18 June 2009
euNetworks to Offer New Financial Connectivity Service in Four Equinix Data Centers in Europe
Ultra-low latency service available in Amsterdam, Frankfurt, London and Paris facilities
London, UNITED KINGDOM - June 18, 2009 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, has announced that euNetworks (SGX: H23.SI) will offer its new euTrade service to customers in Equinix's Amsterdam (AM1), Frankfurt (FR2), London (LD4) and Paris (PA2) International Business Exchange™ (IBX®) data centers. The addition of the euTrade service, which offers specialist ultra low latency, high availability connectivity to Europe's financial community, will provide Equinix customers with an additional choice of best-of-breed networks.
Located in Europe's major financial markets, the four Equinix IBX data centers where the euTrade service will be offered are carrier-neutral facilities, providing Equinix customers with access to the broadest possible selection of specialist low latency networking services. In addition, the highly resilient data centers provide a full range of colocation, support and monitoring services.
“Increasing trading volumes, the global nature of banking and trading organisations plus the compliance demands set out by MiFID all make it absolutely imperative that financial services firms have access to the very best available connectivity services,” said Petrina Steele, vice president, business development, Equinix. “euNetworks' new offering is an important addition to our IBX data centers and its ultra low latency, high availability network services will undoubtedly be attractive to our expanding list of European financial customers.”
euTrade provides guaranteed high performance all-optical connectivity for financial firms, and includes a contractual ultra-low latency guarantee, between London and Frankfurt. These contractual guarantees are possible because euNetworks owns a �1billion all-optical network over which it can assure end-to-end performance. Ideally suited to mission-critical trading applications, it is now available in all key European trading locations. Unlike some other services, euTrade can be provisioned in a matter of days. For example, the lead time to activate a new connection in Equinix's Amsterdam, Frankfurt and London facilities is just five working days, and changes can be made in as little as one working day.
“Equinix's data centers are the ideal locations for our new euTrade service. Not only do they offer high availability colocation services, but Equinix is constantly investing in these facilities to ensure operations are always future-proofed,” said Barry Nolan, Chief Operating Officer of euNetworks. “The euTrade-Equinix proposition is very strong; both companies have a wealth of financial sector experience and are focused on delivering ultra-resilient - yet highly flexible - services.”
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 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets 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. We encourage you to check Equinix's website regularly for the most up-to-date information.
About Equinix Financial eXchange:
The Equinix Financial eXchange is a neutral marketplace consisting of financial markets participants including execution 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: Financial.equinix.com
euTrade was developed to deliver high performance Ethernet connectivity specifically for mission critical next generation trading. euNetworks delivers on-demand connectivity between stock exchanges, alternative trading systems/venues and clearing houses in 15 metropolitan networks throughout Europe.
We contractually guarantee ultra-low latency, high availability and fast provide performance. Our euTrade customers, in as little as one day, can increase bandwidth to match trading volume and growth, or add a new site.
Our �1bn all-optical network delivers a new level of freedom and performance. We exclusively offer high-performance networking and specialise in solutions for high performance businesses in the Finance and Media sectors, and Carriers / Service Provider markets. We own 15 metropolitan networks throughout Europe, connected with a fully owned, high-capacity backbone. Because we own the network, we deliver superior performance that we contractually guarantee. Our Carrier Grade services are massively scalable and delivered on-demand, in days not weeks.
euNetworks Group Limited is headquartered in London and publicly listed on the Singapore stock exchange (SGX: H23.SI). euNetworks is initiator and a member of euro-one, a unique collaboration of fibre optic network providers to deliver infrastructure and next generation networking solutions connecting Eastern, Central, Western Europe and North America (www.euro-one.com). For further information please visit www.euNetworks.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 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.