April 21, 2006
IXEurope receives the Queens Award for Enterprise
IXEurope Plc, one of Europe's largest and fastest growing independent datacentre outsourcers, has today been honoured with the prestigious Queen's Award for Enterprise, the highest accolade in the United Kingdom that can be made to an organisation. The Queen's Award to IXEurope is being made in recognition of its achievements in developing International Trade.
It is one of just 90 organisations throughout the whole of the United Kingdom to receive this five year award honoured by The Queen in 2006 as she celebrates her 80th birthday.
Established in 1998 with its first IXDatacentre™ opening in London the following year, IXEurope now serves over 400 customers from ten IXDatacentres™ in six cities across France, Germany, Switzerland and the United Kingdom. It employs 120 staff who have delivered an unbroken record of over 30% annual revenue growth in the seven years since the company was established.
The company is regarded as a leading provider of datacentre, connectivity and business continuity services by customers in the enterprise, internet and telecoms markets. Customers across Europe outsource the datacentre element of their IT systems to IXEurope to increase resilience, optimize performance, achieve availability objectives and reduce corporate risk - more cost effectively than doing it in-house.
“IXEurope's remarkable achievement demonstrates the strength of our teamwork across Europe,” said Guy Willner, CEO of IXEurope. “Since we were established we have risen to the opportunities presented in the key European technology markets. The Queens Award is a real tribute to the team, whose foresight, determination and passion for the company has resulted in it becoming one of the European IT industry's great success stories.”
The company's impressive track record at home and particularly overseas is attributable to its highly specified IXDatacentres™ built and managed to rigorous standards, focus on core services that are in tune with the needs of well defined target markets and an ingrained commitment to quality of service and business processes. IXEurope has achieved this as a result of the strength of its management team, vigilant business strategy and decentralized service delivery model.
IXEurope's success has been recognized in ten awards and league table wins in the last four years, and the company has recently scooped Deloitte's European Technology Fast 500, UK Fast 50 and The Sunday Times TechTrack awards for being one of the fastest growing Technology Companies in Europe.
Key highlights in the history of IXEurope include:
1999 - First IXDatacentre opened in London City.
2000 - IXDatacentres opened in Frankfurt (Frankfurt1), Zurich Technopark (Zurich1), Paris and West London.
2000 - ISO9001:2000 accreditation achieved for the first time.
2001 - IXDatacentres opened in DÜsseldorf and Zurich Technopark (Zurich 2).
2002 - Number 1 Sunday Times TechTrack 100, ISPA Best Co-location Provider Award and signed 200th customer.
2003 - Number 25 Sunday Times TechTrack 100,
2004 - Acquisition of Geneva IXDatacentre
2005 - Acquisition of IXDatacentres in Park Royal, North-West London and Frankfurt (Frankfurt2) and acquisition of GICmbh , a provider of business continuity services in Germany.
2006 - IXEurope listed on the London Stock Exchange.
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 has over 400 customers in the enterprise, internet and networking markets including Merrill Lynch, Google, Network Rail and France Telecom.
Founded in 1998, IXEurope was listed on the London Stock Exchange in April 2006.
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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