17 March 2008
Equinix to Provide Data Center and Connectivity Infrastructure for Hulu's New Online Video Service
Foster City, CA — March 17, 2008 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that Hulu, an online video service, is utilizing Equinix Internet Business Exchange™ (IBX®) centers for the delivery of their free streaming service, which recently opened to the public.
Hulu offers a selection of hit shows, clips, movies, and more at Hulu.com and other destination sites online, including AOL, Comcast's Fancast.com, MSN, MySpace and Yahoo! Hulu's selection of premium programming is provided by leading content companies, including FOX, NBC Universal, MGM, Sony Pictures Television, Warner Bros. Television Group and many others.
Hulu will use Equinix's network-rich data center environment to directly connect with an aggregation of network service providers that link to end-users. Equinix's centers offer immediate and direct access to a critical mass of leading carriers, ISPs and network service providers within the same physical location. By operating within this Internet ecosystem, Hulu will have the opportunity to directly link with these companies, rather than connecting to them in multiple, disparate locations and over long distances. This direct connectivity reduces bottlenecks in the path between content and end-users, providing improved performance levels.
Equinix's centers will also provide Hulu with a secure and redundant physical infrastructure with a strong track record of uptime. Power operations at each center include a high-performance backup system that guarantees uninterrupted power even in the event of utility power disruption. Security features include interlocking "mantrap" doors, multiple layers of biometric hand-geometry scanners controlling access, as well as 24-hour security officers and hundreds of surveillance cameras.
“The much anticipated launch of Hulu.com is breaking new ground in the delivery of streaming video, giving consumers entertainment choices when and where they want, free of charge,” said Steve Smith, president and CEO of Equinix. “As rich applications, such as streaming video, have a low tolerance for latency, Hulu and others have found that operating in the same physical environment as an aggregated mass of their strategic network connectivity partners offers a much more efficient means to reliably deliver content that the traditional model.”
Guy Willner, Chief Executive
Karen Bach, Finance Director
020 7533 6618
Adrian Duffield/Clare Warren
020 7457 2815/2055
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.