Equinix Continues Global Expansion Plan With New Projects Now Underway in 10 of the 18 Global Markets in Which Equinix Currently Operates

Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced the purchase and acquisition of a 130,000 square foot (12,000 square meter) data center in Frankfurt, Germany, and the build out of the third phase of the company’s New York-4 (NY4) International Business Exchange (IBX®) data center in Secaucus, N.J. The announcements come as Equinix continues its measured global expansion plan where the company is currently expanding in 10 of the 18 markets in which it currently operates.

The site selected for the Frankfurt expansion (FR4) is located in the southwestern region of the city and will be purchased by Equinix at a cost of approximately $30 million (€21 million). An existing data center formerly operated by Exodus Communications, the FR4 IBX center will have a total capacity of approximately 3,300 cabinet equivalents at full build out and 107,000 square feet (10,000 square meters) of net data center and business continuity space. The center will be built out by Equinix in multiple phases, with the first phase expected to open in November 2009, adding approximately 1,700 cabinet equivalents. Equinix will invest up to $10 million (€7 million) in capital expenditures in the first phase to upgrade the facility to Equinix’s specifications.

The $100 million Phase III expansion of Equinix’s NY4 center will add 1,250 sellable cabinets and represents the final phase of expansion to the 340,000 square foot (31,500 square meters) center. Upon completion of this expansion, the NY4 center will have a total of 4,050 cabinet equivalents at the opening of Phase III, expected in mid-2010. The addition of Phase III makes NY4 the largest data center operated by Equinix globally.

The expansions will add capacity within two markets where the demand for quality network-neutral colocation space and network interconnection services continues to outpace supply. In both markets, Equinix has experienced strong demand from financial services companies in the region.

As New York and Frankfurt represent two major global trading hubs, Equinix has seen significant growth in both markets for Equinix Financial eXchange, an established community of execution venues, buy and sell side firms, and technology utilities that have located at Equinix’s high-performance data centers.