eXchange @ 200 Paul Grows in H1

SAN FRANCISCO -- eXchange @ 200 Paul, the first premier marketplace combining the most advanced carrier hotel and colocation facilities for network providers and enterprises, announced significant growth for its carrier hotel and colocation services in the first half of 2003. Highlights include expansion of its second San Francisco Bay area carrier hotel facility in Santa Clara, CA, an expanded choice of high speed network and services at both facilities, exponential growth in its colocation business and continued financial stability and growth.

According to Lydia Leong, principal analyst at Gartner Inc., "Amidst these difficult economic conditions, the most successful colocation providers will be the ones that can provide superior customer service, highly-reliable operations, high-quality facilities in desirable locations and an attractive array of partners."

Growth in eXchange @ 200 Paul's colocation and carrier hotel services includes:

"eXchange @ 200 Paul continues to grow stronger demonstrating our stability and growth in the carrier hotel and colocation industries," said John Wilson, CEO and president of eXchange @ 200 Paul. "In the past 12 months, we have maintained strong positive cash flow, reduced our debt and remain fully funded to support future capital investments. We are bullish on our prospects for the remainder of 2003 and beyond as we maintain our commitment to providing network providers and enterprises with the optimal carrier-neutral marketplace for bandwidth connectivity."

eXchange @ 200 Paul