May 8, 2009
Statement from Equinix on the Passing of Co-Founder Al Avery
FOSTER CITY, CA - May 5, 2009 - It is with sadness that Equinix announces that Al Avery, one of the co-founders of Equinix, has passed away. Al, who retired from Equinix in 2003, had been diagnosed with pulmonary fibrosis and had recently received a lung transplant. He battled this illness valiantly, but passed on peacefully earlier this week with family at his side.
Al and Jay Adelson started Equinix in 1998 when they worked together as facilities managers at Digital Equipment Corporation (DEC), where they developed the idea for a Neutral Internet Exchange (NIX) to create a physical place for networks to exchange critical information. Their critical work helped the Internet grow and today, the company Al helped build is the home to the mission-critical infrastructure of over 2,300 customers, many of which are vital to the information-driven world. Equinix has Al's legacy to thank.
A memorial service will be held at a later date. Donations can be made in Al's name to the Pulmonary Fibrosis Foundation.
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 companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired 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; 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.