Equinix Introduces First Traffic Exchange Portal; Announces New Customers on Equinix GigE Exchange Service

Business Wire, July 26, 2004

FOSTER CITY, Calif. -- Equinix's Traffic Exchange Service Experiences Increasing Growth as eBay, China Telecom and Others Integrate Service into Their Peering Infrastructure

Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, announced the introduction of the Equinix GigE Exchange Portal, the industry's first analysis tool to monitor traffic exchange or "peering" relationships between Internet service providers (ISPs), content providers, and other network service providers through Equinix's GigE Exchange Service. Equinix also announced the addition of several new customers to the Equinix GigE Exchange service in the first half of 2004.

The Equinix GigE Exchange Portal provides detailed reporting to networks and content providers using Equinix GigE Exchange, a service that facilitates ISP and content peering amongst Equinix customers through a central switching fabric. The Portal offers customers an integrated graphical view of their Exchange ports, providing them with a strong reporting tool to view bandwidth utilization and peer traffic flow. The service is designed to enable network service providers and content providers to closely monitor their peering traffic with each other in order to make business decisions about peering relationships, as well as to assess bandwidth utilization for planning purposes.

Equinix GigE Exchange has become a strategic element in the increasingly important peering infrastructure of many ISPs and content companies. The Equinix GigE Exchange reduces transit costs by Internet companies operating within Equinix's IBX centers on a centralized switch and thus eliminates intermediate network backbones by establishing a more direct route to the packet's destination. This streamlined connectivity between ISPs and content providers enhances performance and reliability and provides a more robust end-user experience. Equinix GigE Exchange is currently available in Equinix's U.S. Internet Business Exchange(TM) (IBX(R)) centers located in the greater New York, Washington, D.C., Los Angeles, Chicago, Dallas, and Silicon Valley areas, and in Equinix's Asia-Pacific region IBX centers in Sydney, Australia, Hong Kong, and Tokyo, Japan. Peering relationships have become the fundamental means by which all Internet traffic, from email to video, is interchanged between the networks that comprise the Internet.

Equinix is the peering leader in the U.S., serving the world's leading ISPs, broadband providers, international networks and major content providers. Equinix customers that have joined the more than 100 other networks on the GigE Exchange service since the beginning of the year include Asia Netcom, eBay, China Telecom, and Swisscom. These networks join Yahoo!, Google Cox Communications, British Telecom, Japan Telecom, SBC Internet Services, Electronic Arts, Verio and others already participating on the Equinix GigE Exchange switch platform.

"As peering relationships become increasingly important to building an efficient network, the Equinix GigE Exchange Portal further provides us with a unique insight into our peering relationships," said Blake Williams, Peering Manager for WilTel Communications. "The portal helps us identify the true volume of data exchanged which has been especially useful in enabling us to plan for surges in traffic volume or identifying new peers."

"As peering continues to become an increasingly important component in the operation of the Internet, Equinix will continue to develop industry leading service enhancements that make it easier for networks and content providers to exchange traffic with each other," said Peter Van Camp, CEO of Equinix. "We have seen traffic growth of 150% on the GigE Exchange service over the past year as more and more customers recognize the performance enhancements and cost reductions possible through peering at Equinix centers."

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.