quality optical fiber that can be used for a wide      range of network applications. Standard single mode fiber is      typically included on most cables while longer routes also contain      non-zero dispersion shifted fiber that is optimized for longer distance      applications operating in the 1550 nm range. Much of our network is well positioned to      support the more stringent requirements of transport at rates of 40 Gbps and      above. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | High      Performance Architecture – We are able to design customer      networks with a minimum number of POP locations and direct, optimum      routing between key areas which enables us to deliver our services at a      high level of performance. Because most of our metro lit services are delivered      over dedicated fibers not shared with other customers, each customer’s      private network can be optimized for its specific application. Further, by using dedicated fiber,      we can deliver our services without the need to transition between various      shared or legacy networks. As a result, our customers      experience enhanced performance in terms of parameters such as latency and      jitter, which can be caused by equipment interface      transitions. The use of dedicated fibers for      customers also permits us to address future technology changes that may take      place on a customer specificbasis. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Extensive Reach      – Our metro markets      typically have significant footprints and cover a wide      geography. For example, the New York market      includes      a significant      Manhattan presence      and extends from      Stamford, CT in the north through Delaware in the south, covering a large      part of New Jersey. Similarly, the San Francisco      market extends through to San Jose and the Dallas network incorporates the      Fort Worth area. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Enterprise Buildings -      Our network extends to over 1,000 enterprise locations, many of      which house some of the biggest corporate users of network services in the      world. These locations also include many private data centers and hub      locations that are mission critical for our  customers. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Network POPs - We      operate over 120 network POPs with functionality ranging from simple,      passive cross-connect locations to sites that offer interconnectivity to      other service providers and co-location facilities for customer equipment,      including over 20 Type 1 POPs. These POPs are typically larger presences      located in major carrier hotels complete with network co-location and      interconnectivity services. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Central Offices, Carrier Hotels      & Data Centers - Our network connects to over 200 central      offices in the markets that we serve. The network also has a presence in      most significant carrier hotels and data centers within our active      markets. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Additional Buildings -      In addition to the on-net buildings that we connect to with our own      fiber laterals, we have access to additional buildings through other      network providers with which we have agreements to provide fiber      connectivity to our customers. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | · | An      extensive network footprint that extends well beyond the central business      district in most markets. |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | · | The      expertise and capability to add off-net locations to the network in a cost      competitive manner. |
|--------|--------|--------------------------------------------------------------------------------------------------------------|

|   | · | Modern,      high quality fiber with direct routing that meets stringent technical      requirements. |
|--------|--------|-------------------------------------------------------------------------------------------------------|

|   | · | Customized      ring configurations and redundancy requirements in a private dedicated      service. |
|--------|--------|------------------------------------------------------------------------------------------------------|

|   | · | 7x24      monitoring of the network by ourNMC. |
|--------|--------|------------------------------------------------|

|   | · | A      substantial portion of our metro services are deployed over dedicated      fiber from end-to-end, representing a private network for each      customer. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | This      dedicated fiber provides customers with significant scalability for any      increasing traffic demand. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------|

|   | · | A      service based on dedicated fiber provides a high level of security, a key      concern for many high-bandwidth customers across a range of      industries. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The      absence of a shared network eliminates many of the equipment interfaces of      most other networks that can impact performance such as latency and cause      service interruptions. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Some      of our metro services are offered without the need for the customer to      provide space and power, which may be difficult or expensive to obtain in      many data centers. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | · | Positioning ourselves as a premier      provider of private fiber optic transport solutions and Internet connectivity      services. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Focusing on Fortune 1000      enterprises as well as content rich data companies (i.e. media, health      care, and      financial services)      that require customized private optical      solutions. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Expanding our sales reach through      independent sales agents who specialize in specific geographic and vertical      markets. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------|

|   | · | Emphasizing the high quality, cost      effective, secure and scalable nature of our private optical      solutions. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------|

|   | · | Communicating our      capabilities through      targeted marketing      communication      campaigns aimed at specific vertical markets to increase our brand      awareness in a cost      effective manner. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                  |   | Years      Ended December 31, |    |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                  |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Revenue                                                                            |   |                               |    |   |   |   |   |   |   |
| United      States                                                                                                                                                                                                                                                                                                                                                    |   | $                                  | 288.5   |   |   | $ | 227.8 |   |   | $ | 217.6 |   |
| United      Kingdom                                                                                                                                                                                                                                                                                                                                                   |   |                               | 36.1    |   |   |   | 29.4 |   |   |   | 20.3 |   |
| Other                                                                                                                                                                                                                                                                                                                                                                 |   |                               | — |   |   |   | — |   |   |   | 0.5 |   |
| Eliminations                                                                                                                                                                                                                                                                                                                                                          |   |                               | (4.7    | ) |   |   | (3.6 | ) |   |   | (1.7 | ) |
| Consolidated      Worldwide                                                        |   | $                                  | 319.9   |   |   | $ | 253.6 |   |   | $ | 236.7 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                  |   | December 31, |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                  |   | 2008              |   |   | 2007 |   |
| Long-lived      assets                                                             |   |              |   |   |   |   |
| United      States                                                                                                                                                                                                                                                                                                                                                    |   | $                 | 374.5  |   |   | $ | 317.3 |   |
| United      Kingdom                                                                                                                                                                                                                                                                                                                                                   |   |              | 23.8   |   |   |   | 30.3 |   |
| Other                                                                                                                                                                                                                                                                                                                                                                 |   |              | 0.1    |   |   |   | 0.1 |   |
| Consolidated      Worldwide                                                        |   | $                 | 398.4  |   |   | $ | 347.7 |   |

|                          |   | December31, |   |
|-------------------------------|--------|-------------|--------|
|                          |   | 2008        |   |   | 2007 |   |   | 2006 |   |
| U.S.                          |   |        | 537    |   |   |   | 482 |   |   |   | 441 |   |
| U.K.                          |   |        | 76     |   |   |   | 65 |   |   |   | 59 |   |
| Japan                         |   |        | 1      |   |   |   | 1 |   |   |   | 1 |   |
| Netherlands                   |   |        | 1      |   |   |   | 1 |   |   |   | 1 |   |
|     Total |   |        | 615    |   |   |   | 549 |   |   |   | 502 |   |

Regulation

----

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----

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|   |   |                                                                               |
|--------|--------|------------------------------------------------------------------------------------|
|   | · | Tier 1 - A network that peers with      every other network to reach the Internet. |

|   |   |                                                                                                                                                                                                           |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | · | Tier 2 - A network that peers with some      networks, but still purchases IP transit (i.e., routing of traffic to all      other places on the Internet) to reach at least some portion of      the Internet. |
|   |   |                                                                                                                                                                                                           |

|   | · | Tier 3 - A network that solely purchases      transit from other networks to reach the  Internet. |
|--------|--------|---------------------------------------------------------------------------------------------------|

ITEM 1A. RISK FACTORS

----

|   |   |                                                      |
|--------|--------|-----------------------------------------------------------|
|   | · | reducing      and/or delaying the demand for ourservices; |

|   | · | increasing      our customer churn, both with respect to customer terminations and with      respect to reduced prices upon renewals of customer      agreements; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | leading      to reduced services from our vendors facing economic difficulties;      and |
|--------|--------|------------------------------------------------------------------------------------------|

|   | · | increasing      the bad debts in our customerreceivables. |
|--------|--------|-----------------------------------------------------------|

----

----

----

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ITEM 1B. UNRESOLVED STAFFCOMMENTS

ITEM 3. LEGAL PROCEEDINGS

----

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| ITEM 5.   | MARKET      FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER      PURCHASES OF EQUITY SECURITIES |
|--------------------------|------------------------------------------------------------------------------------------------------------------------------|

| Year ended December 31,2008                 |   | High   |   |   | Low    |   |
|---------------------------------------------|--------|--------|--------|--------|--------|--------|
| First      Quarter Ended March 31, 2008     |   | $      | 80.00  |   |   | $      | 58.75 |   |
| Second      Quarter Ended June 30, 2008     |   | $      | 71.75  |   |   | $      | 55.00 |   |
| Third      Quarter Ended September 30, 2008 |   | $      | 65.00  |   |   | $      | 51.00 |   |
| Fourth      Quarter Ended December 31, 2008 |   | $      | 60.00  |   |   | $      | 21.00 |   |
|                                        |   |   |   |   |   |   |   |   |
| Year ended December 31,2007                 |   |   |   |   |   |   |   |   |
| First      Quarter Ended March 31, 2007     |   | $      | 60.00  |   |   | $      | 41.00 |   |
| Second      Quarter Ended June 30, 2007     |   | $      | 65.00  |   |   | $      | 55.00 |   |
| Third      Quarter Ended September 30, 2007 |   | $      | 100.00 |   |   | $      | 61.00 |   |
| Fourth      Quarter Ended December 31, 2007 |   | $      | 91.00  |   |   | $      | 55.00 |   |

----

|  Description                                                                                                     |   | Number      of Shares      Issued |       |   | Shares      Repurchased |   |    | Shares      Outstanding |   |
|-----------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|------------|--------|-------------------------|--------|---------|-------------------------|--------|
| Shares      issued at fresh start                                                                                     |   |                              | 8,749,138  |   |                    |   | — |                    |   |   | 8,749,138 |   |
| Shares      issued pursuant to the rights offering                                                                    |   |                              | 1,668,992  |   |                    |   | — |                    |   |   | 1,668,992 |   |
| Shares      issued pursuant to the exercise of five year warrants                                                     |   |                              | 709,424    |   |                    |   | 52,547  |                    |   |   | 656,877 |   |
| Shares      issued pursuant to the exercise of seven year warrants                                                    |   |                              | 42,717     |   |                    |   | — |                    |   |   | 42,717 |   |
| Shares      issued pursuant to the delivery of vested restricted stock units under the      2003 Stock Incentive Plan |   |                              | 439,466    |   |                    |   | 198,889 |                    |   |   | 240,577 |   |
|                                                                                                                  |   |                              | 11,609,737 |   |                    |   | 251,436 |                    |   |   | 11,358,301 |   |

| Description                                                                                      |   | 2003 StockIncentive Plan |    |   | 2008      Plan |   |
|--------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|--------|----------------|--------|
| Options      to purchase common shares                                                           |   |                               | 466,051 |   |           |   | 5,000 |   |
| Vested      restricted stock units scheduled for delivery in 2009                                |   |                               | 106,500 |   |           |   | — |   |
| Unvested      restricted stock units                                                             |   |                               | 38,750  |   |           |   | 363,100 |   |
| Restricted      stock units granted subject to the attainment of future performance      targets |   |                               | — |   |           |   | 21,000 |   |
|                                                                                             |   |                               | 611,301 |   |           |   | 389,100 |   |

----

|  Period                             |   | Total      Numberof      Shares Purchased |    |   | Average      Price Paid Per Share |   |   | Total      Number of Shares Purchased as Part of Publicly Announced Plans or      Programs |   |   | Maximum      Number of Shares that may yet be Purchased Under the Plans or      Programs |   |
|------------------------------------------|--------|------------------------------------------------|---------|--------|-----------------------------------|--------|--------|--------------------------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------------------------|--------|
| December      1 to 31, 2007 (1)      (2) |   |                                           | 129,816 |   |                              | $      | 75.00  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| January      1 to March 31, 2008 (2)     |   |                                           | 611     |   |                              | $      | 73.00  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| April      1 to June 30, 2008 (2)        |   |                                           | 24,360  |   |                              | $      | 62.58  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| July      1 to September 30, 2008 (2)    |   |                                           | 1,906   |   |                              | $      | 60.17  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| October      1 to October 31, 2008 (3)   |   |                                           | 18,610  |   |                              | $      | 50.07  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| November      1 to November 30, 2008 (4) |   |                                           | 7,824   |   |                              | $      | 32.00  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| December      1 to December 31, 2008 (4) |   |                                           | 485     |   |                              | $      | 30.00  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| Amount      repurchased in 2008          |   |                                           | 53,796  |   |                              | $      | 53.55  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |
| Total      repurchased in 2007 and 2008  |   |                                           | 183,612 |   |                              | $      | 68.71  |                                                                                       |   |   | —                                                                                  |   |   |   | — |   |

|   | (1) | There      were no other stock repurchases during fiscal  2007. |
|--------|-----|-----------------------------------------------------------------|

|   | (2) | Shares      repurchased to fund estimated related income tax obligations of      recipients. |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | (3) | Shares      purchased from employees who had previously been delivered shares of      common stock underlying vested restricted stock units pursuant      to stock purchase agreements. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Shares      repurchased to fund minimum tax withholding  obligation. |
|--------|-----|----------------------------------------------------------------------|

----

|                    |   | 12/31/2003 |   |   | 12/31/2004 |   |   | 12/31/2005 |   |   | 12/31/2006 |   |   | 12/31/2007 |   |   | 12/31/2008 |   |
|-------------------------|--------|------------|--------|--------|------------|--------|--------|------------|--------|--------|------------|--------|--------|------------|--------|--------|------------|--------|
| AboveNet,    Inc.       |   | $          | 100    |   |       | $      | 85     |       |   | $      | 76         |   |   | $          | 160    |   |       | $      | 208 |   |   | $ | 77 |   |
| NASDAQ    (U.S.)        |   | $          | 100    |   |       | $      | 109    |       |   | $      | 110        |   |   | $          | 121    |   |       | $      | 132 |   |   | $ | 79 |   |
| Russell 2000      Index |   | $          | 100    |   |       | $      | 117    |       |   | $      | 121        |   |   | $          | 141    |   |       | $      | 138 |   |   | $ | 90 |   |

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|                                                                                                                                                    |   |   |                          |
|---------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------------------------|
|                                                                                                                                                    |   |   | Years Ended December      31, |
|                                                                                                                                                    |   |   | 2008                          |   |   |   | 2007 |   |   |   | 2006 |   |   |   | 2005 |   |   |   | 2004 |
| Statements of Operations      data:                                                                                                                     |   |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenue                                                                                                                                                 |   | $      | 319.9                    |   |   | $  | 253.6  |   |   | $ | 236.7  |   |   | $ | 219.7  |   |   | $ | 189.3  |   |
| Costs of revenue (including provision for      equipment impairment of $0.4 and $2.2 for the years ended December 31,      2008 and 2007, respectively) |   |   | 126.0                    |   |   |   | 110.3  |   |   |   | 121.9  |   |   |   | 119.2  |   |   |   | 112.2  |   |
| Selling, general and      administrative expenses (including provision for      impairment of $2.3 for the year ended December 31,      2008)           |   |   | 90.5                     |   |   |   | 80.9  |   |   |   | 71.1  |   |   |   | 69.6  |   |   |   | 71.7  |   |
| Depreciation and      amortization                                                                                                                      |   |   | 48.3                     |   |   |   | 47.5  |   |   |   | 47.2  |   |   |   | 43.1  |   |   |   | 40.8  |   |
| Loss on      litigation                                                                                                                                 |   |   | —                  |   |   |   | 11.7  |   |   |   |   —  |   |   |   | —  |   |   |   | —  |   |
| Operating income (loss)                                                                                                                                 |   |   | 55.1                     |   |   |   | 3.2  |   |   |   | (3.5  | ) |   |   | (12.2  | ) |   |   | (35.4  | ) |
| Gain on reversal of foreign      currency translation adjustments from liquidation of      subsidiaries                                                 |   |   | —                  |   |   |   |  10.3  |   |   |   |  — |   |   |   |   — |   |   |   |   — |   |
| Interest income                                                                                                                                         |   |   | 1.8                      |   |   |   | 3.3  |   |   |   | 2.4  |   |   |   | 1.3  |   |   |   | 1.1  |   |
| Interest      expense                                                                                                                                   |   |   | (3.9                     | ) |   |   | (2.3  | ) |   |   | (5.8  | ) |   |   | (5.9  | ) |   |   | (11.1  | ) |
| Other (expenses) income, net                                                                                                                            |   |   | (2.4                     | ) |   |   | 3.8  |   |   |   | 2.1 |   |   |   | 10.9  |   |   |   | 9.2  |   |
| Gain (loss) on sale of data      centers                                                                                                                |   |   | —                  |   |   |   | —  |   |   |   | 48.2  |   |   |   | (1.3  | ) |   |   | —  |   |
| Income (loss) from continuing      operations before income taxes                                                                                       |   |   | 50.6                     |   |   |   | 18.3  |   |   |   | 43.4  |   |   |   | (7.2  | ) |   |   | (36.2  | ) |
| Provision for income      taxes                                                                                                                         |   |   | 8.3                           |   |   |   | 4.5  |   |   |   | —  |   |   |   | 0.4  |   |   |   | 0.5  |   |
| Income (loss) from continuing      operations                                                                                                           |   |   | 42.3                     |   |   |   | 13.8  |   |   |   | 43.4  |   |   |   | (7.6  | ) |   |   | (36.7  | ) |
| Income (loss) from discontinued      operations, net of      taxes                                                                                      |   |   | —                  |   |   |   | —  |   |   |   | 3.0  |   |   |   | (0.8  | ) |   |   | (1.1  | ) |
| Net income(loss)                                                                                                                                        |   | $      | 42.3                     |   |   | $  | 13.8  |   |   | $ | 46.4  |   |   |  $ | (8.4  | ) |   | $ | (37.8  | ) |
| Net income (loss) per share,      basic:                                                                                                                |   |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) per share from continuing      operations                                                                                             |   | $      | 3.85                     |   |   | $  | 1.28  |   |   | $ | 4.07  |   |   | $ | (0.72  | ) |   | $ | (3.48  | ) |
| Net income (loss) per share from      discontinued operations                                                                                           |   |   | —             |   |   |   | —   |   |   |   | .28  |   |   |   | (0.07  | ) |   |   | (0.10  | ) |
| Net income (loss) per share, basic                                                                                                                      |   | $      | 3.85                     |   |   | $  | 1.28  |   |   | $ | 4.35  |   |   | $ | (0.79  | ) |   | $ | (3.58  | ) |
| Shares used in computing basic      net      income (loss) per      share                                                                               |   |   | 10,992,642               |   |   |   | 10,751,921  |   |   |   | 10,669,365  |   |   |   | 10,596,244  |   |   |   | 10,550,249  |   |
| Net income (loss) per share,      diluted:                                                                                                              |   |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) per share from continuing      operations                                                                                             |   | $      | 3.46                     |   |   | $  | 1.13 |   |   | $ | 3.68  |   |   | $ | (0.72  | ) |   | $ | (3.48  | ) |
| Net income (loss) per share from      discontinued operations                                                                                           |   |   | —                  |   |   |   | —  |   |   |   | .26  |   |   |   | (0.07  | ) |   |   | (0.10  | ) |
| Net income (loss) per share, diluted                                                                                                                    |   | $      | 3.46                     |   |   | $  | 1.13 |   |   | $ | 3.94  |   |   | $ | (0.79  | ) |   | $ | (3.58  | ) |
| Shares used in computing diluted      net income (loss) per      share                                                                                  |   |   | 12,227,075               |   |   |   | 12,184,139 |   |   |   | 11,794,279  |   |   |   | 10,596,244  |   |   |   | 10,550,249  |   |

|                                  |   |   | At December    31, |
|---------------------------------------|--------|--------|--------------------|
|                                  |   |   | 2008               |   |   |   | 2007 |   |   |   | 2006 |   |   |   | 2005 |   |   | 2004 |
| Balance Sheet      data:              |   |   |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash and cash      equivalents        |   | $      | 87.1          |   |   | $  | 45.8  |   |   | $ | 70.7  |   |   | $ | 45.9  |   |   | $ | 45.3  |   |
| Working capital      (deficit)        |   |   | 11.8          |   |   |   | (26.1  | ) |   |   | 17.4  |   |   |   | (5.8  | ) |   |   | (4.0  | ) |
| Property and equipment,      net      |   |   | 398.4         |   |   |   | 347.7  |   |   |   | 299.2  |   |   |   | 305.2  |   |   |   | 312.3  |   |
| Totalassets                           |   |   | 525.6         |   |   |   | 432.3  |   |   |   | 407.7  |   |   |   | 385.0  |   |   |   | 400.2  |   |
| Long-term debt (*)                    |   |   | 34.3          |   |   |   | 1.6  |   |   |   | 1.5  |   |   |   | 1.6  |   |   |   |     1.8  |   |
| Total shareholders’      equity |   |   | 284.3         |   |   |   | 223.7  |   |   |   | 217.9  |   |   |   | 166.9  |   |   |   | 170.9  |   |

----

|   | (*) | At December 31, 2007, 2006, 2005      and 2004, the balance represents the long-term obligation under a      capital lease, which was included in other long-term liabilities on the      respective consolidated balance sheets.  The December 31, 2008      balance also includes the long-term portion of the aggregate $36 million      of term loans borrowed pursuant to the Secured Credit      Facility. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                     |   |   | Years Ended December  31, |
|----------------------------------------------------------|--------|--------|---------------------------|
|                                                     |   |   | 2008                      |   |   |   | 2007 |   |   |   | 2006 |   |   |   | 2005 |   |   |   | 2004 |
| Cash flow    data:                                       |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net cash provided by operating      activities           |   | $      | 116.1                |   |   | $  | 69.7  |   |   | $ | 51.3  |   |   | $ | 43.6  |   |   | $ | 25.8  |   |
| Net cash used in investing      activities               |   |   | (115.6               | ) |   |   | (89.3  | ) |   |   | (27.2  | ) |   |   | (42.0  | ) |   |   | (23.0  | ) |
| Net cash provided by (used in)      financing activities |   |   | 42.6                 |   |   |   | (5.4  | ) |   |   | (1.0  | ) |   |   | (1.1  | ) |   |   | (62.5  | ) |

----

----

----

| Building      (except certain storage huts which are 20 years) |   | 37.5      years                                       |
|----------------------------------------------------------------|--------|-------------------------------------------------------|
|                                                           |   |                                                  |
| Network      infrastructure assets                             |   | 20      years                                         |
|                                                           |   |                                                  |
| Software      and computer equipment                           |   | 3      to 4 years                                     |
|                                                           |   |                                                  |
| Transmission      and IP equipment                             |   | 3      to 7 years                                     |
|                                                           |   |                                                  |
| Furniture,      fixtures and equipment                         |   | 3      to 10 years                                    |
|                                                           |   |                                                  |
| Leasehold      improvements                                    |   | Lesser      of estimated useful life or the leaseterm |

|                 |   |               |   |                       |
|----------------------|--------|--------------------|--------|----------------------------|
| Notional      Amount |   |               |   | Weighted      Average Rate |
| (In      millions)   |   | Maturity      Date |   | Pay                        |   | Receive |
| $24                  |   | 2011               |   | 3.65%                      |   | 2.69% |
|                 |   |               |   |                       |   |   |
| $12                  |   | 2011               |   | 2.635%                     |   | 1.73% |

----

| Level      1: | Observable      inputs such as quoted prices for identical assets or liabilities in active      markets.                                                                                                                                                                                                                                                                                                                              |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Level      2: | Observable      inputs other than quoted prices that are directly or indirectly observable      for the asset or liability, including quoted prices for similar assets or      liabilities in active markets; quoted prices for similar or identical      assets or liabilities in markets that are not active; and model-derived      valuations whose inputs are observable or whose significant value drivers      are observable. |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Level      3: | Unobservable      inputs that reflect the reporting entity’s own  assumptions.                                                                                                                                                                                                                                                                                                                                                  |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | Years      Ended December 31, |    |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Dividend      yield                                                                                                   |   |                               | — |   |   |   | — |   |   |   | — |   |
| Expected      volatility                                                                                              |   |                               | 80.00   | % |   |   | 80.00 | % |   |   | 80.00 | % |
| Risk-free      interest      rate                                                                                     |   |                               | 2.96    | % |   |   | 4.61 | % |   |   | 4.89 | % |
| Expected      life      (years)                                                                                       |   |                               | 5.00    |   |   |   | 5.00 |   |   |   | 5.00 |   |
| Weighted      average fair value of options granted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                                  | 39.36   |   |   | $ | 41.77 |   |   | $ | 31.16 |   |

|                                                                                                                                                                                                                                               |   |    |                                    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|------------------------------------|
|                                                                                                                                                                                                                                               |   |    | Years Ended December      31, |   |   |   |   |   |
|                                                                                                                                                                                                                                               |   |    | 2008                               |   |   |   | 2007 |   |   | $ Increase/(Decrease) |   | % Increase/(Decrease) |
| Revenue                                                                                                                                                                                                                                            |   |  $ | 319.9                         |   |   |  $ | 253.6  |   |   |  $ | 66.3  |   |   |   | 26.1  | % |
| Costs of revenue (excluding      depreciation and amortization, shown separately below,      and including provisions for equipment impairment of  $0.4 and      $2.2 for the years ended December 31, 2008 and 2007,      respectively) |   |    | 126.0                         |   |   |   | 110.3  |   |   |   | 15.7  |   |   |   | 14.2  | % |
| Selling, general and      administrative      expenses                                                                                                                                                                                             |   |    | 90.5                          |   |   |   | 80.9  |   |   |   | 9.6  |   |   |   | 11.9  | % |
| Depreciation and      amortization                                                                                                                                                                                                                 |   |    | 48.3                          |   |   |   | 47.5  |   |   |   | 0.8  |   |   |   | 1.7  | % |
| Loss on      litigation                                                                                                                                                                                                                            |   |    | —                       |   |   |   | 11.7  |   |   |   | (11.7  | ) |   |   | NM  |   |
| Operating income                                                                                                                                                                                                                                   |   |    | 55.1                          |   |   |   | 3.2  |   |   |   | 51.9  |   |   |   | NM  |   |
| Other income      (expense):                                                                                                                                                                                                                       |   |    |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain on reversal of foreign      currency translation adjustments from liquidation of      subsidiaries                                                                                                                                            |   |    | —                       |   |   |   | 10.3  |   |   |   | (10.3  | ) |   |   | NM  |  |
| Interest    income                                                                                                                                                                                                                                 |   |    | 1.8                           |   |   |   | 3.3  |   |   |   | (1.5  | ) |   |   | (45.5  | )% |
| Interest      expense                                                                                                                                                                                                                              |   |    | (3.9                          | ) |   |   | (2.3  | ) |   |   | 1.6  |   |   |   | 69.6  | % |
| Other (expense) income,net                                                                                                                                                                                                                         |   |    | (2.4                          | ) |   |   | 3.8  |   |   |   | (6.2  | ) |   |   | NM  |  |
| Income from continuing      operations, before      income taxes                                                                                                                                                                                   |   |    | 50.6                          |   |   |   | 18.3  |   |   |   | 32.3  |   |   |   | 176.5  | % |
| Provision for income      taxes                                                                                                                                                                                                                    |   |    | 8.3                           |   |   |   | 4.5  |   |   |   | 3.8  |   |   |   | 84.4  | % |
| Net income                                                                                                                                                                                                                                         |   | $       | 42.3                          |   |   | $ | 13.8  |   |   | $ | 28.5  |   |   |   | 206.5  | % |

