Arbinet Gets Flowphonics

NEW BRUNSWICK, N.J. -- Arbinet-thexchange, Inc. (Nasdaq: ARBX), the leading provider of solutions to simplify the exchange of digital communications, today announced the acquisition of Flowphonics, Ltd. Terms of the transaction were not disclosed.

Flowphonics offers a license management platform for intellectual property rights and digital content distribution through its patented Rightsrouter® system. It currently enables music and video rights owners to locate, transact, distribute, and manage their content with many of the world's major online and mobile retail services including iTunes, Rhapsody, Napster and Beatport.

Curt Hockemeier, Arbinet President and Chief Executive Officer, explains, "Content licensing exhibits the same high degree of fragmentation, lack of transparency and time consuming manual negotiation process we saw in telecommunications. Simplifying the way rights are discovered, licensed, digitally distributed, with rights owners getting paid timely is of growing importance and a key element of our digital media strategy."

Arbinet-thexchange Inc. (Nasdaq: ARBX)