FiberNet CEO to Participate in Panel Discussion at 'Capacity USA 2005' on 'Investment Opportunities in the US Telecommunications

FiberNet CEO to Participate in Panel Discussion at 'Capacity USA
2005' on 'Investment Opportunities in the US Telecommunications Sector for
2005' 


NEW YORK, June 10  /PRNewswire-FirstCall/ -- On June 15, 2005, Jon A. DeLuca,
President and CEO of FiberNet Telecom Group, Inc. (NASDAQ:FTGXD), a leading
provider of complex metro data services, will participate in a panel discussion
at "Capacity USA 2005" on the topic "Investment Opportunities in the US
Telecommunications Sector for 2005." Held on June 14-15, 2005 at the Marriott
Marquis Hotel in New York, Capacity USA 2005 is a leading telecom conference,
bringing together the strategic decision makers from carriers, service
providers and large enterprise companies.

Mr. DeLuca will focus on the outlook for change as related to mergers &
acquisitions and industry consolidation. Additionally, he will discuss the
qualities of successful business models that are able to attract investment
capital.  The panel will also discuss investment opportunities in the telecom
sector, new technologies and applications driving demand in the industry.

Mr. DeLuca brings an enormous amount of expertise from his tenure at FiberNet
and his previous experience in investment banking at Bear Stearns and Lazard
Freres.

About FiberNet Telecom Group, Inc.:

FiberNet Telecom Group, Inc. owns and operates integrated colocation facilities
and diverse transport routes in the two gateway markets of New York/New Jersey
and Los Angeles, designed to provide comprehensive broadband connectivity to
other telecommunications service providers and enterprise customers for data,
voice and video transmissions. For additional information about FiberNet, visit
the Company's website at http://www.ftgx.com/.

Various remarks that we may make about FiberNet's future expectations, plans
and prospects constitute forward-looking statements for purposes of the safe
harbor provisions under The Private Securities Litigation Reform Act of 1995. 
Such remarks are valid only as of today, and we disclaim any obligation to
update this information. Actual results may differ materially from those
indicated by these forward-looking statements as a result of various important
factors, including those discussed in FiberNet's most recent Annual Report on
Form 10-K, which is on file with the Securities and Exchange Commission. 

DATASOURCE: FiberNet Telecom Group, Inc.



CONTACT:  Norma I. Salcido, FiberNet Telecom Group Inc., [phone],

; Ben Billingsley, CooperKatz & Co. for FiberNet,

[phone],  



Web site:  http://www.ftgx.com/ 

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