----

----

----

|                                                                                                                                                                                             |   |    |                                    |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|------------------------------------|
|                                                                                                                                                                                             |   |    | Years Ended December      31, |   |   |   |   |   |
|                                                                                                                                                                                             |   |    | 2007                               |   |   |   | 2006 |   |   | $ Increase/(Decrease) |   | % Increase/(Decrease) |
| Revenue                                                                                                                                                                                          |   |  $ | 253.6                         |   |   |  $ | 236.7  |   |   |  $ | 16.9  |   |   |   | 7.1  | % |
| Costs of revenue (excluding      depreciation and amortization, shown separately below, and including      provision for equipment impairment of $2.2 for the year ended December 31,      2007) |   |    | 110.3                         |   |   |   | 121.9  |   |   |   | (11.6  | ) |   |   | (9.5  | )% |
| Selling, general and      administrative      expenses                                                                                                                                           |   |    | 80.9                          |   |   |   | 71.1  |   |   |   | 9.8  |   |   |   | 13.8  | % |
| Depreciation and      amortization                                                                                                                                                               |   |    | 47.5                          |   |   |   | 47.2  |   |   |   | 0.3  |   |   |   | 0.6  | % |
| Loss on      litigation                                                                                                                                                                          |   |    | 11.7                          |   |   |   | — |   |   |   | 11.7  |   |   |   | NM  |   |
| Operating income (loss)                                                                                                                                                                          |   |    | 3.2                           |   |   |   | (3.5  | ) |   |   | 6.7  |   |   |   | 191.4  | % |
| Other income      (expense):                                                                                                                                                                     |   |    |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain on reversal of foreign      currency translation adjustments from liquidation of      subsidiaries                                                                                          |   |    | 10.3                          |   |   |   | — |   |   |   | 10.3  |   |   |   | NM  |   |
| Interest    income                                                                                                                                                                               |   |    | 3.3                           |   |   |   | 2.4  |   |   |   | 0.9  |   |   |   | 37.5  | % |
| Interest      expense                                                                                                                                                                            |   |    | (2.3                          | ) |   |   | (5.8  | ) |   |   | (3.5  | ) |   |   | (60.3  | )% |
| Other income,      net                                                                                                                                                                           |   |    | 3.8                           |   |   |   | 2.1  |   |   |   | 1.7  |   |   |   | 81.0  | % |
| Gain on sales of data      centers                                                                                                                                                               |   |    | —                       |   |   |   | 48.2  |   |   |   | (48.2  | ) |   |   | NM  |   |
| Income from continuing      operations, before      income taxes                                                                                                                                 |   |    | 18.3                          |   |   |   | 43.4  |   |   |   | (25.1  | ) |   |   | (57.8  | )% |
| Provision for income      taxes                                                                                                                                                                  |   |    | 4.5                           |   |   |   | — |   |   |   | 4.5  |   |   |   | NM  |   |
| Income from continuing      operations                                                                                                                                                           |   |    | 13.8                          |   |   |   | 43.4  |   |   |   | (29.6  | ) |   |   | (68.2  | )% |
| Income from discontinued      operations, net of      taxes                                                                                                                                      |   |    | —                       |   |   |   | 3.0  |   |   |   | (3.0  | ) |   |   | NM  |   |
| Net income                                                                                                                                                                                       |   | $       | 13.8                          |   |   | $ | 46.4  |   |   | $ | (32.6  | ) |   |   | (70.3  | )% |

----

----

----

|                                                              | Payments Due By Period (In      Millions) |   |
|-------------------------------------------------------------------|---------------------------------------------------------------|--------|
| Contractual Obligations                                      | Total                                                         |   | Less      than1      Year |   | 1-3Years |   | 4-5Years |   | More than5 Years |   |
|                                                              |                                                          |   |   |   |   |   |   |   |   |   |
| Note      payable (including interest)                            |                                                          | $      | 43.5 |   |   | $ | 5.5 |   |   | $ | 12.3 |   |   | $ | 25.7 |   |   | $ | — |   |
| Operating      Lease Obligations                                  |                                                          |   | 66.9 |   |   |   | 14.0 |   |   |   | 17.8 |   |   |   | 13.6 |   |   |   | 21.5 |   |
| Capital      Lease Obligations (including interest)               |                                                          |   | 2.2 |   |   |   | 0.2 |   |   |   | 0.5 |   |   |   | 0.5 |   |   |   | 1.0 |   |
| Other      Rights-of-Way, Franchise Fees and Building Access Fees |                                                          |   | 152.9 |   |   |   | 26.7 |   |   |   | 37.0 |   |   |   | 22.6 |   |   |   | 66.6 |   |
| Total                                                             |                                                          | $      | 265.5 |   |   | $ | 46.4 |   |   | $ | 67.6 |   |   | $ | 62.4 |   |   | $ | 89.1 |   |

----

|                                                                                                                                                                                                                                              |   |    | 2008        |   |   |    | 2007        |   |   |   | $ Increase/(Decrease) |   | % Increase/(Decrease) |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|-------------|--------|--------|---------|-------------|--------|--------|--------|-----------------------|--------|-----------------------|--------|--------|
| Revenue                                                                                                                                                                                                                                           |   |  $ | 288.2  |   |   |  $ | 227.5  |   |   | $      | 60.7             |   | 26.7             |   | %      |
| Costs of revenue (excluding      depreciation and amortization, shown separately below,      and including provision for equipment impairment of  $0.4 and      $2.2 for the years ended December 31, 2008 and 2007,      respectively) |   |    | 116.6  |   |   |    | 101.9  |   |   |   | 14.7             |   | 14.4             |   | %      |
| Selling, general and      administrative      expenses                                                                                                                                                                                            |   |    | 79.6   |   |   |    | 69.3   |   |   |   | 10.3             |   | 14.9             |   | %      |
| Depreciation and      amortization                                                                                                                                                                                                                |   |    | 41.9   |   |   |    | 41.4   |   |   |   | 0.5              |   | 1.2              |   | %      |
| Operating income                                                                                                                                                                                                                                  |   |    | 50.1   |   |   |    | 14.9   |   |   |   | 35.2             |   | 236.2            |   | %      |
| Other income      (expense):                                                                                                                                                                                                                      |   |    |        |   |   |    |        |   |   |   |                  |   |                  |   |   |
| Interest    income                                                                                                                                                                                                                                |   |    | 1.7    |   |   |    | 3.1    |   |   |   | (1.4             | )      | (45.2            | )      | %      |
| Interest      expense                                                                                                                                                                                                                             |   |    | (3.9   | )      |   |    | (2.3   | )      |   |   | 1.6              |   | 69.6             |   | %      |
| Other income,      net                                                                                                                                                                                                                            |   |    | 2.8    |   |   |    | 2.7    |   |   |   | 0.1              |   | 3.7              |   | %      |
| Income before income      taxes                                                                                                                                                                                                                   |   |    | 50.7   |   |   |    | 18.4   |   |   |   | 32.3             |   | 175.5            |   | %      |
| Provision for income      taxes                                                                                                                                                                                                                   |   |    | 8.3    |   |   |    | 4.5    |   |   |   | 3.8              |   | 84.4             |   | %      |
| Net income                                                                                                                                                                                                                                        |   | $  | 42.4   |   |   | $  | 13.9   |   |   | $      | 28.5             |   | 205.0            |   | %      |

|                                                                                                    |   |          | 2008                      |   |   |   | 2007                      |   |   |   | $ Increase/(Decrease) |   | % Increase/(Decrease) |   |   |
|---------------------------------------------------------------------------------------------------------|--------|---------------|---------------------------|--------|--------|--------|---------------------------|--------|--------|--------|-----------------------|--------|-----------------------|--------|--------|
| Revenue                                                                                                 |   |  $  | 31.7                 |   |   | $      | 26.1                 |   |   | $      | 5.6              |   | 21.5             |   | %      |
| Costs of revenue (excluding      depreciation and amortization, shown separately      below)            |   |          | 9.4                  |   |   |   | 8.4                  |   |   |   | 1.0              |   | 11.9             |   | %      |
| Selling, general and      administrative      expenses                                                  |   |          | 10.9                 |   |   |   | 11.6                 |   |   |   | (0.7             | )      | (6.0             | )      | %      |
| Depreciation and      amortization                                                                      |   |          | 6.4                  |   |   |   | 6.1                  |   |   |   | 0.3              |   | 4.9              |   | %      |
| Loss on      litigation                                                                                 |   |          |   —  |   |   |   | 11.7                 |   |   |   | (11.7            | )      | NM               |   |   |
| Operating income (loss)                                                                                 |   |          | 5.0                  |   |   |   |   (11.7    | )      |   |   | 16.7             |   | 142.7            |   | %      |
| Other income      (expense):                                                                            |   |          |                      |   |   |   |                      |   |   |   |                  |   |                  |   |   |
| Gain on reversal of foreign      currency translation adjustments from liquidation of      subsidiaries |   |          |   —  |   |   |   | 10.3                 |   |   |   | (10.3            | )      | NM               |   |   |
| Interest    income                                                                                      |   |          | 0.1                  |   |   |   | 0.2                  |   |   |   | (0.1             | )      | (50.0            | )      | %      |
| Other (expense) income, net                                                                             |   |          | (5.2                 | )      |   |   | 1.1                  |   |   |   | (6.3             | )      | (572.7           | )      | %      |
| Loss before income      taxes                                                                           |   |          | (0.1                 | )      |   |   | (0.1                 | )      |   |   | —          |   | —          |   |   |
| Provision for income      taxes                                                                         |   |          |   —  |   |   |   |   —  |   |   |   | —          |   |                  |   |   |
| Net loss                                                                                                |   | $        | (0.1                 | )      |   | $      | (0.1                 | )      |   | $      | —          |   | —          |   |   |

----

|   |   |   | 2007 |   |   |   | 2006 |   |   |   | $ Increase/(Decrease) |   | % Increase/(Decrease) |   |   |
|--------|--------|--------|------|--------|--------|--------|------|--------|--------|--------|-----------------------|--------|-----------------------|--------|--------|

| Revenue                                                                                                                                                                                          |   |  $ | 227.5    |   |   |  $ | 217.6    |   |   | $      |  9.9  |   | 4.5    |   | %      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------------|--------|--------|---------|---------------|--------|--------|--------|-----------------|--------|-------------|--------|--------|
| Costs of revenue (excluding      depreciation and amortization, shown separately below,      and including provision for equipment impairment of $2.2 for the year      ended December 31, 2007) |   |    | 101.9    |   |   |    | 113.6    |   |   |   | (11.7      | )      | (10.3  | )      | %      |
| Selling, general and      administrative      expenses                                                                                                                                           |   |    | 69.3     |   |   |    | 63.4     |   |   |   | 5.9        |   | 9.3    |   | %      |
| Depreciation and      amortization                                                                                                                                                               |   |    | 41.4     |   |   |    | 43.0     |   |   |   | (1.6       | )      | (3.7   | )      | %      |
| Operating income (loss)                                                                                                                                                                          |   |    | 14.9     |   |   |    | (2.4     | )      |   |   | 17.3       |   | 720.8  |   | %      |
| Other income      (expense):                                                                                                                                                                     |   |    |          |   |   |    |          |   |   |   |            |   |        |   |   |
| Interest    income                                                                                                                                                                               |   |    | 3.1      |   |   |    | 2.4      |   |   |   | 0.7        |   | 29.2   |   | %      |
| Interest      expense                                                                                                                                                                            |   |    | (2.3     | )      |   |    | (5.8     | )      |   |   | (3.5       | )      | (60.3  | )      | %      |
| Other income (expense), net                                                                                                                                                                      |   |    | 2.7      |   |   |    | (1.4     | )      |   |   | 4.1        |   | 292.9  |   | %      |
| Gain on sale of data      centers                                                                                                                                                                |   |    | —  |   |   |    | 48.2     |   |   |   | (48.2      | )      | NM     |   |   |
| Income from continuing operations before income      taxes                                                                                                                                       |   |    | 18.4     |   |   |    | 41.0     |   |   |   | (22.6      | )      | (55.1  | )      | %      |
| Provision for income      taxes                                                                                                                                                                  |   |    | 4.5      |   |   |    | —  |   |   |   | 4.5        |   | NM     |   |   |
| Income from continuing      operations                                                                                                                                                           |   |    | 13.9     |   |   |    | 41.0     |   |   |   | (27.1      | )      | (66.1  | )      | %      |
| Net income                                                                                                                                                                                       |   | $  | 13.9     |   |   | $  | 41.0     |   |   | $      | (27.1      | )      | (66.1  | )      | %      |

|   |   |   | 2007 |   |   |   | 2006 |   |   |   | $ Increase/(Decrease) |   | % Increase/(Decrease) |   |   |
|--------|--------|--------|------|--------|--------|--------|------|--------|--------|--------|-----------------------|--------|-----------------------|--------|--------|

| Revenue                                                                                                 |   |  $  | 26.1                 |   |   | $      | 19.1                 |   |   | $      |  7.0        |   | 36.6    |   | %      |
|---------------------------------------------------------------------------------------------------------|--------|---------------|---------------------------|--------|--------|--------|---------------------------|--------|--------|--------|-----------------------|--------|--------------|--------|--------|
| Costs of revenue (excluding      depreciation and amortization, shown separately      below)            |   |          | 8.4                  |   |   |   | 8.3                  |   |   |   |   0.1  |   | 1.2     |   | %      |
| Selling, general and      administrative      expenses                                                  |   |          | 11.6                 |   |   |   | 7.7                  |   |   |   | 3.9              |   | 50.6    |   | %      |
| Depreciation and      amortization                                                                      |   |          | 6.1                  |   |   |   | 4.2                  |   |   |   | 1.9              |   | 45.2    |   | %      |
| Loss on      litigation                                                                                 |   |          | 11.7                 |   |   |   |   —  |   |   |   | 11.7             |   | NM      |   |   |
| Operating    loss                                                                                       |   |          |   (11.7    | )      |   |   | (1.1                 | )      |   |   | 10.6             |   | NM      |   |   |
| Other income      (expense):                                                                            |   |          |                      |   |   |   |                      |   |   |   |                  |   |         |   |   |
| Gain on reversal of foreign      currency translation adjustments from liquidation of      subsidiaries |   |          | 10.3                 |   |   |   | —              |   |   |   | 10.3             |   | NM      |   |   |
| Interest    income                                                                                      |   |          | 0.2                  |   |   |   | —              |   |   |   | 0.2              |   | NM      |   |   |
| Other income,      net                                                                                  |   |          | 1.1                  |   |   |   | 3.5                  |   |   |   | (2.4             | )      | (68.6   | )      | %      |
| (Loss) income from continuing      operations                                                           |   |          | (0.1                      | )      |   |   | 2.4                       |   |   |   | (2.5                  | )      | (104.2  | )      | %      |
| Gain on disposition of      discontinued operations, net of taxes                                       |   |          |   —  |   |   |   | 3.9                  |   |   |   | (3.9             | )      | NM      |   |   |
| Loss from discontinued      operations                                                                  |   |          |   —  |   |   |   | (0.9                 | )      |   |   | 0.9              |   | NM      |   |   |
| Net income from discontinued      operations                                                            |   |          |   —  |   |   |   | 3.0                  |   |   |   | (3.0             | )      | NM      |   |   |
| Net (loss)      income                                                                                  |   | $        | (0.1                 | )      |   | $      | 5.4                  |   |   | $      | (5.5             | )      | (101.9  | )      | %      |

----

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BOVENET, INC. ANDSUBSIDIARIES

|                                                                                                                      |   | Page   |   |
|---------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
|                                                                                                                      |   |   |   |
| Report      of Independent Registered Public Accounting Firm                                                              |   | 37     |   |
|                                                                                                                      |   |   |   |
| Consolidated      Balance Sheets as of December 31, 2008 and 2007                                                    |   | 38     |   |
|                                                                                                                      |   |   |   |
| Consolidated      Statements of Operations for the years ended December 31, 2008, 2007      and 2006                 |   | 39     |   |
|                                                                                                                      |   |   |   |
| Consolidated      Statements of Shareholders’ Equity for the years ended December 31,      2008, 2007 and 2006 |   | 40     |   |
|                                                                                                                      |   |   |   |
| Consolidated      Statements of Cash Flows for the years ended December 31, 2008, 2007      and 2006                 |   | 41     |   |
|                                                                                                                      |   |   |   |
| Consolidated      Statements of Comprehensive Income for the years ended December 31,      2008, 2007 and 2006       |   | 42     |   |
|                                                                                                                      |   |   |   |
| Notes      to Consolidated Financial Statements                                                                           |   | 43     |   |

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| /s/  BDO      Seidman, LLP |
|--------------------------------------|
|                                 |
| New      York, NY                    |
| March      13, 2009                  |

----

|                                                                                                                                                                                                                                   |   | December 31, |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|---------|
|                                                                                                                                                                                                                                   |   | 2008              |    |   | 2007 |   |
| ASSETS:                                                                                                                                                                                                                                |   |              |    |   |   |   |
| Current      assets:                                                                                                                                                                                                                   |   |              |    |   |   |   |
| Cash      and cash equivalents                                                                                                                                                                                                         |   | $                 | 87.1    |   |   | $ | 45.8 |   |
| Restricted      cash and cash equivalents                                                                                                                                                                                              |   |              | 3.5     |   |   |   | 4.9 |   |
| Accounts      receivable, net of allowances of $1.3 and $0.7, at December 31, 2008 and      2007, respectively                                                                                                                         |   |              | 20.9    |   |   |   | 18.4 |   |
| Prepaid      costs and other current assets                                                                                                                                                                                            |   |              | 9.8     |   |   |   | 11.8 |   |
| Total      current assets                                                                                                                                                                                                              |   |              | 121.3   |   |   |   | 80.9 |   |
|                                                                                                                                                                                                                                   |   |              |    |   |   |   |   |   |
| Property      and equipment, net of accumulated depreciation and amortization of $207.4      and $172.6 at December 31, 2008 and 2007, respectively                                                                                    |   |              | 398.4   |   |   |   | 347.7 |   |
| Other      assets                                                                                                                                                                                                                      |   |              | 5.9     |   |   |   | 3.7 |   |
| Total      assets                                                                                                                                                                                                                      |   | $                 | 525.6   |   |   | $ | 432.3 |   |
|                                                                                                                                                                                                                                   |   |              |    |   |   |   |   |   |
| LIABILITIES:                                                                                                                                                                                                                           |   |              |    |   |   |   |   |   |
| Current      liabilities:                                                                                                                                                                                                              |   |              |    |   |   |   |   |   |
| Accounts      payable                                                                                                                                                                                                                  |   | $                 | 13.9    |   |   | $ | 7.9 |   |
| Accrued      expenses, including income taxes payable                                                                                                                                                                                  |   |              | 65.9    |   |   |   | 78.3 |   |
| Deferred      revenue—current portion                                                                                                                                                                                            |   |              | 26.5    |   |   |   | 20.8 |   |
| Note      payable - current                                                                                                                                                                                                            |   |              | 3.2     |   |   |   | — |   |
| Total      current liabilities                                                                                                                                                                                                         |   |              | 109.5   |   |   |   | 107.0 |   |
|                                                                                                                                                                                                                                   |   |              |    |   |   |   |   |   |
| Note      payable                                                                                                                                                                                                                      |   |              | 32.8    |   |   |   | — |   |
| Deferred      revenue                                                                                                                                                                                                                  |   |              | 88.5    |   |   |   | 91.7 |   |
| Other      long-term liabilities                                                                                                                                                                                                       |   |              | 10.5    |   |   |   | 9.9 |   |
| Total      liabilities                                                                                                                                                                                                                 |   |              | 241.3   |   |   |   | 208.6 |   |
|                                                                                                                                                                                                                                   |   |              |    |   |   |   |   |   |
| Commitments      and contingencies                                                                                                                                                                                                     |   |              |    |   |   |   |   |   |
|                                                                                                                                                                                                                                   |   |              |    |   |   |   |   |   |
| SHAREHOLDERS’      EQUITY:                                                                                                                                                                                                       |   |              |    |   |   |   |   |   |
| Preferred      stock, 9,500,000 shares authorized, $0.01 par value, none issued or      outstanding                                                                                                                                    |   |              | — |   |   |   | — |   |
| Junior      preferred stock, 500,000 shares authorized, $0.01 par value, none issued      or outstanding                                                                                                                               |   |              | — |   |   |   | — |   |
| Common      stock, 29,999,138 shares authorized, $0.01 par value, 11,609,737 issued      and 11,358,301 outstanding as of December 31, 2008 and 10,833,049      issued and 10,687,956 outstanding as of December 31,    2007 |   |              | 0.1     |   |   |   | 0.1 |   |
| Additional      paid-in capital                                                                                                                                                                                                        |   |              | 280.0   |   |   |   | 253.7 |   |
| Treasury      stock at cost, 251,436  and 145,093 shares as of December 31,      2008 and 2007, respectively                                                                                                                 |   |              | (16.3   | ) |   |   | (10.2 | ) |
| Accumulated      other comprehensive loss                                                                                                                                                                                              |   |              | (9.3    | ) |   |   | (7.4 | ) |
| Retained      earnings (accumulated deficit)                                                                                                                                                                                           |   |              | 29.8    |   |   |   | (12.5 | ) |
| Total      shareholders’ equity                                                                                                                                                                                                  |   |              | 284.3   |   |   |   | 223.7 |   |
| Total      liabilities and shareholders’ equity                                                                                                                                                                                  |   | $                 | 525.6   |   |   | $ | 432.3 |   |

----

|                                                                                                                                                                                                                                           |   | Years      Ended December 31, |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|--------|
|                                                                                                                                                                                                                                           |   | 2008                               |   | 2007 |   | 2006 |   |
| Revenue                                                                                                                                                                                                                                        |   | $                                  | 319.9  |   |   | $ | 253.6 |   |   | $ | 236.7 |   |
| Costs      of revenue (excluding depreciation and amortization, shownseparately      below, and including      provision for equipment impairment of $0.4 and  $2.2 for the      years ended December 31, 2008 and 2007,respectively |   | 126.0                              |   |   | 110.3 |   |   | 121.9 |   |
| Selling,      general and administrative expenses                                                                                                                                                                                              |   | 90.5                               |   |   | 80.9 |   |   | 71.1 |   |
| Depreciation      and amortization                                                                                                                                                                                                             |   | 48.3                               |   |   | 47.5 |   |   | 47.2 |   |
| Loss      on litigation                                                                                                                                                                                                                        |   | —                            |   |   | 11.7 |   |   | — |   |
| Operating  income      (loss)                                                                                                                                                                                                        |   | 55.1                               |   |   | 3.2 |   |   | (3.5 | ) |
| Other      income (expense):                                                                                                                                                                                                                   |   |                               |   |   |   |   |   |   |   |
| Gain      on reversal of foreign currency translation adjustments from liquidation      of subsidiaries                                                                                                                                        |   | —                            |   |   | 10.3 |   |   | — |   |
| Interest      income                                                                                                                                                                                                                           |   | 1.8                                |   |   | 3.3 |   |   | 2.4 |   |
| Interest      expense                                                                                                                                                                                                                          |   | (3.9                               | )      |   | (2.3 | ) |   | (5.8 | ) |
| Other      (expense) income, net                                                                                                                                                                                                               |   | (2.4                               | )      |   | 3.8 |   |   | 2.1 |   |
| Gain      on sale of data centers                                                                                                                                                                                                              |   | —                            |   |   | — |   |   | 48.2 |   |
| Income      from continuing operations before income taxes                                                                                                                                                                                     |   | 50.6                               |   |   | 18.3 |   |   | 43.4 |   |
| Provision      for income taxes                                                                                                                                                                                                                |   | 8.3                                |   |   | 4.5 |   |   | — |   |
| Income      from continuing operations                                                                                                                                                                                                         |   | 42.3                               |   |   | 13.8 |   |   | 43.4 |   |
| Gain      on disposition of discontinued operations                                                                                                                                                                                            |   | —                            |   |   | — |   |   | 3.9 |   |
| Loss      from discontinued operations                                                                                                                                                                                                         |   | —                            |   |   | — |   |   | (0.9 | ) |
| Income      from discontinued operations                                                                                                                                                                                                       |   | —                            |   |   | — |   |   | 3.0 |   |
| Net      income                                                                                                                                                                                                                                |   | $                                  | 42.3   |   |   | $ | 13.8 |   |   | $ | 46.4 |   |
| Net      income per share, basic:                                                                                                                                                                                                              |   |                               |   |   |   |   |   |   |   |
| Net      income per share from continuing operations                                                                                                                                                                                           |   | $                                  | 3.85   |   |   | $ | 1.28 |   |   | $ | 4.07 |   |
| Net      income per share from discontinued operations                                                                                                                                                                                         |   | —                            |   |   | — |   |   | .28 |   |
| Basic      net income per share                                                                                                                                                                                                                |   | $                                  | 3.85   |   |   | $ | 1.28 |   |   | $ | 4.35 |   |
| Weighted      average number of common shares                                                                                                                                                                                                  |   | 10,992,642                         |   |   | 10,751,921 |   |   | 10,669,365 |   |
| Net      income per share, diluted:                                                                                                                                                                                                            |   |                               |   |   |   |   |   |   |   |
| Net      income per share from continuing operations                                                                                                                                                                                           |   | $                                  | 3.46   |   |   | $ | 1.13 |   |   | $ | 3.68 |   |
| Net      income per share from discontinued operations                                                                                                                                                                                         |   | —                            |   |   | — |   |   | .26 |   |
| Diluted      net income per share                                                                                                                                                                                                              |   | $                                  | 3.46   |   |   | $ | 1.13 |   |   | $ | 3.94 |   |
| Weighted      average number of common shares                                                                                                                                                                                                  |   | 12,227,075                         |   |   | 12,184,139 |   |   | 11,794,279 |   |

