Terremark, LINX and Lucent to Host Global Peering Experts At TerreBit Peering Forum

MIAMI, FL - February 15, 2005 - Terremark Worldwide, Inc. (AMEX:TWW), a leading operator of integrated Tier-1 Internet exchanges and best-in-class network services, the London Internet Network Exchange (LINX) and Lucent Technologies (NYSE:LU) today announced that they will host more than 125 global peering experts from around the world at the annual TerreBit Peering Forum to be held in Miami, Florida and the Bahamas from March 4-7, 2005.

The forum is designed to assemble peering coordinators from South America, North America, Europe and Asia in a neutral environment to discuss interconnection of their autonomous networks. In addition, participants will attend in-depth presentations from industry experts on peering rollouts, policies, trends and general technical topics of interest to the peering coordinator community.

Featured peering experts include:
 
    --  Daniel Golding, Analyst with the Burton Group, presenting
        "Exchange Point Colocation and Peering for the Enterprise";
 
    --  Peter Cohen, Peering Coordinator for TeliaSonera, presenting
        "Tools for Peering Coordinators";
 
    --  Barrett Lyon, CTO of Prolexic, presenting "In the Trenches of
        Cyber Warfare";
 
    --  John Todd, CTO of Tello, Inc., presenting "VoIP Peering
        .....Hype or Fact?";
 
    --  Michael Mulhern, U.S. State Department, presenting "IP
        Customer Issues from the Federal Perspective";
 
    --  Todd Underwood, Peering Coordinator for Renesys, presenting
        "Network Interconnection Strategy Portal: Preview and
        Invitation"; and
 
    --  Joe Pucik, MCI MAE Engineering, presenting "Where are the
        MAE's now?... MPLS for the Masses!".
Peering enables data to pass from one network to another without the need of intermediary networks or bottlenecks. As pressure builds to lower the cost of doing business while improving network performance, peering has become an essential element of most network strategies.

The TerreBit Peering Forum will give delegates an opportunity to discuss different peering policies and peering economic models, as well as to meet the faces behind the corporate names. "Confidence in your peering partners plays a major role in peering decisions and this event will help to build confidence on a personal as well as corporate level," said Vanessa Evans, Sales & Marketing Manager at LINX.

Participants at this TerreBit Peering Forum include peering coordinators from AOL, BT, TeliaSonera, Ebay, Microsoft and Terremark's customers such as Savvis, Google, Cogent, France Telecom, Yahoo!, MCI, T-Systems, Telecom Italia, Teleglobe, Brazil Telecom and Packet Clearing House, among others.

"Together with our partners, LINX and Lucent, we are delighted to again host the TerreBit Peering Forum," said Jamie Dos Santos, Chief Marketing Officer at Terremark Worldwide Inc. "Selecting which organizations to peer with is a major strategic function that impacts not only the technical but also the financial performance of the organization. This forum facilitates the successful interaction of the worlds Peering Coordinators and Exchange Point Operators in a neutral environment."

The forum will be held at the Radisson Hotel in Miami, Florida from 8:00 a.m. to 2:00 p.m. on Friday, March 4, 2005, followed by a cruise to the Bahamas. The cruise will begin with a working session and there will be planned social events throughout the cruise and while in the Bahamas designed to maximize interaction between Peering Coordinators. Attendance at the forum is by invitation only and limited to Peering Coordinators. For additional details, please contact Joshua Snowhorn at 305-808-5214, or e-mail peering@terremark.com.

About Terremark Worldwide, Inc.

Terremark Worldwide, Inc. (AMEX:TWW) is a leading operator of integrated Tier-1 Internet exchanges and best-in-class network services, creating technology marketplaces in strategic global locations. Terremark is the owner and operator of the NAP of the Americas, the model for its carrier-neutral Internet exchanges 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). The carrier-neutral NAP of the Americas is a state-of-the-art facility that provides exchange point, collocation and managed services to carriers, Internet service providers, network service providers, government entities, multi-national enterprises and other end users. The NAP, which connects fiber networks in Latin America, Europe, Asia and Africa to those in the U.S., enables customers to freely choose among the many carriers available at the TerreNAP Centers to do business. Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor, Miami, Florida USA, (305) 856-3200. More information about Terremark Worldwide can be found at http://www.terremark.com.

About LINX

LINX is the world's largest Internet exchange point (IXP). It is a mutual, not-for-profit organization whose members include almost all the major UK ISPs and content delivery service providers plus many from the USA, mainland Europe, the Far East and Africa. More than 90 percent of the Internet traffic exchanged between ISPs in the UK passes through LINX equipment. Membership in LINX permits commercial competitors to exchange Internet traffic between their networks across LINX switches, which are housed in eight colocation facilities in London linked by dedicated fiber optic cables.

About Lucent Technologies

Lucent Technologies (NYSE:LU) designs and delivers the systems, services and software that drive next-generation communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services to create new revenue-generating opportunities for its customers, while enabling them quickly to deploy and better manage their networks. Lucent's customer base includes communications service providers, governments and enterprises worldwide.

Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth. Terremark does not assume any obligation to update these forward-looking statements.