Fiberlink Secures $20 Million Credit Facility from Wachovia Bank

Line of Credit Available for General Corporate Purposes and to Pursue Key Acquisitions

October 14, 2004

BLUE BELL, Pa., Oct. 13, 2004 - Fiberlink Communications Corp., a trusted enterprise partner for managed remote access and security services, today announced it signed an agreement securing a credit facility in the amount of $20 million. The revolving credit facility is extended to Fiberlink by Wachovia Bank, as agent, and Comerica, as participant, and will be made available to the company for two years.

The credit facility is available for general corporate purposes including select acquisitions, technology development and global sales and marketing initiatives. It adds strategic corporate resources as Fiberlink's business continues to grow and demand from enterprises for managed remote access services continues to expand. This financing comes after a recent announcement of the company's fourteenth consecutive quarter of increasing revenue and profits.

"With the maturity and full deployment of our remote access network now in place, we are turning our attention to growing our business through key acquisitions and by driving global sales and marketing initiatives in new directions," said Jim Sheward president and chief executive officer of Fiberlink. "We see huge unfulfilled demand for managed remote access services around the globe. Although we don't have an immediate need for a facility of this size at this time, Wachovia has diligently worked to understand our current and future business initiatives and the new facility gives us tremendous flexibility to consider different options for accelerating our business growth."

"We have partnered with Fiberlink to provide this financing based on their strong financial performance, leadership position in the industry and management's future vision for the company," said Wachovia Senior Vice President Amy Grodsky. "Wachovia has a long history of being a trusted advisor to companies like Fiberlink in providing guidance and financing throughout their life cycle."

About Fiberlink

Fiberlink is a leading provider of secure remote access solutions, unifying worldwide remote access, management and software within existing IT policy. Fiberlink addresses infrastructure complexities of enterprise access brought on by the demands of an expanding business ecosystem. From employees to partners, remote offices to extranets, dial-up to wireless to broadband, Fiberlink allows enterprises to capitalize on extended business opportunities. Multi-network redundancy, best-of-breed application services and support, low total cost of ownership and minimal impact on IT, help make Fiberlink an important business partner.

With more than 500,000 corporate users, analyst firms such as Gartner, Burton Group and Yankee Group recognize Fiberlink as a leader and innovator in remote access services. Fiberlink customers include General Electric, BMC Software, Computer Sciences Corporation, Royal Caribbean and The Gillette Company. Headquartered in Blue Bell, Pa., Fiberlink has offices throughout North America, Europe and Asia.

For more information on Fiberlink, visit its Web site at http://www.fiberlink.com.

For more information, contact:

Susan Sutton Fiberlink Communications Corp. ssutton@fiberlink.com (215) 793-3427

James Boike A&R Partners for Fiberlink jboike@arpartners.com (212) 905-6157

© 2005 Fiberlink and the Fiberlink logo are trademarks of Fiberlink and may be registered in certain jurisdictions. All other brand names are trademarks of their respective partners.

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