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InterNAP and Equinix Forge Agreement To Provide High Performance Internet Connectivity In Equinix IBX™ Centers

InterNAP Contact:
Nicole Peters
Stanton Crenshaw Communications
(212) 780-1900
nicole@stanton-crenshaw.com

Equinix Contact:
Maureen O’Brien
Stirling & Karbo, Inc.
650/513-0621
mobrien@skco.com

InterNAP Launches Preferred Co-location Provider Program With Equinix as First Provider

Seattle, WA, and Redwood City, CA. February 3, 2000 – InterNAP Network Services Corporation (NASDAQ: INAP) and Equinix, Inc. today announced plans to provide customers with InterNAP's best-of-breed Internet connectivity inside of Equinix IBX™ centers, launching the InterNAP Preferred Co-location Provider Program. Equinix, creator and operator of the only neutral IBX™ centers (Internet Business Exchange™ centers), is the premier participant in the program. The Preferred Co-location Provider Program will benefit businesses that place a mission-critical reliance upon both the speed and reliability of their Internet connectivity service as well as the quality and neutrality of their interconnection or co-location services provider.

This agreement enables InterNAP to provide their business customers with Equinix IBX™ services. In addition, Equinix customers will be able to choose InterNAP’s high performance connectivity services which provide faster, more reliable performance than conventional Internet connections. InterNAP will initially deploy a P-NAP" (Private Network Access Point) facility in one of Equinix’s upcoming IBX™centers, and the two companies are pursuing a relationship where InterNAP connectivity will be available in Equinix IBX™ centers worldwide.

"This alliance provides InterNAP and our customers with an expansive virtual data center footprint," said Tony Naughtin, InterNAP’s President and CEO. "The combined quality of P-NAP connectivity with Equinix IBX™ centers will be unmatched by traditional co-location providers that rely on conventional, peering-basedInternet connectivity. We are pleased to announce Equinix as the first member of our program."

"Equinix’s mission is to provide content providers and e-commerce companies with a choice of high-quality Internet partners. This level of choice helps eliminate roadblocks to higher performance on the Internet, and allows customers to expand and grow their businesses in ways never before possible," said Al Avery, president and CEO, Equinix. "InterNAP brings a high-quality, complimentary service into our IBX™ centers, and underscores our commitment to providing best-of-breed Internet partners for our customers."

InterNAP’s service routes data to and from businesses across the Internet in a manner that minimizes data loss by avoiding the Internet's conventional traffic exchange process known as "peering." Private and public "peering" arrangements between backbone providers lead not only to congestion at peering points, but also to routing inefficiencies, two factors that significantly reduce the speed of data transmission across the Internet. InterNAP's P-NAP facilities and ASsimilator‘ technology orchestrate the routing of mission-critical data in a faster, more reliable, more managed fashion than conventional Internet technology.

InterNAP services are currently available in numerous key markets throughout the United States including Atlanta, Chicago, Los Angeles, New York, San Jose and Seattle. Major companies and networks served by InterNAP include Amazon.com, Datek Online, Go2Net, ITXC, MindSpring, The NASDAQ, TheStreet.com, WebTV and many others.

Equinix IBX™ centers allow, for the first time, content providers and e-commerce companies the ability to choose the widest range of services from connectivity, applications, and site management companies at strategic locations throughout the world. By providing the power to choose, Equinix eliminates the roadblocks that have restricted the Internet’s ability to scale and keep up with the growth fueled by the critical demand for global e-commerce and business to business interconnectivity. Equinix allows IBX™ center participants to grow their businesses and realize substantial cost savings by providing an unconstrained environment in which the Internet and their businesses can flourish.

About InterNAP
Founded in 1996 in Seattle, InterNAP provides Internet connectivity service that is faster and more reliable than conventional Internet backbone service. InterNAP has developed and patented P-NAP routing and route management technology that it makes available to businesses as a service provider. InterNAP’s service provides direct data transmission across the multiplicity of major Internet backbones through a single connection from a customer’s network to a P-NAP facility. InterNAP’s customers bypass the packet loss, latency, and other difficulties that can plague the conventional Internet connectivity services. For more information, visit www.InterNAP.com.

About Equinix
Equinix, creator and operator of the only neutral IBX™ centers (Internet Business Exchange™ centers) which provide e-commerce and content providers a choice of Internet partners. These centers will serve as the core of a scalable Internet and IP network for the 21st century. IBX™ center design offers e-commerce companies and content providers built-from-the-ground-up colocation with unsurpassed service delivery, unlimited availability of bandwidth from multiple networks, highly scalable interconnection, complete neutrality and unsurpassed financial grade security. ISPs, carriers, application service providers (ASPs)and site management companies have complete access to the services and customers they require to build and expand their businesses. These IBX™ centers will ensure Equinix customers of maximum network connections, content and Internet commerce transaction availability now and in the future, while optimizing revenues and reducing operating costs. Initial Equinix customers include 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. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by InterNAP with the SEC, specifically the most recent filing on Form S-1 and its periodic reports, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, among other things, InterNAP’s history of operating losses and expected future losses, InterNAP’s limited operating history, fluctuations in InterNAP’s quarterly operating results, deployment of new P-NAP facilities and rapid technological and market change. Readers are also 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.

"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.