SAN FRANCISCO, CALIFORNIA – July 15, 2005 – Yipes Enterprise Services, Inc. (www.yipes.com), the pioneer in managed, end-to-end Ethernet solutions, today announced that it has begun service expansion into Boston with a new downtown point-of-presence (POP), scheduled to be operational by the end of Q3 2005.

 

Yipes said the expansion, in large part, reflects the Company’s continued success in meeting the needs of the financial services vertical. In April, Yipes launched FinancialConnect!, a scalable network solution that provides banks, brokers, hedge funds, institutional investors and investment managers with simple, scalable and cost-effective access to the largest financial Exchanges, Electronic Communication Networks, liquidity pools and trading platforms.

 

“Boston is an outstanding, high-growth location for Yipes, and we are very pleased to come in strong with a deploy our first POP in such close proximity to the city’s financial center,” said Keao Caindec, Yipes vice president of marketing. “Boston’s world-class strengths in financial servicese, education, technology and healthcare match well with our strengths as an organizationthe vertical industries we serve. As a result, we believe our experience, unique scalability and cost advantages will make Yipes a highly attractive option in the marketplace.”

 

“Private, secure network connectivity between all of our offices is imperative to our business,” stated Mark Swensen, Director of Networking for the Schonfeld Group, which specializes in electronic trading and processes about 500,000 executions per day. “With Yipes, we have extended our Ethernet network securely across six locations, in different metro markets, with complete central office diversity. These needs at our new Boston office made Yipes the perfect fit for this location. We are very pleased with Yipes and are happy we selected their services in Boston.”

 

Boston is being added to Yipes’ existing footprint, seamlessly providing a full suite of Ethernet solutions for linking offices within a metro, inter-metro and gobal solutions or across metros. Yipes currently serves 128 cities worldwide and in June, announced a new international POP in London. With network reach to most major cities in Europe, Yipes currently serves customers in London, Paris, Brussels and Frankfurt. Yipes’ global expansion plans include Asia and Latin America.

 

About Yipes:
Winner of the Metro Ethernet Forum 2005 Service Provider of the Year Award for Outstanding Innovation, Yipes Enterprise Services, Inc. is the leading global provider of managed, end-to-end Ethernet solutions for enterprise customers. Yipes offers a uniquely scalable suite of networking services that combine the speed, simplicity and cost effectiveness of native Ethernet with Yipes’ proprietary bandwidth-on-demand functionality. Yipes provides services in and between major metropolitan markets throughout the United States and the UK including: New York, Los Angeles, Washington DC, San Francisco, San Jose, Chicago, Philadelphia, Dallas, Houston, Seattle, Denver, San Diego, Miami and London. For more information, visit www.yipes.com.

 

Contact:
Don Hunt, Kelly Smallegan-Maas
Lambert, Edwards & Associates, Inc.
616 233 0500 phone
mail@lambert-edwards.com