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Equinix Signs Level 3, NorthPoint And Teleglobe To Provide Services In New York Area’s First Internet Business Exchange (IBX)™ Center

Contacts:
Dave Fonkalsrud
Stirling & Karbo, Inc.
(650) 340-2867
DLFonk@aol.com

Julie A. Karbo
Stirling & Karbo, Inc.
(650) 340-2869
jkarbo@skco.com

Best in Class Companies Among First Premier Providers; IBX™ Center More Than 75% Reserved

Redwood City, CA. - March 14, 2000 – Equinix, Inc., creator and operator of the only neutral IBX™ (Internet Business Exchange™)centers, today announced its premier customers of the first IBX™ center in the greater New York area. The IBX™, which is located in Newark, New Jersey, is the only place where Internet content providers, e-commerce companies and Application Service Providers (ASPs)can choose from the widest variety of best-of-breed carriers, ISPs, and web site and performance management companies. The Equinix New York Area IBX™ center’s premier providers include Atlantic Media, The Global Exchange Net, Level 3 (Nasdaq: LVLT), Locus Telecommunications, NaviNet, NonStopNet.net, Inc., NorthPoint Communications (Nasdaq: NPNT), Onyx Networks, a wholly-owned subsidiary of Pacific Gateway Exchange, (Nasdaq: PGEX), and Teleglobe (NYSE: TGO), among others.

"The Equinix New York Area IBX™ center gives our customers the unprecedented ability to choose partners that improve Internet business performance and revenues," said Al Avery, president and CEO of Equinix. "The explosive growth of the Internet presents a historic opportunity for aggressive business expansion. Unfortunately, growth has been constrained because e-businesses haven’t been able to fully take advantage of opportunities using traditional colocation or hosting companies. Equinix customers can pick and choose their partners in a way that allows them to optimize their Internet presence, and devote their resources to expanding growth."

Equinix opened its latest IBX™ center in the greater New York area because the location provides critical Internet fiber connectivity for the northeast region of the United States. In the first three months of operation, more than 75% of the New York area IBX™ center has been reserved.

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.

The Equinix IBX™ centers provide the highest levels of operational efficiency and reliability. Equinix customers locate their mission-critical hardware in these financial-grade fortresses 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 armed 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 twenty-four hours a day, seven days a week to optimize network uptime.

About Equinix
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 company’s 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-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 Equinix’s preliminary rollout plan.