Perseus Telecom becomes COLT Telecommunications Network Consultant and opens up Europe to North American customers

Perseus Telecom has been awarded COLT Network Consultant status bringing the full array of products and services to the Perseus Trans-Atlantic customer base and providing a significant partnership for next generation solutions

19 July 2008 - New York

Perseus Telecom, leading broker to USA and European companies, and COLT Telecommunications, a leading European provider of business communications, today announced that Perseus Telecom was awarded Authorised COLT Network Consultant (CNC) status.

"This is a significant step for us as we are able to provide access to COLT's extensive European network to businesses in North America," says Dr Jock Percy, Managing Director, Perseus Telecom "furthermore it allows us to provide a 'best of breed' alternative to country PTT's."

Trans-Atlantic telecommunications are not new (the first cable was delivered in 1866), but seamless connection to extensive networks on both sides of the ocean is a compelling event for many companies wanting to do more business both sides of the ocean.

"As the Authorised COLT Network Consultants in North America we can throw open the doors to Europe for our Customers. We discovered a large number of companies who saw Europe as a great market opportunity, but realistically only went there on holiday. With seamless telecommunications it is now simple to run a business, desk or branch in Europe" says Dr Percy.

This agreement is central to Perseus Telecom's customer strategy and provides a seamless customer experience to businesses on both sides of the Atlantic Ocean. Perseus Telecom customers benefit as a result of greater choice, simplicity of solution, provider diversity and flexibility in communications and managed services.

About Perseus Telecom

Perseus Telecom was founded to better serve trans-Atlantic businesses in North America and Europe. Companies which require fast, focused attention and dynamic service. Perseus Telecom is a trusted partner to multiple Technology Partners. These partners entrust the sale of their products and services by Perseus Telecom due integrity, efficiency and their ability to serve customers efficiently as Authorised Agents.

The company is run by a team with many years experience in major Tier 1 carrier companies and has a strong network of influence in mainstream business, finance, law and telecoms sectors. With presence in London, Dublin and New York Perseus Telecom delivers service to customers which need to connect their business units, offices, trading desk and to markets across Europe and North America.

For more information on Perseus Telecom go to www.perseustelecom.com


About COLT

COLT is a leading European provider of business communications.

COLT specialises in providing data, voice and managed services to major businesses, SMEs and wholesale customers.

COLT owns and operates a 13-country, 25,000km network that includes metropolitan area networks in 34 major European cities with direct fibre connections into 15,000 buildings and 18 COLT data centres. COLT Telecom Group S.A. is listed on the London Stock Exchange (COLT).

Information about COLT and its services can be found at www.colt.net