----

|                                                                                                         |   | Common      Stock |       |   | Treasury      Stock |   |    | Other Shareholders’      Equity |   |   |    |   |
|--------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|--------|---------------------|--------|---------|--------------------------------------------|--------|--------|---------|--------|
|                                                                                                         |   | Shares            |       |   | Amount              |   |    | Shares                                     |   |   | Amount  |   |   | AdditionalPaid-inCapital |   |   | AccumulatedOtherComprehensiveIncome |   |   | Restricted      Earnings(AccumulatedDeficit) |   |   | TotalShareholders’Equity |   |
|                                                                                                         |   |              |       |   |                |   |    |                                       |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance      at January 1, 2006                                                                         |   |              | 10,466,444 |   |                | $      | 0.1     |                                       |   |   | 15,277  |   |   | $ | (0.5 | ) |   | $ | 237.5 |   |   | $ | 2.5 |   |   | $ | (72.7 | ) |   | $ | 166.9 |   |
| Issuance      of common stock from exercise of warrants                                                      |   |              | 6,945      |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 0.2 |   |   |   | — |   |   |   | — |   |   |   | 0.2 |   |
| Foreign      currency translation adjustments                                                                |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 0.5 |   |   |   | — |   |   |   | 0.5 |   |
| Amortization      of stock-based compensation expense for stock options and restricted stock      units      |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 3.9 |   |   |   | — |   |   |   | — |   |   |   | 3.9 |   |
| Net      income                                                                                              |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 46.4 |   |   |   | 46.4 |   |
| Balance      at December 31, 2006                                                                       |   |              | 10,473,389 |   |                |   | 0.1     |                                       |   |   | 15,277  |   |   |   | (0.5 | ) |   |   | 241.6 |   |   |   | 3.0 |   |   |   | (26.3 | ) |   |   | 217.9 |   |
| Issuance      of common stock from exercise of warrants                                                      |   |              | 48,941     |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 1.1 |   |   |   | — |   |   |   | — |   |   |   | 1.1 |   |
| Issuance      of common stock from vested restricted stock                                                   |   |              | 310,719    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Purchase      of treasury stock-                                                                             |   |              |       |   |                |   |    |                                       |   |   | 129,816 |   |   |   | (9.7 | ) |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (9.7 | ) |
| Foreign      currency translation adjustments                                                                |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (0.1 | ) |   |   | — |   |   |   | (0.1 | ) |
| Reversal      of foreign currency translation adjustments from liquidation of      subsidiaries              |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (10.3 | ) |   |   | — |   |   |   | (10.3 | ) |
| Amortization      of stock-based      compensation expense for stock options and restricted      stock units |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 8.2 |   |   |   | — |   |   |   | — |   |   |   | 8.2 |   |
| Tax      benefit from issuance of restricted stock                                                           |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 2.8 |   |   |   | — |   |   |   | — |   |   |   | 2.8 |   |
| Net      income                                                                                              |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 13.8 |   |   |   | 13.8 |   |
| Balance      at December 31, 2007                                                                       |   |              | 10,833,049 |   |                |   | 0.1     |                                       |   |   | 145,093 |   |   |   | (10.2 | ) |   |   | 253.7 |   |   |   | (7.4 | ) |   |   | (12.5 | ) |   |   | 223.7 |   |
| Issuance      of common stock from exercise of warrants, including cashless      exercise                    |   |              | 689,925    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 13.9 |   |   |   | — |   |   |   | — |   |   |   | 13.9 |   |
| Issuance      of common stock from vested restricted stock                                                   |   |              | 87,625     |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Purchase      of treasury stock                                                                              |   |              | —    |   |                |   | — |                                       |   |   | 53,796  |   |   |   | (2.9 | ) |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (2.9 | ) |
| Purchase      of treasury stock in cashless exercise of stock warrants                                       |   |              | —    |   |                |   | — |                                       |   |   | 52,547  |   |   |   | (3.2 | ) |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (3.2 | ) |
| Foreign      currency translation adjustments                                                                |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (0.3 | ) |   |   | — |   |   |   | (0.3 | ) |
| Change      in fair value of interest rate swap contract                                                     |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (1.6 | ) |   |   |   |   |   |   | (1.6 | ) |
| Amortization      of stock-based      compensation expense for stock options and restricted      stock units |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | 12.5 |   |   |   | — |   |   |   | — |   |   |   | 12.5 |   |
| Tax      effect from issuance of restricted      stock                                                       |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | (0.1 | ) |   |   | — |   |   |   | — |   |   |   | (0.1 | ) |
| Shares      cancelled at conclusion of bankruptcy case                                                       |   |              | (862       | )      |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Net      income                                                                                              |   |              | —    |   |                |   | — |                                       |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 42.3 |   |   |   | 42.3 |   |
| Balance      at December 31, 2008                                                                       |   |              | 11,609,737 |   |                | $      | 0.1     |                                       |   |   | 251,436 |   |   | $ | (16.3 | ) |   | $ | 280.0 |   |   | $ | (9.3 | ) |   | $ | 29.8 |   |   | $ | 284.3 |   |

----

|                                                                                                    |   | Years      Ended December 31, |    |
|---------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                                                    |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Cash      flows provided by operating activities:                                                       |   |                               |    |   |   |   |   |   |   |
| Net      income                                                                                         |   | $                                  | 42.3    |   |   | $ | 13.8 |   |   | $ | 46.4 |   |
| Adjustments      to reconcile net income  to net cash provided by      operations:            |   |                               |    |   |   |   |   |   |   |   |   |   |
| Net      income from discontinued operations                                                            |   |                               | — |   |   |   | — |   |   |   | (3.0 | ) |
| Depreciation      and amortization                                                                      |   |                               | 48.3    |   |   |   | 47.5 |   |   |   | 47.2 |   |
| Provisions      for equipment impairment and asset abandonment                                          |   |                               | 2.7     |   |   |   | 2.2 |   |   |   | — |   |
| Gain      on reversal of foreign currency translation adjustments from liquidation      of subsidiaries |   |                               | — |   |   |   | (10.3 | ) |   |   | — |   |
| Non-cash      gain on settlement of liabilities                                                         |   |                               | — |   |   |   | — |   |   |   | (3.2 | ) |
| Provision      for bad debts                                                                            |   |                               | 0.7     |   |   |   | 0.5 |   |   |   | 0.5 |   |
| Non-cash      stock-based compensation expense                                                          |   |                               | 12.5    |   |   |   | 8.2 |   |   |   | 3.9 |   |
| Gain      on sale of data centers                                                                       |   |                               | — |   |   |   | — |   |   |   | (48.2 | ) |
| Gain      on leased asset termination                                                                   |   |                               | — |   |   |   | (0.4 | ) |   |   | (0.2 | ) |
| (Gain)      loss on sale or disposition of property and equipment, net                                  |   |                               | (0.9    | ) |   |   | 0.2 |   |   |   | 4.6 |   |
| Other                                                                                                   |   |                               | — |   |   |   | 0.1 |   |   |   | (1.4 | ) |
| Changes      in operating working capital:                                                              |   |                               |    |   |   |   |   |   |   |   |   |   |
| Accounts      receivable                                                                                |   |                               | (5.6    | ) |   |   | (0.8 | ) |   |   | (2.8 | ) |
| Prepaid      costs and other current assets                                                             |   |                               | 1.8     |   |   |   | (2.2 | ) |   |   | (0.1 | ) |
| Accounts      payable                                                                                   |   |                               | 6.5     |   |   |   | (6.7 | ) |   |   | 4.2 |   |
| Accrued      expenses                                                                                   |   |                               | 2.4     |   |   |   | 14.1 |   |   |   | 6.7 |   |
| Other      assets                                                                                       |   |                               | (0.3    | ) |   |   | (0.1 | ) |   |   | — |   |
| Deferred      revenue and other long-term liabilities                                                   |   |                               | 5.7     |   |   |   | 3.6 |   |   |   | (3.3 | ) |
| Net      cash provided by operating activities                                                          |   |                               | 116.1   |   |   |   | 69.7 |   |   |   | 51.3 |   |
| Cash      flows provided by (used in) investing activities:                                             |   |                               |    |   |   |   |   |   |   |   |   |   |
| Proceeds      from sales of property and equipment, principally data centers in      2006               |   |                               | 1.6     |   |   |   | 0.2 |   |   |   | 43.2 |   |
| Proceeds      from sale of discontinued operations                                                      |   |                               | — |   |   |   | 1.3 |   |   |   | 1.3 |   |
| Purchases      of property and equipment                                                                |   |                               | (117.2  | ) |   |   | (90.8 | ) |   |   | (71.7 | ) |
| Net      cash used in investing activities                                                              |   |                               | (115.6  | ) |   |   | (89.3 | ) |   |   | (27.2 | ) |
| Cash      flows provided by (used in) financing activities:                                             |   |                               |    |   |   |   |   |   |   |   |   |   |
| Proceeds      from note payable, net of financing costs                                                 |   |                               | 33.6    |   |   |   | — |   |   |   | — |   |
| Proceeds      from exercise of warrants                                                                 |   |                               | 10.7    |   |   |   | 1.1 |   |   |   | 0.2 |   |
| Excess      tax benefit realized from share-based payment arrangements                                  |   |                               | — |   |   |   | 2.8 |   |   |   | — |   |
| Change      in restricted cash and cash equivalents                                                     |   |                               | 1.4     |   |   |   | 0.5 |   |   |   | (1.1 | ) |
| Purchase      of treasury stock                                                                         |   |                               | (2.9    | ) |   |   | (9.7 | ) |   |   | — |   |
| Principal      payments - capital lease obligation                                                      |   |                               | (0.2    | ) |   |   | (0.1 | ) |   |   | (0.1 | ) |
| Net      cash provided by (used in) financing activities                                                |   |                               | 42.6    |   |   |   | (5.4 | ) |   |   | (1.0 | ) |
| Effect      of exchange rates on cash                                                                   |   |                               | (1.8    | ) |   |   | 0.1 |   |   |   | 0.5 |   |
| Net      cash provided by discontinued operations                                                       |   |                               | — |   |   |   | — |   |   |   | 1.2 |   |
| Net      increase (decrease) in cash and cash equivalents                                               |   |                               | 41.3    |   |   |   | (24.9 | ) |   |   | 24.8 |   |
| Cash      and cash equivalents, beginning of year                                                       |   |                               | 45.8    |   |   |   | 70.7 |   |   |   | 45.9 |   |
| Cash      and cash equivalents, end of year                                                             |   | $                                  | 87.1    |   |   | $ | 45.8 |   |   | $ | 70.7 |   |
|                                                                                                    |   |                               |    |   |   |   |   |   |   |   |   |   |
| Supplemental      cash flow information:                                                                |   |                               |    |   |   |   |   |   |   |   |   |   |
| Cash      paid for interest                                                                             |   | $                                  | 2.1     |   |   | $ | 0.1 |   |   | $ | 0.1 |   |
| Cash      paid for income taxes                                                                         |   | $                                  | 1.0     |   |   | $ | 1.5 |   |   | $ | — |   |
|                                                                                                    |   |                               |    |   |   |   |   |   |   |   |   |   |
| Non-cash      financing activity:                                                                       |   |                               |    |   |   |   |   |   |   |   |   |   |
| Non-cash      exercise of five year warrants at maturity                                                |   | $                                  | 3.2     |   |   | $ | — |   |   | $ | — |   |
| Non-cash      purchase of shares into treasury                                                          |   | $                                  | 3.2     |   |   | $ | — |   |   | $ | — |   |

----

|                                                                                            |   | Years      Ended December 31, |    |
|-------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                                            |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Net      income                                                                                 |   | $                                  | 42.3    |   |   | $ | 13.8 |   |   | $ | 46.4 |   |
| Change      in fair value of interest rate swap contract                                        |   |                               | (1.6    | ) |   |   | — |   |   |   | — |   |
| Foreign      currency translation adjustments                                                   |   |                               | (0.3    | ) |   |   | (0.1 | ) |   |   | 0.5 |   |
| Reversal      of foreign currency translation adjustments from liquidation of      subsidiaries |   |                               | — |   |   |   | (10.3 | ) |   |   | — |   |
| Comprehensive      income                                                                       |   | $                                  | 40.4    |   |   | $ | 3.4 |   |   | $ | 46.9 |   |

----

|   | · | Administrative      expense claims (post-petition claims relating to actual and necessary      costs of administering the bankruptcy estates and operating the business      of the Debtors), professional fee claims, senior indentured trustee fee      claims and priority tax claims were settled in cash.                                                                                                                                                                                                                                                                                    |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | · | Certain      secured claims were settled as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |   | 1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Class 1      (a) - secured claims received a note secured by substantially all of      the assets of the Company, |
|   |   | 2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Class 1      (b) - secured claims were issued 944,773 shares of common stock and      the right to purchase an allocated percentage of shares of common stock at      $29.9543 per share, |
|   |   | 3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Class 2      - other secured claims were issued 3,369,876 shares of common stock and      the right to purchase an allocated percentage of shares of common stock at      $29.9543 per share, |
|   |   | 4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Class 3      - secured tax claims were settled in cash, and |
|   |   | 5)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Class 4      - general secured claims were settled in cash. |
|   | · | Class 5      - other priority claims were settled in cash.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   | · | Unsecured      note holder claims and general unsecured claims of MFN were settled by the      issuance of 1,685,433 shares of common stock, the right to purchase an      allocated percentage of shares of common stock at $29.9543 per share, five      year stock warrants to purchase 709,459 shares of common stock at $20.00      per share (which expired September 8, 2008) and seven year stock      warrants to purchase 834,658 shares of common stock at $24.00 per share      (expiring September 8, 2010), and certain avoidance proceeds      collected by the Company. |
|   | · | Subsidiary      unsecured claims were settled by authorizing the issuance of 2,749,918      shares of common stock and the right to purchase an allocated percentage      of shares of common stock at $29.9543 per share.                                                                                                                                                                                                                                                                                                                                                                        |
|   | · | Convenience      claims were settled in cash.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

----

----

| Building      (except certain storage huts which are 20 years) |   | 37.5      years                                       |
|----------------------------------------------------------------|--------|-------------------------------------------------------|
|                                                           |   |                                                  |
| Network      infrastructure assets                             |   | 20      years                                         |
|                                                           |   |                                                  |
| Software      and computer equipment                           |   | 3      to 4 years                                     |
|                                                           |   |                                                  |
| Transmission      and IP equipment                             |   | 3      to 7 years                                     |
|                                                           |   |                                                  |
| Furniture,      fixtures and equipment                         |   | 3      to 10 years                                    |
|                                                           |   |                                                  |
| Leasehold      improvements                                    |   | Lesser      of estimated useful life or the leaseterm |

----

----

|                                                |   | Years      Ended December 31, |    |
|-----------------------------------------------------|--------|------------------------------------|---------|
|                                                |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Dividend      yield                                 |   |                               | — |   |   |   | — |   |   |   | — |   |
| Expected      volatility                            |   |                               | 80.00   | % |   |   | 80.00 | % |   |   | 80.00 | % |
| Risk-free      interest rate                        |   |                               | 2.96    | % |   |   | 4.61 | % |   |   | 4.89 | % |
| Expected      life (years)                          |   |                               | 5.00    |   |   |   | 5.00 |   |   |   | 5.00 |   |
| Weighted      average fair value of options granted |   | $                                  | 39.36   |   |   | $ | 41.77 |   |   | $ | 31.16 |   |

----

|                 |   |               |   | Weighted      Average Rate |
|----------------------|--------|--------------------|--------|----------------------------|
| Notional      Amount |   | Maturity      Date |   | Pay                        |   | Receive |
| $24                  |   | 2011               |   | 3.65%                      |   | 2.69% |
|                 |   |               |   |                       |   |   |
| $12                  |   | 2011               |   | 2.635%                     |   | 1.73% |

| Level      1: | Observable      inputs such as quoted prices for identical assets or liabilities in active      markets.                                                                                                                                                                                                                                                                                                                              |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Level      2: | Observable      inputs other than quoted prices that are directly or indirectly observable      for the asset or liability, including quoted prices for similar assets or      liabilities in active markets; quoted prices for similar or identical      assets or liabilities in markets that are not active; and model-derived      valuations whose inputs are observable or whose significant value drivers      are observable. |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Level      3: | Unobservable      inputs that reflect the reporting entity’s own  assumptions.                                                                                                                                                                                                                                                                                                                                                  |

----

----

|                                       |   | December 31, |    |
|--------------------------------------------|--------|-------------------|---------|
|                                       |   | 2008              |    |   | 2007 |   |
| Prepaid      property taxes                |   | $                 | 2.3     |   |   | $ | 2.1 |   |
| Prepaid      right-of-way charges          |   |              | 1.8     |   |   |   | 1.6 |   |
| Prepaid      insurance                     |   |              | 1.3     |   |   |   | 1.1 |   |
| Prepaid      maintenance                   |   |              | 1.0     |   |   |   | 1.3 |   |
| Prepaid      rent                          |   |              | 0.7     |   |   |   | 0.9 |   |
| State      and federal income tax deposits |   |              | 0.6     |   |   |   | 2.5 |   |
| Prepaid      telecom                       |   |              | 0.5     |   |   |   | 0.5 |   |
| Reimbursable      relocation               |   |              | 0.4     |   |   |   | — |   |
| Other      receivables                     |   |              | 0.7     |   |   |   | 0.7 |   |
| Other      prepaids                        |   |              | 0.5     |   |   |   | 0.6 |   |
| Property      tax refund receivable        |   |              | — |   |   |   | 0.5 |   |
| Total                                      |   | $                 | 9.8     |   |   | $ | 11.8 |   |

----

|                                                                 |   | December 31, |   |
|----------------------------------------------------------------------|--------|-------------------|--------|
|                                                                 |   | 2008              |   |   | 2007 |   |
| Buildings                                                            |   | $                 | 0.3    |   |   | $ | 0.3 |   |
| Leasehold      improvements                                          |   |              | 1.5    |   |   |   | 1.5 |   |
| Furniture,      fixtures and equipment                               |   |              | 24.5   |   |   |   | 21.1 |   |
| Network      infrastructure assets, including transmission equipment |   |              | 579.5  |   |   |   | 497.4 |   |
| Total      property and equipment                                    |   |              | 605.8  |   |   |   | 520.3 |   |
| Accumulated      depreciation and amortization                       |   |              | (207.4 | ) |   |   | (172.6 | ) |
| Property      and equipment, net                                     |   | $                 | 398.4  |   |   | $ | 347.7 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | December 31, |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2006              |   |
| Gain      on sale of U.S. domestic data      centers                                                                                                    |   | $                 | 48.2   |   |
| Gain      on sale of discontinued      operations                                                                                                       |   | 3.9               |   |
| Aggregate      gain on sale of data centers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $                 | 52.1   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | December 31, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 2008              |   |   | 2007 |   |
| Accrued      transaction taxes, including related      interest                                                                                                                 |   | $                 | 19.5   |   |   | $ | 21.1 |   |
| Accrued      payroll, bonuses and employee      benefits                                                                                                                        |   |              | 11.6   |   |   |   | 11.0 |   |
| Accrued      capital      expenditures                                                                                                                                          |   |              | 7.7    |   |   |   | 12.6 |   |
| Current      income taxes      payable                                                                                                                                          |   |              | 6.9    |   |   |   | 0.6 |   |
| Accrued      property      tax                                                                                                                                                  |   |              | 5.2    |   |   |   | 4.8 |   |
| Asset      retirement      obligations                                                                                                                                          |   |              | 3.9    |   |   |   | 3.3 |   |
| Accrued      conduit, right-of-way and occupancy      expenses                                                                                                                  |   |              | 3.0    |   |   |   | 4.3 |   |
| Accrued      telecommunication      costs                                                                                                                                       |   |              | 2.0    |   |   |   | 1.5 |   |
| Accrued      litigation      costs                                                                                                                                              |   |              | 1.2    |   |   |   | 10.9 |   |
| Current      portion of deferred fair market value rent      liability                                                                                                          |   |              | 1.2    |   |   |   | 1.5 |   |
| Accrued      repairs and      maintenance                                                                                                                                       |   |              | 0.9    |   |   |   | 2.4 |   |
| Accrued      accounting and auditing      fees                                                                                                                                  |   |              | 0.5    |   |   |   | 1.7 |   |
| Accrued      other professional fees, including directors’      fees                                                                                                      |   |              | 0.4    |   |   |   | 0.9 |   |
| Accrued      interest                                                                                                                                                           |   |              | 0.2    |   |   |   | — |   |
| Accrued      utilities                                                                                                                                                          |   |              | 0.2    |   |   |   | 0.3 |   |
| Capital      lease      obligation                                                                                                                                              |   |              | 0.1    |   |   |   | 0.1 |   |
| Other                                                                                                                                                                           |   |              | 1.4    |   |   |   | 1.3 |   |
| Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | $                 | 65.9   |   |   | $ | 78.3 |   |

|                            |   | Years      Ended December 31, |    |
|---------------------------------|--------|------------------------------------|---------|
|                            |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Current      - Federal          |   | $                                  | 5.7     |   |   | $ | 3.3 |   |   | $ | — |   |
| Current      - State            |   |                               | 2.6     |   |   |   | 1.2 |   |   |   | — |   |
| Current      - Foreign          |   |                               | — |   |   |   | — |   |   |   | — |   |
| Total      Income Tax Provision |   | $                                  | 8.3     |   |   | $ | 4.5 |   |   | $ | — |   |

|                                                      |   | December 31, |    |
|-----------------------------------------------------------|--------|-------------------|---------|
|                                                      |   | 2008              |    |   | 2007 |   |
| Deferred      Tax Assets:                                 |   |              |    |   |   |   |
| Property      and Equipment                               |   | $                 | 436.0   |   |   | $ | 519.0 |   |
| Net      Operating Loss (“NOL”) Carryforwards |   |              | 348.1   |   |   |   | 327.9 |   |
| Accruals      and Reserves                                |   |              | 8.8     |   |   |   | 7.0 |   |
| Rent                                                      |   |              | 1.2     |   |   |   | 1.6 |   |
| Deferred      Compensation                                |   |              | 9.3     |   |   |   | 6.2 |   |
| Other                                                     |   |              | 8.0     |   |   |   | 40.7 |   |
| Total      Deferred Tax Assets                            |   |              | 811.4   |   |   |   | 902.4 |   |
| Valuation      Allowance                                  |   |              | (718.1  | ) |   |   | (800.9 | ) |
| Net      Deferred Tax Assets                              |   |              | 93.3    |   |   |   | 101.5 |   |
| Deferred      Tax Liability: Deferred Revenue             |   |              | (93.3   | ) |   |   | (101.5 | ) |
| Total                                                     |   | $                 | — |   |   | $ | — |   |

|                                                        |   | Years      Ended December 31, |   |
|-------------------------------------------------------------|--------|------------------------------------|--------|
|                                                        |   | 2008                               |   |   | 2007 |   |   | 2006 |   |
| Income      from continuing operations before income taxes: |   |                               |   |   |   |   |   |   |   |
| Domestic                                                    |   | $                                  | 50.7   |   |   | $ | 18.4 |   |   | $ | 41.0 |   |
| Foreign                                                     |   |                               | (0.1   | ) |   |   | (0.1 | ) |   |   | 2.4 |   |
| Total                                                       |   | $                                  | 50.6   |   |   | $ | 18.3 |   |   | $ | 43.4 |   |
| Rate      Reconciliation:                                   |   |                               |   |   |   |   |   |   |   |   |   |   |
| Tax      at statutory rate                                  |   |                               | 35.0   | % |   |   | 35.0 | % |   |   | 35.0 | % |
| State      income tax, net of federal benefit               |   |                               | 4.0    | % |   |   | 4.1 | % |   |   | — | % |
| Valuation      allowance                                    |   |                               | (21.3  | )% |   |   | (15.8 | )% |   |   | (35.5 | )% |
| Permanent      items                                        |   |                               | (1.3   | )% |   |   | 1.3 | % |   |   | 0.5 | % |
| Tax      provision                                          |   |                               | 16.4   | % |   |   | 24.6 | % |   |   | — | % |

----

| Revenue                                                   |   | $      | 1.0  |   |
|-----------------------------------------------------------|--------|--------|------|--------|
| Costs      of revenue                                     |   |   | 0.7  |   |
| Selling,      general and administrative expenses         |   |   | 0.9  |   |
| Operating      loss                                       |   |   | (0.6 | )      |
| Other      expense                                        |   |   | (0.3 | )      |
| Loss      from discontinued operations before disposition |   |   | (0.9 | )      |
| Gain      on disposition of discontinued operations       |   |   | 3.9  |   |
| Income      from discontinued operations                  |   | $      | 3.0  |   |

