April 20, 2007
David Lister to join as non-executive Director
IX Europe plc (“IXEurope”, AIM: IXE), Europe's specialist datacentre services company with 14 IXDatacentres across four countries, has appointed David Lister a non-executive Director, effective 1st May 2007.
David William Lister, 48, was appointed Chief Information Officer of Reuters Group in 2004. Prior to joining Reuters, David held senior IT leadership roles at Boots Group, Glaxo Wellcome and Diageo after a period of management consultancy with Coopers & Lybrand. He is a member of several IT professional bodies and consultative boards. Born in the UK he holds a degree from Edinburgh University.
Sir Anthony Cleaver, IXEurope Chairman, commented:
"Following our successful flotation in April 2006 we indicated our intention to seek one or more further independent non-executive directors to provide more balance on the board and to bring relevant industry experience. I am therefore delighted that David is joining us. He has extensive international experience in technology markets which will be of great value to the Group. In particular his many years working within large enterprise IT will help reinforce our growing success in this sector, which has grown from almost zero in 2001 to over 45% of our revenues in 2006. We welcome David to our team and look forward to working with him."
Details of all directorships and partnerships held at any time in the previous five years:
Boots the Chemists Ltd - Retired in September 2004
Reuters SA - Fully owned Swiss based subsidiary of Reuters plc - Current
There are no further disclosures to be made under Schedule 2, paragraph (g) of the AIM Rules.
For further details
IX Europe plc
Guy Willner, Chief Executive Officer
020 7689 1400
Chris Godsmark/ Daniel Adams
020 7457 5000
Adrian Duffield/Corinna Dorward
020 7457 2020
IXEurope is one of Europe's fastest growing providers of datacentre services. Its principal activities include primary datacentre services, connectivity services 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 is ISO 9001:2000 certified and has over 450 customers in the enterprise, Internet and networking markets including Merrill Lynch, Deutsche Boerse, Citigroup, Rackspace and SurfControl.
IXEurope is listed on the London Stock Exchange Alternative Investment Market.
For more information please visit the website at www.ixeurope.com
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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