October 8, 2009
Neuberger Berman Chooses Switch and Data to Safeguard its Critical Operations Infrastructure
TAMPA, Fla. – Oct. 8, 2009 -- Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that Neuberger Berman, an independent global asset management firm, has chosen a Switch and Data site in the northeastern United States to house its critical operations infrastructure.
Neuberger Berman, an investment advisory company serving individuals and institutions with a broad range of investment products, services, and strategies, selected Switch and Data’s site after an extensive diligence process. Switch and Data’s site location, robust security, infrastructure which includes N 1 power and cooling redundancy, as well as the ability to access its existing network providers through the site were key factors in Neuberger Berman’s decision. The site also provides ample space and power availability for Neuberger Berman to scale its operations to meet future requirements. Additionally, the firm will use Switch and Data’s well regarded 24x7 TechSmart® remote technical support service to enable quick site turn-up and provide post-deployment infrastructure maintenance and troubleshooting.
“Reliable infrastructure is mission-critical for a financial services company and this deployment is a crucial element of our operations,” said Paul Metzger, Managing Director, Neuberger Berman. “Switch and Data is part of our multi Data Center high availability infrastructure. By selecting Switch and Data, we gain access to a modern, advanced site with the security, connectivity, and reliability needed to protect our systems today, as well as the space and power availability to scale for the future.”
Switch and Data’s high-performance data centers are provided with full N 1 redundancy for their UPS, generator and cooling infrastructures. They have been designed to support customer power and cooling requirements up to 200 watts per square foot and are provided with 24x7 security and remote technical support. The company’s new sites are also interconnected with the company’s existing fully-deployed data centers to provide access to large numbers of the industry’s leading network service providers.
“Companies in the financial services industry have rigorous technical and reliability requirements for their data center facilities, with connectivity to personnel, clients and capital markets at the forefront of their concerns,” said John Panzica, Vice President of Switch and Data's Financial Services Practice. “We are proud that an industry leader like Neuberger Berman has chosen our site and our staff to protect the more than $160 billion in assets that flow through its infrastructure.”
About Neuberger Berman
Established in 1939, Neuberger Berman is an investment advisory company serving individuals, families, and taxable and non-taxable institutions with a broad range of investment products, services and strategies. Neuberger Berman engages in wealth management services including private asset management, mutual funds, institutional management and alternative investments. For further information about Neuberger Berman please visit www.nb.com.
About Switch and Data
Switch and Data is a premier provider of network-neutral data centers that house, power and interconnect the Internet. Leading content companies, enterprises and communications service providers rely on Switch and Data to connect to customers and exchange Internet traffic. Switch and Data has built a reputation for world-class service, delivered across the broadest colocation footprint and richest network of interconnections in North America. Switch and Data operates 34 sites in the U.S. and Canada, provides one of the highest customer satisfaction scores for technical and engineering support in the industry, and is home to PAIX® — the world's first commercial Internet exchange.
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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 companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired 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; 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. International Business Exchange is a trademark of Equinix, Inc.