----

| Year                                      |   | Amount |   |
|-------------------------------------------|--------|--------|--------|
| 2009                                      |   | $      | 3.2    |   |
| 2010                                      |   |   | 4.4    |   |
| 2011                                      |   |   | 4.3    |   |
| 2012                                      |   |   | 5.4    |   |
| 2013                                      |   |   | 18.7   |   |
|                                      |   |   | 36.0   |   |
| Less      current portion of note payable |   |   | (3.2   | ) |
|                                      |   | $      | 32.8   |   |

| Year                                    |   | Amount |   |
|-----------------------------------------|--------|--------|--------|
| 2009                                    |   | $      | 0.2    |   |
| 2010                                    |   |   | 0.3    |   |
| 2011                                    |   |   | 0.2    |   |
| 2012                                    |   |   | 0.3    |   |
| 2013                                    |   |   | 0.2    |   |
| Thereafter                              |   |   | 1.0    |   |
| Total      minimum lease payments       |   |   | 2.2    |   |
| Less:      amount representing interest |   |   | (0.6   | ) |
| Obligation      under capital lease     |   |   | 1.6    |   |
| Less:      current portion              |   |   | (0.1   | ) |
| Total      long-term obligation         |   | $      | 1.5    |   |

----

----

|                                                                                   |   | Five      yearStock      Warrants |     |   | Seven      yearStock      Warrants |   |    | Weighted      Average WarrantExercise      Price |   |
|----------------------------------------------------------------------------------------|--------|-----------------------------------|----------|--------|------------------------------------|--------|---------|--------------------------------------------------|--------|
| Balance      as of January 1, 2006                                                     |   |                              | 705,512  |   |                               |   | 832,275 |                                             |   | $ | 22.16 |   |
| Exercised                                                                              |   |                              | (2,765   | )      |                               |   | (4,180  | )                                                |   | $ | 22.41 |   |
| Balance      as of December 31, 2006                                              |   |                              | 702,747  |   |                               |   | 828,095 |                                             |   | $ | 22.16 |   |
| Exercised                                                                              |   |                              | (26,407  | )      |                               |   | (22,534 | )                                                |   | $ | 21.84 |   |
| Balance      as of December 31, 2007                                              |   |                              | 676,340  |   |                               |   | 805,561 |                                             |   | $ | 22.17 |   |
| Exercised                                                                              |   |                              | (517,042 | )      |                               |   | (13,620 | )                                                |   | $ | 20.10 |   |
| Deemed      exercised under the Net Exercise provisions of the Warrant      Agreements |   |                              | (159,263 | )*     |                               |   | — |                                             |   | $ | 20.00 |   |
| Cancelled      in connection with conclusion of the bankruptcy case                    |   |                              | (10      | )      |                               |   | (12     | )                                                |   | $ | 22.18 |   |
| Cancelled      in accordance with instructions from the warrant holders                |   |                              | (25      | )      |                               |   | — |                                             |   | $ | 20.00 |   |
| Balance      as of December 31, 2008                                              |   |                              | —  |   |                               |   | 791,929 |                                             |   | $ | 24.00 |   |

----

|                                                                                                                                          |   | Number      Outstanding |    |   | Weighted      AverageExercise      PricePer      Share |   |   | Aggregate      IntrinsicValue |   |   | Weighted      Average Grant DateFair      ValuePer      Share |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|---------|--------|--------------------------------------------------------|--------|--------|-------------------------------|--------|--------|---------------------------------------------------------------|--------|
| Balance      as of January 1, 2006                                                                                   |   |                    | 525,420 |   |                                                   | $      | 25.54  |                          |   |   |                                                          |   | $ | 15.98 |   |
| Granted                                   |   |                    | 26,800  |   |                                                   | $      | 46.31  |                          |   |   |                                                          |   | $ | 31.16 |   |
| Forfeited                                                                                             |   |                    | (74,703 | )      |                                                   | $      | 27.40  |                          |   |   |                                                          |   | $ | 17.17 |   |
| Balance      as of December 31,      2006                                                   |   |                    | 477,517 |   |                                                   | $      | 26.41  |                          |   |   |                                                          |   | $ | 16.65 |   |
| Granted                                                                                               |   |                    | 21,325  |   |                                                   | $      | 62.26  |                          |   |   |                                                          |   | $ | 41.77 |   |
| Forfeited                                                                              |   |                    | (26,895 | )      |                                                   | $      | 36.10  |                          |   |   |                                                          |   | $ | 23.45 |   |
| Balance      as of December 31, 2007                                                                                 |   |                    | 471,947 |   |                                                   | $      | 27.48  |                          |   |   |                                                          |   | $ | 17.40 |   |
| Granted                                                                           |   |                    | 5,000   |   |                                                   | $      | 60.00  |                          |   |   |                                                          |   | $ | 39.36 |   |
| Forfeited                                                                                                       |   |                    | (5,896  | )      |                                                   | $      | 39.45  |                          |   |   |                                                          |   | $ | 25.53 |   |
| Balance      as of December 31,      2008                                         |   |                    | 471,051 |   |                                                   | $      | 27.68  |                          |   | $      | 2.3                                                           |   |   | $ | 17.53 |   |
| Vested      as of December 31,      2008                 |   |                    | 466,051 |   |                                                   | $      | 27.33  |                          |   |   |                                                          |   |   | $ | 17.29 |   |
| Exercisable      as of December 31, 2008                                                                                                 |   |                    | 310,485 |   |                                                   | $      | 21.63  |                          |   | $      | 2.3                                                           |   |   | $ | 14.03 |   |

|                                                                                                                         |   | Number      of Optionsto      Purchase CommonStock      Vested |    |   | Total      Grant Date FairValue      of Vested Options |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------|---------|--------|--------------------------------------------------------|--------|
| 2008                     |   |                                                           | 466,051 |   |                                                   | $      | 8.1 |   |
| 2007                     |   |                                                           | 434,478 |   |                                                   | $      | 7.1 |   |
| 2006                     |   |                                                           | 372,419 |   |                                                   | $      | 5.7 |   |

----

|                                          |   | NumberOutstanding |    |   | Weighted      AverageFair      ValuePer      Share |   |
|-----------------------------------------------|--------|-------------------|---------|--------|----------------------------------------------------|--------|
| Unvested      options, January 1, 2008   |   |              | 37,469  |   |                                               | $      | 28.88 |   |
| Granted                                       |   |              | 5,000   |   |                                               | $      | 39.36 |   |
| Forfeited                                     |   |              | (1,465  | )      |                                               | $      | 38.01 |   |
| Vested                                        |   |              | (36,004 | )      |                                               | $      | 28.51 |   |
| Unvested      options, December 31, 2008 |   |              | 5,000   |   |                                               | $      | 39.36 |   |

| Exercise      Prices |                 |   | Options      Outstanding |    |    | Weighted      Average Remaining Contractual Life (Years) |   |   | Weighted      Average Exercise PricePer      Share of Options Outstanding |   |   | OptionsExercisable |   |   | Weighted      Average Remaining Contractual Life (Years) |    |    | Weighted      Average Exercise PricePer      Share of Exercisable Options |   |
|----------------------|----------------------|--------|--------------------------|---------|---------|----------------------------------------------------------|--------|--------|---------------------------------------------------------------------------|--------|--------|--------------------|--------|--------|----------------------------------------------------------|---------|---------|---------------------------------------------------------------------------|--------|
|                 | $20.95               |   |                     |    | 257,985 |                                                     |   |   | 4.7                                                                       |   |   | $                  | 20.95  |   |                                                     |    | 257,985 |                                                                      |   |   | 4.7 |   |   | $ | 20.95 |   |
|                 | $25.00               |   |                     |    | 52,500  |                                                     |   |   | 6.7                                                                       |   |   | $                  | 25.00  |   |                                                     |    | 52,500  |                                                                      |   |   | 6.7 |   |   | $ | 25.00 |   |
|                 | $30.00      - $39.99 |   |                     |    | 111,241 |                                                     |   |   | 5.6                                                                       |   |   | $                  | 33.64  |   |                                                     |    | 111,241 |                                                                      |   |   | 5.6 |   |   | $ | 33.64 |   |
|                 | $40.00      - $49.99 |   |                     |    | 22,050  |                                                     |   |   | 6.3                                                                       |   |   | $                  | 44.94  |   |                                                     |    | 22,050  |                                                                      |   |   | 6.3 |   |   | $ | 44.94 |   |
|                 | $50.00      - $59.99 |   |                     |    | 15,375  |                                                     |   |   | 7.9                                                                       |   |   | $                  | 55.80  |   |                                                     |    | 15,375  |                                                                      |   |   | 7.9 |   |   | $ | 55.80 |   |
|                 | $60.00               |   |                     |    | 5,000   |                                                     |   |   | 9.7                                                                       |   |   | $                  | 60.00  |   |                                                     |    | — |                                                                      |   |   | 9.7 |   |   |   | — |   |
|                 | $73.00               |   |                     |    | 6,900   |                                                     |   |   | 8.6                                                                       |   |   | $                  | 73.00  |   |                                                     |    | 6,900   |                                                                      |   |   | 8.6 |   |   | $ | 73.00 |   |
| Total                |                 |   |                     | 471,051 |    |                                                     |   | 5.4    |                                                                      |   | $      | 27.68              |   |   |                                                     | 466,051 |    |                                                                      |   | 5.4 |   |   | $ | 27.33 |   |

----

|                                                                                                                                                                                                                   |   | Number      ofRestrictedStock      Units |     |   | Weighted      AverageGrant      Date FairMarket      Value |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|----------|--------|------------------------------------------------------------|--------|
| Balance      as of January 1,      2006                                                                                                                              |   |                                     | 355,594  |   |                                                       | $      | 24.66 |   |
| Granted                                                                                                                                     |   |                                     | 32,000   |   |                                                       | $      | 48.50 |   |
| Balance      as of December 31,      2006                                                                                                        |   |                                     | 387,594  |   |                                                       | $      | 26.62 |   |
| Granted                                                                                                                                          |   |                                     | 161,500  |   |                                                       | $      | 82.67 |   |
| Issued                                                                                                                       |   |                                     | (310,719 | )      |                                                       | $      | 24.05 |   |
| Forfeited                                                                                                                              |   |                                     | (8,500   | )      |                                                       | $      | 44.50 |   |
| Balance      as of December 31,      2007                             |   |                                     | 229,875  |   |                                                       | $      | 68.83 |   |
| Granted                                                                                                                                                                                            |   |                                     | 372,100  |   |                                                       | $      | 57.98 |   |
| Issued                                                                                                                                                               |   |                                     | (87,625  | )      |                                                       | $      | 50.14 |   |
| Forfeited                                                                                                                                                  |   |                                     | (6,000   | )      |                                                       | $      | 83.00 |   |
| Balance      as of December 31,      2008                                                                                              |   |                                     | 508,350  |   |                                                       | $      | 63.30 |   |

|                                                              |   | Years      Ended December 31, |    |
|-------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                              |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Gain      on settlement or reversal of liabilities                |   | $                                  | 2.8     |  (1) |   | $ | 2.2 |  (2) |   | $ | 3.2 |  (3) |
| Gain      on legal settlement                                     |   |                               | — |   |   |   | 0.6 |   |   |   | — |   |
| Recovery      of occupancy taxes previously paid                  |   |                               | — |   |   |   | 0.5 |   |   |   | — |   |
| (Loss)      gain on foreign currency                              |   |                               | (6.5    | ) |   |   | 0.3 |   |   |   | 2.0 |   |
| Gain      (loss) on sale or disposition of property and equipment |   |                               | 0.9     |   |   |   | (0.5 | ) |   |   | (4.6 | ) |
| Gain      on leased asset termination                             |   |                               | — |   |   |   | 0.3 |   |   |   | 0.2 |   |
| Other                                                             |   |                               | 0.4     |   |   |   | 0.4 |   |   |   | 1.3 |   |
| Total                                                             |   | $                                  | (2.4    | ) |   | $ | 3.8 |   |   | $ | 2.1 |   |

| (1)  | Represents      the reversal of certain transaction tax liabilities resulting primarily      from the expiration of its statute of  limitations. |
|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)  | Represents      the reversal of certain transaction tax liabilities resulting primarily      from settlements with certain taxing  authorities. |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)  | Represents      the reversal of certain tax liabilities resulting from either a favorable      ruling from a jurisdiction determining the Company was not subject to      certain transaction related taxes accrued in prior years, or the      determination by the Company with respect to certain other jurisdictions      that taxes accrued in prior years did not apply to the Company’s      operations. |
|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2009                                                                                                                                                                                                                                             |   | $    | 40.6   |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------|--------|--------|
| 2010                                                                                                                                                                                                                                                                                                                                                                               |   | 30.4 |   |
| 2011                                                                                                                                                                                                                                                                                                                                                                               |   | 24.4 |   |
| 2012                                                                   |   | 19.7 |   |
| 2013                                                                   |   | 16.6 |   |
| Thereafter                                                             |   | 88.1 |   |
| Total                                                                                                                                                                                                                                                                                                                                                                              |   | $    | 219.8  |   |

----

----

----

|                                                                                                                                                                                                                                                                                                                                                                  |   | Years      Ended December 31, |    |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                  |   | 2008                               |    |   | 2007 |   |   | 2006 |   |
| Revenue                                                                            |   |                               |    |   |   |   |   |   |   |
| United      States                                                                                                                                                                                                                                                                                                                                                    |   | $                                  | 288.5   |   |   | $ | 227.8 |   |   | $ | 217.6 |   |
| United      Kingdom                                                                                                                                                                                                                                                                                                                                                   |   |                               | 36.1    |   |   |   | 29.4 |   |   |   | 20.3 |   |
| Other                                                                                                                                                                                                                                                                                                                                                                 |   |                               | — |   |   |   | — |   |   |   | 0.5 |   |
| Eliminations                                                                                                                                                                                                                                                                                                                                                          |   |                               | (4.7    | ) |   |   | (3.6 | ) |   |   | (1.7 | ) |
| Consolidated      Worldwide                                                        |   | $                                  | 319.9   |   |   | $ | 253.6 |   |   | $ | 236.7 |   |

|                                                                                                                                                                                                                                                                                                                                                                  |   | December 31, |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                  |   | 2008              |   |   | 2007 |   |
| Long-lived      assets                                                             |   |              |   |   |   |   |
| United      States                                                                                                                                                                                                                                                                                                                                                    |   | $                 | 374.5  |   |   | $ | 317.3 |   |
| United      Kingdom                                                                                                                                                                                                                                                                                                                                                   |   |              | 23.8   |   |   |   | 30.3 |   |
| Other                                                                                                                                                                                                                                                                                                                                                                 |   |              | 0.1    |   |   |   | 0.1 |   |
| Consolidated      Worldwide                                                        |   | $                 | 398.4  |   |   | $ | 347.7 |   |

----

|                                              |    | 2008 Quarter    Ended |       |
|---------------------------------------------------|--------------|-----------------------|------------|
|                                              |    | March 31         |       | June 30 |   | September 30 |   | December 31 |
| Revenue                                           |    | $                     | 70.9       |   |   | $ | 77.1 |   |   | $ | 82.1 |   |   | $ | 89.8 |   |
| Costs of      revenue                             |    |                  | 30.8       |   |   |   | 31.6 |   |   |   | 32.1 | (3)       (4) |   |   | 31.5 |   |
| Selling, general and      administrative expenses |    |                  | 24.8       | (1) |   |   | 21.1 | (2) |   |   | 22.9 | (5) |   |   | 21.7 |   |
| Depreciation and      amortization                |    |                  | 12.6       |   |   |   | 12.2 |   |   |   | 12.2 |   |   |   | 11.3 | (6) |
| Operating      income                             |         |                  | 2.7        |   |   |   | 12.2 |   |   |   | 14.9 |   |   |   | 25.3 |   |
| Other income      (expense):                      |         |                  |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest    income                                |         |                  | 0.5        |   |   |   | 0.4 |   |   |   | 0.5 |   |   |   | 0.4 |   |
| Interest      expense                             |         |                  | (0.7       | ) |   |   | (0.9 | ) |   |   | (1.1 | ) |   |   | (1.2 | ) |
| Other income (expense),      net                  |         |                  | 1.5        |   |   |   | — |   |   |   | (2.0 | ) |   |   | (1.9 | ) |
| Income before income      taxes                   |         |                  | 4.0        |   |   |   | 11.7 |   |   |   | 12.3 |   |   |   | 22.6 |   |
| Provision for income      taxes                   |    |                  | 0.6        |   |   |   | 0.5 |   |   |   | 1.9 |   |   |   | 5.3 |   |
| Net income                                        |    | $                     | 3.4        |   |   | $ | 11.2 |   |   | $ | 10.4 |   |   | $ | 17.3 |   |
|                                              |         |                  |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic income per share                            |    | $                     | 0.32       |   |   | $ | 1.04 |   |   | $ | 0.94 |   |   | $ | 1.51 |   |
| Weighted average number of common      shares     |    |                  | 10,722,975 |   |   |   | 10,741,312 |   |   |   | 11,034,257 |   |   |   | 11,468,717 |   |
|                                              |         |                  |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted income per share                          |    | $                     | 0.28       |   |   | $ | 0.92 |   |   | $ | 0.85 |   |   | $ | 1.41 |   |
| Weighted average number of common      shares     |         |                  | 12,238,498 |   |   |   | 12,145,195 |   |   |   | 12,232,615 |   |   |   | 12,302,492 |   |

| Quarter ended March 31,      2008     |   | $ | 0.3 |   |
|---------------------------------------|--------|---|-----|--------|
| Quarter ended June 30,      2008      |   | $ | 2.0 |   |
| Quarter ended September 30,      2008 |   | $ | 4.4 |   |
| Quarter ended December 31,      2008  |   | $ | 8.7 |   |

| (1) | Included in selling, general and      administrative expenses in the three months ended March 31, 2008 was      non-cash compensation expense of $0.7 associated with the modification of      a certain stock option agreement, non-cash compensation of $0.5 associated      with the acceleration of the vesting of options granted to Mr. Doris and      $0.7 of severance related expenses associated with the modification and      termination of his employment agreement. (See Note 15, “Employment      Contract Termination.”) |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Included in selling, general and      administrative expenses in the three months ended June 30, 2008 was      non-cash compensation expense of $0.8 associated with the repurchase      of shares in excess of minimum tax withholding      requirements. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Includes      a charge for lease termination of$0.7. |
|-----|------------------------------------------------------|

| (4) | Includes      the reversal of certain right-of-way obligations, which were reduced      pursuant to a negotiated settlement totaling  $0.5. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Included in selling, general and      administrative expenses in the three months ended September 30, 2008 was      an impairment charge of $2.3 with respect to the abandonment of an      information technologyplatform. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Depreciation expense decreased in      the three months ended December 31, 2008 compared to the three months      ended September 30, 2008 because certain assets, principally inventory,      became fully depreciated in the three months ended September 30,      2008. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                                 |    | 2007 Quarter    Ended |       |
|------------------------------------------------------------------------------------------------------|--------------|-----------------------|------------|
|                                                                                                 |    | March 31         |       | June 30 |   | September 30 |   | December 31 |
| Revenue                                                                                              |    | $                     | 57.5       |   |   | $ | 61.3 |   |   | $ | 67.3 |   |   | $ | 67.5 |   |
| Costs of      revenue                                                                                |    |                  | 24.7       |   |   |   | 25.8 |   |   |   | 27.9 | (*) |   |   | 31.9 |   |
| Selling, general and      administrative expenses                                                    |    |                  | 19.7       |   |   |   | 18.3 |   |   |   | 22.6 |   |   |   | 20.3 |   |
| Depreciation and      amortization                                                                   |    |                  | 11.5       |   |   |   | 12.0 |   |   |   | 12.0 |   |   |   | 12.0 |   |
| Loss on      litigation                                                                              |         |                  | —    |   |   |   | — |   |   |   | — |   |   |   | 11.7 |   |
| Operating income    (loss)                                                                           |    |                  | 1.6        |   |   |   | 5.2 |   |   |   | 4.8 |   |   |   | (8.4 | ) |
| Other income      (expense):                                                                         |         |                  |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain on reversal of foreign      currency translation adjustment from liquidation of      subsidiary |         |                  | —    |   |   |   | — |   |   |   | — |   |   |   | 10.3 |   |
| Interest    income                                                                                   |         |                  | 0.9        |   |   |   | 0.8 |   |   |   | 0.8 |   |   |   | 0.8 |   |
| Interest      expense                                                                                |         |                  | (0.6       | ) |   |   | (0.6 | ) |   |   | (0.5 | ) |   |   | (0.6 | ) |
| Other income (expense),      net                                                                     |         |                  | 1.6        |   |   |   | (0.1 | ) |   |   | 1.4 |   |   |   | 0.9 |   |
| Income before income      taxes                                                                      |         |                  | 3.5        |   |   |   | 5.3 |   |   |   | 6.5 |   |   |   | 3.0 |   |
| Provision for income      taxes                                                                      |    |                  | 0.8        |   |   |   | 1.3 |   |   |   | 1.5 |   |   |   | 0.9 |   |
| Net income                                                                                           |    | $                     | 2.7        |   |   | $ | 4.0 |   |   | $ | 5.0 |   |   | $ | 2.1 |   |
|                                                                                                 |         |                  |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic income per share                                                                               |    | $                     | 0.25       |   |   | $ | 0.38 |   |   | $ | 0.46 |   |   | $ | 0.19 |   |
| Weighted average number of common      shares                                                        |    |                  | 10,706,576 |   |   |   | 10,723,801 |   |   |   | 10,759,052 |   |   |   | 10,808,528 |   |
|                                                                                                 |         |                  |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted income per share                                                                             |    | $                     | 0.22       |   |   | $ | 0.34 |   |   | $ | 0.41 |   |   | $ | 0.16 |   |
| Weighted average number of common      shares                                                        |         |                  | 11,994,061 |   |   |   | 12,036,781 |   |   |   | 12,213,649 |   |   |   | 12,377,018 |   |

| (*) |    Includes provision      for equipment impairment of$2.2. |
|-----|-----------------------------------------------------------------------|

| Quarter ended March 31,      2007     |   | $ | 0.6 |   |
|---------------------------------------|--------|---|-----|--------|
| Quarter ended June 30,      2007      |   | $ | 1.5 |   |
| Quarter ended September 30,      2007 |   | $ | 5.6 |   |
| Quarter ended December 31,      2007  |   | $ | 0.8 |   |

----

----

| /s/     BDO      Seidman, LLP |
|--------------------------------------------------------|
|                                                   |
| New      York, NY                                      |
| March      13, 2009                                    |

----

----

| Name                      |   | Age    |   | Position                                                                                     |
|---------------------------|--------|--------|--------|----------------------------------------------------------------------------------------------|
| William      G. LaPerch   |   | 53     |   | President      and Chief Executive Officer, and Director                                     |
| Robert      Sokota        |   | 45     |   | Senior      Vice President, General Counsel, Chief Administrative Officer and      Secretary |
| Rajiv      Datta          |   | 38     |   | Senior      Vice President and Chief Technology Officer                                      |
| John      Jacquay         |   | 56     |   | Senior      Vice President, Sales and Marketing                                              |
| Douglas      Jendras      |   | 41     |   | Senior      Vice President, Operations                                                       |
| Joseph      P. Ciavarella |   | 53     |   | Senior      Vice President and Chief Financial Officer                                       |
|                      |   |   |   |                                                                                         |

----

----

----

|   | (1) | our      steadily improving performance in recent years, which we believe has and      will result in increased value to our  shareholders; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | the      significant experience and industry knowledge of our named executive      officers and the demonstrated quality and effectiveness of their      leadership; and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | a      significant portion of the overall 2008 compensation was represented by      variable, performance-basedpay. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

|   | · | evaluating      employee performance; |
|--------|--------|---------------------------------------|

|   | · | providing      information to the Compensation Committee related to compensation to our      employees; |
|--------|--------|---------------------------------------------------------------------------------------------------------|

|   | · | providing      input regarding the accounting, tax and legal impact of our compensation      policies; |
|--------|--------|--------------------------------------------------------------------------------------------------------|

|   | · | recommending      business performance targets and objectives;and |
|--------|--------|-------------------------------------------------------------------|

|   | · | recommending      salary levels, bonus amounts and equityawards. |
|--------|--------|------------------------------------------------------------------|

|   | · | background      information regarding ourobjectives; |
|--------|--------|------------------------------------------------------|

|   | · | his      evaluation of the performance of our employees;  and |
|--------|--------|---------------------------------------------------------------|

|   | · | compensation      recommendations for our employees. |
|--------|--------|------------------------------------------------------|

----

|   | ● | without      “cause” (as defined therein) by the Company or for “good reason” (as      defined therein) by the named executive officer, the named executive      officer will be entitled to one year’s base salary, any accrued but unpaid      base salary, earned but unpaid bonus, a pro-rated bonus for the year of      termination (assuming 100% of the target is achieved), accrued paid time      off and one year’s continuation of health and welfare      benefits; |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ● | upon      “disability” (as defined therein) or death, the named executive officer or      his beneficiaries will be entitled to any accrued but unpaid base salary,      earned but unpaid bonus, pro rated bonus for the year of termination      (assuming 100% of the target is achieved), and accrued paid time off ;      or |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ● | for      cause by the Company or without good reason by the named executive      officer, the named executive officer will be entitled to any accrued but      unpaid base salary, accrued paid time off and any accrued benefits under      the Company’s health and welfareplans. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name                    |   | From     |   | To       |
|-------------------------|--------|----------|--------|----------|
| William      J. LaPerch |   | $500,000 |   | $550,000 |
| John      Jacquay       |   | $290,000 |   | $300,000 |
| Rajiv      Datta        |   | $282,150 |   | $290,000 |
| Douglas      Jendras    |   | $263,145 |   | $280,000 |

| Name                      |   | Bonus    |   |
|---------------------------|--------|----------|--------|
| William      G. LaPerch   |   | $275,000 |   |
| Robert      Sokota        |   | $225,000 |   |
| John      Jacquay         |   | $350,000 |   |
| Rajiv      Datta          |   | $225,000 |   |
| Douglas      Jendras      |   | $225,000 |   |
| Joseph      P. Ciavarella |   | $125,000 |   |

