Arbinet Corporation Announces Executive Management Changes

HERNDON, Va., June 17 /PRNewswire-FirstCall/ -- Arbinet Corporation (Nasdaq: ARBXD), a leading provider of telecommunications services to fixed and mobile operators, today announced executive management changes in conjunction with the Company's efforts to reduce overhead expenses and maintain a competitive cost structure. Effective June 30, 2010, Steven Heap and Dan Powdermaker will step down as Chief Technology Officer and Senior Vice President of Sales and Marketing, respectively.

Brian Troesch, Arbinet's Senior Vice President of Product & Business Development, will oversee the sales and marketing functions. The Company does not intend to fill Mr. Heap's position.

Since joining Arbinet in December 2009, Brian has leveraged his strong understanding of the telecommunications marketplace and emerging technologies to help further refine our voice product strategy and introduce new complementary products and services, continued Mr. O'Donnell. With his keen understanding of our market, the value proposition of the Exchange, and complex customer requirements, we are confident in Brian's ability to oversee the transition and ensure continuity for our customers.

Since December 2009, Brian has served as the Senior Vice President, Product & Business Development at Arbinet and has been responsible for guiding Arbinet's Voice and Mobile product direction. Brian has more than 14 years of management experience in sales, network and product development in fixed and mobile telecommunications. Before joining Arbinet he served as Regional Vice President, Americas for Belgacom ICS, S.A. While at Belgacom ICS, Brian managed strategy and sales for the Americas Region, providing voice and data solutions to fixed and mobile operators. Brian previously held various positions at Edge2Net, Inc., BellSouth Long Distance, Inc., Pacific Gateway Exchange, Inc. and U.S. Long Distance, Inc.

Leading provider of international voice

Arbinet is a leading provider of international voice and IP solutions to carriers and service providers globally. With more than 1,100 carriers across the world utilizing the Arbinet network, Arbinet combines global scale with sophisticated platform intelligence, call routing and industry leading credit management and settlement capabilities. Customers and suppliers include many leading fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and content providers around the world who buy and sell voice and IP telecommunications capacity and content. The Company can be reached at its corporate headquarters in Herndon, VA at (703) 456-4100 or by email at sales@arbinet.com.