May 1, 2007
UK's leading networks to connect to major new London IXDatacentre
IXEurope has today announced that some of UK's leading carriers have chosen its London Slough IXDatacentre™ to extend their networks and provide fibre connectivity to datacentre customers.
IXEurope, Europe's specialist datacentre services company, has today announced that some of UK's leading carriers have chosen its London Slough IXDatacentre™ to extend their networks and provide fibre connectivity to datacentre customers.
At this stage IXEurope can confirm that six carriers have signed agreements to provide network services in the site. In addition to the incumbent UK operator, these include Abovenet, Cable & Wireless, COLT, Exponential-e, Verizon and Vtesse, all of whom will be available for service by the launch in the summer of this year. In total a dozen network providers have agreed or expressed an interest in providing services from the datacentre.
Des Collier, Network Acquisitions Manager at Cable&Wireless comments: “We have established and fostered a long and mutually rewarding relationship with IXEurope and are excited about the opportunities presented by the forthcoming West London datacentre opening. The site provides excellent target market alignment and IXEurope's continued success in the financial, internet and corporate sectors makes its datacentres a very interesting marketplace for C&W.”
It is the newest facility to open in London for several years and will provide customers with an array of carrier connectivity options for single-point-of-contact control and accessibility.
"Interest from carriers has been considerable with over a dozen well reputed providers keen to extend their network to the site. With this level of carrier presence our customers can enjoy a substantial advantage in carrier choice as well as network resilience, diversity, speed and quality,” said Russell Poole, UK General Manager at IXEurope.
This London4 IXDatacentre complements the Group's existing London facilities in the City, Park Royal and West London. This new four-acre campus will initially deliver 5,000m2 of net datacentre space and could later be expanded by a further 5,000m2 of high specification net space with 24 megawatts of provisioned power, including provision for high density power configurations such as blade-server farms.
The design has been well received by customers and the first contract has already been signed with an initial value of �20m over 10 years excluding power provision and represents over 15% of phase 1 datacentre capacity.
To capture the market demand, IXEurope has decided to increase the planned specification and accelerate the fit-out of phase 1 and prepare for phase 2 by building the mezzanine floor in preparation for future datacentre build-out. Phase 1 will be ready for occupation during summer 2007.
IXEurope is one of Europe's fastest growing providers of datacentre services. Its principal activities include primary datacentre services, hosting infrastructure and business continuity solutions.
IXEurope works with enterprise and internet customers to provide resilient datacentre infrastructure to house their IT systems far more cost-effectively than through in-house provision. The benefits include optimised IT performance, improved systems availability and reduced corporate risk through improved regulatory compliance. By continually focusing on quality, IXEurope also gives clients exceptional service levels and on-site access to a high level of technical expertise.
With award winning datacentre facilities in key European cities, broad technology expertise and a proven track record, IXEurope provides solutions that give customers the confidence that their operations are protected. The Company has over 450 customers in the enterprise, internet and networking markets including Merrill Lynch, Deutsche B�rse Systems AG, Network Rail and France Telecom.
Founded in 1998, IXEurope was listed on the London Stock Exchange in April 2006.
For more information please visit the website at www.ixeurope.com
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.
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