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TMCNet:  Perseus to Address Trading and Microwave Technology at HIFREQ TRADE 2013

[February 26, 2013]

Perseus to Address Trading and Microwave Technology at HIFREQ TRADE 2013

LONDON, Feb. 26, 2013 /PRNewswire via COMTEX/ -- Perseus Telecom, a leading provider of ultra-low latency, high capacity global networks, today announced that Perseus CEO Dr. Jock Percy will be speaking at HIFREQ TRADE 2013 in London on February 27th on the topic of microwave technology and trading. The discussion comes on the heels of yesterday's announcement of the Perseus live wireless service in Europe.



Taking place on February 27th, 2013 at the Marriott Hotel Grosvenor Square in London, HIFREQ TRADE 2013 brings together high frequency traders, brokers, technology experts, regulators and consultants to discuss advancements in HFT. Percy will be speaking on a panel titled "Re-building ultra-low latency trading infrastructure with Microwave Technology." During the session, Percy will address how microwave technology can be used to generate alpha for HFT firms. He will also challenge commonly held misconceptions regarding the use of microwave technologies in financial markets.

Perseus Telecom also recently announced its live wireless service in Europe, with a sub 4.6ms RTD microwave service between the two major European markets of London and Frankfurt. The Perseus wireless service is completely proprietary and managed by Perseus Telecom and its partners.

"Microwave technology is one of the newer advancements in high frequency trading technology and we look forward to discussing the impact of such technology on the HFT community," comments Percy. "In an environment where both speed and reliability are of the essence, we believe that microwave technology can enable leading HFT firms to gain a competitive advantage. We look forward to discussing this topic at the HIFREQ TRADE conference." If you are a member of the press and would like to speak with Perseus at the HIFREQ TRADE 2013 event, please contact perseus@cognitomedia.com.

Notes to the Editors About Perseus Telecom -------------------------------------------------------------- Perseus Telecom is an award-winning global provider and facilities based licensed carrier of enterprise and financial telecommunications with a focus on ultra-low latency networks. In addition to the fastest route between USA and Brazil, Perseus Telecom recently announced the fastest trans-Atlantic route in April 2012, named QuanTA. The company also connects Asia-Pac and Europe with significant points of presence in Tokyo, Singapore, Sydney, Hong Kong, London, Frankfurt, Stockholm, Moscow, Madrid, Milan and Dublin. Perseus Telecom works with the world's leading fibre assets and technologies to provide cost-effective, efficient and valuable network solutions for its customers. Perseus Telecom Customers include: Banking, Trading, Finance, Fund Management, Broadcast Media and Entertainment Companies, Law Firms and Capital Partnerships, Global Manufacturers and Pharmaceutical Companies. The management team has decades of experience in major Tier 1 carrier companies and operates from offices in London, Dublin, New York, Chicago and Sao Paulo.

For more information about Perseus, please visit www.perseustelecom.com or contact us at +1 (212) 300-6813 or sales@perseustelecom.com PRESS CONTACTS: Angela Byrne / Miranda Garrison Cognito +1 646-395-6300 perseus@cognitomedia.com This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE Perseus Telecom http://rt.prnewswire.com/rt.gif NewsItemId=PH66347&Transmission_Id=201302260830PR_NEWS_USPR_____PH66347&DateId=20130226

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