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GlobeNet Named Winner in the 2012 Hot Companies and Best Products Awards by Network Products Guide

GlobeNet's Ultra-Low Latency Trading Connection to Brazil Wins "Suitable for Latin America" Category (May 22, 2012)

BOCA RATON, FL -- (Marketwire) -- 05/22/12 -- GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi, announces today that Network Products Guide, industry's leading technology research and advisory guide, has named GlobeNet a winner of the 7th Annual 2012 Hot Companies and Best Products Awards for its Ultra-Low Latency Trading Connection to Brazil, in the 'Suitable for Latin America' category. These industry and peer awards from Network Products Guide are the world's premier information technology awards, honoring achievements and recognitions in every facet of the IT industry.

GlobeNet's ultra-low latency trading connection to Brazil is the fastest available to BM&F BOVESPA, the leading financial exchange in Latin America. The connection was created in response to an increasing demand from customers to quickly leverage Latin America's emerging market opportunities. The connection links BM&F BOVESPA in Sao Paulo to NASDAQ in New York/New Jersey, and routes to major global exchanges including NYSE, CME, BATS, LSE, Deutsche Borse and Eurex.

"GlobeNet's Ultra-Low-Latency solution ensures secure and seamless cross-border transactions for financial firms including High Frequency Traders," states Eduardo Muller, North American Sales Director of GlobeNet. "Our network allows us to offer our clients ultra fast connectivity into key emerging marketplaces, such as BM&F BOVESPA."

"GlobeNet is honored to be named the winner by Network Products Guide in the 'Suitable for Latin America' category, as this is an esteemed industry and peer award," comments Erick W. Contag, Chief Operating Officer of GlobeNet. "Our ultra-low latency connection creates opportunities for those looking to increase their exposure to Latin America, and to diversify their product portfolio."


About GlobeNet

GlobeNet provides International capacity between North and South America over a dual ring-protected submarine cable system serving Brazil, Bermuda, Colombia, the U.S.A., and Venezuela. Covering a distance of more than 22,000 kilometers, this sophisticated submarine cable network system is fully redundant and offers the lowest latency available between the Americas. The network links cable landing stations in Tuckerton, NJ and Boca Raton, FL, USA, with cable landing stations in Fortaleza (CE) and Rio de Janeiro (RJ), Brazil, St. David's, Bermuda as well as Maiquetía (Caracas) Venezuela. GlobeNet is a wholly owned subsidiary of Brazilian full-service telecommunications provider Oi.

About Network Products Guide Awards

As industry's leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com.

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For GlobeNet media inquiries, please contact:
Jaymie Scotto & Associates
+1.866.695.3629
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Related Keywords: low latency network, wholesale carrier, BOVESPA, technology award, Ethernet, financial firms, subsea, Sales, Sales & Marketing, Business Issues, Sales, Sales, USA, Brazil, Marketwire, , IT (Information Technology), Financial, Computer Science, Business,

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