NEW YORK – 16 October 2013 - Perseus Telecom, a leading provider of ultra-low latency, high capacity global networks, today announced the appointment of Peter Nylund as Chief Financial Officer. Nylund joins Perseus from TelePacific Communications, where he was the Head of Treasury and Director of Financial Operations.<br /><br />Nylund brings twenty plus years of financial operations experience within telecommunications across the US and Europe to Perseus. Before joining Perseus, Nylund had spent the last ten years at TelePacific Communications. At TelePacific, Nylund oversaw the company’s financial operations of 40 regional offices serving more than 50,000 customers. Nylund is originally from Norway, was a Norwegian Naval Officer is a Certified Treasury Professional (CTP) and holds an MBA from the Kellogg School Management at Northwestern University.<br /><br />The Perseus global connectivity business is continuing to grow rapidly. In the last year Perseus has doubled in the number of customers it serves, in total revenue and the markets Perseus operates in. Peter Nylund will be instrumental in the Perseus global expansion strategy of ultra-low latency, high capacity connectivity, colocation and enterprise management services<br /><br />“I am thrilled to be able to come aboard and contribute to the financial success of the Perseus global connectivity enterprise,” comments Nylund. “The Perseus business model of research, development and deployment of next generation global telecommunication services, is vastly in need in all sectors of the market that span and connect different industries around the world.”<br /><br />Dr. Jock Percy, Chief Executive Officer at Perseus, states, “Having Peter join our executive team brings more than just leadership and tenure but a strong industry reputation of execution in the Telecommunications space that Perseus requires in advancing the requirements of our global customer community.”<br /><br />About Perseus<br /><br />Perseus Telecom is an award winning global facilities based licensed carrier of enterprise and telecommunications services with a focus on ultra-low latency connectivity. Perseus provides the fastest routes between New York and Brazil exchange markets and was recently awarded for QuanTA, the fastest trans-Atlantic route between New York and London. The company also operates the fastest route between London and Frankfurt over its high-tech wireless/microwave service and provides industry leading accuracy in government certified time-stamping technology.