Redwood City, CA. July 25, 2000 Equinix, Inc., creator and operator of neutral IBX (Internet Business Exchange) centers, today announced the addition of two industry leaders to its Board of Directors. Dawn Lepore, vice chairman and chief information officer for The Charles Schwab Corporation and Scott Kriens, chairman, president and chief executive officer of Juniper Networks, Inc. (NASDAQ: JNPR) have been elected to the companys Board of Directors effective immediately.
"Dawn and Scott have each distinguished themselves in key segments of the Internet economy and led their respective organizations to the top of their markets. The collective Internet expertise and vision they bring to our Board will round out the strong team we already have in place, and will provide unique insight and guidance to our organization moving forward," said Peter Van Camp, CEO, Equinix.
At Schwab, Lepore is responsible for the companys worldwide use of information technology, including all telecommunications, operations and customer and business applications, and has played a leadership role in the expansion and redesign of Schwabs information systems, now recognized as one of the most advanced in the industry. As CEO of Juniper Networks, Kriens has built the company from its early days of product development to the broad commercial success of todays expanding customer and product portfolio. Prior to Juniper Networks, Kriens was a founder and officer of StrataCom, Inc.
Equinix designs, builds and operates neutral IBX centers (Internet Business Exchange centers) which provide e-commerce companies, content providers and ASPs with the power to choose from a wide variety of Internet partners. Equinix IBX centers are designed from the ground up to provide content providers, ASPs and e-commerce companies with service delivery, availability of bandwidth from multiple networks, scalable interconnection, complete neutrality and multi-level physical security. ISPs, carriers and site performance management companies have access to the services and customers they require to build and expand their businesses. Equinix customers include Cable & Wireless, Concentric, InterNAP, WorldCom, NorthPoint Communications, StorageNetworks and Teleglobe. 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 may contain forward-looking statements that involve risks and uncertainties relating to Equinix. 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-1, 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 to Equinixs future growth opportunities.