----

----

----

| Name      and Principal Position     |   | Year   |   |   | Salary($) |    |   | Bonus($) |   |    | Stock Awards      ($)      (1)      (2) |   |   | Option      Awards ($) (3) |   |   | Non-Equity      IncentivePlan      Compensation |    |   | Changes      in Pension Valueand      Nonqualified Deferred Compensation Earnings |   |    | All      Other Compensation ($) |   |   | Total($) |   |
|--------------------------------------|--------|--------|--------|--------|-----------|---------|--------|----------|--------|---------|----------------------------------------------|--------|--------|----------------------------|--------|--------|-------------------------------------------------|---------|--------|-----------------------------------------------------------------------------------|--------|---------|---------------------------------|--------|--------|----------|--------|
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |
| William      G. LaPerch,             |   | 2008   |   |   | $         | 516,667 |   |     | $      | 275,000 |                                         |   | $      | 1,225,000                  |   |   | $                                               | — |   |                                                                              | $      | — |                            |   | $      | —  |   |   | $ | 21,961 | (4) |   | $ | 2,038,628 |   |
| President      and                   |   | 2007   |   |   |      | 500,000 |   |     |   | 225,000 |                                         |   |   | 831,240                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 19,717 | (12) |   |   | 1,575,957 |   |
| Chief      Executive Officer         |   | 2006   |   |   |      | 500,000 |   |     |   | 265,000 |                                         |   |   | 209,500                    |   |   |                                            | 20,415  |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 18,777 | (19) |   |   | 1,013,692 |   |
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Michael      A. Doris,               |   | 2008   |   |   |      | 67,585  |   |     |   | 26,230  |                                         |   |   | 481,250                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 694,888 | (5) |   |   | 1,269,953 |   |
| Former      Senior Vice President    |   | 2007   |   |   |      | 327,200 |   |     |   | 150,000 |                                         |   |   | 461,968                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 17,981 | (13) |   |   | 957,149 |   |
| and      Chief Financial Officer (6) |   | 2006   |   |   |      | 318,867 |   |     |   | 125,000 |                                         |   |   | 172,301                    |   |   |                                            | 16,842  |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 17,678 | (20) |   |   | 650,688 |   |
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Joseph      P. Ciavarella            |   | 2008   |   |   |      | 58,557  |   |     |   | 175,000 |                                         |   |   | 65,520                     |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 577,371 | (7) |   |   | 876,448 |   |
| Senior      Vice President           |   | 2007   |   |   |      | — |   |     |   | — |                                         |   |   | —                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | — | (14) |   |   | — |   |
| and      Chief Financial Officer     |   | 2006   |   |   |      | — |   |     |   | — |                                         |   |   | —                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | — |   |   |   | — |   |
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Robert      Sokota,                  |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Senior      Vice President,          |   | 2008   |   |   |      | 315,000 |   |     |   | 225,000 |                                         |   |   | 665,000                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 17,207 | (8) |   |   | 1,222,207 |   |
| General  Counsel,          |   | 2007   |   |   |      | 315,000 |   |     |   | 175,000 |                                         |   |   | 461,968                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 17,023 | (15) |   |   | 968,991 |   |
| Chief      Administrative Officer    |   | 2006   |   |   |      | 315,000 |   |     |   | 130,000 |                                         |   |   | 172,301                    |   |   |                                            | 16,842  |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 16,435 | (21) |   |   | 650,578 |   |
| and      Secretary                   |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| John      Jacquay                    |   | 2008   |   |   |      | 293,333 |   |     |   | 350,000 |                                         |   |   | 794,125                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 17,305 | (9) |   |   | 1,454,763 |   |
| Senior      Vice President,          |   | 2007   |   |   |      | 290,000 |   |     |   | 375,000 |                                         |   |   | 653,650                    |   |   |                                            | 82,221  |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 18,137 | (16) |   |   | 1,419,008 |   |
| Sales      & Marketing           |   | 2006   |   |   |      | 287,500 |   |     |   | 275,000 |                                         |   |   | 309,900                    |   |   |                                            | 150,022 |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 18,085 | (22) |   |   | 1,040,507 |   |
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Rajiv      Datta                     |   | 2008   |   |   |      | 284,767 |   |     |   | 225,000 |                                         |   |   | 689,859                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 17,758 | (10) |   |   | 1,217,384 |   |
| Senior      Vice President           |   | 2007   |   |   |      | 277,875 |   |     |   | 175,000 |                                         |   |   | 505,038                    |   |   |                                            | 6,073   |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 16,912 | (17) |   |   | 980,898 |   |
| Chief      Technology Officer        |   | 2006   |   |   |      | 254,000 |   |     |   | 160,000 |                                         |   |   | 183,290                    |   |   |                                            | 24,419  |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 15,455 | (23) |   |   | 637,164 |   |
|                                 |   |   |   |   |      |    |   |     |   |    |                                         |   |   |                       |   |   |                                            |    |   |                                                                              |   |    |                            |   |   |     |   |   |   |   |   |   |   |   |   |   |
| Douglas      Jendras                 |   | 2008   |   |   |      | 268,763 |   |     |   | 225,000 |                                         |   |   | 698,145                    |   |   |                                            | — |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 19,632 | (11) |   |   | 1,211,540 |   |
| Senior      Vice President,          |   | 2007   |   |   |      | 260,662 |   |     |   | 175,000 |                                         |   |   | 480,492                    |   |   |                                            | 6,073   |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 16,831 | (18) |   |   | 939,058 |   |
| Operations                           |   | 2006   |   |   |      | 246,250 |   |     |   | 130,000 |                                         |   |   | 157,040                    |   |   |                                            | 24,419  |   |                                                                              |   | — |                            |   |   | —  |   |   |   | 15,350 | (24) |   |   | 573,059 |   |

| (1)   | Restricted      stock units were granted on August 7, 2007 to Mr. LaPerch (20,000) and      Messrs. Doris, Sokota, Jacquay, Datta and Jendras (10,000 each). These      restricted stock units, other than those granted to Mr. Doris, vested on      August 7, 2008.  Those granted to Mr. Doris vested on March 4,      2008 upon the termination of his employment in accordance with the terms      of the grant.  These amounts do not reflect actual value      realized by the recipient.  In accordance with SEC rules, this      column represents the dollar amount recognized by the Company for      financial statement reporting purposes for the year ended December 31,      2007 for stock awards in accordance with Statement of Financial Accounting      Standards No. 123 (revised 2004), “Share-Based Payments” (“SFAS No.      123(R)”), excluding any estimate for forfeitures. No stock awards were      forfeited by the named executive officers in 2008.  For      additional information on the valuation assumptions underlying the value      of these awards.  See Note 13, “Stock-Based Compensation,” to      the accompanying consolidated financial statements included elsewhere in      this Annual Report on Form 10-K. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (2)             | Restricted      stock units were granted on September 8, 2008 to Mr. LaPerch (50,000) and      Messrs. Sokota, Jacquay, Datta and Jendras (35,000 each).  These      restricted stock units vest 30% on the first anniversary of the date of      grant, 10% on the second anniversary of the date of grant and 60% on the      third anniversary of the date of grant.  On October 27, 2008,      35,000 restricted sock units were granted to Mr. Ciavarella on the same      terms as above, except that the vesting dates are November 16, 2009,      November 15, 2010 and November 15, 2011.  Amounts set forth do      not reflect an additional 21,000 restricted stock units to Mr. LaPerch,      which vest ratably in 2010, 2011 and 2012 based upon the achievement of      certain performance targets for fiscal years 2009, 2010 and      2011.                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (3)             | No      options awards were granted in 2008 and 2007.  The amounts shown      for prior grants do not reflect actual value realized by the      recipient.  In accordance with SEC rules, this column represents      the dollar amount recognized by the Company for financial statement      reporting purposes for the year ended December 31, 2007 for option awards      in accordance with SFAS No. 123(R), excluding any estimate for      forfeitures.  No option awards were exercised or forfeited by      the named executive officers in 2008.  For additional      information on the valuation assumptions underlying the value of these      awards.  See Note 13, “Stock-Based Compensation,” to the accompanying consolidated      financial statements included elsewhere in this Annual Report on      Form 10-K.                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

----

|   |                                                                                                                                                                                                                                                                                                                                                                                             |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4)    | Includes      health and welfare benefits of $12,755, life insurance premiums of $2,474,      disability premiums of $948, 401(k) match of $2,750 and other of      $3,034.                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (5)    | Includes      health and welfare benefits of $16,222, life insurance premiums of $3,241,      disability premiums of $75 and 401(k) match of $2,750, a severance payment      of $327,200, consulting fees of $245,400 incurred in connection with his      consulting agreement described below in (6) and $100,000 in bonuses upon      the Company’s achievement of certain milestones. |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (6)    | Mr.      Doris’ contract was terminated without cause on March 4,      2008.  In connection with the termination of his employment      agreement, Mr. Doris and the Company entered into a consulting      agreement.                                                                                                                                                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (7)    | Includes      consulting fees of $574,524, health and welfare benefits of $2,155, life      insurance premiums of $567 and disability premiums of  $125.                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (8)    | Includes      health and welfare benefits of $12,518, life insurance premiums of $1,366,      disability premiums of $270, 401(k) match of $2,750 and other of      $303.                                                                                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (9)    | Includes      health and welfare benefits of $10,474, life insurance premiums of $3,946,      disability premiums of $935, and other of $1,950.                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (10)   | Includes      health and welfare benefits of $12,763, life insurance premiums of $1,020,      disability premiums of $922, 401(k) match of $2,750 and other of      $303.                                                                                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (11)   | Includes      health and welfare benefits of $13,237, life insurance premiums of $1,156,      disability premiums of $894, 401(k) match of $2,688 and other of      $1,657.                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (12)   | Includes      health and welfare benefits of $12,539, life insurance premiums of $2,891,      disability premiums of $1,014, 401(k) match of $2,250 and other of      $1,023.                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (13)   | Includes      health and welfare benefits of $12,539, life insurance premiums of $2,892,      disability premiums of $300, and 401(k) match of$2,250.                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (14)   | In      2007, Mr. Ciavarella received $244,693 for his services as a financial      consultant.                                                                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (15)   | Includes      health and welfare benefits of $12,295 life insurance premiums of $1,185,      disability premiums of $300, 401(k) match of $2,250 and other of      $993.                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (16)   | Includes      health and welfare benefits of $12,539, life insurance premiums of $3,448,      disability premiums of $997, and other of $1,153.                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (17)   | Includes      health and welfare benefits of $12,546, life insurance premiums of $1,015,      disability premiums of $951, 401(k) match of $2,250 and other of      $150.                                                                                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (18)   | Includes      health and welfare benefits of $12,450, life insurance premiums of $1,049,      disability premiums of $932, 401(k) match of $2,250 and other of      $150.                                                                                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (19)   | Includes      health and welfare benefits of $12,337, life insurance premiums of $2,821,      disability premiums of $917, 401(k) match of $1,125 and other of      $1,577.                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (20)   | Includes      health and welfare benefits of $12,404, life insurance premiums of $2,821,      disability premiums of $273, 401(k) match of $1,125 and other of      $1,055.                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (21)   | Includes      health and welfare benefits of $12,348, life insurance premiums of $1,151,      disability premiums of $567, 401(k) match of $1,125 and other of      $1,244.                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (22)   | Includes      health and welfare benefits of $12,404, life insurance premiums of $3,377,      disability premiums of $913, and other of $1,391.                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (23)   | Includes      health and welfare benefits of $12,411, life insurance premiums of $1,015,      disability premiums of $904, and 401(k) match of$1,125.                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                             |
| (24)   | Includes      health and welfare benefits of $12,315, life insurance premiums of $1,015,      disability premiums of $895, and 401(k) match of  $1,125.                                                                                                                                                                                                                                          |

| Named      Executive Officer |   | Number      of  RSUs Granted (1) |   | Grant      Date                   |   | Grant      DateFair      Value    |
|------------------------------|--------|--------------------------------------------|--------|-----------------------------------|--------|-----------------------------------|
| William      G. LaPerch (2)  |   | 50,000                                     |   | September      8, 2008            |   | $  3,000,000            |
| Robert      Sokota           |   | 35,000                                     |   | September      8, 2008            |   |     2,100,000 |
| John      Jacquay            |   | 35,000                                     |   | September      8, 2008            |   |     2,100,000 |
| Rajiv      Datta             |   | 35,000                                     |   | September      8, 2008            |   |     2,100,000 |
| Douglas      Jendras         |   | 35,000                                     |   | September      8, 2008            |   |     2,100,000 |
| Joseph      Ciavarella       |   | 35,000                                     |   |   October      27, 2008 |   |     1,365,000 |

|  | (1) | The      restricted stock units granted to the individuals above, vest 30% on the      first anniversary of the date of grant, 10% on the second anniversary of      the date of grant and 60% on the third anniversary of the date of grant      except for those granted to Mr. Ciavarella, which vest 30% on November 16,      2009, 10% on November 15, 2010 and 60% on November 15,    2011. |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Mr.      LaPerch was also granted an additional 21,000 restricted stock units which      vest ratably in 2010, 2011 and 2012 based upon the achievement of certain      performance targets for fiscal years 2009, 2010 and  2011. |
|--|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                      |   | Option      Awards                                                                                                                      |    |   | Stock      Awards                                                                |   |
|---------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------|---------|--------|----------------------------------------------------------------------------------|--------|
| Name                      |   | Number      of SecuritiesUnderlyingUnexercisedOptions      orUndeliveredRestricted      Stock Units (#)      Exercisable |    |   | Number      of Securities UnderlyingUnexercisedOptions(#)Unexercisable |   |   | Equity      Incentive Plan      Awards:Number      of SecuritiesUnderlying UnexercisedUnearnedOptions (#) |   |   | OptionExercisePrice ($) |   |   | OptionExpirationDate |   |   | Number      of Options      orRestrictedStock      Units That Have Not Vested (#) |   |   | Market      Value of Shares or Stock Units That Have Not      Vested ($) |   |   | Equity      Incentive Plan Awards: Number      of Unearned      Shares,Units      or Other Rights That Have Not Vested (#) |   |   | Equity      Incentive Plan Awards: Market or Payout Value of Unearned      Shares, Units or      Other Rights That Have Not Vested ($) |   |
| William      G. LaPerch   |   |                                                                                                                                    | 20,000  | (1)    |                                                                             |   | — |   |   |   | — |   |   | $ | 20.95 |   |   | 09/10/13 |   |   |   | — |   |   | $ | — |   |   |   | — |   |   | $ | — |   |
|                      |   |                                                                                                                                    | 20,000  | (6)    |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | — |        |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 50,000 | (8) |   |   | 1,450,000 |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    |    |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Michael      A. Doris     |   |                                                                                                                                    | 16,500  | (1)    |                                                                             |   | — |   |   |   | — |   |   | $ | 20.95 |   |   | 09/10/13 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 10,000  | (7)    |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    |    |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Robert      Sokota        |   |                                                                                                                                    | 16,500  | (1)    |                                                                             |   | — |   |   |   | — |   |   | $ | 20.95 |   |   | 09/10/13 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 10,000  | (6)    |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | — |        |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 35,000 | (8) |   |   | 1,015,000 |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    |    |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| John      Jacquay         |   |                                                                                                                                    | 25,000  | (2)    |                                                                             |   | — |   |   |   | — |   |   | $ | 36.50 |   |   | 06/01/14 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 7,000   | (4)    |                                                                             |   | — |   |   |   | — |   |   | $ | 25.00 |   |   | 12/19/15 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 10,000  | (6)    |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | — |   |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 35,000 | (8) |   |   | 1,015,000 |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    |    |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Rajiv      Datta          |   |                                                                                                                                    | 10,000  | (1)    |                                                                             |   | — |   |   |   | — |   |   | $ | 20.95 |   |   | 09/12/13 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 4,000   | (3)    |                                                                             |   | — |   |   |   | — |   |   | $ | 36.50 |   |   | 05/13/14 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 80      | (5)    |                                                                             |   | — |   |   |   | — |   |   | $ | 25.00 |   |   | 12/19/15 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 10,000  | (6)    |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | — |        |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 35,000 | (8) |   |   | 1,015,000 |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    |    |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Douglas      Jendras      |   |                                                                                                                                    | 10,000  | (1)    |                                                                             |   | — |   |   |   | — |   |   | $ | 20.95 |   |   | 09/12/13 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 4,000   | (3)    |                                                                             |   | — |   |   |   | — |   |   | $ | 36.50 |   |   | 05/13/14 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 80      | (5)    |                                                                             |   | — |   |   |   | — |   |   | $ | 25.00 |   |   | 12/19/15 |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | 10,000  | (6)    |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    | — |        |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 35,000 | (8) |   |   | 1,015,000 |   |   |   | — |   |   |   | — |   |
|                      |   |                                                                                                                                    |    |   |                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Joseph      P. Ciavarella |   |                                                                                                                                    | — |   |                                                                             |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |   |   | 35,000 | (8) |  |   | 1,015,000 |   |   |   | — |   |   |   | — |   |

| (1) | Represents      options to purchase an equivalent number of shares of AboveNet, Inc.      Common Stock.  The options were granted in September 2003 and      vested in three equal installments in September 2004, September 2005 and      September 2006. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Represents      options to purchase an equivalent number of shares of AboveNet, Inc.      Common Stock.  The options were granted on June 1, 2004 and      vested in three equal installments on June 1, 2005, June 1, 2006 and June      1, 2007. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      options to purchase an equivalent number of shares of AboveNet, Inc.      Common Stock.  The options were granted on May 13, 2004 and      vested in three equal installments on May 13, 2005, May 13, 2006 and May      13, 2007. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Represents      options to purchase an equivalent number of shares of AboveNet, Inc.      Common Stock.  The options were granted on December 19, 2005 and      vested in three equal installments on December 19, 2005, June 1, 2006 and      June 1, 2007. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Represents      options to purchase an equivalent number of shares of AboveNet’s common      stock. The options vested in three equal installments on December 19,      2005, May 13, 2006 and May 13,2007. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Represents      restricted stock units granted August 7, 2007 to Mr. LaPerch (20,000), Mr.      Sokota (10,000), Mr. Datta (10,000), Mr. Jacquay (10,000) and Mr. Jendras      (10,000).  These restricted stock units vested on August 7, 2008      and are scheduled to be delivered in August  2009. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Mr.      Doris’ contract was terminated on March 4, 2008, at which time the 10,000      restricted stock units granted on August 7, 2007 became      vested.  On January 5, 2009, 5,765 shares were delivered to Mr.      Doris and 4,235 shares were repurchased to fund estimated tax      liabilities. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Represents      restricted stock units that vest 30% on the first anniversary of the date      of grant, 10% on the second anniversary of the date of grant and 60% on      the third anniversary of the date ofgrant. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Represent      restricted stock units that vest 30% on November 16, 2009, 10% on November      15, 2010 and 60% on November 15,2011. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------|

----

| Named Executive Officer |   | RSUs Vested andDelivered      (1) |    |   | Value Realizedon Vesting andDelivery |   |
|-----------------------------------|--------|---------------------------------------------|---------|--------|-----------------------------------------------------|--------|
| William      G. LaPerch           |   |                                        | — | (2)    |                                                | $      | — |   |
| Robert      Sokota                |   |                                        | — | (2)    |                                                | $      | — |   |
| John      Jacquay                 |   |                                        | 10,000  | (2)    |                                                | $      | 660,000 |   |
| Rajiv      Datta                  |   |                                        | 1,875   | (2)    |                                                | $      | 131,250 |   |
| Douglas      Jendras              |   |                                        | 2,500   | (2)    |                                                | $      | 175,000 |   |
| Joseph      P. Ciavarella         |   |                                        | — | (2)    |                                                | $      | — |   |
| Michael      A. Doris             |   |                                        | — | (3)    |                                                | $      | — |   |

|   | (1)    | This      table is provided without regard to shares repurchased by the Company to      fund estimated tax obligations or minimum tax withholding      obligations.                                                                                                                                                                                         |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                        |
|   | (2)    | The      table excludes restricted stock units vested on August 7, 2008 as follows:      20,000 for Mr. LaPerch, 10,000 each for Messrs. Sokota, Jacquay, Datta and      Jendras and 7,000 each for Messrs. Brodsky, Embler, Postma, Shorten and      Subotnick.  The underlying common shares are scheduled to be      delivered in August 2009. |

|   | (3) | The      table above also excludes 10,000 restricted stock units vested on March 4,      2008 in conjunction with the modification and termination of his      employment agreement delivered on January 5, 2009 with an aggregate value      of $290,000. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Executive      Benefits and Payments Upon Separation |   | Expiration      of Employment Agreement($) |    |      | Voluntary      Termination on 12/31/08($) |   |    | For      Cause Termination on 12/31/08($) |   |   | Without      Cause Termination on 12/31/08($) |      |   | Change-in-Control      and Termination on 12/31/08($) |      |      | Disability      on 12/31/08($) |   |      | Death      on 12/31/08($) |   |
|----------------------------------------------------------------|--------|--------------------------------------------|---------|-----------|-------------------------------------------|--------|---------|-------------------------------------------|--------|--------|-----------------------------------------------|-----------|--------|-------------------------------------------------------|-----------|-----------|--------------------------------|--------|-----------|---------------------------|--------|
| Compensation:                                                  |   |                                       |    |      |                                      |   |    |                                      |   |   |                                          |      |   |                                                  |      |      |                           |   |      |                      |   |
| Cash      Severance –      Salary and Bonus              |   | $                                          | — |      |                                      | $      | — |                                      |   | $      | —                                       |      |   | $                                                     | 825,000   |  (1) |                           | $      | 825,000   |  (1)                 |   | $ | 275,000 |   |   | $ | 275,000 |   |
| Stock      Options                                             |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | —   |      |                           |   | —   |                      |   |   | — |   |   |   | — |   |
| Restricted      Stock (2)                                      |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 1,450,000 |      |                           |   | 1,450,000 |                      |   |   | 1,450,000 |    |   |   | 1,450,000 |   |
| Benefits      and Perquisites                                  |   |                                       | 39,133  |  (4) |                                      |   | 39,133  |  (4)                                 |   |   | 39,133                                        |  (4) |   |                                                  | 52,836    |  (3) |                           |   | 52,836    |  (3)                 |   |   | 39,133 |  (4) |   |   | 39,133 |  (4) |
| Life      Insurance                                            |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 2,474     |  (5) |                           |   | 2,474     |  (5)                 |   |   | — |   |   |   | 1,000,000 |  (6) |
| Total                                                          |   | $                                          | 39,133  |      |                                      | $      | 39,133  |                                      |   | $      | 39,133                                        |      |   | $                                                     | 2,330,310 |      |                           | $      | 2,330,310 |                      |   | $ | 1,764,133 |   |   | $ | 2,764,133 |   |

| (1) | Represents      one year of severance at Mr. LaPerch’s annual base salary pursuant to the      September 2008 Employment Agreements, plus his 2008 bonus of      $275,000. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Pursuant      to the terms of the stock unit agreement, Mr. LaPerch’s unvested      restricted stock units would become 100% vested if he was terminated      without cause or for disability or death or upon a change-in-control. The      shares underlying the restricted stock units have been valued in the above      table using the December 31, 2008 closing market price of our common stock      of $29.00 per share ($29.00 x 50,000 shares = $1,450,000 at 100%      vesting). |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      health and welfare benefits for 12 months and accrued paid time      off. |
|-----|-------------------------------------------------------------------------------------------|

| (4) | Represents      accrued paid time off. |
|-----|----------------------------------------|

| (5) | Represents      payment of life insurance premium. |
|-----|----------------------------------------------------|

| (6) | Upon      his death, Mr. LaPerch’s beneficiary would receive the proceeds of a      $1,000,000 life insurance policy. |
|-----|-----------------------------------------------------------------------------------------------------------------------------|

----

| Executive      Benefits and Payments Upon Separation |   | Expiration      of Employment Agreement($) |    |      | Voluntary      Termination on 12/31/08($) |   |    | For      Cause Termination on 12/31/08($) |   |   | Without      Cause Termination on 12/31/08($) |      |   | Change-in-Control      and Termination on 12/31/08($) |      |      | Disability      on 12/31/08($) |   |      | Death      on 12/31/08($) |   |
|----------------------------------------------------------------|--------|--------------------------------------------|---------|-----------|-------------------------------------------|--------|---------|-------------------------------------------|--------|--------|-----------------------------------------------|-----------|--------|-------------------------------------------------------|-----------|-----------|--------------------------------|--------|-----------|---------------------------|--------|
| Compensation:                                                  |   |                                       |    |      |                                      |   |    |                                      |   |   |                                          |      |   |                                                  |      |      |                           |   |      |                      |   |
| Cash      Severance –      Salary and Bonus              |   | $                                          | — |      |                                      | $      | — |                                      |   | $      | —                                       |      |   | $                                                     | 440,000   |  (1) |                           | $      | 440,000   |  (1)                 |   | $ | 125,000 |   |   | $ | 125,000 |   |
| Stock      Options                                             |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | —   |      |                           |   | —   |                      |   |   | — |   |   |   | — |   |
| Restricted      Stock (2)                                      |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 1,015,000 |      |                           |   | 1,015,000 |                      |   |   | 1,015,000 |   |   |   | 1,015,000 |   |
| Benefits      and Perquisites                                  |   |                                       | 4,807   |  (4) |                                      |   | 4,807   |  (4)                                 |   |   | 4,807                                         |  (4) |   |                                                  | 18,487    |  (3) |                           |   | 18,487    |  (3)                 |   |   | 4,807 |  (4) |   |   | 4,807 |  (4) |
| Life      Insurance                                            |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 3,402     |  (5) |                           |   | 3,402     |  (5)                 |   |   | — |   |   |   | 1,000,000 |  (6) |
| Total                                                          |   | $                                          | 4,807   |      |                                      | $      | 4,807   |                                      |   | $      | 4,807                                         |      |   | $                                                     | 1,476,889 |      |                           | $      | 1,476,889 |                      |   | $ | 1,144,807 |   |   | $ | 2,144,807 |   |

| (1) | Represents      one year of severance at Mr. Ciavarella’s annual base salary pursuant to      his October 2008 Employment Agreement, plus his 2008 bonus of      $125,000. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Pursuant      to the terms of the stock unit agreement, Mr. Ciavarella’s unvested      restricted stock units would become 100% vested if he was terminated      without cause or for disability or death or upon a change-in-control. The      shares underlying the restricted stock units have been valued in the above      table using the December 31, 2008 closing market price of our common stock      of $29.00 per share ($29.00 x 35,000 shares = $1,015,000 at 100%      vesting). |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      health and welfare benefits for 12 months and accrued paid time      off. |
|-----|-------------------------------------------------------------------------------------------|

| (4) | Represents      accrued paid time off. |
|-----|----------------------------------------|

| (5) | Represents      payment of life insurance premium. |
|-----|----------------------------------------------------|

| (6) | Upon      his death, Mr. Ciavarella’s beneficiary would receive the proceeds of a      $1,000,000 life insurance policy. |
|-----|--------------------------------------------------------------------------------------------------------------------------------|

