July 11, 2005
Equinix Receives "Strong Positive" Rating in Leading Market Analyst Report on Internet Data Center Colocation
Foster City, CA — July 11, 2005 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, has received a "strong positive" rating in Gartner's recently released "Marketscope: Internet Data Center Colocation, United States, 2005."
The report establishes a new rating system focused exclusively on colocation through criteria that review data centers, network access, product portfolio, service and support, and financial viability. Gartner considers companies receiving a "strong positive" rating to be "solid providers of strategic products, services or solutions" and recommends that existing customers "continue investments" while potential customers "consider the vendor a strong strategic choice."
"Equinix is thrilled to have received a strong positive rating in Gartner's report on Internet Data Center Colocation," said Peter Van Camp, CEO of Equinix. "We feel our steady growth as a company, coupled with this influential rating by Gartner further confirms Equinix's ability to support the growing IT infrastructure needs of today's businesses."
Equinix provides Internet Business Exchange™ (IBX®) data centers and network exchange services that enable enterprises and Internet businesses to quickly, easily and privately interconnect with a choice of business partners, service providers and customers, providing them with the flexibility, speed and adaptability they need to accelerate business growth and improve Internet performance.
The MarketScope is copyrighted June 2005 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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.