2. April 2008
Hibernia Atlantic Deploys Network Points of Presence Within Equinix IBX Data Centers
Summit, NJ and Foster City, CA — April 2, 2008 — Hibernia Atlantic, the only diverse TransAtlantic submarine transport cable provider, and Equinix, Inc. (Nasdaq: EQIX), the leading global provider of network-neutral data centers and Internet exchange services, today announced that Hibernia will provide Ethernet transport services to the aggregation of companies operating within Equinix Internet Business Exchange (IBX®) centers in the Chicago, Frankfurt, New York and Washington, D.C. area markets.
The news is particularly relevant to global financial institutions, large corporations and major carriers that would like to migrate their networks to reliable and cost effective Ethernet transport. Hibernia's Transparent and Layer 1 GigE service provides SDH performance with full Ethernet functionality. The service will provide an additional network option for the aggregation of companies operating within Equinix's network-neutral data centers, specifically the financial industry customers participating in the Equinix Financial eXchange service. This service provides a highly resilient and low-latency platform for financial trading exchange companies to interconnect with each other and multiple service providers.
“Equinix gives Hibernia a competitive advantage when it comes to diverse carrier-neutral sites,” states Eric Gutshall, Executive Vice President of Sales and Marketing for Hibernia Atlantic. “Our customers can logically decide to bypass major metro congestion points that continue to be failure points within most common designed networks. Cable cuts, routing and landing points in Asia Pacific and the Middle East should wake up network design architects to the reality of our world. Equinix's aggregation of networks and financial trading companies gives Hibernia a superior edge to the common, customary carrier route designs of yesterday.”
“Our Financial eXchange community approach provides financial organisations with secure, reliable and low latency connectivity to global financial trading centres as well as the speed and proximity to global execution venues that algorithmic and alternative trading strategies increasingly rely upon,” added Petrina Steele, Equinix's Vice President for Business Development in Europe.
In addition to proximity services that offer direct market access to major trading exchanges, Equinix also provides its Financial eXchange community members with the high levels of connectivity they need to access the growing number of multiple trading venues they need to connect with in today's post MiFID and Reg NMS environments.
“Equinix already provides direct access to more than 300 networks. We are delighted to strengthen our connectivity offering with the Hibernia Ethernet solution. Hibernia Atlantic distinguishes itself from other submarine transport providers by its geographic diversity, but also by its continuous responsiveness to the demands of the marketplace,” concludes Petrina.
For the complete Hibernia Atlantic network map and service offerings, videocasts and the Hibernia Atlantic Blog, please visit www.hiberniaatlantic.com. If you have additional questions on network capacity, please email
About Hibernia Atlantic
Hibernia Atlantic is a privately held, US-owned, transatlantic submarine and terrestrial cable network, with over 50 redundant network Points of Presence throughout Canada, US, UK and Europe. Hibernia provides dedicated Ethernet and optical-level service up to GigE, 10G and LanPhy wavelengths and traditional Sonet/SDH services. For more information on Hibernia Atlantic's cutting-edge network, please visit www.hiberniaatlantic.com.
To view Hibernia's corporate overview video, please click here.
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.