----

| Executive      Benefits and Payments Upon Separation |   | Expiration      of Employment Agreement($) |    |      | Voluntary      Termination on 12/31/08($) |   |    | For      Cause Termination on 12/31/08($) |   |   | Without      Cause Termination on 12/31/08($) |      |   | Change-in-Control      and Termination on 12/31/08($) |      |      | Disability      on 12/31/08($) |   |      | Death      on 12/31/08($) |   |
|----------------------------------------------------------------|--------|--------------------------------------------|---------|-----------|-------------------------------------------|--------|---------|-------------------------------------------|--------|--------|-----------------------------------------------|-----------|--------|-------------------------------------------------------|-----------|-----------|--------------------------------|--------|-----------|---------------------------|--------|
| Compensation:                                                  |   |                                       |    |      |                                      |   |    |                                      |   |   |                                          |      |   |                                                  |      |      |                           |   |      |                      |   |
| Cash      Severance –      Salary and Bonus              |   | $                                          | — |      |                                      | $      | — |                                      |   | $      | —                                       |      |   | $                                                     | 540,000   |  (1) |                           | $      | 540,000   |  (1)                 |   | $ | 225,000 |   |   | $ | 225,000 |   |
| Stock      Options                                             |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | —   |      |                           |   | —   |                      |   |   | — |   |   |   | — |   |
| Restricted      Stock (2)                                      |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 1,015,000 |      |                           |   | 1,015,000 |                      |   |   | 1,015,000 |   |   |   | 1,015,000 |   |
| Benefits      and Perquisites                                  |   |                                       | 9,086   |  (4) |                                      |   | 9,086   |  (4)                                 |   |   | 9,086                                         |  (4) |   |                                                  | 21,874    |  (3) |                           |   | 21,874    |  (3)                 |   |   | 9,086 | (4) |   |   | 9,086 |  (4) |
| Life      Insurance                                            |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 1,366     |  (5) |                           |   | 1,366     |  (5)                 |   |   | — |   |   |   | 1,000,000 |  (6) |
| Total                                                          |   | $                                          | 9,086   |      |                                      | $      | 9,086   |                                      |   | $      | 9,086                                         |      |   | $                                                     | 1,578,240 |      |                           | $      | 1,578,240 |                      |   | $ | 1,249,086 |   |   | $ | 2,249,086 |   |

| (1) | Represents      one year of severance at Mr. Sokota’s annual base salary pursuant to the      September 2008 Employment Agreements, plus his 2008 bonus of      $225,000. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Pursuant      to the terms of the stock unit agreement, Mr. Sokota’s unvested restricted      stock units would become 100% vested if he was terminated without cause or      for disability or death or upon a change-in-control. The shares underlying      the restricted stock units have been valued in the above table using the      December 31, 2008 closing market price of our common stock of $29.00 per      share ($29.00 x 35,000 shares = $1,015,000 at 100%    vesting). |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      health and welfare benefits for 12 months and accrued paid time      off. |
|-----|-------------------------------------------------------------------------------------------|

| (4) | Represents      accrued paid time off. |
|-----|----------------------------------------|

| (5) | Represents      payment of life insurance premium. |
|-----|----------------------------------------------------|

| (6) | Upon      his death, Mr. Sokota’s beneficiary would receive the proceeds of a      $1,000,000 life insurance policy. |
|-----|----------------------------------------------------------------------------------------------------------------------------|

----

| Executive      Benefits and Payments Upon Separation |   | Expiration      of Employment Agreement($) |    |      | Voluntary      Termination on 12/31/07($) |   |    | For      Cause Termination on 12/31/08($) |   |   | Without      Cause Termination on 12/31/08($) |         |   | Change-in-Control      and Termination on 12/31/08($) |      |      | Disability      on 12/31/08($) |   |      | Death      on 12/31/08($) |   |
|-----------------------------------------------------------|--------|--------------------------------------------|---------|-----------|-------------------------------------------|--------|---------|-------------------------------------------|--------|--------|-----------------------------------------------|--------------|--------|-------------------------------------------------------|-----------|-----------|--------------------------------|--------|-----------|---------------------------|--------|
| Compensation:                                             |   |                                       |    |      |                                      |   |    |                                      |   |   |                                          |         |   |                                                  |      |      |                           |   |      |                      |   |
| Cash      Severance –      Salary and Bonus         |   | $                                          | — |      |                                      | $      | — |                                      |   | $      | —                                       |         |   | $                                                     | 650,000   |  (1) |                           | $      | 650,000   |  (2)                 |   | $ | 350,000 |   |   | $ | 350,000 |   |
| Stock      Options                                        |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |         |   |                                                  | —   |      |                           |   | —   |                      |   |   | — |   |   |   | — |   |
| Restricted      Stock (2)                                 |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |    |   |                                                  | 1,015,000 |      |                           |   | 1,015,000 |                      |   |   | 1,015,000 |   |   |   | 1,015,000 |   |
| Benefits      and Perquisites                             |   |                                       | 13,269  |  (4) |                                      |   | 13,269  |  (4)                                 |   |   | 13,269                                        |  (4)    |   |                                                  | 24,678    |  (3) |                           |   | 24,678    |  (3)                 |   |   | 13,269 |  (4) |   |   | 13,269 |  (4) |
| Life      Insurance                                       |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |         |   |                                                  | 3,946     |  (5) |                           |   | 3,946     |  (5)                 |   |   | — |   |   |   | 1,000,000 |  (6) |
| Total                                                     |   | $                                          | 13,269  |      |                                      | $      | 13,269  |                                      |   | $      | 13,269                                        |         |   | $                                                     | 1,693,624 |      |                           | $      | 1,693,624 |                      |   | $ | 1,378,269 |   |   | $ | 2,378,269 |   |

| (1) | Represents      one year of severance at Mr. Jacquay’s annual base salary pursuant to the      September 2008 Employment Agreements, plus his 2008 bonus of      $350,000. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Pursuant      to the terms of the stock unit agreement, Mr. Jacquay’s unvested      restricted stock units would become 100% vested if he was terminated      without cause or for disability or death or upon a change-in-control. The      shares underlying the restricted stock units have been valued in the above      table using the December 31, 2008 closing market price of our common stock      of $29.00 per share ($29.00 x 35,000 shares = $1,015,000 at 100%      vesting). |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      health and welfare benefits for 12 months and accrued paid time      off. |
|-----|-------------------------------------------------------------------------------------------|

| (4) | Represents      accrued paid time off. |
|-----|----------------------------------------|

| (5) | Represents      payment of life insurance premium. |
|-----|----------------------------------------------------|

| (6) | Upon      his death, Mr. Jacquay’s beneficiary would receive the proceeds of a      $1,000,000 life insurance policy. |
|-----|-----------------------------------------------------------------------------------------------------------------------------|

----

| Executive      Benefits and Payments Upon Separation |   | Expiration      of Employment Agreement($) |    |      | Voluntary      Termination on 12/31/08($) |   |    | For      Cause Termination on 12/31/08($) |   |   | Without      Cause Termination on 12/31/08($) |      |   | Change-in-Control      and Termination on 12/31/08($) |      |      | Disability      on 12/31/08($) |   |      | Death      on 12/31/08($) |   |
|-----------------------------------------------------------|--------|--------------------------------------------|---------|-----------|-------------------------------------------|--------|---------|-------------------------------------------|--------|--------|-----------------------------------------------|-----------|--------|-------------------------------------------------------|-----------|-----------|--------------------------------|--------|-----------|---------------------------|--------|
| Compensation:                                             |   |                                       |    |      |                                      |   |    |                                      |   |   |                                          |      |   |                                                  |      |      |                           |   |      |                      |   |
| Cash      Severance –      Salary and Bonus         |   | $                                          | — |      |                                      | $      | — |                                      |   | $      | —                                       |      |   | $                                                     | 515,000   |  (1) |                           | $      | 515,000   |  (1)                 |   | $ | 225,000 |   |   | $ | 225,000 |   |
| Stock      Options                                        |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | —   |      |                           |   | —   |                      |   |   | — |   |   |   | — |   |
| Restricted      Stock (2)                                 |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 1,015,000 |      |                           |   | 1,015,000 |                      |   |   | 1,015,000 |   |   |   | 1,015,000 |   |
| Benefits      and Perquisites                             |   |                                       | 28,999  |  (4) |                                      |   | 28,999  |  (4)                                 |   |   | 28,999                                        |  (4) |   |                                                  | 42,684    |  (3) |                           |   | 42,684    |  (3)                 |   |   | 28,999 |  (4) |   |   | 28,999 |  (4) |
| Life      Insurance                                       |   |                                       | — |      |                                      |   | — |                                      |   |   | —                                       |      |   |                                                  | 1,020     |  (5) |                           |   | 1,020     |  (5)                 |   |   | — |   |   |   | 1,000,000 |  (6) |
| Total                                                     |   | $                                          | 28,999  |      |                                      | $      | 28,999  |                                      |   | $      | 28,999                                        |      |   | $                                                     | 1,573,704 |      |                           | $      | 1,573,704 |                      |   |   | 1,268,999 |   |   | $ | 2,268,999 |   |

| (1) | Represents      one year of severance at Mr. Datta’s annual base salary pursuant to the      September 2008 Employment Agreement, plus his 2008 bonus of      $225,000. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Pursuant      to the terms of the stock unit agreement, Mr. Datta’s unvested restricted      stock units would become 100% vested if he was terminated without cause or      for disability or death or upon a change-in-control. The shares underlying      the restricted stock units have been valued in the above table using the      December 31, 2008 closing market price of our common stock of $29.00 per      share ($29.00 x 35,000 shares = $1,015,000 at 100%    vesting). |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      health and welfare benefits for 12 months and accrued paid time      off. |
|-----|-------------------------------------------------------------------------------------------|

| (4) | Represents      accrued paid time off. |
|-----|----------------------------------------|

| (5) | Represents      payment of life insurance premium. |
|-----|----------------------------------------------------|

| (6) | Upon      his death, Mr. Datta’s beneficiary would receive the proceeds of a      $1,000,000 life insurance policy. |
|-----|---------------------------------------------------------------------------------------------------------------------------|

----

| Executive      Benefits and Payments Upon Separation |   | Expiration      of Employment Agreement($) |    | Voluntary      Termination on 12/31/08($) |   | For      Cause Termination on 12/31/08($) |   | Without      Cause Termination on 12/31/08($) |    |   | Change-in-Control      and Termination on 12/31/08($) |      |      | Disability      on 12/31/08($) |   | Death      on 12/31/08($) |      |
|-----------------------------------------------------------|--------|--------------------------------------------|---------|-------------------------------------------|--------|-------------------------------------------|--------|-----------------------------------------------|---------|--------|-------------------------------------------------------|-----------|-----------|--------------------------------|--------|---------------------------|-----------|
| Compensation:                                             |   |                                       |    |                                      |   |                                      |   |                                          |    |   |                                                  |      |      |                           |   |                      |      |
| Cash      Severance –      Salary and Bonus         |   | $                                          | — |                                      | $      | —                                   |   | $                                             | — |   | $                                                     | 505,000   |  (1) |                           | $      | 505,000                   |  (1) |   | $ | 225,000 |   | $ | 225,000 |   |
| Stock      Options                                        |   |                                       | — |                                      |   | —                                   |   |                                          | — |   |                                                  | —   |      |                           |   | —                   |      |   |   | — |   |   | — |   |
| Restricted      Stock (2)                                 |   |                                       | — |                                      |   | —                                   |   |                                          | — |   |                                                  | 1,015,000 |      |                           |   | 1,015,000                 |      |   |   | 1,015,000 |   |   | 1,015,000 |   |
| Benefits      and Perquisites                             |   |                                       | — |                                      |   | —                                   |   |                                          | — |   |                                                  | 14,131    |  (3) |                           |   | 14,131                    |  (3) |   |   | — |   |   | — |   |
| Life      Insurance                                       |   |                                       | — |                                      |   | —                                   |   |                                          | — |   |                                                  | 1,156     |  (4) |                           |   | 1,156                     |  (4) |   |   | — |   |   | 1,000,000 |  (5) |
| Total                                                     |   | $                                          | — |                                      | $      | —                                   |   | $                                             | — |   | $                                                     | 1,535,287 |      |                           | $      | 1,535,287                 |      |   | $ | 1,240,000 |   | $ | 2,240,000 |   |

| (1) | Represents      one year of severance at Mr. Jendras’ annual base salary pursuant to the      September 2008 Employment Agreement, plus his 2008 bonus of      $225,000. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Pursuant      to the terms of the stock unit agreement, Mr. Jendra’s unvested restricted      stock units would become 100% vested if he was terminated without cause or      for disability or death or upon a change-in-control. The shares underlying      the restricted stock units have been valued in the above table using the      December 31, 2008 closing market price of our common stock of $29.00 per      share ($29.00 x 35,000 shares = $1,015,000 at 100%    vesting). |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents      health and welfare benefits for 12months. |
|-----|-----------------------------------------------------------|

| (4) | Represents      payment of life insurance premium. |
|-----|----------------------------------------------------|

| (5) | Upon      his death, Mr. Jendras’ beneficiary would receive the proceeds of a      $1,000,000 life insurance policy. |
|-----|----------------------------------------------------------------------------------------------------------------------------|

| Salary      and Bonuses       |   | $      | 603,430   |   |
|-------------------------------|--------|--------|-----------|--------|
| Accrued      Paid Time Off    |   |   | 10,535    |   |
| Consulting      Fee           |   |   | 245,400   |   |
| Restricted      Stock         |   |   | 730,000   | *      |
| Benefits      and Perquisites |   |   | 28,616    |   |
| Life      Insurance           |   |   | 4,658     |   |
| Total                         |   | $      | 1,622,639 |   |

----

| Name                      |   | Fees      Earned or Paid in Cash($)      (1) |    |   |      | Stock      Awards ($) (4) |   |      | Option      Awards ($) (5) |   |   | Non-Equity      Incentive Plan Compensation($) |   |   | Change      in Pension Value and Nonqualified Deferred Compensation      Earnings($) |    |   | All      Other Compensation($) |   |    | Total($) |   |
|---------------------------|--------|----------------------------------------------|---------|--------|-----------|---------------------------|--------|-----------|----------------------------|--------|--------|------------------------------------------------|--------|--------|--------------------------------------------------------------------------------------|---------|--------|--------------------------------|--------|---------|----------|--------|
| Jeffrey      A. Brodsky   |   | $                                            | 130,500 |   |  (2) |                      | $      | 345,625   |                       |   | $      | 11,480                                         |   |   | $                                                                                    | — |   |                           | $      | — |     |   | $ | — |   |   | $ | 487,605 |   |
| Michael      J. Embler    |   |                                         | 83,500  |   |      |                      |   | 345,625   |                       |   |   | 11,480                                         |   |   |                                                                                 | — |   |                           |   | — |     |   |   | — |   |   |   | 440,605 |   |
| Richard      Postma       |   |                                         | 97,500  |   |      |                      |   | 345,625   |                       |   |   | 11,480                                         |   |   |                                                                                 | — |   |                           |   | — |     |   |   | — |   |   |   | 454,605 |   |
| Richard      Shorten, Jr. |   |                                         | 178,000 |   |  (3) |                      |   | 345,625   |                       |   |   | 11,480                                         |   |   |                                                                                 | — |   |                           |   | — |     |   |   | — |   |   |   | 535,105 |   |
| Stuart      Subotnick     |   |                                         | 93,000  |   |      |                      |   | 345,625   |                       |   |   | 11,480                                         |   |   |                                                                                 | — |   |                           |   | — |     |   |   | — |   |   |   | 450,105 |   |
|                      |   | $                                            | 582,500 |   |      |                      | $      | 1,728,125 |                       |   | $      | 57,400                                         |   |   | $                                                                                    | — |   |                           | $      | — |     |   | $ | — |   |   | $ | 2,368,025 |   |

| (1) | Includes      $60,000 annual service retainer plus meeting attendance fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Includes      $30,000 for services performed as Chairman of the Board and $10,000 for      services performed as Chairman of the Audit Committee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (3) | Includes      80,000 for services performed as Chairman of the Strategy      Committee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| (4) | Such      amount includes the non-cash based compensation expense incurred during      the year ended December 31, 2008 associated with 7,000 restricted stock      units granted to each of Messrs. Brodsky, Embler, Postma, Shorten and      Subotnick on  August 7, 2007, which vested on August 7, 2008 and      are scheduled to be delivered in August 2009.  Additionally, on      September 8, 2008, each of Messrs. Brodsky, Embler, Postma, Shorten and      Subotnick was granted 500 restricted stock units, which vest on the first      anniversary of the date of grant.  These amounts do not reflect      actual value realized by the recipient. No value was realized by any      directors in 2008.  In accordance with the SEC rules, this      column represents the dollar amount recognized by the Company for      financial statement reporting purposes for the year ended December 31,      2008 for such restricted stock units in accordance with SFAS      No. 123(R), excluding any estimate for forfeitures.  No      awards were forfeited by the non-employee directors in 2008. For      additional information on the valuation assumptions underlying the value      of these awards.  See Note 13, “Stock-Based Compensation,” to the accompanying consolidated      financial statements included elsewhere in this Annual Report on      Form 10-K.  Pursuant to FMA’s internal policy, all non-cash      compensation issued to Mr. Embler in connection with his service on the      Board of Directors will be distributed directly to funds managed by FMA      holding Company securities, when so available.  |
| (5) | On      September 8, 2008, each Mssrs. Brodsky, Embler, Postma, Shorten and      Subotnick was granted options to purchase 1,000 shares of common stock at      a price of $60.00, the closing market price on that date.  The      options vest on the first anniversary of the date of      grant.  These amounts do not reflect actual value realized by      the recipient. No value was realized by any directors in      2008.  In accordance with the SEC rules, this column represents      the dollar amount recognized by the Company for financial statement      reporting purposes for the year ended December 31, 2008 for such      restricted stock units in accordance with SFAS No. 123(R), excluding      any estimate for forfeitures.  No awards were forfeited by the      non-employee directors in 2008. For additional information on the      valuation assumptions underlying the value of these awards.  See      Note 13, “Stock-Based Compensation,” to the accompanying consolidated      financial statements included elsewhere in this Annual Report on      Form 10-K.  Pursuant to FMA’s internal policy, all non-cash      compensation issued to Mr. Embler in connection with his service on the      Board of Directors will be distributed directly to funds managed by FMA      holding Company securities, when soavailable.                                                                                                                                                                                                                                                                                                     |

----

| Name of Beneficial Owner                                                                                                                       |   | Common      Stock Beneficially Owned |   | Percentage      ofCommon Stock      (1) |    |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|--------|----------------------------------------------|---------|
| Franklin      Mutual Advisers, LLC101      John F. Kennedy ParkwayShort      Hills, NJ  07078                                                  |   | 2,461,229                                 | (2)    | 21.5                                         | %  |
| JGD      Management Corp. and affiliated personc/o      York Capital Management767      Fifth Avenue, 17th      FloorNew      York, NY  10153  |   | 1,853,636                                 | (4)    | 16.0                                         | %       |
| Fiber      LLC2300      Carillow PointKirkland,      WA  98033                                                                                 |   | 1,514,191                                 | (3)    | 13.3                                         | %  |
| JWK      Enterprises, LLCc/o      Metromedia Company810      7th      Avenue, 29th      FloorNew      York, NY  10019                          |   | 1,220,304                                 | (5)    | 10.7                                         | %  |
| Stonehill      Capital Management LLC and affiliated persons805      Third Avenue, 30th      FloorNew      York, NY  10022                     |   | 838,902                                   | (6)    | 7.4                                          | %       |
| Jeffrey      A. Brodsky                                                                                                                                  |   | 3,000                                     | (7)    | *                                       |    |
| Michael      Embler                                                                                                                                      |   | —                                   | (8)    | *                                       |    |
| Richard      Postma                                                                                                                                      |   | 3,000                                     | (7)    | *                                       |    |
| Richard      Shorten, Jr.                                                                                                                                |   | 3,000                                     | (7)    | *                                       |    |
| Stuart      Subotnick                                                                                                                                    |   | 3,000                                     | (7)    | *                                       |    |
| William      G. LaPerch                                                                                                                                  |   | 46,825                                    | (9)    | *                                       |    |
| Michael      A. Doris                                                                                                                                    |   | 45,972                                    | (10)   | *                                       |    |
| Robert      Sokota                                                                                                                                       |   | 37,541                                    | (11)   | *                                       |    |
| John      Jacquay                                                                                                                                        |   | 55,984                                    | (12)   | *                                       |    |
| Rajiv      Datta                                                                                                                                         |   | 27,419                                    | (13)   | *                                       |    |
| Douglas      Jendras                                                                                                                                     |   | 25,919                                    | (14)   | *                                       |    |
| Joseph      P. Ciavarella                                                                                                                                |   | —                                   |   | *                                       |    |
| All      directors and executive officers as a group and Mr. Doris (twelve      persons)                                                                 |   | 251,660                                   | (15)   | 2.2                                          | %       |

| (1) | The      applicable percentage of beneficial ownership is based on 11,364,066      shares of common stock outstanding as of February 28, 2009, and with      respect to each person, any shares of common stock that may be acquired by      exercise of stock options, or other rights to acquire common stock within      60 days of February 28, 2009. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes      2,363,463 shares of common stock and seven year warrants to purchase      94,766 shares of common stock at $24 per share.  Franklin Mutual      Advisors, LLC (“FMA”) has sole voting and investment discretion over these      securities pursuant to investment management contracts.  FMA      disclaims beneficial ownership of the shares owned by its investment      management clients.  Mr. Embler disclaims beneficial ownership      of all shares described above.  Also includes options to      purchase 3,000 shares of common stock granted to Mr. Embler, which he      holds as a nominee of FMA and disclaims any beneficial      ownership.  Excludes 7,000 restricted stock units granted to Mr.      Embler on August 7, 2007, which vested on August 7, 2008, which are      scheduled to be delivered in August 2009, which he holds as a nominee of      FMA and disclaims any beneficial ownership. All the common stock is      beneficially owned by one or more open-end investment companies or other      accounts managed by FMA.  Excludes 500 restricted stock units      and options to purchase 1,000 shares of common stock granted to Mr. Embler      on September 8, 2008, which vest on the first anniversary of the date of      grant. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (3) | Based      on information contained in a Form 4 filed with the Securities and      Exchange Commission on December 26, 2007 by Fiber LLC, Craig McCaw and      Eagle River Holdings, LLC. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Based      on information contained in the Schedule 13G (Amendment No. 7) filed by      JGD Management Corp. (“JGD”) with the Securities and Exchange Commission      on February 17, 2009.  Includes (i) 112,267 shares of common stock      and warrants to purchase 10,000 shares of common stock directly owned by      York Capital Management, L.P. (“York Capital”); (ii) 353,537 shares of      common stock directly owned by York Investment Limited (“York      Investment”); (iii) 222,099  shares of common stock and warrants to      purchase 2,925 shares of common stock directly owned by York Select, L.P.      (“York Select”); (iv) 193,204 shares of common stock and warrants to      purchase 2,811 shares of common stock directly owned by York Credit      Opportunities Fund, L.P. (“York Credit Opportunities”); (v) 231,211       shares of common stock and warrants to purchase 22,160 shares of common      stock directly owned by York Select Unit Trust (“York Select Trust”); (vi)      55,387 shares of common stock and warrants to purchase 5,562 shares of      common stock directly owned by York Global Value Partners, L.P. (“York      Global Value”); (vii) 163,876 shares of common stock directly owned by      York Enhanced Strategies Fund, LLC (“York Enhanced Strategies”);       (viii) 572 shares of common stock directly owned by York Long Enhanced      Fund, L.P. (“York Long Enhanced”) (ix) 416,722 shares of common stock and      warrants to purchase 6,030 shares of common stock directly owned by York      Credit Opportunities Unit Trust (“York Unit Trust”) and (x) 53,285 shares      of common stock and warrants to purchase 1,938 shares of common stock      directly owned by certain managed accounts (the “Managed      Accounts”). The general partners of York Capital, York Select, York      Credit Opportunities, York Global Value and York Long Enhanced and the      managers of York Investment, York Select Trust and York Enhanced      Strategies have delegated certain management and administrative duties of      such funds to JGD. In addition, JGD manages the Managed      Accounts. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| (5) | Includes      1,194,182 shares of common stock and seven year warrants to purchase      26,122 shares of common stock at $24 per share.  During 2008,      the Kluge Trust transferred its ownership interest in the Company to JWK      Enterprises, LLC, an entity affiliated with John W.  Kluge. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| (6) | Based      on information contained in the Schedule 13G (Amendment No. 2) filed with      the Securities and Exchange Commission on February 12, 2009 by (i)      Stonehill Capital Management LLC (“Stonehill Management”) as to 838,902      shares of common stock; (ii) Stonehill Institutional Partners, L.P.      (“Stonehill Partners”) as to 409,235 shares of common stock; (iii)      Stonehill Offshore Partners Limited (“Stonehill Offshore”) as to 429,667      shares of common stock; (iv) Stonehill Advisers LLC (“Stonehill Advisers”)      as to 429,667 shares of common stock; (v) Stonehill General Partner, LLC      (“Stonehill GP”) as to 838,902 shares of common stock; (vi) Stonehill      Master Fund Ltd. (“Stonehill Master Fund”) as to 429,667 shares of common      stock; (vii) Stonehill Offshore Holdings LLC (“Stonehill Offshore      Holdings”) as to 429,667 shares of common stock; (viii) Stonehill Advisors      Holdings LP (“Stonehill Advisors Holdings”) as to 429,667 shares of common      stock; (ix) John Motulsky (“Motulsky”) as to 838,902 shares of common      stock; (x) Christopher Wilson (“Wilson”) as to 838,902 shares of common      stock; (xi) Wayne Teetsel (“Teetsel”) as to 838,902 shares of common      stock; (xii) Thomas Varkey (“Varkey”) as to 838,902 shares of common      stock; (xiii) Jonathan Sacks (“Sacks”) as to  838,902 shares of      common stock; and (xiv) Peter Sisitsky (“Sisitsky”) as to 838,902 shares      of common stock.  Stonehill Advisers is the investment adviser      to Stonehill Offshore. Stonehill Management is the investment adviser to      Stonehill Partners, Stonehill Offshore and Stonehill Master Fund.      Stonehill GP is the general partner of Stonehill Partners. Stonehill      Advisors Holders is the sole member of Stonehill      Advisors.  Motulsky, Wilson, Teetsel, Varkey, Sisitsky and      Sacks are managing members of Stonehill GP, Stonehill Management,      Stonehill Advisers, Stonehill Advisors Holdings and Stonehill Offshore      Holdings. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| (7) | Includes      fully vested options to purchase 3,000 shares of common      stock.  Excludes 7,000 shares underlying restricted stock units      granted on August 7, 2007, which vested August 7, 2008, which are      scheduled to be delivered in August 2009.  Also excludes 500      restricted stock units and options to purchase 1,000 shares of common      stock granted September 8, 2008, each of which vest on the first      anniversary of the date of grant. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| (8) | In      accordance with FMA’s internal policy, all cash and non-cash compensation      issued to Mr. Embler in connection with his service on the Board of      Directors will be distributed directly to advisory clients of FMA when so      available. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Includes      26,825 shares of common stock, and fully vested and exercisable options to      purchase 20,000 shares of common stock.  Excludes 20,000      restricted stock units granted on August 7, 2007, which vested August 7,      2008, which are scheduled to be delivered in August 2009.  Also      excludes 50,000 restricted units granted September 8, 2008,      of  which 15,000 are scheduled to vest on the anniversary of the      date of grant, 5,000 are scheduled to vest on the second anniversary of      the date of grant and 30,000 are scheduled to vest on the third      anniversary of the date of grant.  Additionally, this amount      excludes 21,000 restricted stock units that vest in 2010, 2011 and 2012      based upon the achievement of certain performance  targets. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | Includes      29,472 shares of common stock, and fully vested and exercisable options to      purchase 16,500 shares of commonstock. |
|------|--------------------------------------------------------------------------------------------------------------------------------------|

