October 3, 2006
Equinix Enhances its Financial Exchange Platform with Connectivity to Chicago Mercantile Exchange
Foster City, CA — October 3, 2006 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced a joint service agreement with the Chicago Mercantile Exchange (www.CME.com), the world's largest and most diverse financial exchange, offering direct fiber connectivity between Equinix's Chicago Internet Business Exchange™ (IBX®) center and the CME. The service is available immediately to customers of the Equinix Financial eXchange™ service in the Chicago IBX and CME customers.
The agreement further strengthens the position of Equinix's Chicago IBX center as a strategic hub for the connectivity and IT operations of financial trading companies. With critical requirements for the highest levels of security and uptime, these companies can directly interconnect with an aggregation of network service providers and other trading partners within Equinix's Chicago hub, eliminating the cost as well as the performance degradation associated with linking to multiple partners over great geographic distances, while enhancing redundancy and reliability.
The new connectivity platform with CME will be offered to CME customers through Equinix Financial eXchange (FX), a service designed to meet the specific needs of the financial trading industry. FX offers a fast, reliable and convenient platform for banks, financial trading companies and financial exchanges to interconnect with each other and with multiple network service providers in order to execute financial transactions. The results are faster transaction processing, lower costs, and enhanced trading capabilities. Some of the largest names in the industry are participating in the service, including optionsXpress, Rosenthal Collins Group LLC and TradeStation.
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.
Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.