Network Expansion Adds More Lit Capacity and Dark Fiber
SECAUCUS, NJ and FOSTER CITY, CA – February 3, 2010 – Lightower Fiber Networks, a leading metro fiber network, bandwidth, and colocation service provider serving the northeast United States, and Equinix, Inc. (NASDAQ:EQIX, news, filings), a provider of global data center services, announced today that Lightower is expanding its network services into the Equinix NY4 International Business Exchange (IBX®) data center in Secaucus, NJ.
Lightower is increasing its existing services into the Equinix NY4 data center to accommodate growing demand for high bandwidth Ethernet, wavelengths, and dark fiber. In addition to increased capacity, the network expansion will also offer customers optimized routes from the Equinix NY4 data center to other data centers and financial exchanges in the area.
“Equinix is building a robust community of financial data centers in the New York area. As part of that, Lightower has seen increasing demand for networking services into and between Equinix’s NY IBX centers,” explained Doug Dalissandro, Executive Vice President, Sales, Lightower. “We will continue to expand our dark fiber, Ethernet, wavelength, and other networking services in these facilities to meet the demand.”
Lightower offers Ethernet speeds up to 10 Gbps and wavelengths up to 40 Gbps. Solutions can be designed with low latency or ultra low latency optimizations. Lightower’s additional dark fiber into the facility will offer customers the ultimate option for latency management.
By expanding into the Equinix NY4 IBX data center, Lightower will be able to offer its low latency, high bandwidth solutions to the growing number of colocation customers in the facility. These customers include clients in financial services, media, e-commerce, and other industries.
Lightower ‘s expansive reach of dark fiber between New England and New York offers the benefits of fast response times and improved network connectivity to Equinix’s financial services customers looking to optimize the performance and reach to key financial markets,” said John Knuff, director, Business Development, Equinix. “Lightower also affords the connectivity and expanded reach to our market participants located off-premise.”
With Lightower’s dense network in the New York metro area, Equinix's NY4 IBX customers can also directly connect to Equinix's other regional IBX data centers within its NY campus.
About Lightower Fiber Networks
Lightower Fiber Networks is a leading fiber network and broadband service provider in the Northeast. Lightower offers over 4,400 fiber route miles with over 1,650 on-net buildings coupled with comprehensive transport and alternative access solutions. Lightower’s geographic footprint extends from Boston and southern New Hampshire, to eastern New York State, northern New Jersey, Long Island, and New York City. Lightower uniquely offers customers geographically diverse routing and low latency network solutions on an all-fiber optic network. Lightower Fiber is headquartered in Boxborough, MA. For more information, visit www.lightower.com or call 888-LT-FIBER.
About Equinix Financial eXchange
Equinix IBX data centers support a global financial community of buy-side and sell-side firms, hedge funds, execution venues, market data suppliers, network providers and trading technology vendors, all interconnected inside a neutral, open marketplace. Equinix has become the data center for the well-connected, offering low-latency connectivity and colocation capabilities via facilities around the world. Learn more at: http://financial.equinix.com
Equinix, Inc. (NASDAQ: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix’s insight and expertise to protect and connect their most valued information assets. Equinix operates 45 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com/investors. We encourage you to check Equinix’s website regularly for the most up-to-date information.
Equinix Media Contact (Global)
Equinx Media Contact (U.S.)
Lightower Media Contact
Lightower Fiber Networks
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 companies we have acquired 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; 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. International Business Exchange is a trademark of Equinix, Inc.