June 18, 2008
Equinix Exchangeâ¢ Peering Service Expanded to Zurich Market
ZURICH, Switzerland — June 18, 2008 — Equinix, Inc. (Nasdaq: EQIX), the leading global provider of network-neutral data centers and Internet exchange services, today announced the expansion of its Equinix Exchange™ service to the company's Zurich Internet Business Exchange™ (IBX®) center. The service, which enables companies to interconnect their networks to move data to Internet destinations in an efficient and reliable manner, will, in the Zurich IBX, incorporate what was previously branded as The Internet Exchange (TIX), the largest exchange in Switzerland with over 60 members.
Equinix Exchange facilitates interconnection and peering via an Ethernet central switching fabric. It is used by the aggregation of Internet companies operating within Equinix IBX centers, including: network service providers, such as ISPs, carriers, international PTTs and broadband networks; as well as by content, e-commerce and enterprise companies delivering video, gaming or other applications. By using Equinix Exchange, these companies can directly connect to each other.
The service offers an alternative to the traditional method of purchasing costly transit to reach partners across the Internet. By enabling data to bypass intermediary networks, Equinix Exchange delivers enhanced end-to-end network performance, speed and reliability, while lowering overall IP transit costs. The service also enables large ISPs to gain access to a significant aggregation of potential transit customers, including smaller ISPs, within a centralized location.
“The growth of video and other low-latency applications is placing increasing demands on network infrastructure and requires that data be exchanged between networks as quickly and efficiently as possible,” said Eric Schwartz, president of Equinix Europe. “Equinix Exchange provides a platform for ISPs, content companies and enterprises to implement a high-performance, highly versatile, yet low cost IP interconnection infrastructure within a secure, network-neutral environment.”
In the Zurich center, Equinix Exchange will have more than 60 members directly exchanging Internet traffic with each other. Equinix is the global leader in interconnection and peering, offering high-performance private and public peering services. The peering relationships facilitated by Equinix's interconnection solutions help form the strategic foundation for the growth of the Internet, from email to video to virtually any other application that must traverse multiple networks to get from origin to destination.
Equinix Exchange is currently available in Equinix IBX centers located in the greater Chicago, Dallas, Los Angeles, New York, Paris, Silicon Valley, Singapore, Sydney, Tokyo, Washington, D.C. and Zurich areas. The service is used by more than 270 companies, including Yahoo!, Google, AT&T, Deutsche Telecom, British Telecom, Cable & Wireless and NTT.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of IXEurope into Equinix; a failure to receive significant revenue from customers in recently built out data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; the results of any litigation relating to past stock option grants and practices; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.