LOS ANGELES, Sept. 28 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), creator and operator of the only neutral Internet Business Exchange(TM) (IBX(TM)) centers, today announced the grand opening of its 62, 000 square foot IBX center in Los Angeles. Initial participants in the center include Cable & Wireless (NYSE: CWP), Cidera, Excite@Home (Nasdaq: ATHM), Level 3 Communications, Inc. (Nasdaq: LVLT), Qwest Communications International (NYSE: Q), StorageNetworks, Inc. (Nasdaq: STOR) and WorldCom Inc. Prior to opening, the 62,000 square foot center is 28 percent sold.
Equinix's uniquely neutral IBX centers enable Internet companies to quickly, easily, and privately interconnect with a choice of business partners and customers, providing them with the flexibility, speed, and adaptability they need to accelerate business growth, and improve Internet performance. Today's announcement marks the fifth IBX center opened, with other centers located in the greater New York, Washington, D.C., Dallas and Silicon Valley areas.
"The Equinix LA IBX center will provide a critical link for Los Angeles area technology and entertainment companies to do business with leading Internet companies," said Peter Van Camp, CEO of Equinix. "Within the center, these companies can leverage the benefits of choosing from the critical mass of leading Internet business partners participating in the center to grow their Internet presence and improve business performance."
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 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 and performance management companies can service a larger customer base, save on training and staffing operations, and increase revenue.
Equinix's IBX centers provide improved levels of operational efficiency and reliability. Equinix customers locate their mission-critical hardware in these centers because they have access to a unique combination of global partners and customers, services and security designed to reduce Internet operations costs and increase revenues. Security features include 24x7 guards, biometric hand-geometry scanners on all doors and cages, disaster protection and tightly controlled customer access. In addition, Equinix's trained Internet/telco-savvy staff is available on-site 24-hours a day, seven days a week to optimize customer uptime.
Equinix designs, builds and operates neutral IBX(TM) centers (Internet Business Exchange(TM) 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, 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, Ernst & Young, IBM, InterNAP, Loudcloud, NorthPoint Communications, Ogilvy & Mather, StorageNetworks, Inc., and WorldCom. For more information, please visit the company website 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 Equinix's future growth opportunities. SOURCE Equinix, Inc.
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