February 7, 2012

Neutral Tandem / Tinet Are Now Inteliquent

Providing Intelligent Solutions to Interconnection and Interoperability Challenges

CHICAGO, Feb. 7, 2012 (GLOBE NEWSWIRE) -- Inteliquent (Nasdaq:IQNT), a leading provider of global interconnection and interoperability solutions, announces today the formal rebranding of Neutral Tandem and Tinet, as Inteliquent. The company's shares will start trading under its new name and stock ticker symbol, "IQNT," effective as of market open today, February 7, 2012. The Company's common stock CUSIP number remains the same and will not change as a result of the name change.

The announcement reflects the evolution of Neutral Tandem to a full-scale network solutions provider, offering intelligent networking to solve challenging interconnection and interoperability issues on a global scale. With an advanced MPLS network that is highly interconnected to carriers around the world, Inteliquent provides voice, IP Transit, Ethernet and hosted service solutions to major carriers, service providers, and content management firms based in over 80 countries and six continents.

"Our new brand is an important step in the evolution of our company and signifies a commitment to both our customers and our investors to deliver on our strategic vision," states Edward Evans, Chief Executive Officer of Inteliquent. "The name, 'Inteliquent' scales with our expanded product set, and aligns well with our positioning as a global multi-services company that provides intelligent solutions to complex problems in the industry."

"The rebranding comes at a time when our customers' network needs are growing more complicated. To address this, we are providing intelligent solutions to solve these challenges -— whether in voice, IP transit, Ethernet or hosted services," continues Surendra Saboo, President and Chief Operating Officer of Inteliquent. "At Inteliquent, we are building upon the breadth and depth of our highly interconnected network, and developing solutions to solve tomorrow's interoperability issues."

The management team will be formally presenting later today at the Stifel Nicolaus Technology and Telecom Conference, where they will be discussing the formal rebrand to Inteliquent and how it fits with the Company's growth strategy, as well as providing an update on the Company's business activities. The presentation is scheduled to begin at approximately 6:15 pm EST and will be webcast live on Neutral Tandem's Investor Relation's Web site at http://ir.neutraltandem.com.

To learn more about the rebranding directly from Inteliquent's CEO and COO, visit our new website at www.inteliquent.com and click on the video. Additionally, to learn more about Inteliquent's game-changing products and services, contact info@inteliquent.com or visit www.inteliquent.com. Join our video news conference to hear more about Inteliquent's evolution on Thursday, February 9 at 12:00 p.m. EST. For dial-in instructions, please email pr@jaymiescotto.com.

About Inteliquent, Inc.

Headquartered in Chicago, Inteliquent provides intelligent networking to solve challenging interconnection and interoperability issues on a global scale. With an advanced MPLS network that is highly interconnected to carriers around the world, Inteliquent provides voice, IP Transit, Ethernet and hosted service solutions to major carriers, service providers, and content management firms based in over 80 countries and six continents. With over 120 Ethernet sites worldwide, the company is the largest global Ethernet interconnection provider, a top 5 global IP transit provider and has a leading IPv6 network. Please visit Inteliquent's website at www.inteliquent.com and follow us on Twitter @Inteliquent.

The Inteliquent logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3797

CONTACT: Media Contact:

         Jaymie Scotto & Associates

         1-866-695-3629

         pr@jaymiescotto.com

         

         Investor Contact:

         Inteliquent

         Jim Polson

         1-866-268-4744


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