| (11) | Includes      21,041 shares of common stock, and fully vested and exercisable options to      purchase 16,500 shares of common stock.  Excludes 10,000      restricted stock units granted on August 7, 2007, which vested August 7,      2008, which are scheduled to be delivered in August 2009.  Also      excludes 35,000 restricted stock units granted September 8, 2008, of which      10,500 are scheduled to vest on the first anniversary of the date of      grant, 3,500 are scheduled to vest on the second anniversary of the date      of grant and 21,000 are scheduled to vest on the third anniversary of the      date of grant. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | Includes      23,984 shares of common stock, and fully vested and exercisable options to      purchase 32,000 shares of common stock.  Excludes 10,000      restricted stock units granted on August 7, 2007, which vested August 7,      2008, which are scheduled to be delivered in August 2009.  Also      excludes 35,000 restricted stock units granted September 8, 2008, of which      10,500 are scheduled to vest on the first anniversary of the date of      grant, 3,500 are scheduled to vest on the second anniversary of the date      of grant and 21,000 are scheduled to vest on the third anniversary of the      date of grant. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (13) | Includes      13,339 shares of common stock, and fully vested and exercisable options to      purchase 14,080 shares of common stock.  Excludes 10,000      restricted stock units granted on August 7, 2007, which vested August 7,      2008, which are scheduled to be delivered in August 2009.  Also      excludes 35,000 restricted stock units granted September 8, 2008, of which      10,500 are scheduled to vest on the first anniversary of the date of      grant, 3,500 are scheduled to vest on the second anniversary of the date      of grant and 21,000 are scheduled to vest on the third anniversary of the      date of grant. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (14) | Includes      11,839 shares of common stock, and fully vested and exercisable option to      purchase 14,080 shares of common stock.  Excludes 10,000      restricted stock units granted on August 7, 2007, which vested August 7,      2008, which are scheduled to be delivered in August 2009.  Also      excludes 35,000 restricted stock units granted September 8, 2008, of which      10,500 are scheduled to vest on the first anniversary of the date of      grant, 3,500 are scheduled to vest on the second anniversary of the date      of grant and 21,000 are scheduled to vest on the third anniversary of the      date of grant. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (15) | Includes      126,500 shares of common stock, and fully vested and exercisable options      to purchase 125,160 shares of common stock.  Excludes 88,000      restricted stock units granted on August 7, 2007, which vested August 7,      2008, which are scheduled to be delivered in August 2009.  Also      excludes 192,500 restricted stock units granted September 8, 2008, of      which 59,500 are scheduled to vest on the first anniversary of the date of      grant, 19,000 are scheduled to vest on the second anniversary of the date      of grant and 114,000 are scheduled to vest on the third anniversary of the      date of grant and 35,000 restricted stock units granted October 27, 2008,      of which 10,500 vest on November 16, 2009, 3,500 vest on November 15, 2010      and 2,000 vest on November 15,2011. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Plan category                                                           |   | Number      of Securities to be Issued Upon Exercise of Outstanding Options and      Restricted Stock Units (4) |      |   | Weighted      Average Exercise Price of Outstanding Options and Restricted Stock      Units      (1) |   |    | Number      of Securities Remaining Available for Future Issuance UnderEquity      Compensation Plan (Excluding Securities Reflected in the First      Column) |   |
|-------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------|-----------|--------|------------------------------------------------------------------------------------------------------|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Equity      compensation plan approved by security holders              |   |                                                                                                            | —   |   |                                                                                                 | $      | — |                                                                                                                                                           |   |   | — |   |
| 2003      Equity compensation plan not approved by security holders (1) |   |                                                                                                            | 611,301   |   |                                                                                                 | $      | 27.33   |                                                                                                                                                           |   |   | — | (2) |
| 2008      Equity compensation plan not approved by shareholders         |   |                                                                                                            | 389,100   | (3)    |                                                                                                 | $      | 60.00   |                                                                                                                                                           |   |   | 360,900 |   |
| Total                                                                   |   |                                                                                                            | 1,000,401 |   |                                                                                                 | $      | 27.68   |                                                                                                                                                           |   |   | 360,900 |   |

| (1) | Includes      145,250 shares of common stock underlying unvested restricted stock units.      The weighted average exercise price does not take into account the shares      to be delivered in connection with these outstanding restricted stock      units, which have no exercise price.                                                                                                                                                                                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | No      unused shares (shares that were not committed pursuant to restricted stock      units or outstanding options to purchase common shares) in this plan will      be issued in the future.                                                                                                                                                                                                                                                                                                                                                                               |
| (3) | Includes      363,100 shares of common stock underlying outstanding restricted stock      units.  Also includes 21,000 shares of common stock underlying      restricted stock units, which vest to Mr. LaPerch ratably in each of 2010,      2011 and 2012 based upon the achievement of certain performance targets      for 2009, 2010 and 2011.  The weighted average exercise price      does not take into account the shares to be delivered in connection with      these outstanding restricted stock units, which have no exercise      price.  |
| (4) | The      table above does not include warrants granted to creditors as part of the      settled bankruptcy claims, asfollows:                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

|                                    | Weighted      AverageExercise    Price |   | Total Warrants Originally      Issued |   | Warrants Cancelled as of December      31, 2008 |   | Warrants Exercised as of December      31, 2008 |   | Unexercised Warrants      Outstanding at December 31,      2008 |
|-----------------------------------------|----------------------------------------|--------|---------------------------------------|--------|-------------------------------------------------|--------|-------------------------------------------------|--------|----------------------------------------------------------------------|
| Seven year stock purchase      warrants | $24.00                                 |   | 834,658                               |   | 12                                              |   | 42,717                                          |   | 791,929                                                              |

----

----

|                    |   | 2008   |      |   | 2007   |   |
|-------------------------|--------|--------|-----------|--------|--------|--------|
| Audit      Fees         |   | $      | 1,620,000 |   |   | $      | 1,693,466 |   |
| Audit      Related Fees |   |   | —   |   |   |   | — |   |
| Tax      Fees           |   |   | 30,000    |   |   |   | 101,289 |   |
| All      Other Fees     |   |   | —   |   |   |   | — |   |
| Total                   |   | $      | 1,650,000 |   |   | $      | 1,794,755 |   |

|                              |   | Year      Incurred |    |
|-----------------------------------|--------|--------------------|---------|
|                              |   | 2009               |    |   | 2008 |   |   | 2007 |   |   | Total |   |
| Audit      Fees 2003 – 2005 |   | $                  | — |   |   | $ | — |   |   | $ | 3,891,443 |   |   | $ | 3,891,443 |   |
| Audit      Fees 2006              |   |               | — |   |   |   | 1,688,584 |   |   |   | 1,772,182 |   |   |   | 3,460,766 |   |
| Audit      Fees 2007              |   |               | — |   |   |   | 1,404,266 |   |   |   | 320,000 |   |   |   | 1,724,266 |   |
| Audit      Fees 2008              |   |               | 750,000 |   |   |   | 870,000 |   |   |   | — |   |   |   | 1,620,000 |   |
| Tax      Fees                     |   |               | — |   |   |   | 618,189 | * |   |   | 388,930 | * |   |   | 1,007,119 |   |
| All      Other Fees               |   |               | — |   |   |   | — |   |   |   | 10,850 |   |   |   | 10,850 |   |
| Total                             |   | $                  | 750,000 |   |   | $ | 4,581,039 |   |   | $ | 6,383,405 |   |   | $ | 11,714,444 |   |

|   | * | Substantially,      all of the work performed for the year ended December 31,      2006. |
|--------|---|------------------------------------------------------------------------------------------|

----

| 1. | Financial      Statements |
|----|---------------------------|

| 2. | Financial Statement      Schedules  |
|----|------------------------------------------|

| /s/   BDO      Seidman, LLP |
|--------------------------------------------|
|                                       |
| New      York, NY                          |
| March 13,    2009                          |

|                                                      |   | Column A                          |   |   | Column B                                        |   |    | Column C                                 |   |   | Column D   |   |   | Column E                    |    |
|-----------------------------------------------------------|--------|-----------------------------------|--------|--------|-------------------------------------------------|--------|---------|------------------------------------------|--------|--------|------------|--------|--------|-----------------------------|---------|
|                                                      |   |                              |   |   |                                            |   |    |                                     |   |   |       |   |   |                        |    |
|                                                      |   | Balance atbeginningof period |   |   | Additions      charged tocosts andexpenses |   |    | Additions charged to other      accounts |   |   | Deductions |   |   | Balance atend ofperiod |    |
| 2008                                                      |   |                              |   |   |                                            |   |    |                                     |   |   |       |   |   |                        |    |
| Reserve for uncollectible accounts      and sales credits |   | $                                 | 0.7    |   |                                            | $      | 0.7     |                                     |   | $      | —    |   |   | $                           | (0.1    | ) |   | $ | 1.3 |   |
| Deferred tax valuation      allowance                     |   | $                                 | 800.9  |   |                                            | $      | — |                                     |   | $      | —    |   |   | $                           | (82.8   | ) |   | $ | 718.1 |   |
| 2007                                                      |   |                              |   |   |                                            |   |    |                                     |   |   |       |   |   |                        |    |   |   |   |   |   |
| Reserve for uncollectible accounts      and sales credits |   | $                                 | 1.2    |   |                                            | $      | 0.5     |                                     |   | $      | —    |   |   | $                           | (1.0    | ) |   | $ | 0.7 |   |
| Deferred tax valuation      allowance                |   | $                                 | 809.6  |   |                                            | $      | — |                                     |   | $      | —    |   |   | $                           | (8.7    | ) |   | $ | 800.9 |   |
| 2006                                                      |   |                              |   |   |                                            |   |    |                                     |   |   |       |   |   |                        |    |   |   |   |   |   |
| Reserve for uncollectible accounts      and sales credits |   | $                                 | 1.8    |   |                                            | $      | 0.5     |                                     |   | $      | —    |   |   | $                           | (1.1    | ) |   | $ | 1.2 |   |
| Deferred tax valuation      allowance                     |   | $                                 | 729.2  |   |                                            | $      | 80.4    |                                     |   | $      | —    |   |   | $                           | — |   |   | $ | 809.6 |   |

|   | 3. | Exhibits |
|--------|----|----------|

|             |         |                                                                                                                                                                                                                                                                                                              |
|------------------|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Exhibit No. |    | Description of Exhibit                                                                                                                                                                                                                                                                                            |
|             |         |                                                                                                                                                                                                                                                                                                              |
| 3.1              |         | Amended      and Restated Certificate of Incorporation filed with the Secretary of      State of the State of Delaware on August 29, 2003 and effective as of      August 29, 2003 (incorporated herein by reference to Form 8-A filed with      the Securities and Exchange Commission on September 8,    2003). |
|             |         |                                                                                                                                                                                                                                                                                                              |
| 3.2              |         | Amended      and Restated Bylaws adopted as of September 8, 2003 (incorporated herein      by reference to Form 8-A filed with the Securities and Exchange Commission      on September 8, 2003).                                                                                                                 |
|             |         |                                                                                                                                                                                                                                                                                                              |

----

| 3.3    |   | Certificate of Designation of      Series A Junior Participating Preferred Stock (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on August 4, 2006).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.1    |   | Form of Specimen Common Stock      Certificate      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.2    |   | Standstill      Agreement dated as of August 2003, by and between Metromedia Fiber      Network, Inc., John W. Kluge, the trust established pursuant to that      certain Trust Agreement, dated May 30, 1984, as amended and restated and      supplemented, between John W. Kluge, as Grantor and Stuart Subotnick, John      W. Kluge and Chase Manhattan Bank, as Trustees and Stuart Subotnick (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.3    |   | Warrant      Agreement dated as of December 3, 2003, by and among the Registrant and      American Stock Transfer & Trust Company, as Warrant Agent (with a form      of Five Year Warrant Certificate attached thereto) (incorporated herein by      reference to Form 8-A filed with the Securities and Exchange Commission on      January 29, 2004).                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.4    |   | Warrant      Agreement dated as of December 3, 2003, by and among the Registrant and      American Stock Transfer & Trust Company, as Warrant Agent (with a form      of Seven Year Warrant Certificate attached thereto) (incorporated herein      by reference to Form 8-A filed with the Securities and Exchange Commission      on January 29, 2004).                                                                                                                                                                                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.5    |   | Registration      Rights Agreement dated as of March 1, 2004, by and among AboveNet, Inc.      and Fiber LLC, Franklin Mutual Advisers, LLC and the Trust established      pursuant to that certain Trust Agreement, dated May 30, 1984, as amended      and restated and supplemented, between John W. Kluge, as Grantor and      Stuart Subotnick, John W. Kluge and Chase Manhattan Bank, as Trustees (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.6    |   | Rights Agreement dated as of August 3,      2006, between AboveNet, Inc. and American Stock Transfer & Trust      Company, including Form of Right Certificate (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on August 4, 2006).                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.7    |   | Amendment      to Rights Agreement dated as of August 7, 2008, between      AboveNet, Inc. and American Stock Transfer & Trust Company      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on August 12, 2008).                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.8    |   | Standstill      Agreement dated as of August 7, 2008, by and among      AboveNet, Inc., JGD Management Corp., HFR ED Select Fund IV Master      Trust, Lyxor/York Fund Limited, Permal York Limited, York Capital      Management, L.P., York Credit Opportunities Fund, L.P., York Credit      Opportunities Unit Trust, York Enhanced Strategies Fund, LLC, York Global      Value Partners, L.P., York Investment Limited, York Long Enhanced Fund,      L.P., York Select, L.P., York Select Unit Trust and certain accounts      managed by JGD Management Corp. that hold securities of      AboveNet, Inc. (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on August 12,      2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.9    |   | Amendment      No. 1 to the Standstill Agreement dated as of April 25, 2008, by and among      AboveNet, Inc., John W. Kluge, that certain Fourteenth Restatement of      Trust Agreement, dated May 30, 1984, between John W. Kluge, as Grantor,      and John W. Kluge and JP Morgan Chase Bank, N.A. of New York, as original      trustees, dated April 4, 2008, Stuart Subotnick and JWK Enterprises      LLC (incorporated herein by      reference to Form 10-K for the filed with the Securities and Exchange      Commission on September 30, 2008).                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.1   |   | Agreement      of Lease dated as of December 30, 1994, by and between Hudson Telegraph      Associates L.P., as Landlord and F. Garofalo Electric Co., Inc. and      National Fiber Network, Inc., as Tenant, and Letter dated as of July 1,      2005 regarding transfer of property ownership from Hudson Telegraph      Associates, L.P. to Hudson Owner LLC (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.2   |   | Agreement      of Lease dated as of April 23, 1999, by and between 111 Eighth Avenue LLC,      as Landlord and Metromedia Fiber Network Services, Inc., as Tenant,      including amendments dated as of October 18, 2000, March 13, 2003 and      March 1, 2004 (incorporated herein by reference to Form 8-K filed with the      Securities and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.3   |   | Agreement      of Lease dated as of October 1, 1999, by and between Newport Office Center      I Co., as Landlord and Metromedia Fiber Network Services, Inc., as Tenant,      and related Right-of-Entry License Agreement and Facilities Management      License Agreement (incorporated herein by reference to Form 8-K filed with      the Securities and Exchange Commission on May 13,2008).                                                                                                                                                                                                                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.4   |   | Amended      and Restated Franchise Agreement dated as of February 28, 2000, by and      between The City of New York and Metromedia Fiber Network NYC, Inc. and      Stipulation, Agreement and Order by and among the Reorganized Debtors and      The New York City Department of Information Technology and      Telecommunications Concerning Franchise Agreement, effective January 1,      2004 and approved by the United States Bankruptcy Court on July 12, 2004      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.5   | **     | Fiber      Lease Agreement dated as of April 26, 2002, by and between Williams      Communications, LLC and Metromedia Fiber National Network, Inc., including      amendments dated as of October 10, 2002, February 14, 2003 and October 8,      2007 (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.6   | **     | Collocation      and Maintenance Agreement dated as of April 26, 2002, by and between      Williams Communications, LLC and Metromedia Fiber National Network, Inc.,      including amendments dated as of October 10, 2002 and February 14, 2003      (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                                                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.7   | *      | 2003 Incentive Stock Option and      Stock Unit Grant Plan (incorporated herein by reference to Form 10-K filed      with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

----

| 10.8   | *      | Employment      Agreement made on August 29, 2003, and effective as of the effective      date of the Second Amended Plan of Reorganization of Metromedia Fiber      Network, Inc., dated July 1, 2003, by and between AboveNet, Inc.      and William G. LaPerch, including amendments dated as of January 1, 2004      and December 30, 2005 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).   |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.9   | *      | Employment      Agreement made on August 31, 2003, and effective as of the effective      date of the Second Amended Plan of Reorganization of Metromedia Fiber      Network, Inc., dated July 1, 2003, by and between AboveNet, Inc.      and Robert J. Sokota, including amendment dated as of December 30, 2005      (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.10  | *      | Employment      Agreement made on August 31, 2003, and effective as of the effective      date of the Second Amended Plan of Reorganization of Metromedia Fiber      Network, Inc., dated July 1, 2003, by and between      AboveNet, Inc. and Michael A. Doris, including amendments dated as of      December 30, 2005 and March 4, 2008 (incorporated herein by reference to      Form 8-K filed with the Securities and Exchange Commission on March 10,      2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.11  | *      | Stock Option Agreement      dated as of September 10, 2003, by and between AboveNet, Inc. and      William G. LaPerch (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.12  | *      | Stock Option Agreement      dated as of September 10, 2003, by and between AboveNet, Inc. and      Robert J. Sokota      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.13  | *      | Stock Option Agreement      dated as of September 10, 2003, by and between AboveNet, Inc. and      Michael A. Doris, including amendment dated as of March 4, 2008      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on March 10, 2008).                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.14  | *      | Stock Unit Agreement dated      as of September 10, 2003, by and between AboveNet, Inc. and      William G. LaPerch, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.15  | *      | Stock Unit Agreement dated      as of September 10, 2003, by and between AboveNet, Inc. and      Robert J. Sokota, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.16  | *      | Stock      Unit Agreement dated as of September 10, 2003, by and between AboveNet,      Inc. and Michael A. Doris, including amendments dated as of December 30,      2005 and December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.17  | *      | Employment      Agreement dated as of September 12, 2003, by and between AboveNet, Inc.      and Rajiv Datta, including amendment dated as of December 30, 2005 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                 |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.18  | *      | Employment      Agreement dated as of September 12, 2003, by and between AboveNet, Inc.      and Douglas Jendras, including amendment dated as of December 30,      2005 (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.19  | *      | Stock Option Agreement      dated as of September 12, 2003, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.20  | *      | Stock Option Agreement      dated as of September 12, 2003, by and between AboveNet, Inc. and      Douglas M. Jendras (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.21  | *      | Stock Unit Agreement dated      as of September 12, 2003, by and between AboveNet, Inc. and      Rajiv Datta, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.22  | *      | Stock Unit Agreement dated      as of September 12, 2003, by and between AboveNet, Inc. and      Douglas M. Jendras, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.23  | *      | Stock Unit Agreement dated      as of December 19, 2003, by and between AboveNet, Inc. and      Rajiv Datta, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.24  | *      | Stock Option Agreement      dated as of May 13, 2004, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.25  | *      | Stock Option Agreement      dated as of May 13, 2004, by and between AboveNet, Inc. and      Douglas Jendras      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.26  | *      | Stock Unit Agreement dated      as of May 13, 2004, by and between AboveNet, Inc. and      Rajiv Datta, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.27  | *      | Stock Unit Agreement dated      as of May 13, 2004, by and between AboveNet, Inc. and      Douglas M. Jendras, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

----

| 10.28  | *      | Employment      Agreement dated as of June 1, 2004, by and between AboveNet, Inc. and John      Jacquay, including amendments dated as of December 30, 2005 and August 27,      2007 (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                                                                                                        |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.29  | *      | Stock Option Agreement      dated as of June 1, 2004, by and between AboveNet, Inc. and      John Jacquay (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.30  | *      | Stock Unit Agreement dated      as of June 1, 2004, by and between AboveNet, Inc. and      John Jacquay, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.31  | *      | Stock Option Agreement      dated as of December 19, 2005, by and between AboveNet, Inc. and      John Jacquay (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.32  | *      | Stock Option Agreement      dated as of December 19, 2005, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.33  | *      | Stock Option Agreement      dated as of December 19, 2005, by and between AboveNet, Inc. and      Douglas Jendras      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.34  |   | Asset      Purchase Agreement dated as of September 27, 2006, by and between AboveNet      Communications, Inc. and Digital Above, LLC (incorporated by reference to      Form 8-K filed with the Securities and Exchange Commission on October 4,      2006).                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.35  | *      | Stock      Unit Agreement dated as of August 7, 2007, by and between AboveNet, Inc.      and William LaPerch      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.36  | *      | Stock      Unit Agreement dated as of August 7, 2007, by and between AboveNet, Inc.      and Robert Sokota      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.37  | *      | Stock      Unit Agreement dated as of August 7, 2007, by and between AboveNet, Inc.      and Michael A. Doris, including amendment dated as of March 4, 2008      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on March 10, 2008).                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.38  | *      | Stock Unit Agreement dated      as of August 7, 2007, by and between AboveNet, Inc. and      John Jacquay (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.39  | *      | Stock Unit Agreement dated      as of August 7, 2007, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.40  | *      | Stock Unit Agreement dated      as of August 7, 2007, by and between AboveNet, Inc. and      Douglas Jendras      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.41  |   | Credit      and Guaranty Agreement dated as of February 29, 2008, among      AboveNet, Inc., AboveNet Communications, Inc., AboveNet of Utah,      LLC, AboveNet of VA, LLC, AboveNet International, Inc., the Lenders      party thereto, Societe Generale, as Administrative Agent, and CIT Lending      Services Corporation, as Documentation Agent (incorporated herein by      reference to Form 8-K filed with the Securities and Exchange Commission on      March 5, 2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.42  |   | Security      and Pledge Agreement dated as of February 29, 2008, among      AboveNet, Inc., AboveNet Communications, Inc., AboveNet of Utah,      LLC, AboveNet of VA, LLC, AboveNet International, Inc., and Societe      Generale, as Administrative Agent (incorporated by reference to Form 8-K      filed with the Securities and Exchange Commission on March 5,      2008).                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.43  | *      | Separation      of Employment and General Release Agreement dated as of March 4,      2008, by and between AboveNet Communications, Inc. and Michael A.      Doris (incorporated herein by reference to Form 8-K filed with the      Securities and Exchange Commission on March 10, 2008).                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.44  | *      | Consulting      Agreement dated as of March 4, 2008, between AboveNet      Communications, Inc. and Michael A. Doris (incorporated herein by      reference to Form 8-K filed with the Securities and Exchange Commission on      March 10, 2008).                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.45  | *      | AboveNet, Inc. 2008 Equity Incentive Plan      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on September 5, 2008).                                                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.46  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and William LaPerch (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.47  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and Robert Sokota (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                 |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.48  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and John Jacquay (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.49  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and Rajiv Datta (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.50  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and Douglas Jendras (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

