June 11, 2007
Equinix Internet Hubs Enable Netflix to Deliver Instant Online Movie Viewing Feature to Various Markets
Foster City, CA — June 11, 2007 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, announced today that Netflix, Inc., the world's largest online movie rental service, has established operations supporting the company's new instant viewing feature at Equinix Internet Business Exchange™ (IBX®) centers in multiple markets across the U.S. The move will give Netflix direct access to an aggregation of networks, including the broadband providers and transit networks that reach their end users.
The addition of the real-time playback feature not only allows Netflix users to view video in real-time as it is delivered to their personal computers, but it also eliminates the need for the download of large video files. Following a one-time installation of Microsoft Windows Media Player, most subscribers' movie selections will begin playing in their Web browser in as little as 10 to 15 seconds
Equinix offers Netflix a high performance platform with a rich source for interconnection and robust network connectivity, and the ability to scale its infrastructure in a more hands-on manner. These are important elements for delivering rich media content to end-users around the world. Deploying to multiple markets to gain redundancy and resilience, Netflix will have direct access to end-users' networks, providing the fastest and most reliable customer experience.
“Equinix is a critical partner for our new instant viewing feature,” said Mike Osier, vice president, IT operations for Netflix. “With Equinix, we can operate in close proximity to many of our top network service provider partners, with access to a platform that ensures the most streamlined path between our content and our end-users. This results in another value-added feature for Netflix's 6.8 million members.”
“Netflix is poised to become a leading destination on the Internet for the delivery of movies and television programming on demand,” said Margie Backaus, chief business officer of Equinix. “As Netflix and other content companies seek to push large amounts of data to users in a reliable and efficient manner, they are finding that the environment at Equinix provides them with a perfect platform for traffic exchange.”
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.