IPO Profile

Arbinet Inc.
120 Albany Street, Tower II, Suite 450, New Brunswick, New Jersey 08901
Tel:
Web: www.arbinet.com
Ticker: ARBX
Amount Raised: $97,500,000.00

Description:
Through our exchange, members have access to communications capacity in every country in the world. As of May 31, 2004, we had 320 members who subscribed to our voice trading services, including eight of the world�s ten largest communications services providers. Approximately 55% of our members were located in North America, 31% were located in Europe and 14% were located in other regions of the world, including Asia. During 2003, our members traded approximately 8.0 billion minutes of wireline, wireless, voice over Internet Protocol, or VoIP, and other calls, representing a 60% increase over the prior year. Of these 8.0 billion minutes traded on our exchange in 2003, approximately 37% of the minutes were sent to wireless phones and approximately 63% of the minutes were sent to wireline phones. Of these 8.0 billion minutes traded, approximately 11% were transmitted through our VoIP facilities. During the quarter ended March 31, 2004, our members traded approximately 2.4 billion minutes of wireline, wireless, VoIP and other calls, representing an 11% increase over the fourth quarter of 2003 and a 41% increase over the first quarter of 2003. Of these 2.4 billion minutes traded in the first quarter of 2004, approximately 40% of the minutes were sent to wireless phones and approximately 60% of the minutes were sent to wireline phones. Of these 2.4 billion minutes, approximately 14% were transmitted through our VoIP facilities. We recently launched products and services that allow the trading of Internet capacity through our exchange. As of May 31, 2004, we had 14 members who subscribed to our Internet data trading services on a trial basis.