----

| 10.51  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and William LaPerch      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                            |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.52  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and William LaPerch      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.53  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Robert Sokota      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.54  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and John Jacquay      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.55  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Rajiv Datta      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.56  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Doug Jendras      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.57  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Jeffrey A. Brodsky      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.58  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Michael Embler      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.59  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Postma      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.60  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Shorten, Jr. (incorporated herein by reference      to Form 10-K for the filed with the Securities and Exchange Commission on      September 30, 2008).                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.61  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Stuart Subotnick      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.62  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Jeffrey Brodsky      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.63  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Michael Embler      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.64  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Postma      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.65  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Shorten, Jr. (incorporated herein by reference      to Form 10-K for the filed with the Securities and Exchange Commission on      September 30, 2008).                                                                                                                                                                                                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.66  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Stuart Subotnick      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.67  |   | Waiver      and Amendment No. 1 to Credit and Guaranty Agreement dated as of September      22, 2008, among AboveNet, Inc., AboveNet Communications, Inc.,      AboveNet of Utah, LLC, AboveNet of VA, LLC, AboveNet      International, Inc., the Lenders party thereto, Societe Generale, as      Administrative Agent, and CIT Lending Services Corporation, as      Documentation Agent      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.68  |   | Joinder      Agreement dated as of October 1, 2008 by and between SunTrust Bank, the      New Lender, and Societe Generale, as Administrative Agent for the Lenders      under the Credit Agreement      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.69  | *      | Employment      Agreement, dated as of October 27, 2008, between AboveNet, Inc. and Joseph      P. Ciavarella (incorporated herein by reference to Form 8-K filed with the      Securities and Exchange Commission on October 29, 2008)                                                                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.70  |   | Consulting      Agreement, dated as of February 15, 2007, between AboveNet Communications,      Inc. and Joseph Ciavarella (incorporated herein by reference to Form 8-K      filed with the Securities and Exchange Commission on October 29,      2008)                                                                                                                                                                                                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.71  | *      | Stock      Unit Agreement, dated as of October 27, 2008, between AboveNet, Inc. and      Joseph Ciavarella (incorporated herein by reference to Form 8-K filed with      the Securities and Exchange Commission on October 29,  2008)                                                                                                                                                                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.72  |   | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and William G. LaPerch (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on October 31,      2008)                                                                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.73  |   | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and Robert J. Sokota (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on October 31,      2008)                                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |

----

| 10.74  |         | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and Rajiv Datta (incorporated herein by reference to Form 8-K filed with      the Securities and Exchange Commission on October 31,  2008)                |
|--------|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |         |                                                                                                                                                                                                                                               |
| 10.75  |         | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and Douglas Jendras (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on October 31,      2008)        |
|   |         |                                                                                                                                                                                                                                               |
| 10.76  | *            | Summary      of 2009 Bonus Plan dated February 12, 2009.                                                                                                                                                                                           |
|   |         |                                                                                                                                                                                                                                               |
| 16.1   |         | Letter from KPMG LLP to the      Securities and Exchange Commission dated August 18, 2006      (incorporated by reference from Form 8-K dated August 17, 2006 and      filed with the Securities and Exchange Commission on August 23,      2006). |
|   |         |                                                                                                                                                                                                                                               |
| 21.1   |         | Subsidiaries.                                                                                                                                                                                                                                      |
|   |         |                                                                                                                                                                                                                                               |
| 31.1   |    | Certification of Chief Executive Officer      of the Registrant, pursuant to Rule 13a-14(a) of the      Securities Exchange Act of 1934.                                                                                                           |
|   |         |                                                                                                                                                                                                                                               |
| 31.2   |    | Certification of Acting Chief Financial Officer of      Registrant, pursuant to Rule 13a-14(a) of the      Securities Exchange Act of 1934.                                                                                                        |
|   |         |                                                                                                                                                                                                                                               |
| 32.1   |    | Certification of Chief Executive Officer of      the Registrant, pursuant to 18 U.S.C.      Section 1350, as adopted, pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002.                                                              |
|   |         |                                                                                                                                                                                                                                               |
| 32.2   |         | Certification of Acting Chief Financial Officer of      Registrant, pursuant to 18 U.S.C. Section 1350, as adopted, pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002.                                                                |

|   | * | This exhibit represents a      management contract or compensatory plan or arrangement. |
|--------|---|-----------------------------------------------------------------------------------------|

|  | ** | Confidential treatment granted for      certain portions of thisexhibit. |
|--|----|--------------------------------------------------------------------------|

----

|                               |         |                                                              |
|------------------------------------|--------------|-------------------------------------------------------------------|
|                               |         | ABOVENET,    INC.                                                 |
|                               |         |                                                              |
| Date:  March 13,    2009 | By:          | /s/ William G.      LaPerch                                       |
|                               |    | William G.      LaPerchPresident and Chief Executive      Officer |

| Date:  March 13,    2009 | By:          | /s/ William G.      LaPerch                                                                                        |
|------------------------------------|--------------|--------------------------------------------------------------------------------------------------------------------|
|                               |    | William G.      LaPerchPresident, Chief Executive      Officer and      Director(Principal Executive      Officer) |

| Date:  March 13,    2009 | By:          | /s/ Joseph P.      Ciavarella                                                                                                    |
|------------------------------------|--------------|----------------------------------------------------------------------------------------------------------------------------------|
|                               |    | Joseph P.      CiavarellaSenior Vice President and      Chief Financial      Officer(Principal Financial and Accounting Officer) |

| Date:  March 13,    2009 | By:          | /s/ Jeffrey A. Brodsky     |
|------------------------------------|--------------|----------------------------|
|                               |    | Jeffrey A. BrodskyDirector |

| Date:  March 13,    2009 | By:          | /s/ Michael J. Embler     |
|------------------------------------|--------------|---------------------------|
|                               |    | Michael J. EmblerDirector |

| Date:  March 13,    2009 | By:          | /s/ Richard      Postma |
|------------------------------------|--------------|-------------------------|
|                               |    | Richard PostmaDirector  |

| Date:  March 13,    2009 | By:          | /s/ Richard Shorten, Jr.     |
|------------------------------------|--------------|------------------------------|
|                               |    | Richard Shorten, Jr.Director |

| Date:  March 13,    2009 | By:          | /s/ Stuart      Subotnick     |
|------------------------------------|--------------|-------------------------------|
|                               |    | Stuart      SubotnickDirector |

----

EXHIBIT INDEX

| Exhibit No. |    | Description of Exhibit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|------------------|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 3.1              |         | Amended      and Restated Certificate of Incorporation filed with the Secretary of      State of the State of Delaware on August 29, 2003 and effective as of      August 29, 2003 (incorporated herein by reference to Form 8-A filed with      the Securities and Exchange Commission on September 8,    2003).                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 3.2              |         | Amended      and Restated Bylaws adopted as of September 8, 2003 (incorporated herein      by reference to Form 8-A filed with the Securities and Exchange Commission      on September 8, 2003).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 3.3              |         | Certificate of Designation of      Series A Junior Participating Preferred Stock (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on August 4, 2006).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.1              |         | Form of Specimen Common Stock      Certificate      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.2              |         | Standstill      Agreement dated as of August 2003, by and between Metromedia Fiber      Network, Inc., John W. Kluge, the trust established pursuant to that      certain Trust Agreement, dated May 30, 1984, as amended and restated and      supplemented, between John W. Kluge, as Grantor and Stuart Subotnick, John      W. Kluge and Chase Manhattan Bank, as Trustees and Stuart Subotnick (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.3              |         | Warrant      Agreement dated as of December 3, 2003, by and among the Registrant and      American Stock Transfer & Trust Company, as Warrant Agent (with a form      of Five Year Warrant Certificate attached thereto) (incorporated herein by      reference to Form 8-A filed with the Securities and Exchange Commission on      January 29, 2004).                                                                                                                                                                                                                                                                                                                                                                                                    |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.4              |         | Warrant      Agreement dated as of December 3, 2003, by and among the Registrant and      American Stock Transfer & Trust Company, as Warrant Agent (with a form      of Seven Year Warrant Certificate attached thereto) (incorporated herein      by reference to Form 8-A filed with the Securities and Exchange Commission      on January 29, 2004).                                                                                                                                                                                                                                                                                                                                                                                                   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.5              |         | Registration      Rights Agreement dated as of March 1, 2004, by and among AboveNet, Inc.      and Fiber LLC, Franklin Mutual Advisers, LLC and the Trust established      pursuant to that certain Trust Agreement, dated May 30, 1984, as amended      and restated and supplemented, between John W. Kluge, as Grantor and      Stuart Subotnick, John W. Kluge and Chase Manhattan Bank, as Trustees (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                           |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.6              |         | Rights Agreement dated as of August 3,      2006, between AboveNet, Inc. and American Stock Transfer & Trust      Company, including Form of Right Certificate (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on August 4, 2006).                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.7              |         | Amendment      to Rights Agreement dated as of August 7, 2008, between      AboveNet, Inc. and American Stock Transfer & Trust Company      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on August 12, 2008).                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.8              |         | Standstill      Agreement dated as of August 7, 2008, by and among      AboveNet, Inc., JGD Management Corp., HFR ED Select Fund IV Master      Trust, Lyxor/York Fund Limited, Permal York Limited, York Capital      Management, L.P., York Credit Opportunities Fund, L.P., York Credit      Opportunities Unit Trust, York Enhanced Strategies Fund, LLC, York Global      Value Partners, L.P., York Investment Limited, York Long Enhanced Fund,      L.P., York Select, L.P., York Select Unit Trust and certain accounts      managed by JGD Management Corp. that hold securities of      AboveNet, Inc. (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on August 12,      2008). |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 4.9              |         | Amendment      No. 1 to the Standstill Agreement dated as of April 25, 2008, by and among      AboveNet, Inc., John W. Kluge, that certain Fourteenth Restatement of      Trust Agreement, dated May 30, 1984, between John W. Kluge, as Grantor,      and John W. Kluge and JP Morgan Chase Bank, N.A. of New York, as original      trustees, dated April 4, 2008, Stuart Subotnick and JWK Enterprises      LLC (incorporated herein by      reference to Form 10-K for the filed with the Securities and Exchange      Commission on September 30, 2008).                                                                                                                                                                                                   |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.1             |         | Agreement      of Lease dated as of December 30, 1994, by and between Hudson Telegraph      Associates L.P., as Landlord and F. Garofalo Electric Co., Inc. and      National Fiber Network, Inc., as Tenant, and Letter dated as of July 1,      2005 regarding transfer of property ownership from Hudson Telegraph      Associates, L.P. to Hudson Owner LLC (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                                                    |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.2             |         | Agreement      of Lease dated as of April 23, 1999, by and between 111 Eighth Avenue LLC,      as Landlord and Metromedia Fiber Network Services, Inc., as Tenant,      including amendments dated as of October 18, 2000, March 13, 2003 and      March 1, 2004 (incorporated herein by reference to Form 8-K filed with the      Securities and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                                                                                                                         |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.3             |         | Agreement      of Lease dated as of October 1, 1999, by and between Newport Office Center      I Co., as Landlord and Metromedia Fiber Network Services, Inc., as Tenant,      and related Right-of-Entry License Agreement and Facilities Management      License Agreement (incorporated herein by reference to Form 8-K filed with      the Securities and Exchange Commission on May 13,2008).                                                                                                                                                                                                                                                                                                                                                              |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.4             |         | Amended      and Restated Franchise Agreement dated as of February 28, 2000, by and      between The City of New York and Metromedia Fiber Network NYC, Inc. and      Stipulation, Agreement and Order by and among the Reorganized Debtors and      The New York City Department of Information Technology and      Telecommunications Concerning Franchise Agreement, effective January 1,      2004 and approved by the United States Bankruptcy Court on July 12, 2004      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                          |
|             |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

----

| 10.5   | **     | Fiber      Lease Agreement dated as of April 26, 2002, by and between Williams      Communications, LLC and Metromedia Fiber National Network, Inc., including      amendments dated as of October 10, 2002, February 14, 2003 and October 8,      2007 (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                         |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.6   | **     | Collocation      and Maintenance Agreement dated as of April 26, 2002, by and between      Williams Communications, LLC and Metromedia Fiber National Network, Inc.,      including amendments dated as of October 10, 2002 and February 14, 2003      (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.7   | *      | 2003 Incentive Stock Option and      Stock Unit Grant Plan (incorporated herein by reference to Form 10-K filed      with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.8   | *      | Employment      Agreement made on August 29, 2003, and effective as of the effective      date of the Second Amended Plan of Reorganization of Metromedia Fiber      Network, Inc., dated July 1, 2003, by and between AboveNet, Inc.      and William G. LaPerch, including amendments dated as of January 1, 2004      and December 30, 2005 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.9   | *      | Employment      Agreement made on August 31, 2003, and effective as of the effective      date of the Second Amended Plan of Reorganization of Metromedia Fiber      Network, Inc., dated July 1, 2003, by and between AboveNet, Inc.      and Robert J. Sokota, including amendment dated as of December 30, 2005      (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.10  | *      | Employment      Agreement made on August 31, 2003, and effective as of the effective      date of the Second Amended Plan of Reorganization of Metromedia Fiber      Network, Inc., dated July 1, 2003, by and between      AboveNet, Inc. and Michael A. Doris, including amendments dated as of      December 30, 2005 and March 4, 2008 (incorporated herein by reference to      Form 8-K filed with the Securities and Exchange Commission on March 10,      2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.11  | *      | Stock Option Agreement      dated as of September 10, 2003, by and between AboveNet, Inc. and      William G. LaPerch (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.12  | *      | Stock Option Agreement      dated as of September 10, 2003, by and between AboveNet, Inc. and      Robert J. Sokota      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.13  | *      | Stock Option Agreement      dated as of September 10, 2003, by and between AboveNet, Inc. and      Michael A. Doris, including amendment dated as of March 4, 2008      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on March 10, 2008).                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.14  | *      | Stock Unit Agreement dated      as of September 10, 2003, by and between AboveNet, Inc. and      William G. LaPerch, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.15  | *      | Stock Unit Agreement dated      as of September 10, 2003, by and between AboveNet, Inc. and      Robert J. Sokota, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.16  | *      | Stock      Unit Agreement dated as of September 10, 2003, by and between AboveNet,      Inc. and Michael A. Doris, including amendments dated as of December 30,      2005 and December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.17  | *      | Employment      Agreement dated as of September 12, 2003, by and between AboveNet, Inc.      and Rajiv Datta, including amendment dated as of December 30, 2005 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                 |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.18  | *      | Employment      Agreement dated as of September 12, 2003, by and between AboveNet, Inc.      and Douglas Jendras, including amendment dated as of December 30,      2005 (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.19  | *      | Stock Option Agreement      dated as of September 12, 2003, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.20  | *      | Stock Option Agreement      dated as of September 12, 2003, by and between AboveNet, Inc. and      Douglas M. Jendras (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.21  | *      | Stock Unit Agreement dated      as of September 12, 2003, by and between AboveNet, Inc. and      Rajiv Datta, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.22  | *      | Stock Unit Agreement dated      as of September 12, 2003, by and between AboveNet, Inc. and      Douglas M. Jendras, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.23  | *      | Stock Unit Agreement dated      as of December 19, 2003, by and between AboveNet, Inc. and      Rajiv Datta, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.24  | *      | Stock Option Agreement      dated as of May 13, 2004, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13,2008).                                                                                                                                                                                                                                                         |

----

| 10.25  | *      | Stock Option Agreement      dated as of May 13, 2004, by and between AboveNet, Inc. and      Douglas Jendras      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.26  | *      | Stock Unit Agreement dated      as of May 13, 2004, by and between AboveNet, Inc. and      Rajiv Datta, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.27  | *      | Stock Unit Agreement dated      as of May 13, 2004, by and between AboveNet, Inc. and      Douglas M. Jendras, including amendments dated as of December 30, 2005 and      December 30, 2006 (incorporated herein by reference      to Form 10-K filed with the Securities and Exchange Commission on May 13,      2008).                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.28  | *      | Employment      Agreement dated as of June 1, 2004, by and between AboveNet, Inc. and John      Jacquay, including amendments dated as of December 30, 2005 and August 27,      2007 (incorporated herein by      reference to Form 10-K filed with the Securities and Exchange Commission      on May 13, 2008).                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.29  | *      | Stock Option Agreement      dated as of June 1, 2004, by and between AboveNet, Inc. and      John Jacquay (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.30  | *      | Stock Unit Agreement dated      as of June 1, 2004, by and between AboveNet, Inc. and      John Jacquay, including amendments dated as of December 30, 2005 and      December 30, 2006      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.31  | *      | Stock Option Agreement      dated as of December 19, 2005, by and between AboveNet, Inc. and      John Jacquay (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.32  | *      | Stock Option Agreement      dated as of December 19, 2005, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.33  | *      | Stock Option Agreement      dated as of December 19, 2005, by and between AboveNet, Inc. and      Douglas Jendras      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.34  |   | Asset      Purchase Agreement dated as of September 27, 2006, by and between AboveNet      Communications, Inc. and Digital Above, LLC (incorporated by reference to      Form 8-K filed with the Securities and Exchange Commission on October 4,      2006).                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.35  | *      | Stock      Unit Agreement dated as of August 7, 2007, by and between AboveNet, Inc.      and William LaPerch      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.36  | *      | Stock      Unit Agreement dated as of August 7, 2007, by and between AboveNet, Inc.      and Robert Sokota      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.37  | *      | Stock      Unit Agreement dated as of August 7, 2007, by and between AboveNet, Inc.      and Michael A. Doris, including amendment dated as of March 4, 2008      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on March 10, 2008).                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.38  | *      | Stock Unit Agreement dated      as of August 7, 2007, by and between AboveNet, Inc. and      John Jacquay (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.39  | *      | Stock Unit Agreement dated      as of August 7, 2007, by and between AboveNet, Inc. and      Rajiv Datta (incorporated      herein by reference to Form 10-K filed with the Securities and Exchange      Commission on May 13, 2008).                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.40  | *      | Stock Unit Agreement dated      as of August 7, 2007, by and between AboveNet, Inc. and      Douglas Jendras      (incorporated herein by reference to Form 10-K filed with the Securities      and Exchange Commission on May 13, 2008).                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.41  |   | Credit      and Guaranty Agreement dated as of February 29, 2008, among      AboveNet, Inc., AboveNet Communications, Inc., AboveNet of Utah,      LLC, AboveNet of VA, LLC, AboveNet International, Inc., the Lenders      party thereto, Societe Generale, as Administrative Agent, and CIT Lending      Services Corporation, as Documentation Agent (incorporated herein by      reference to Form 8-K filed with the Securities and Exchange Commission on      March 5, 2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.42  |   | Security      and Pledge Agreement dated as of February 29, 2008, among      AboveNet, Inc., AboveNet Communications, Inc., AboveNet of Utah,      LLC, AboveNet of VA, LLC, AboveNet International, Inc., and Societe      Generale, as Administrative Agent (incorporated by reference to Form 8-K      filed with the Securities and Exchange Commission on March 5,      2008).                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.43  | *      | Separation      of Employment and General Release Agreement dated as of March 4,      2008, by and between AboveNet Communications, Inc. and Michael A.      Doris (incorporated herein by reference to Form 8-K filed with the      Securities and Exchange Commission on March 10, 2008).                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.44  | *      | Consulting      Agreement dated as of March 4, 2008, between AboveNet      Communications, Inc. and Michael A. Doris (incorporated herein by      reference to Form 8-K filed with the Securities and Exchange Commission on      March 10, 2008).                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.45  | *      | AboveNet, Inc. 2008 Equity Incentive Plan      (incorporated herein by reference to Form 8-K filed with the Securities      and Exchange Commission on September 5, 2008).                                                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 10.46  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and William LaPerch (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                               |

----

| 10.47  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and Robert Sokota (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                                                                   |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.48  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and John Jacquay (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.49  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and Rajiv Datta (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.50  | *      | Employment      Agreement effective as of September 2, 2008, by and between AboveNet, Inc.      and Douglas Jendras (incorporated herein      by reference to Form 8-K filed with the Securities and Exchange Commission      on September 11, 2008).                                                                                                                                                                                                                                                                                                 |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.51  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and William LaPerch      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.52  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and William LaPerch      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.53  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Robert Sokota      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.54  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and John Jacquay      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.55  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Rajiv Datta      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.56  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Doug Jendras      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.57  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Jeffrey A. Brodsky      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.58  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Michael Embler      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.59  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Postma      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.60  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Shorten, Jr. (incorporated herein by reference      to Form 10-K for the filed with the Securities and Exchange Commission on      September 30, 2008).                                                                                                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.61  | *      | Stock      Unit Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Stuart Subotnick      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.62  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Jeffrey A. Brodsky      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.63  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Michael Embler      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.64  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Postma      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.65  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Richard Shorten, Jr. (incorporated herein by reference      to Form 10-K for the filed with the Securities and Exchange Commission on      September 30, 2008).                                                                                                                                                                                                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.66  | *      | Stock      Option Agreement dated as of September 8, 2008, by and between AboveNet,      Inc. and Stuart Subotnick      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.67  |   | Waiver      and Amendment No. 1 to Credit and Guaranty Agreement dated as of September      22, 2008, among AboveNet, Inc., AboveNet Communications, Inc.,      AboveNet of Utah, LLC, AboveNet of VA, LLC, AboveNet      International, Inc., the Lenders party thereto, Societe Generale, as      Administrative Agent, and CIT Lending Services Corporation, as      Documentation Agent      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008). |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.68  |   | Joinder      Agreement dated as of October 1, 2008 by and between SunTrust Bank, the      New Lender, and Societe Generale, as Administrative Agent for the Lenders      under the Credit Agreement      (incorporated herein by reference to Form 10-K for the filed with the      Securities and Exchange Commission on September 30,      2008).                                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.69  | *      | Employment      Agreement, dated as of October 27, 2008, between AboveNet, Inc. and Joseph      P. Ciavarella (incorporated herein by reference to Form 8-K filed with the      Securities and Exchange Commission on October 29, 2008)                                                                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |

----

| 10.70  |         | Consulting      Agreement, dated as of February 15, 2007, between AboveNet Communications,      Inc. and Joseph Ciavarella (incorporated herein by reference to Form 8-K      filed with the Securities and Exchange Commission on October 29,      2008) |
|--------|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |         |                                                                                                                                                                                                                                                      |
| 10.71  | *            | Stock      Unit Agreement, dated as of October 27, 2008, between AboveNet, Inc. and      Joseph Ciavarella (incorporated herein by reference to Form 8-K filed with      the Securities and Exchange Commission on October 29,  2008)                     |
|   |         |                                                                                                                                                                                                                                                      |
| 10.72  |         | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and William G. LaPerch (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on October 31,      2008)            |
|   |         |                                                                                                                                                                                                                                                      |
| 10.73  |         | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and Robert J. Sokota (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on October 31,      2008)              |
|   |         |                                                                                                                                                                                                                                                      |
| 10.74  |         | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and Rajiv Datta (incorporated herein by reference to Form 8-K filed with      the Securities and Exchange Commission on October 31,  2008)                       |
|   |         |                                                                                                                                                                                                                                                      |
| 10.75  |         | Stock      Purchase Agreement, dated as of October 28, 2008, between AboveNet, Inc.      and Douglas Jendras (incorporated herein by reference to Form 8-K filed      with the Securities and Exchange Commission on October 31,      2008)               |
|   |         |                                                                                                                                                                                                                                                      |
| 10.76  | *            | Summary      of 2009 Bonus Plan dated February 12, 2009.                                                                                                                                                                                             |
|   |         |                                                                                                                                                                                                                                                      |
| 16.1   |         | Letter from KPMG LLP to the      Securities and Exchange Commission dated August 18, 2006      (incorporated by reference from Form 8-K dated August 17, 2006 and      filed with the Securities and Exchange Commission on August 23,      2006).        |
|   |         |                                                                                                                                                                                                                                                      |
| 21.1   |         | Subsidiaries.                                                                                                                                                                                                                                             |
|   |         |                                                                                                                                                                                                                                                      |
| 31.1   |    | Certification of Chief Executive Officer      of the Registrant, pursuant to Rule 13a-14(a) of the      Securities Exchange Act of 1934.                                                                                                                  |
|   |         |                                                                                                                                                                                                                                                      |
| 31.2   |    | Certification of Acting Chief Financial Officer of      Registrant, pursuant to Rule 13a-14(a) of the      Securities Exchange Act of 1934.                                                                                                               |
|   |         |                                                                                                                                                                                                                                                      |
| 32.1   |    | Certification of Chief Executive Officer of      the Registrant, pursuant to 18 U.S.C.      Section 1350, as adopted, pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002.                                                                     |
|   |         |                                                                                                                                                                                                                                                      |
| 32.2   |         | Certification of Acting Chief Financial Officer of      Registrant, pursuant to 18 U.S.C. Section 1350, as adopted, pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002.                                                                       |

|   | * | This exhibit represents a      management contract or compensatory plan or arrangement. |
|--------|---|-----------------------------------------------------------------------------------------|

|  | ** | Confidential treatment granted for      certain portions of thisexhibit. |
|--|----|--------------------------------------------------------------------------|

----