May 15, 2006
Equinix Signs New Customers to 10 Gigabit Ethernet Exchange Doubling the Total Port Capacity Sold
Foster City, CA — May 15, 2006 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced several new 10 Gigabit Ethernet customers on the Equinix Exchange service, including NTT America, PCCW Global, Free.fr, Big Pipe, Telecom Italia, Server Central, Cable & Wireless, Hurricane Electric and UPC Broadband, as well as one of the nation's largest cable operators and one of the nation's largest telecommunications companies. Equinix also announced that the total capacity for all sold ports on the Equinix Exchange service has doubled since the introduction of 10 GigE services.
The 10 GigE Equinix Exchange service, currently available in Equinix Internet Business Exchange™ (IBX®) centers in the Washington D.C., Silicon Valley, and Chicago areas, facilitates network and content peering among Equinix customers through a central switching fabric. These peering relationships are the fundamental means by which all Internet traffic, from email to video, is interchanged between networks, and they require a high-performance platform for fast and reliable traffic exchange. The 10 GigE service specifically offers carrier-class stability and increased capacity, enabling network service providers and content companies to manage continued strong traffic growth driven by increasing broadband adoption and new Internet usage trends. In addition to the new customers announced today, existing customers on the 10 GigE platform include Limelight Networks, Time Warner Telecom and nLayer Communications.
Equinix has become a strategic partner in the increasingly important peering infrastructure of many network service providers, content companies and content distributors by reducing transit costs and increasing performance by enabling participants to directly connect to each other and eliminate intermediate network backbones. This streamlined connectivity between networks and content providers enhances performance and reliability and provides a more robust end-user experience.
“The move from a one to a 10 Gigabit Ethernet platform has had a significant impact on our peering operations and enabled us to drastically enhance end-user performance,” said Doug Junkins, vice president of IP engineering at NTT America. “The growth of the platform and the addition of new customers provides us with even greater opportunity to leverage the benefits of additional peering relationships at Equinix.”
“Our migration to a 10 GigE platform enables customers to significantly increase their use of peering, as evidenced by these 10 GigE customers growing their traffic by more than 100 percent since the launch of the service,” said Margie Backaus, chief business officer for Equinix. “We will continue this momentum as we roll out additional 10 GigE platforms in Los Angeles and New York in the next few months.”
Equinix is the peering leader in the U.S., serving the world's leading ISPs, broadband providers, international networks and major content providers. The company's Equinix Exchange service currently has more than 150 customers, including Yahoo!, Google, British Telecom, eBay, Japan Telecom, Electronic Arts, NTT America and others. It is available in Equinix's U.S. IBX centers located in the greater New York, Washington, D.C., Los Angeles, Chicago, Dallas, and Silicon Valley areas, and in Equinix's Asia-Pacific region IBX centers in Sydney, Australia, Hong Kong, Singapore, and Tokyo, Japan.
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.