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Terremark Worldwide, Inc. (www.terremark.com) today announced the closing of its follow-on offering of 60,000,000 shares of its common stock. The shares were sold by Terremark at a price of $0.73 per share. SG Cowen & Co., LLC was the lead manager for the offering.
Terremark Worldwide, Inc. (AMEX:TWW) is an operator of integrated Tier-1 Internet exchanges and network services, creating technology marketplaces in strategic global locations.
Terremark is the owner and operator of the NAP of the Americas, the 5th Tier-1 Network Access Point in the world and the model for the carrier-neutral TerreNAP(sm) Data Centers the company has in Santa Clara, California (NAP of the Americas/West), in Sao Paulo, Brazil (NAP do Brasil) and in Madrid, Spain (NAP de las Americas - Madrid).

Established in 1997, 1-800-HOSTING is one of the oldest and most experienced server hosting providers in the world. We offer Semi-Managed dedicated servers, Fully Managed dedicated servers and Rapid Deployment dedicated servers to meet any server hosting needs.
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