July 28, 2005
IXEurope brings business continuity to Global Equities
Recent Survey Scores 96% Customer Satisfaction
IXEurope has today announced that it has won a contract with Global Equities, the Paris based investment specialists, to provide enhanced business continuity to its trading network. The threeyear contract is IXEurope's first business continuity client outside of Germany, following the acquisition of leading German Business Continuity player GIC in May this year.
Driven by the requirements of Basel II, the solution will underpin Global Equities' operational risk strategy, guaranteeing business continuity in the event of unforeseen system downtime.
Based in the centre of Paris, Global Equities previous business continuity facility was also located centrally and considered close enough to be exposed to the same risks. Located in a business district north of Paris, IXEurope's facility is 25km from Global Equities office, which is in considered an ideal geagraphic position.
The stateoftheart business continuity service provides 24/7/365 access to a complete suite of custom designed multiscreen backup trading seats. The facility offers considerable levels of resilience and high performance network connectivity, directly linked to MCI, France Telecom and Colt Telecom.
Olivier Bisiaux, CTO of Global Equities, commented, "As we expand our operations, IXEurope's stateoftheart business continuity suite provides a dedicated facility that can be rapidly deployed to meet our requirements. IXEurope's flexible contract terms, geographical location and highly robust and resilient network all contribute to helping us minimise lost trading time should a disaster strike and cause unplanned downtime to our systems."
Bruno Paolini, General Manager of IXEurope's operations in France, said: "The Basel II regulations have made business continuity a key consideration for the majority of businesses, trading firms in particular are turning to solutions that help guarantee and support their infrastructure maintaining constant connectivity with no interruption to their core business. IXEurope can work in partnership with these firms to provide enterpriseclass business continuity and realise zero tolerance for downtime."
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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