April 13, 2007 - TeleBermuda Signs ACORD Membership Benefit to Bermuda’s Growing Reinsurance Industry Hamilton, Bermuda, TeleBermuda International Limited (TBI) has recently become a member of the Association for Cooperative Operations Research & Development (ACORD). The ACORD organization is responsible for facilitating standards development and use for the insurance, reinsurance, surety and related financial services industries. "We’re glad to have TeleBermuda International Limited as a new ACORD associate member in this important and growing marketplace," said Denise Garth, Vice President, Membership & Standards. "By developing their new solutions based on a foundation of ACORD standards shows their understanding or the importance of and commitment to data standards across the insurance value chain." TBI spokesperson, Lee Greene Vice President of Sales for Bermuda and the Cayman Islands, echoed the sentiments explaining, “We are thrilled to become a new ACORD associate member and a solutions provider in one of the worlds leading insurance jurisdictions”. Communication between systems and between partners is more vital than ever before. The ability to rapidly and accurately share, access, and utilize data is crucial with ACORD standards. TBI can provide solutions for the insurance industry in Bermuda that will help improve industry integration and communication by adopting and implementing ACORD standards. About TeleBermuda International Limited: BI is a leading Bermuda-based international telecommunications carrier providing long distance voice, data, commercial Internet and collocation hosting services. During its eleven years of operation in Bermuda, TBI has become recognised as a leading cost-effective supplier of telecommunication services, and has been responsible for delivering competitive pricing and services for the commercial, residential and international carrier services markets. TBI products and services include: TBiNET, a dedicated Internet service; International Private Leased Circuits; International Frame Relay Service; a world-class Server Co-location facility; as well as its international long-distance voice communication service. For more information please visit the company website at www.telebermuda.com. About ACORD: Based in New York, ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association whose mission is to facilitate the development and use of standards for the insurance, reinsurance and related financial services industries. With offices in London as well, ACORD accomplishes its mission by remaining an objective, independent advocate for sharing information among diverse platforms. ACORD Standards and services improve efficiency and expand market reach. Affiliated with ACORD are hundreds of insurance and reinsurance companies, and thousands of agents and brokers, related financial services organizations, software providers, and industry organizations worldwide. For more information please visit the Company website at www.acord.org. Media Contact: Angela Ambrosini Director of Marketing TeleBermuda International Limited Tel: 296-9000 angela.ambrosini@telebermuda.com