WASHINGTON, D.C., October 29, 2002 - Cogent Communications, a Tier One, optical ISP, today announced that Gigex Inc., a leading provider of distribution and download services for the video game industry, has selected Cogent's 100 Megabits-per-second (Mbps) Internet access service. Gigex uses Cogent's Internet connection to deliver large software and game files directly to end-user desktops.

Gigex offers a free download service and reaches a rapidly growing audience of 26 million monthly unique users via 75 gaming, lifestyle and portal websites - members of the Gigex Affiliate Network. The company currently delivers over 1,000,000 downloads per month of TV-quality console trailers and PC-demos, and that volume has significantly fueled bandwidth demand. To continue providing the most reliable distribution service while keeping costs down, Gigex determined that Cogent's low-cost, high bandwidth, reliable connection fit the bill.

"Much of the bandwidth industry is over-complicated and confusing. Cogent's simple, low-cost, high quality service is just what the industry needs," said Mark Friedler, Gigex CEO. "Not only did Cogent's network perform as advertised, but its customer service was superb. Those factors have made our decision to purchase even more Cogent bandwidth in the near future an easy one."

"Our data-only, national network is perfectly suited to handle the most demanding bandwidth services, and we are very pleased that Gigex was quick to realize this benefit," said Dave Schaeffer, CEO, Cogent Communications. "We charge the lowest price per megabit in the nation, and that's a compelling combination that the Internet gaming industry cannot overlook."

Cogent's 18,500 mile long haul backbone and metropolitan network services 33 cities and runs independently of traditional carrier networks. Built specifically for IP data, Cogent avoids the huge costs associated with a SONET-protected voice infrastructure, enabling it to offer wholesale and commercial end-user customers the lowest price per non-oversubscribed megabit in the country.

About Gigex, Inc.

Gigex is the leading promotions company specializing in distribution of product demos and trailers to key consumer press and media on the Internet. Gigex syndicates its free broadband video game demos and trailers across over 75 leading portal, entertainment and lifestyle websites. Gigex has promoted hundreds of major game titles for leading publishers including 3DO, BAM!, Disney Interactive, Electronic Arts, Gotham Games, Infogrames, Microsoft, SEGA, Sierra, SquareSoft, Sony, Take Two, THQ, UbiSoft, Vivendi Universal, the US Army and others. Founded in 1995, Gigex http://www.gigex.com is privately held with offices in San Francisco and New York City. For more information about offering game downloads on your site, contact Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!

About Cogent Communications

Cogent Communications (AMEX: COI) is a Tier 1, facilities based, all-optical ISP focused on delivering ultra-high speed Internet access and transport services to businesses in the multi-tenant marketplace and to service providers located in major metropolitan areas across the United States. Cogent's signature service offered to commercial end-users of 100 Mbps for $1,000 per month, offers 100 times the observed bandwidth of a T-1 connection at approximately two-thirds of the cost. The Cogent solution makes ultra-high speed Internet access an affordable reality for small and medium-sized businesses, as well as large enterprises and service providers. Cogent's facilities-based, all-optical end-to-end IP network enables non-oversubscribed 100 Mbps and 1000 Mbps connectivity for radically low, unmetered pricing levels. Cogent's network consists of a dedicated nationwide multiple OC-192 fiber backbone, multiple intra-city OC-48 fiber rings, and optically-interfaced high-speed routers. Cogent has been recognized as the first IP Optical Cisco Powered Network (CPN). Cogent acquired the U.S. operations of PSINet and is now servicing 33 metropolitan markets with services ranging from T1 and T3, to 100 Mbps and 1,000 Mbps Internet connectivity and transport services. Cogent Communications is headquartered at 1015 31st Street, NW, Washington, D.C. 20007. For more information, visit www.cogentco.com. Cogent Communications can be reached at (202) 295-4200 or via email at Diese E-Mail-Adresse ist vor Spambots geschützt! Zur Anzeige muss JavaScript eingeschaltet sein!.

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This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, successful completion or expansion of the network, our connection to the Internet requires us to obtain and maintain relationships with other providers, our rights to the use of the dark fiber that make up our network may be affected by the financial health of our fiber providers, we often are limited in choices for metropolitan fiber suppliers and we will need to obtain or construct additional building laterals to connect buildings to our network. Additional general factors include competition, changes in technology and methods of marketing, and various other factors beyond the Company's control.

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