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| [April 03, 2012] |
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Equinix Expands Sydney 3 Data Center Six Months Ahead of Schedule
SYDNEY --(Business Wire)--
Equinix,
Inc. (Nasdaq:EQIX), a provider of global data center services, today
announced that construction of phase two of its third Sydney
International Business Exchange™ (IBX®)
data center has begun six months ahead of schedule. Driven by high
demand for premium colocation
and interconnection
services from cloud and financial service providers, Equinix (News - Alert) is
investing an additional US$50 million into the expansion of SY3,
doubling the number of cabinets to 2,000. The expansion capital required
is already reflected in the company's 2012 guidance.
As Australia's cloud industry is growing in size and sophistication, phase
one of Equinix SY3, which opened only last year, has seen rapid
uptake. More than 60 new customers have made SY3 their home, bringing
forward the construction of phase two. One of the companies that have
taken advantage of SY3 is Brennan IT, the winner of Australian
Reseller News' Cloud Provider of the Year 2011/12 award. Brennan IT
is rolling out its cloud services platform to small and medium sized
enterprise customers, leveraging
SY3's core infrastructure, along with the plethora of connectivity
options available from 65 telecommunication networks.
"Choosing Equinix SY3 for all of our hosting and interconnection needs
offers us the most reliable platform combined with the opportunity to
leverage Equinix's established ecosystem
of networks and other key partners to accelerate our business
expansion," said managing director, Dave Stevens (News - Alert), Brennan IT. "As we're
doubling our cloud investment every nine months, the relationship
with Equinix forms an important part of our overall cloud strategy. We
welcome Equinix's plan to bring forward the investment in phase two of
SY3, which will offer us further room for growth as we expand our cloud
and managed services portfolio for SMEs."
Coinciding with the expansion, Equinix also announced that its
facilities in Sydney, comprising SY1, SY2 and SY3, have successfully
passed the external audit for ISO 27001, the highest global standard for
information security. This ISO certification provides further assurance
that Equinix provides a high level of security, and is a pivotal
standard for the support of cloud and financial services providers.
"Responding to increased demand from the cloud and financial services
community, we're committed to make an additional 1,000 cabinets in SY3
available as early as September 2012, six months ahead of schedule,"
said Tony Simonsen, country manager, Equinix Australia.
"Interconnections within our sites have accelerated, showing that our
customers are leveraging Platform Equinix to accelerate the growth of
their business."
Simonsen added, "As the data center industry grows in maturity,
questions of information security are taking center stage. We're pleased
to satisfy the highest security requirements with our ISO 27001
certification, which is another key milestone in becoming Australia's
premier business exchange for the secure provision of cloud and
financial trading services."
Equinix continues to invest in innovation as data centers are evolving
into high performance business exchanges where organizations connect
with their ecosystem of partners, suppliers and customers in the digital
supply chain.
Recently, the company launched the Equinix
Marketplace™, a unique initiative that makes it possible for any
company with a presence in any Equinix IBX data center to quickly find
and directly connect to a global value-chain of more than 4,000
potential partners, customers and suppliers of digital services.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and
customers around the world through a global platform of high performance
data centers, containing dynamic ecosystems and the broadest choice of
networks. Platform Equinix connects more than 4,000 enterprises, cloud,
digital content and financial companies including more than 690 network
service providers to help them grow their businesses, improve
application performance and protect their vital digital assets. Equinix
operates in 38 strategic markets across the Americas, EMEA and
Asia-Pacific and continually invests in expanding its platform to power
customer growth. http://www.equinix.com.
Forward Looking Statements
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 acquiring, operating and constructing IBX centers and
developing, deploying and delivering Equinix services; unanticipated
costs or difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive significant
revenue from customers in recently built out or acquired data centers;
failure to complete any financing arrangements contemplated from time to
time; competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay new or
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.
International Business Exchange is a trademark of Equinix, Inc.

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