Pipe and Tyco Complete PPC-1 Cable Project

PIPE International, a fully owned subsidiary of PIPE Networks Limited (ASX: PWK), and Tyco Telecommunications, a business unit of Tyco Electronics and an industry pioneer in undersea communications technology, announced on 8 October 2009 they have completed the PPC-1 cable system.  The completion of the 6,900 km system linking Sydney to Guam will provide enhanced connectivity to the region and ultimately lower capacity costs by generating increased competition in the Australian undersea cable market.

"The on-schedule completion of PPC-1 marks a huge technological advancement for Australia," said Bevan Slattery, PIPE Networks CEO.  "We are proud to have successfully accomplished what many in the industry doubted could be done.  Further, we are confident this system will provide Australia with the bandwidth and competition needed to enhance both personal communications and international business efforts."

With a capacity of 2.56 terabits per second over two fiber pairs and 40 Gbs/sec capable, the PPC-1 system will provide diversity to the few existing routes in the region, in addition to onward connectivity to Asia and the United States.

"It is our sincere pleasure to congratulate PIPE on the successful completion of the PPC-1 cable system," said David Coughlan, Tyco Telecommunications President.  "Through unwavering cooperation and a mutual respect for each other and the tasks at hand, our companies were able to complete a challenging project in a timely fashion.  As a result, Australia will benefit for many years to come from a robust system that is comprised of the industry's most advanced subsea equipment."

About PIPE Networks

PIPE Networks Limited (ASX: PWK) is a leading facilities-based telecommunications service provider in Australia. The company owns the third largest metropolitan fibre optic network in Australia connecting to key strategic IT infrastructure locations.

Since its inception in 2002, the company has delivered sustainable revenue and profitability growth by offering reliable and cost effective dark fibre, managed ethernet, telehousing and peering products to internet service providers (ISPs), corporate customers and Government departments.