5TH Annual Upside Hot 100 Award Recognizes Innovation, Leadership and Performance
Redwood City, Calif. May 17, 2000 Equinix, Inc., creator and operator of neutral IBX (Internet Business Exchange)centers, today announced that it has been recognized by UPSIDE magazines as one of its Hot 100 Private Companies.
Equinix, which won an UPSIDE Hot 100 Award in the Internet Infrastructure category, was one of 100 companies singled out by the editors of UPSIDE and an advisory panel comprised of venture capitalists, financial analysts and market researchers. More than 1,000 companies were nominated this year for the UPSIDE Hot 100 Awards, which were judged on the companys technological achievements, customer acceptance of products or services, financial performance, industry partnerships, financial backing, management savvy and marketing. The complete list of the UPSIDE Hot 100 Award winners is published in the June issue of UPSIDE, and can be found online at http://www.upsidetoday.com.
We evaluated hundreds of great companies spanning a broad range of Internet-related market segments, and are pleased to recognize Equinix among this years winners, said David Bunnell, UPSIDE CEO and editor. We feel confident that Equinix and the other companies we have identified in the Hot 100 are among the best young companies in the world and among the best from within their fields of endeavor.
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 carriers, ISPs and site and performance management companies. Content providers and e-commerce companies can deliver content faster over multiple networks, eliminating local loop charges, increasing transaction-based revenues and increasing 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.
Equinixs IBX centers provide improved levels of operational efficiency and reliability. Equinix customers locate their equipment in these IBX centers because they have access to a 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, Equinixs trained Internet/telco-savvy staff is available on-site 24-hours a day, seven days a week to optimize operational uptime.
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. 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 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, MCI 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-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 to Equinixs future growth opportunities.