Equinix Opens New Data Center in the Silicon Valley

Equinix, Inc. (www.equinix.com), a provider of network-neutral data centers and Internet exchange services, today announced that it has signed a long-term lease for an additional 103,000 square feet of data center space in San Jose close to the company's two other Internet Business Exchange™ (IBX®) centers in the region.

"Equinix continues to experience strong demand in Silicon Valley for our high-performance Internet hubs where a critical mass of networks, enterprises and content companies can operate and directly exchange traffic with each other," said Peter Van Camp, CEO of Equinix.

As a result of the addition of the new facility, Equinix has updated guidance for the year ending December 31, 2005.

The expansion, acquired through the purchase of assets and the assumption of the existing data center lease from AboveNet, adds approximately 2,000 cabinets.

The expansion increases Equinix's Silicon Valley footprint to approximately 400,000 square feet and its global footprint to approximately 1.4 million square feet, solidifying Equinix's position as the leading provider of network-rich data centers and Internet exchange services. Equinix intends to begin placing new customers in the center starting March 1, 2005.

"This expansion comes as a result of the tremendous success we have seen in our San Jose center and the Santa Clara center that we opened one year ago, and it gives us additional capacity to maintain our momentum in this market with minimal capital investment."