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IBM to Provide Web Hosting Services in Equinix IBX(TM) Centers

MOUNTAIN VIEW, Calif. and SOMERS, N.Y., Sept. 19 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX) and IBM (NYSE: IBM) today announced that IBM will offer its Web hosting services in Equinix neutral Internet Business Exchange(TM) (IBX(TM)) centers in four major metropolitan regions including the Silicon Valley, Washington, D.C., and New York areas. As part of the multi-year, $90 million agreement, IBM will establish new IBM e-Business Hosting Centers in Equinix IBX(TM) centers to accommodate growing demand for Web hosting services.

In Equinix IBX(TM) centers, IBM will be able to deliver Web hosting services in a unique, neutral environment with links to multiple bandwidth providers and high quality interconnection services. As a result of its agreement with Equinix, IBM will continue to expand its ability to provide Web hosting customers with the high levels of reliability, performance, and scalability they require for their mission-critical business needs.

In addition to serving its own customers in the new IBX(TM) centers, IBM Global Services will also offer other IBX(TM) participants -- such as content providers, e-commerce companies and application service providers -- a wide range of services to help them improve the performance, scalability, and cost-efficiency of their information technology operations. Among the services IBM will offer are e-business strategy, Web design, application development, systems performance testing, security evaluations, implementation, and systems management.

Commenting on its agreement with Equinix, Rusine Mitchell-Sinclair, general manager, managed e-business services, IBM Global Services, said: "To meet increasing demand for Web hosting services, we will open new IBM e-Business Hosting Centers in IBX(TM) centers across the United States. In these centers, we will offer a wide range of Web hosting services -- from colocation to fully managed hosting -- in Equinix's state-of-the-art, neutral environment. Through IBM's e-business consulting and other services, Equinix's customers will be able to benefit from many of the same e-business competencies we provide our own customers."

"IBM chose Equinix IBX(TM) centers for its Web hosting needs because we provide a unique combination of benefits that helps the company better serve its customers," said Peter Van Camp, CEO of Equinix. "Our broad choice of Internet companies in each IBX(TM) center allows IBM to offer its customers greater service options which can be deployed faster. In addition, the quality of our centers meets IBM's stringent standards."

Equinix IBX(TM) 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.

About Equinix

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(TM) centers are designed from the ground up to offer 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, InterNAP, IBM, Loudcloud, Ogilvy & Mather, Qwest, StorageNetworks, WorldCom and Yipes. For more information, please visit the company's Web site at www.equinix.com.

About IBM Global Services

A world leader in hosting and e-business services, IBM manages 73,000 servers from multiple hardware vendors in 133 data centers worldwide. Earlier this year, the company announced plans to open 65 new IBM e-Business Hosting Centers in the U.S. and in Europe. IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM offers a wide range of services, solutions and technologies that enable telecommunications service providers and equipment suppliers to take full advantage of the new era of e-business. IBM Global Services is the world's largest information technology services provider, with 1999 revenues of more than $32 billion. For more information, visit www.ibm.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.

CONTACT: Maureen O'Brien of Equinix, Inc., 650-716-2043, or mobrien@equinix.com; or Nancy Kaplan of IBM, 914-766-4265, or nkaplan@us.ibm.com; or David Fonkalsrud of Stirling & Karbo, Inc., 650-340-2867, or dlfonk@aol.com, for Equinix, Inc./