June 4, 2007
IXEurope Extends Paris IXDatacentre
IXEurope Plc (“IXEurope”, AIM: IXE), Europe's specialist datacentre services company with 14 IXDatacentres across four countries, announces today that it is extending its Paris2 IXDatacentre by 1,500m2 net datacentre space following the opening of the facility in January 2007. This new capacity is in response to strong growth of customer demand in Paris. Acquisition and capital expenditure costs for the Paris2 extension will total approximately GBP 4.5 million to be mostly incurred in 2007.
Located in St. Denis, Paris2 provides a quality datacentre close to central Paris. IXEurope intends to provide certain customers with access to the extension for installation and testing in Q4 2007. The expansion follows the opening of the 1,700m2 Paris2 IXDatacentre in H107 and the expansion of the Paris1 IXDatacentre by 1,500m2 in H206.
Michel Brignano, General Manager of IXEurope France said:
"Extending in this prime location in Paris is in direct response to demand for highly specified datacentre capacity and reflects the Board's expectations on the forward growth and momentum of the business.”
For further details
Guy Willner, Chief Executive Officer
Karen Bach, Chief Financial Officer
020 7689 1400
Adrian Duffield/Corinna Dorward
020 7457 2020
IXEurope is one of Europe's fastest growing providers of datacentre services. Its principal activities include primary datacentre services, connectivity services and business continuity solutions.
IXEurope works with enterprise and Internet customers to provide resilient datacentre infrastructure to house their IT systems far more cost-effectively than through in-house provision. The benefits include optimised IT performance, improved systems availability and reduced corporate risk through improved regulatory compliance. By continually focusing on quality, IXEurope also gives clients exceptional service levels and on-site access to a high level of technical expertise.
With award winning datacentre facilities in key European cities, broad technology expertise and a proven track record, IXEurope provides solutions that give customers the confidence that their operations are protected. The Company is ISO 9001:2000 certified and has over 450 customers in the enterprise, Internet and networking markets including Merrill Lynch, Deutsche Boerse, Citigroup, Rackspace and SurfControl.
IXEurope is listed on the London Stock Exchange Alternative Investment Market.
For more information please visit the website at www.ixeurope.com
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.
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