January 20, 2010
With Expansion in New York Market, Abovenet Now Offering Connectivity Services in All 20 of Equinixâs U.S. Data Centers
Network and Infrastructure Services Provider Also Peering and Selling Services Across Nine Equinix Data Centers in Europe
Foster City, CA and White Plains, NY - January 20, 2010 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced that AboveNet has deployed operations to the Equinix New York-1 (NY1) International Business Exchange™ (IBX®) data center, marking the company's deployment to all 20 of Equinix's IBX centers in the U.S. The U.S. deployments, along with AboveNet's operations within nine of Equinix's 20 IBX centers in Europe, enable AboveNet to enhance the exchange of data with other networks and to sell its network and infrastructure services to the aggregation of companies participating in Equinix's centers.
The presence of AboveNet in Equinix's U.S. centers provides existing Equinix customers with direct access to a top global infrastructure services provider. AboveNet operates a global Tier 1 optical IP network, as well as a variety of digital communications infrastructure services, including a metropolitan area fiber network, Ethernet and managed services. By operating within the same center as AboveNet, Equinix IBX participants will be able to quickly and easily establish relationships with the provider.
“We have enjoyed a long and successful relationship with Equinix, and this new deployment in New York marks a significant milestone in that collaboration,” said AboveNet Senior Vice President of Sales and Marketing John �Joc' Jacquay. “Equinix's centers offer an opportunity to make our services available nationwide to a large audience of enterprises, content companies and networks already operating within Equinix's centers. As the demand for carrier Ethernet services continues to grow, we look forward to building out our Ethernet platform at Equinix.”
To enhance its exchange of data, or “peering,” with other Tier 1 networks, AboveNet is utilizing Equinix's global services delivery platform located in IBX data centers within major metro areas, such as Washington, D.C., Silicon Valley and Chicago. Peering is one way in which Internet traffic - from email to video - is exchanged among the backbone networks that make up the Internet. Through Equinix, AboveNet leverages the benefits of direct interconnection to a variety of networks, including some of the largest IP backbone networks.
“As Equinix has expanded operations in the U.S. and globally, AboveNet has increased its commitment to leveraging the marketplace that exists in our global IBX data centers,” said Jarrett Appleby, chief marketing officer for Equinix. “Our partnership with AboveNet offers a strong Tier 1 network and high bandwidth connectivity solution options for the community of IBX participants while offering AboveNet significant new revenue opportunities and a national infrastructure for Tier 1 peering and future carrier Ethernet needs.”
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 45 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/investors. We encourage you to check Equinix's website regularly for the most up-to-date information.
About AboveNet, Inc.
AboveNet, Inc. provides high-bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. metro markets and globally. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government. For more information, visit: www.above.net.
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 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.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.