Investor Relations Press Release

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Trammell Crow Company Selects Equinix as Primary Data Center Provider
    FOSTER CITY, Calif.--(BUSINESS WIRE)--June 28, 2004--

    Real Estate Services Company Leverages Aggregation of Networks
       and High-Performance Environment of Equinix Internet Hub

Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that Trammell Crow Company (NYSE:TCC), one of the nation's largest diversified commercial real estate services companies, has moved its primary IT infrastructure to an Equinix Internet Business Exchange(TM) (IBX(R)) center. The move enables Trammell Crow Company to establish direct interconnections with multiple networks participating in the center and to deploy a new IT hardware solution.

Trammell Crow Company offers building management, brokerage, project management, and development and investment services to both investors in and users of commercial real estate. Using the Equinix IBX center, Trammell Crow Company has deployed its server and data network infrastructure within the facility.

Additionally, by moving to the Equinix IBX center, Trammell Crow Company is hosting its IT operations in a high-performance environment that offers state-of-the-art security, power provisioning and HVAC/environmental control. This is essential for Trammell Crow Company's strategic migration to a next-generation, high-density infrastructure in a cost effective manner and to improve its computing capacity.

"Equinix offers us a robust environment to implement our strategic IT infrastructure, including access to a critical mass of carriers and the most advanced and reliable power and cooling environment," said Don Goldstein, managing director of Trammell Crow Company's IT group.

"Equinix provides a strong value proposition for traditional enterprises, such as Trammell Crow Company, to house their data center operations," said Peter Van Camp, CEO of Equinix. "Equinix serves as a partner in enabling these companies to implement a flexible, but high-performance infrastructure that meets their most demanding business needs."

About Equinix

Equinix is the leading global provider of network-neutral data centers and Internet exchange services for enterprises, content companies, systems integrators and network services providers. Through the company's 14 Internet Business Exchange(TM)(IBX)(R) centers in five countries, customers can directly interconnect with every major global network and ISP for their critical peering, transit and traffic exchange requirements. These interconnection points facilitate the highest performance and growth of the Internet by serving as neutral and open marketplaces for Internet infrastructure services, allowing customers to expand their businesses while reducing costs.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of operating IBX centers and developing, deploying and delivering Equinix services; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay outstanding indebtedness; the loss or decline in business from our key customers and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.


    CONTACT: K/F Communications, Inc. (for Equinix)
             David Fonkalsrud, 415-255-6506
             dave@kfcomm.com

    SOURCE: Equinix, Inc.