Press Release Summary: Geo has successfully connected into the Equinix London-City (LD1) and London-Slough (LD4) Internet Business Exchange (IBX®) centres, and can now offer high-speed, cost effective fibre network services from these locations, giving Equinix and Geo customers the ability to extend their network and take advantage of diverse routes of connectivity into Slough.
Press Release Body: London, United Kingdom, April 14, 2008 - Geo, a leading provider of dedicated fibre networks, and Equinix, Inc. (Nasdaq: EQIX), the leading global provider of network-neutral data centres and Internet exchange services, today announced that Geo has extended its London data centre footprint with a significant expansion into two Equinix facilities. The partnership will give Geo customers access to Equinix's world-class co-location centres and provide them with the ability to scale their operations and power needs, and increase the reliability and speed of IT operations, while operating within a highly secure physical environment. It is particularly significant for Geo customers in London - an area widely acknowledged to be suffering from space and power shortages.
As a part of the agreement, Geo has successfully connected into the Equinix London-City (LD1) and London-Slough (LD4) Internet Business Exchange (IBX®) centres, and can now offer high-speed, cost effective fibre network services from these locations, giving Equinix and Geo customers the ability to extend their network and take advantage of diverse routes of connectivity into Slough.
"We are delighted to include these Equinix points of presence on to our growing Metro network in London," commented Mark Ryder, London Sales Director at Geo, "These connections complement Geo's existing London co-location facilities, bringing the total connected datacentres on our growing London network to nineteen."
"Working with Equinix will allow Geo customers to experience high-performance, secure technical environments as well as access to a wide range of cost effective network services; allowing them to focus on their core business," added Russell Poole, UK General Manager at Equinix. "In a space-constrained environment, Equinix can provide enterprises the necessary space to host their equipment as well as the much sought after power to operate it."
About Geo
Geo is the only company in the UK to design and build bespoke dedicated fibre network solutions. Geo's revolutionary and flexible approach means that for the first time, organisations can own and control their networks, ensuring that security, high bandwidth and resilience are guaranteed. Geo provides an extensive range of solutions including fully managed networks, dark fibre, lit fibre and co-location services. Geo.National enables network solutions on a national scale, and Geo.Metro provides users with an Ethernet service within the London area. Customers include mobile operators, service providers, major banks and the public sector. www.geo-uk.net
About Equinix
Equinix is the leading global provider of network-neutral data centre and interconnection services, offering premium colocation, traffic exchange and outsourced IT infrastructure solutions. Global enterprises, content companies, systems integrators and network service providers look to Equinix Internet Business Exchange (IBX®) centers for world-class reliability and network diversity. Equinix IBX centers serve as critical, core hubs for IP networks and Internet operations worldwide. With 39 IBX centers located in 18 strategic markets across North America, Europe and Asia-Pacific, Equinix enables customers to reliably operate their mission-critical infrastructure on a global basis. www.eu.equinix.com/
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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 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; 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.