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Press Release -- June 3rd, 2010
Source: Telx Group
Tags: Colocation, Ethernet, Exchange, Router, Video

Telx Ethernet Exchange Extends Network Reach For Service Providers

Telx Utilizes Its Industry-Leading Service Provider Ecosystem and Collaboration with Cisco to Deliver Ethernet Virtual Interconnections in Key U.S. Markets

New York, NY and San Jose, Calif., (June 3, 2010)Telx®, a leading interconnection and co-location provider in strategic North American markets, today announced the debut of the Telx Ethernet Exchange, a new solution that helps service providers and enterprises to seamlessly interconnect their Ethernet networks, providing greater reach to their end customers. The Telx Ethernet Exchange platform, enabled by Cisco router and software management technology, is an easier way to connect buyers and sellers of Ethernet services.  Service providers can connect their Ethernet networks without going through the time-consuming, costly process of setting up individual, complex interconnection agreements or building out local fiber networks.

“Business Ethernet is the fastest growing strategic data offering for service providers, growing at a compound rate of 24 percent per year over the next five years,” said Rosemary Cochran, principal, Vertical Systems Group. “The rapid growth of mobile backhaul, video, virtualization and other mission-critical applications is fueling the demand for scalable, high-bandwidth and low-latency Ethernet connectivity from metro areas to broader geographies. Telx’s Ethernet Exchange service is well-positioned to help expand the market.”

To expand the reach of service providers’ networks, Telx Ethernet Exchange will become available in seven strategic interconnection data centers over the next nine months with initial customers being part of a charter program in the third quarter of 2010. Service providers and enterprises will also receive professional consultation services to help ensure full Ethernet interoperability. Telx Ethernet Exchange is powered by Cisco® ASR 9000 Series Aggregation Services Routers and Cisco Active Network Abstraction network management software. Using an automated customer portal, Telx Ethernet Exchange allows users to rapidly establish new virtual connections in minutes and leverage robust reporting, which allows customers to see inventory and metrics to help run their business.

“Telx, with its Ethernet Exchange solution using the Cisco ASR 9000, is investing to address the surging bandwidth and convergence demands required for the IP Next Generation Networks,” said Sri Hosakote, vice president and general manager, edge and aggregation routing group for Cisco. “We are excited to collaborate with Telx in developing its service, since its tremendous ecosystem of service providers and strategic data centers will unlock opportunities for companies to more efficiently, competitively, and reliably deliver global Ethernet business services.”

“Telx leads the market in providing interconnection services in the most strategic and carrier-dense data centers in the U.S., so expanding our portfolio to include Ethernet Virtual Connections is a natural evolution. The Telx Ethernet Exchange is a direct response to the needs within our Global Marketplace of customers, who have been limited to offering and supporting Ethernet services in markets where they have services deployed,” said Eric Shepcaro, CEO of Telx. “Telx can now facilitate customers extending their Ethernet network reach, and being powered by the Cisco platform ensures we will provide a high-performance and feature-rich service to meet their needs.”

Telx will debut the Telx Ethernet Exchange live at its Customer Business Exchange (CBX) Event, Thursday, June 3, 2010 at the Marriott Marquis Hotel in Times Square, New York City. To view live, streaming video of a press conference held from the CBX Press Room at 1 p.m. EDT on June 3 featuring Telx and Cisco, and to Tweet your questions about the new Ethernet Exchange to experts, go to http://www.telx.com/live-streaming.html.

About Telx Ethernet Exchange

Telx Ethernet Exchange solves the industry challenge of seamlessly connecting Ethernet networks without the cost and time consuming process of establishing complex interconnection agreements. Telx Ethernet Exchange is powered by the 6.4 TB/s capable Cisco ASR 9000 hardware platform and the modular Cisco IOS® XR software operating system, simplifying network operations for Telx and its customers while enabling comprehensive system redundancy and network resiliency. Telx Ethernet Exchange will be available in its two New York City locations, 111 8th Avenue60 Hudson Street, along with its Atlanta and San Francisco facilities.  There are plans to roll out capabilities in remaining locations in the coming months. For more information, go to http://www.telx.com/Solutions/telx-ethernet-exchange.html. and

About Cisco Systems

Cisco, (NASDAQ:CSCO, news, filings), the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility.  Information about Cisco can be found at http://www.cisco.com.  For ongoing news, please go to http://newsroom.cisco.com.

About Telx

Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets. With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 750 leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

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Contacts:
Michelle Barry
BridgeView Marketing for Telx
603.570.7533
michelle@bridgeviewmarketing.com
Twitter: http://twitter.com/Telx_Group

Kevin Petschow
Cisco
773.444.5106
kpetscho@cisco.com

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