Colt Technology Services Gains Access to Key U.S. Financial Hubs Through Sidera’s Network

New York – May 31, 2011 – Sidera Networks, the premier provider of fiber optic-based network solutions, today announced it is providing high-speed connectivity to Colt (LSE: COLT), Europe’s leading information delivery platform, enabling the provider to access the US market with direct, ultra low-latency connectivity to the New York and Chicago metropolitan areas.

Colt’s managed network reaches more of Europe than any other provider, offering direct-line connectivity to more than 17,000 buildings in 38 major European cities. Colt chose Sidera to access the US market because of its unmatched ultra low-latency connectivity, unique routes and the team’s dedication to working with its customers to achieve optimal business performance, supported by industry-leading Service Level Agreements (SLAs).

“We’ve had presence in the US market for a number of years now, with a strong focus on addressing growing customer demand for connectivity in leading metro areas such as Chicago, Boston, Newark and New York,” said Jaap Zuiderveld, Vice President of Direct Sales, Enterprise Services at Colt Technology Services. “Sidera’s ultra low-latency connectivity and unique routes enable us to offer complete, end-to-end solution with the reliability and scalability our clients demand.”

“This solution and our capabilities are a perfect fit for Colt’s needs in the US market, as our network is uniquely designed for the financial services industry,” said Mike Sicoli, CEO of Sidera Networks. “Moving forward, we will also be seeking ways to leverage Colt’s network to allow our customers to reach key metro areas throughout Europe.  This business relationship is a win-win for both organizations.”

About Sidera Networks
Sidera Networks, LLC. www.sidera.net, is the premier provider of tailored, high capacity communications services that ensure optimal business performance to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, Wavelength, Internet Access, Colocation and more. With a fiber optic network leveraging unique rights-of-way that spans from Maine to Virginia, out to Chicago and up to Toronto, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support.

About Colt Technology Services
Colt is Europe’s leading information delivery platform, enabling its customers to deliver, share, process and store their vital business information. An established leader in delivering integrated computing and network services to major organizations, midsized businesses and wholesale customers, Colt operates a 21-country, 33,000km network that includes metropolitan area networks in 38 major European cities with direct fiber connections into 17,000 buildings and 19 Colt data centers.

In 2010, the Colt Data Centre Services business was launched to deliver innovative high quality modular data centers, which are rapid to deploy and power efficient.

Colt is listed on the London Stock Exchange (COLT). Information about Colt and its services can be found