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RCN Metro: RCN Metro Optical Networks Provides Advanced Ethernet Connectivity and Transport Services for Avatar Trading Group,

^{Published on 2009-03-10 06:53:02, Last Modified on 2009-11-04 08:00:16 - Market Wire}
 

HERNDON, VA--(Marketwire - March 10, 2009) - [ RCN Metro Optical Networks ], a division of RCN Corporation (NASDAQ: [ RCNI ]) and a premier provider of fiber optic-based network solutions, announced today that Avatar Trading Group, LLC has expanded its relationship with RCN Metro to include its [ Ethernet Transport Service ]. Avatar now uses RCN Metro's Ethernet Transport Service to connect with major market data providers and exchanges as well as to execute trades.

Avatar Securities, LLC, a subsidiary of Avatar Trading Group, provides a unique environment designed specifically for experienced, high volume traders. In 2006, the Company began using RCN Metro's [ Internet service ] for its trading business. Since adding RCN Metro's Ethernet Transport Service to connect to market data providers and exchanges, Avatar has been able to mature into a proprietary brokerage firm and become an even more attractive setting for professional traders.

RCN Metro's low latency Ethernet Transport Service combines the reliability and ubiquity of Ethernet with next-generation metro area transport technology. The result is a service that delivers an efficient, fully restorable, easily managed network.

"Our company is committed to creating the best possible trading environment available," said Omar Kathwari, Co-Founder of Avatar Trading Group, LLC. "With advanced connectivity and transport services from RCN Metro, we now have a highly efficient, fully restorable, easily managed network with the lowest latency available -- resulting in a distinct competitive advantage for both our business and our traders."

"Avatar is an excellent illustration of how companies leveraging scalable Ethernet connectivity are able to improve their business without experiencing network complications," said Felipe Alvarez, President of RCN Metro. "More businesses are choosing our network because of our ability to deliver customizable, dynamic communications solutions and services uniquely suited to optimize business performance."

About RCN Metro Optical Networks

RCN Metro, [ www.rcnmetro.com ], is a premier provider of high-capacity transport services for carriers as well as large and medium-sized businesses. RCN Metro offers a comprehensive suite of services including: Ethernet, SONET, Wavelength, Video Transport, Internet and more. With a network leveraging unique rights-of-way, spanning from Maine to Virginia and out to Chicago, RCN Metro deploys custom solutions to service providers as well as companies in the finance, hospitality, media, government, health care and education industries. RCN Metro is a wholly owned division of RCN Corporation.

About RCN Corporation

RCN Corporation, (NASDAQ: [ RCNI ]) [ http://www.rcn.com ], is a competitive broadband services provider delivering all-digital and high definition video, high-speed internet and premium voice services to residential and small-medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through its RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company's geographic markets. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago. (RCNI-G)

About Avatar Trading Group, LLC

Avatar Trading Group, LLC is the parent company of Avatar Securities, LLC and Avatar Trading, LLC. Avatar Securities, LLC, [ http://www.avatarsecurities.com ], is a boutique proprietary trading firm that focuses entirely on the funding and platform requirements of deeply experienced traders. Avatar Securities, LLC is a CBSX member firm. Avatar Trading, LLC manages a technologically advanced trading floor located in Manhattan, New York.