Virtela Named One of 50 Fastest-Growing Companies in Colorado

Global Network Solutions Leader Recognized By Deloitte & Touche

DENVER, October 27, 2008 - Virtela, the global network solutions company, today announced it was recognized as the 15th fastest-growing company in Deloitte's Technology Fast 50 Program for Colorado. With its innovative multi-carrier network model, Virtela delivers the world's fastest, most reliable and flexible managed services, and the company's steady revenue growth validates the success of this unique model.

Each year Deloitte LLP, one of the nation's leading professional services organizations, recognizes the 50 fastest-growing technology, media, telecommunications and life sciences companies based on percentage revenue growth over five years. The winners demonstrate a level of talent and innovation that stands out from the competition, and they are the companies setting the pace for the development of new technologies and business strategies across industries.

"Deloitte's Colorado Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Kurt Randall, Deloitte Tax LLP, and chair of the 2008 Colorado Technology Fast 50. "We applaud the successes of Virtela and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

"Virtela made a big bet early on with a virtual network model and this multi-carrier approach continues to prove itself as we bring on new customers and partners steadily, even during the current economic downturn," said Steve King, president and CEO of Virtela. We're honored by this recognition from Deloitte and look forward to continuing our momentum in the managed network and security services space moving into 2009."

To qualify for the Technology Fast 50, companies must be headquartered in North America and own proprietary technology or proprietary intellectual property that contributes to a significant portion of operating revenues, or devote a significant proportion of revenues to the research and development of technology. For more information on Deloitte's Technology Fast 50 program, visit www.fast50.com.

About Virtela

Virtela, the world's largest independent managed services company, offers award-winning managed services including MPLS and IP-based Virtual Private Networks (VPNs), Security, Remote Access, and WAN/LAN Device Monitoring and Management, to some of the most competitive multinational companies in the world. Offering services in 190 countries, Virtela integrates and manages best-of-breed service providers through partnerships with 500+ carriers, to address the unique needs of its customers. Virtela is headquartered in Denver, Colorado, with Global Network Operations Centers in Denver, Mumbai, India and Manila, Philippines. For more information, please call +1 (720) 475-4000 or visit www.virtela.net.

Media Contact:
Jane Morrissey
Virtela
720.475.4012 (office)
303.808.7671 (mobile)
jmorrissey@virtela.com

Susan Wise
Greenough Communications
(650) 646-3268 x11
swise@greenoughcom.com