May 20, 2009
Hibernia Atlantic Extends its Global Financial Network into Equinix London Data Center, Adding Another Major Financial Hub Onto its Network
SUMMIT, NJ, DUBLIN, IRELAND & LONDON, ENGLAND - May 20, 2009- Hibernia Atlantic, the largest, privately held and only diverse TransAtlantic submarine transport cable provider and a wholly-owned subsidiary of Columbia Ventures Corporation and Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that Hibernia Atlantic has expanded its network into Equinix's LD4 London Slough International Business Exchange (IBX®) data center. This new Point of Presence (POP) extends Hibernia Atlantic's footprint in the London area and reiterates the company's commitment to providing redundant, reliable connectivity solutions by-passing major congestion points generally located within major metro city centers. This POP also extends Hibernia's Global Financial Network (GFN), into Equinix Financial eXchange, a neutral electronic marketplace consisting of active financial market participants, which is located within the LD4 center.
The GFN is layered over Hibernia Atlantic's diverse fiber optic network reaching key financial cities including Toronto, Montreal, Chicago, Boston, Philadelphia, Stamford, Weehawken, Secaucus, Newark, White Plains, New York, Frankfurt, Reading and London. It is specifically designed to meet the demanding performance and reliability requirements of the global financial community by providing fast, active service, low-latency and high performance network connectivity.
Within the LD4 data center, the GFN will have a direct connection to Equinix Financial eXchange's established community of execution venues, buy and sell side firms, market data providers and technology utilities, that have located at Equinix's high performance data center to access the widest choice of low-latency networks and to directly exchange data with strategic partners and customers in close proximity. The high quality, advanced design LD4 facility offers financial customers a full range of scalable services, including colocation, interconnection, support and monitoring.
“Equinix's facility provides Hibernia Atlantic, and the GFN, the ability to offer additional network options to the global financial community already benefiting from Equinix's Financial eXchange platform,” commented Joe Hilt, Vice President of Sales for North America. “The GFN provides flexible solutions, including dedicated Packet over SONET (POS), on Hibernia's 24,000 kilometer low-latency, resilient network.”
“This expansion marks Hibernia's presence in five Equinix data centers in the US and Europe,” added Petrina Steele, Equinix's Vice President for Business Development in Europe. “Hibernia Atlantic's TransAtlantic cable system, which has a reputation for providing a redundant, diverse route from traditional networks, will bring value to our Financial eXchange community that requires secure, reliable connectivity to the financial hubs around the world.”
“We are committed to providing quality services, quickly,” continued Joe Hilt. “By choosing Equinix's LD4 facility in London Slough, we can now offer installation within five days from signature to service or one month free guaranteed.”
About Hibernia Atlantic:
Hibernia Atlantic is the only privately held, diverse TransAtlantic submarine cable transport provider. Hibernia is a US, wholly-owned subsidiary of Columbia Ventures Corporation (CVC). It is a dual TransAtlantic submarine cable and terrestrial cable network that offers over (70) redundant network Points of Presence (PoPs) throughout Canada, US, UK and mainland Europe on over 24,000 kilometers of network. Hibernia provides secure and diverse dedicated Ethernet and optical-level service up to GigE, 10G and LanPhy wavelengths and traditional Sonet/SDH services. In addition, Hibernia offers wholesale capacity prices, unparalleled support, flexibility and service. For more information on Hibernia Atlantic's cutting-edge network or to view their corporate video, please visit www.hiberniaatlantic.com.
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About Equinix Financial eXchange:
Equinix Financial eXchange is a neutral marketplace consisting of financial markets participants including execution venues, buy and sell side firms, market data providers, technology providers and financial networks; that locate servers and infrastructure within Equinix data centers in order to support highly reliable, low latency connectivity for a broad range of market participants. Learn more at: http://financial.equinix.com
About Equinix, Inc.:
Equinix, Inc. (NASDAQ: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com. We encourage you to check Equinix's website regularly for the most up-to-date information.
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.
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