In the Race to Zero Latency In High Frequency Trading

SAN DIEGO, Jan. 31, 2012 (GLOBE NEWSWIRE) -- NeXXCom Wireless is
deploying ultra low latency microwave radio technology that effectively
cuts more than 3 milliseconds (mS) from the fastest fiber networks on
the major financial trading path between the financial centers of
Chicago and New Jersey. "Today we are below 10mS round trip which is a
significant improvement for High Frequency Trading, with further
product improvements we expect to approach within 1mS of the speed of
light," says Sal S. Benti, Chairman & Founder of NeXXCom Wireless.

"As NeXXCom Wireless has recently joined the Dark Fiber Community, the
industry is now aware of its wireless technology advancements for ultra
low latency networks," states Hunter Newby, CEO of Allied Fiber and
Founder of the Dark Fiber Community. "Fiber and microwave compliment
each other in many areas including HFT and mobile backhaul for LTE and
other technologies. For HFT, fiber offers the highest levels of
aggregate bit capacity whereas for ultra low latency microwave offers
speed advantages with sufficient bandwidth to be most effective for
certain HFT applications. I suspect that as trading firms learn more
about NeXXCom Wireless' technology they will begin proliferating these
ultra low latency networks around the globe in the not distant future
to gain competitive advantage."

NeXXCom Wireless is very active with HFT firms and the management team
has already successfully deployed a low latency microwave network well
below the fastest fiber-based transmission available today between
Chicago and New Jersey locations and is designing additional networks
for trading firms located in the US and Europe. Benti adds, "There is
no way to accurately measure the effect of the speed increase but it
has been estimated that each 1mS improvement can be worth $100 million
to a financial trading firm. Our client firms are highly secretive
about their trading network strategies and given the amount of profits
involved, it's understandable."

In a speech in Beijing last year Andrew Haldane, senior policy maker at
the Bank of England commented on the extraordinary speeds that
financial instrument trades are conducted. "New trade technologies have
progressively raised the speed limit for trading. Today, this is
measured in microseconds -- millionths of a second. Tomorrow, it may be
measured in nanoseconds -- billionths of a second. There is effectively
a 'race to zero' among trading technologists, as market advantage lies
in being the fastest," he said.

About NeXXCom Wireless

NeXXCom Wireless is a full service wireless product and system supplier
with high capacity packet microwave and millimeter wave solutions that
drive next-generation IP networks. NeXXCom offers three product lines
that offer a combination of licensed and unlicensed spectra,
Point-to-Point (PTP) and Point-to-Multipoint (PtMP) configurations and
self managed mesh networks with payloads to 1,000Mb/s. Our
carrier-grade point-to-point packet microwave systems transmit
broadband voice, video and data, enabling service providers, government
agencies, enterprises and other organizations to meet their increasing
bandwidth requirements competitively. In addition to wireless backhaul
we also provide solutions for leased line replacement, last mile fiber
extensions and enterprise networks for commercial and government
entities.

For more information please visit www.nexxcomwireless.com.

The NeXXCom Wireless LLC logo is available at
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CONTACT: Sal S. Benti
         Tel: 619-870-0199 ext.100
         Email: sal.benti@nexxcomwireless.com