The transatlantic cable provider offers full Ethernet transport to
Equinix customers
SUMMIT, N.J. & FOSTER CITY, Calif.--(Business Wire)--
Hibernia Atlantic, the only diverse TransAtlantic submarine
transport cable provider, and Equinix, Inc. (Nasdaq: EQIX), the
leading global provider of network-neutral data centers and Internet
exchange services, today announced that Hibernia will provide Ethernet
transport services to the aggregation of companies operating within
Equinix Internet Business Exchange (IBX(R)) centers in the Chicago,
Frankfurt, New York and Washington, D.C. area markets.
The news is particularly relevant to global financial
institutions, large corporations and major carriers that would like to
migrate their networks to reliable and cost effective Ethernet
transport. Hibernia's Transparent and Layer 1 GigE service provides
SDH performance with full Ethernet functionality. The service will
provide an additional network option for the aggregation of companies
operating within Equinix's network-neutral data centers, specifically
the financial industry customers participating in the Equinix
Financial eXchange service. This service provides a highly resilient
and low-latency platform for financial trading exchange companies to
interconnect with each other and multiple service providers.
"Equinix gives Hibernia a competitive advantage when it comes to
diverse carrier-neutral sites," states Eric Gutshall, Executive Vice
President of Sales and Marketing for Hibernia Atlantic. "Our customers
can logically decide to bypass major metro congestion points that
continue to be failure points within most common designed networks.
Cable cuts, routing and landing points in Asia Pacific and the Middle
East should wake up network design architects to the reality of our
world. Equinix's aggregation of networks and financial trading
companies give Hibernia a superior edge to the common, customary
carrier route designs of yesterday."
"Our Financial eXchange community approach provides financial
organisations with secure, reliable and low latency connectivity to
global financial trading centres as well as the speed and proximity to
global execution venues that algorithmic and alternative trading
strategies increasingly rely upon," added Petrina Steele, Equinix's
Vice President for Business Development in Europe.
In addition to proximity services that offer direct market access
to major trading exchanges, Equinix also provides its Financial
eXchange community members with the high levels of connectivity they
need to access the growing number of multiple trading venues they need
to connect with in today's post MiFID and Reg NMS environments.
"Equinix already provides direct access to more than 300 networks.
We are delighted to strengthen our connectivity offering with the
Hibernia Ethernet solution. Hibernia Atlantic distinguishes itself
from other submarine transport providers by its geographic diversity,
but also by its continuous responsiveness to the demands of the
marketplace," concludes Petrina.
For the complete Hibernia Atlantic network map and service
offerings, videocasts and the Hibernia Atlantic Blog, please visit
www.hiberniaatlantic.com. If you have additional questions on network
capacity, please email eric.gutshall@hiberniaatlantic.com.
About Hibernia Atlantic
Hibernia Atlantic is a privately held, US-owned, transatlantic
submarine and terrestrial cable network, with over 50 redundant
network Points of Presence throughout Canada, US, UK and Europe.
Hibernia provides dedicated Ethernet and optical-level service up to
GigE, 10G and LanPhy wavelengths and traditional Sonet/SDH services.
For more information on Hibernia Atlantic's cutting-edge network,
please visit www.hiberniaatlantic.com.
To view Hibernia's corporate overview video, please click here:
http://www.youtube.com/watch?v=p0xVMLEfFrk&eurl=
http://www.hiberniaatlantic.com (Due to its length, this URL may need
to be copied/pasted into your Internet browser's address field. Remove
the extra space if one exists.)
About Equinix - www.eu.equinix.com
Equinix is the leading global provider of network-neutral data
center and interconnection services, offering premium colocation,
traffic exchange and outsourced IT infrastructure solutions. Global
enterprises, content companies, systems integrators and network
service providers look to Equinix Internet Business Exchange (IBX(R))
centers for world-class reliability and network diversity. Equinix IBX
centers serve as critical, core hubs for IP networks and Internet
operations worldwide. With 39 IBX centers located in 18 strategic
markets across North America, Europe and Asia-Pacific, Equinix enables
customers to reliably operate their mission-critical infrastructures
on a global basis.
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 companies we have or will acquire into Equinix; a failure to
receive significant revenue from customers in recently built out or
acquired 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.
Hibernia Atlantic media inquiries:
Jaymie Scotto & Associates, 866-695-3629
pr@jaymiescotto.com
or
Equinix
Kerry Jago, +44 (0)845 373 2935
kerry.jago@eu.equinix.com
Copyright Business Wire 2008
