WASHINGTON -- Cogent Communications Group, Inc. (AMEX: COI), a Tier One, optical Internet service provider, announced today the launch of a new pre-paid, low-cost product for service provider customers. For only $1,000 a month, Cogent’s new 10 Megabit connections are designed for small- to medium-sized service providers who do not have long-term credit histories, but who need high quality Internet access at an affordable price. Making the product available on a pre-paid basis enables Cogent customers to initiate service more quickly and easily than through other ISPs.

“Only $1,000 for 10Mb will carry significant appeal to the small operators. Not only will they get Tier 1 Internet access from one of the most reliable ISPs in the country, they also get the lowest price per megabit in over 200 colocation facilities across the United States,” said Bruce Wagner, Vice President of Sales for Cogent.

“Cogent’s technologically advanced network combined with end-to-end network ownership gives our customers unparalleled performance and reliability,” Brad Kummer, CTO of Cogent. “By adding a pre-paid service option, Cogent is giving customers and prospects greater flexibility in their choice for Internet access.”

The Prepay 10 Megabit service will be available in over 200 carrier-neutral colocation centers across the United States. Some of the top colocation centers in the country that provide access to Cogent’s radically priced, quality driven Internet service include Navisite, Equinix, PAIX , LayerOne and Switch & Data to name a few.

Specific terms of the offer will be posted on Cogent’s website at www.cogentco.com/products/prepay within 30 days. Details are available to the media upon request.

Cogent Communications Group Inc.