June 6, 2010
IPC Extends Support to Equinix-Enabled Financial Ecosystems in Key Metropolitan Regions Throughout Asia-Pacific
Electronic Connectivity Services portfolio now available to the financial community through Equinix's Hong Kong, Singapore and Tokyo International Business Exchange Data Centers
Hong Kong, Singapore, Tokyo, Japan — June 7, 2010 — Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services, and IPC, a leading provider of indispensable financial trading communications solutions, today announced that IPC has extended its core networking infrastructure to additional Equinix International Business Exchange™ (IBX®) data centers located throughout the Asia-Pacific region. IPC's expanded presence in Hong Kong, Singapore and Tokyo and will strengthen the company's capability to support the growing demand for its portfolio of Electronic Connectivity Services.
Last month, IPC and Equinix announced IPC's plan to extend its services to Equinix IBX data centers located in Asia-Pacific and Europe. IPC also leverages Equinix across North America in Chicago, New York and Toronto.
The Asia-Pacific market presents significant potential to the financial community as Asian exchange volumes continue to experience accelerating growth. With market de-regulation and the emergence of alternative trading venues and new market entrants, there is an increasing demand for inter-connectivity with multiple venues, participants and geographies in the region. The sheer scale of the region's geography also creates demand for Equinix's industry-leading interconnection services that enable the strategic financial ecosystems where firms are connected to key customers and partners to optimally transact business.
IPC's private and secure network interconnects more than 200 cities across six continents. The network has built-in resiliency for the highest levels of service availability and lowest latency, which is an ideal connectivity option for the members of the Equinix electronic trading community. The participants in Equinix-enabled financial ecosystems can reach out to more than 2,400 trading floors and almost 4,000 market participants and exchanges globally connected by the IPC network.
The network upgrade will strengthen IPC's offer of high-quality, reliable and scalable trading connectivity solutions for successful electronic trading. Equinix's global footprint of network-neutral IBX data centers also provides IPC a wide choice of connectivity options with networks, carriers and Internet service providers to optimize network performance.
“IPC's decision to select Equinix's premier data center services in Hong Kong, Singapore and Tokyo is another vote of confidence for Equinix across the Asia-Pacific region,” said David Wilkinson, senior director, Business Development of Equinix in Asia-Pacific. “Our established ecosystems of financial communities in our IBX data centers present an immediate market opportunity to IPC, hence facilitating its penetration into the regional markets.”
“A growing customer base here in Asia-Pacific means there is a need to enhance IPC's infrastructure within the region,” said David Dodd, Managing Director, IPC Asia-Pacific. “Equinix's premier data center services, global footprint and depth of operational experience meet our stringent requirements. Our network extension within the Equinix Asia-Pacific region can propel our service offerings to new heights, allowing us to better support the demand for scalable and high-performance connectivity in the region.”
IPC is a leading provider of indispensable financial trading communications solutions to the world's top financial services firms and global enterprises. With 35 years of expertise and innovation, IPC provides its customers with global systems and solutions, as well as a suite of products and enhanced services that includes advanced Voice-over-IP technology and integrated network and 24x7x365 management services for more than 40 countries. Based in Jersey City, NJ, IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com.
About Equinix in the Global Financial Markets
Equinix provides a neutral meeting place for the world's leading financial market participants including trading 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.
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 more than 575 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 87 data centers across 35 metro regions 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.
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.