Stirling & Karbo, Inc.
Redwood City, CA. - March 23, 2000 Equinix, Inc., creator and operator of the only neutral IBX (Internet Business Exchange)centers, today announced that it was named Investors Choice at Network Outlook, the eighth annual networking industry outlook conference hosted by Technologic Partners last week. Equinix was chosen as a company most likely to succeed from 90 privately financed networking companies that presented their business plans to an audience of several hundred venture capitalists, money managers, investment bankers, and industry executives.
Equinix was selected for an Investors' Choice award based on audience votes and on recommendations from a panel of distinguished technology investors and observers that included Neal Dempsey, general partner at Bay Partners; David W. Hanna, chairman of Hanna Capital Management; Bruce Sachs, general partner at Charles River Ventures; and Timothy P. Savageaux, research analyst at W.R. Hambrecht & Co.
The sold-out attendance and high energy level at this conference attest to a continuing strong investor interest in companies that are attacking network bottlenecks, according to Richard A. Shaffer, founder of Technologic Partners and the conference's host.
Being named Investors Choice at Network Outlook underscores the strength of Equinixs mission to provide Internet businesses with the power to choose best-in-class partners to accelerate business growth and allow a faster, more reliable Internet, said Al Avery, president and CEO, Equinix.
Equinix IBX centers provide a secure home for the Internet where content providers, ASPs and e-commerce companies have the ability to interconnect with a choice of best-in-class carriers, ISPs, and site and performance management companies. Content providers and e-commerce companies can deliver content dramatically faster, access multiple networks, eliminate local loop charges, increase transaction-based revenues and increase customer satisfaction via a higher quality customer web experience. Carriers, ISPs and site management and enhancement companies can service a larger customer base, maximize revenue, save on training and staffing operations, and easily provide provisioning to customers.
Technologic Partners' Outlook conferences provide a unique forum for chief executives of the most important new companies in technology. Technologic publishes the authoritative newsletters ComputerLetter and VentureFinance and is the leading producer of investment forums focusing on early-stage technology companies.
Equinix is the creator and operator of the only neutral IBX centers (Internet Business Exchange centers) which provide e-commerce companies, content providers and ASPs with power to choose from the widest variety of Internet partners. These centers facilitate the growth of the Internet and serve as the core of IP network interconnection for the 21st century. Equinix IBX centers are designed from the ground up to offer e-commerce companies and content providers with unsurpassed service delivery, unlimited availability of bandwidth from multiple networks, highly scalable interconnection, complete neutrality and unsurpassed financial-grade security. ISPs, carriers and site performance management companies have access to the services and customers they require to build and expand their businesses. Initial Equinix customers include MCI Worldcom, Level 3, InterNAP, NorthPoint Communications, Akamai, Teleglobe, NaviNet, and Concentric. For more information, please visit the companys Web site at www.equinix.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that involve risks and uncertainties relating to Equinix, including without limitation statements regarding the efficiencies of IBX customers. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Equinix with the SEC, specifically the recent filing on Form S-4, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including among other things, risks relating Equinixs preliminary rollout plan.