February 23, 2005
Equinix Expands Data Center and Network Exchange Solutions for Ticketmaster at Chicago IBX Facility
Foster City, CA — February 23, 2005 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced an expanded agreement with Ticketmaster, whereby the ticketing company will utilize Equinix's Chicago Internet Business Exchange™ (IBX®) center to host additional operations. The expansion will enable Ticketmaster to operate within a centralized hub near a critical mass of network service providers and other companies operating within the IBX.
Operating within Equinix's network-rich data centers gives Ticketmaster direct access to an aggregation of carriers, ISPs, DSL providers and cable operators to cost-effectively execute strategic connectivity agreements within a highly secure and reliable environment. This interconnectivity with networks and other strategic service providers within the same physical location offers a compelling alternative to linking to multiple locations and across great distances. The result is a more streamlined path between content and end-users that improves performance and reduces the networking costs of a point-to-multipoint network connectivity infrastructure. It also provides Ticketmaster with a strong breadth of choices for backup networks in the event of a service interruption to a primary provider.
In addition to the benefits of interconnecting, Equinix IBX centers also offer a high-performance physical infrastructure that includes industry-leading security, power and environmental features. Security elements include interlocking "mantrap" doors, multiple layers of biometric hand-geometry scanners controlling access, as well as 24-hour security officers and hundreds of surveillance cameras. The power operations of each center include a high-performance backup system that ensures uninterrupted power even in the event of utility power disruption. Cooling and environmental control features enable deployment of the most demanding IT systems, including high power density equipment, such as blade servers.
"Ticketmaster's mission is to provide the best systems, services, and tools for the optimal distribution of tickets for our clients," said Alan Waldman, VP Operations, Ticketmaster. "After a thorough review of existing data center and network exchange solutions, along with our experience over the past year at Equinix, we have found that Equinix centers help support our objectives by offering a highly reliable environment for online operations."
"SunRocket is committed to delivering the highest quality Internet phone service," said Rob Mainor, SunRocket Chief Operating Officer. "Equinix provides a place where we can connect with all of our strategic network partners, enabling SunRocket to deliver a high level of reliability with no latency, as well as the most robust network connectivity infrastructure available. At the same time, the flexible platform allows SunRocket to scale operations as we continue our nationwide expansion.."
"Ticketmaster joins a large number of Equinix customers that have expanded their initial deployments at Equinix to additional IBX centers," said Peter Van Camp, CEO of Equinix. "This continued customer expansion is a strong validation of the strength of the Equinix business model and our ongoing commitment to providing the highest levels of customer service for IBX participants."
Ticketmaster is the world's leading ticketing company, providing ticket sales and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 3,300 retail Ticket Center outlets; 19 worldwide telephone call centers; and a broad online and offline marketing network. Ticketmaster serves more than 9,000 clients worldwide across multiple event categories, providing exclusive ticketing services for hundreds of leading arenas, stadiums, performing arts venues, museums, and theaters, and sold 98 million tickets valued at $5 billion in 2004. Ticketmaster is headquartered in West Hollywood, California and is an operating business of IAC/InterActiveCorp (NASDAQ: IACI).
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 IXEurope into Equinix; a failure to receive significant revenue from customers in recently built out 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; the results of any litigation relating to past stock option grants and practices; 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. Internet Business Exchange is a trademark of Equinix, Inc.