10 November 2009
Hibernia Atlantic Extends its Global Financial Network (GFN) Into Two Equinix Data Centers
Further Providing Low Latency, Redundancy and Connectivity to Local and Global Banks and Exchanges in Key New York Metro Area
SUMMIT, NJ, DUBLIN, IRELAND AND FOSTER CITY, CA - November 10, 2009 - Hibernia Atlantic, the only diverse transAtlantic submarine transport cable provider, and Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced the expansion of its Global Financial Network (GFN) into the Equinix New York-2 (NY2) and New York-4 (NY4) International Business Exchange (IBX®) data centers in Secaucus, New Jersey. This expansion further drives Hibernia Atlantic's redundancy within the New York metro area and reinforces the company's commitment to provide reliable connectivity to its financial customers, bypassing major congestion points located within major metro city centers. This link into Equinix Financial eXchange, a neutral electronic marketplace of active market participants located in the NY2 and NY4 centers, is also a much-desired route for financial exchange traffic, moving from Chicago to Secaucus (bypassing Manhattan when and if necessary) and across the Atlantic Ocean to Slough, UK (bypassing London when and if necessary as well).
With five different dark fiber providers across New York metro as well as 13 network Points of Presence (PoPs) now in the New York metro region, Hibernia's GFN is one of the most resilient, reliable and fastest best-of-breed networks serving the financial community in the metropolitan area and beyond. Hibernia's GFN, built upon 24,000 Kilometers of fiber optic cable, is layered over Hibernia Atlantic's diverse fiber optic network that reaches key financial cities including Toronto, Montreal, Chicago, Boston, Philadelphia, Stamford, Weehawken, Secaucus, Newark, White Plains, New York, Frankfurt, Reading and London. Hibernia's GFN uniquely meets the demanding performance and reliability requirements of the global financial community, by providing fast, active service, low-latency and high performance network connectivity.
“Hibernia's new Secaucus PoPs are based in Equinix's high quality, advanced design facilities that offer financial customers a full range of scalable services, including colocation, interconnection, support and monitoring. The new PoPs extend Hibernia's GFN into Equinix Financial eXchange in the NY2 and NY4 centers,” said John Knuff, director, Business Development for Equinix. Equinix Financial eXchange is an established community of execution venues, buy and sell side firms, and technology utilities that have located at Equinix's high-performance data centers.
“Our continued GFN expansion in New York metro and in other major financial centers reflects our core commitment to provide �security through diversity'—our company philosophy that offers world-class, redundant solutions to our financial customers,” continues Bob McMann, VP of Provisioning and Procurement. “As always, we are committed to finding innovative ways to provide quality, diverse routes, low latency, and rapid provisioning to meet the demanding performance and reliability requirements of the financial community.”
For more information on Hibernia Atlantic's GFN, please visit www.hiberniagfn.com.
For Hibernia Atlantic's company information, please visit www.hiberniaatlantic.com.
About Hibernia Atlantic:
Hibernia Atlantic is the largest, privately held, diverse transAtlantic submarine cable transport provider. Hibernia is a US, wholly-owned subsidiary of Columbia Ventures Corporation (CVC). It is a TransAtlantic submarine cable and terrestrial cable network that offers over (75) redundant network Points of Presence (PoPs) throughout Canada, US, UK and mainland Europe on over 24,000 kilometers of network. Hibernia provides secure and diverse dedicated Ethernet and optical-level service up to GigE, 10G and LanPhy wavelengths and traditional SONET/SDH services. In addition, Hibernia offers wholesale capacity prices, unparalleled support, flexibility and service. For more information on Hibernia Atlantic's cutting-edge network or to view their corporate video, please visit www.hiberniaatlantic.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 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 45 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/investors. We encourage you to check Equinix's website regularly for the most up-to-date information.
About Equinix Financial eXchange:
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: http://financial.equinix.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.
Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.