IntelePeer Teams With Telx to Offer Hosted Voice and Rich Media Applications to Colocation Customers

SAN MATEO, CA--(Marketwire - May 12, 2009) - IntelePeer Inc., a leader in hosted on-demand rich media communications, today announced a partnership with Telx, one of the largest North American providers of network-neutral colocation and interconnection services. IntelePeer will offer ReachSuite™-hosted voice and rich media applications that allow Telx customers to quickly roll out new, high-margin voice and telecommunications services while avoiding up-front capital costs.

"Telx customers include leading service providers, content providers and enterprises that demand premium performance and reliability to meet the demands of their business and consumer customers," said John Hart, senior vice president of business development and marketing for IntelePeer. "IntelePeer ReachSuite applications offer the value these Telx customers need to stand apart from competitors in a crowded market, while delivering the carrier-grade performance they require. With our ReachSuite, they can quickly roll out new high-margin services that drive new productivity while reducing operational and telecommunications costs for their customers."

IntelePeer ReachSuite applications also reduce telecommunications costs by routing communications through IntelePeer's high-quality, carrier-grade global peering fabric. IntelePeer uses this global infrastructure to offer ReachSuite applications through a Software-as-a-Service (SaaS) delivery model. This eliminates most up-front costs, while ensuring carrier-grade quality and communications cost savings that are so valuable in today's financial environment.

"Telx is committed to offering customers the very latest in communications services offered in a cloud computing, or Communications-as-a-Service (CaaS) model in order to facilitate technology adoption without the cost or service disruption of a forklift upgrade," said Rose Klimovich, Telx vice president of product development and management. "IntelePeer offers our customers such turnkey communications solutions that help integrate phone, conferencing and electronic communication within familiar interfaces and in a cost-effective way."

Telx offers rich connectivity and service options in the most secure and reliable colocation facilities to meet the requirements of the most demanding mission-critical operations. Telx colocation centers offer premier conditioned space, state-of-the-art access control and surveillance systems. To expand their business opportunities, Telx also provides their customers access to a global marketplace of services providers like IntelePeer.

About Telx

Telx is a world-class leader in providing interconnectivity solutions through their network-neutral and network rich, co-location facilities. With fifteen facilities in North America, Telx offers cost effective networking solutions for customers to seamlessly access diverse global networks and exchange information in a secure and reliable environment. Over 600 leading telecommunications carriers, ISP's, content providers and enterprises rely on Telx's world-class team to support their mission-critical global infrastructure needs and to create a global connectivity marketplace to dramatically expand their business growth opportunities. Telx is a privately held company headquartered in New York City with facilities in New York, Atlanta, Chicago, Dallas, Los Angeles, San Francisco, Santa Clara, Miami, Phoenix, Charlotte, Weehawken, and Clifton, N.J. For more information about Telx, visit www.telx.com.

About IntelePeer

IntelePeer, www.IntelePeer.com, a leader in hosted on-demand rich media communications, enables carriers, businesses and software vendors to easily deliver voice and multimedia capabilities to any phone or network-connected device -- without incurring up-front capital costs. Through our innovative, communications-as-a-service (CaaS) platform, IntelePeer AppworX™, our SuperRegistry™ and our extensive peering grid, we provide our customers with the platform to offer high-quality interactive voice, video, SMS, data and other rich-media services while providing significant cost savings for their telecommunication expenditures. Through intuitive APIs, Web Services, and brandable widgets and applets, IntelePeer removes the complexity of telecom and opens network functions to mainstream developers who are creating voice-Web "mashups" and communications-enabled business processes embedded into enterprise, webcasting, social networking, entertainment and e-commerce applications. Business professionals who use customer relationship management (CRM) software and common desktop applications such as calendaring and contact management also rely on us for instant access to bridge-to-services, voice blast, video blast, text-to-speech, conferencing and other features that enable communications-enhanced business processes that drive efficiency and deliver cost savings. Based in San Mateo, Calif., we operate our own carrier-grade network carrying more than 6 billion minutes, with worldwide coverage delivered through an IP and TDM peering grid with over 50 leading service provider peering partners. IntelePeer is privately held and is backed by venture capital firms VantagePoint Venture Partners, Kennet Venture Partners, NorthCap Partners and EDF Ventures.

IntelePeer, IntelePeer AppworX, SuperRegistry and ReachSuite are trademarks of IntelePeer, Inc. All rights reserved worldwide. Other trademarks referenced are the property of their respective owners.

Contact Information: IntelePeer Contact: Scott VanSickle The Hoffman Agency (408) 975-3084 svansickle@hoffman.com Telx Contact: Karyn Price Bailiwick Company (609) 397-4880 ext. 204