Equinix Announces Significant Expansion to Increase Data Center Capacity in Singapore

  Equinix Announces Significant Expansion to Increase Data Center Capacity in
  Singapore

Equinix launches third data center and expands second facility to meet strong
         market demand for premium data center services in Singapore

Business Wire

REDWOOD CITY, Calif. & SINGAPORE -- April 18, 2013

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center
company, today announced its plans to expand the company’s footprint in
Singapore and the Asia-Pacific region with development of a third
International Business Exchange™ (IBX®) and expansion of its second data
center. The expansion plan showcases Equinix’s success in addressing market
demand from financial and cloud service providers and demonstrates the
company’s ongoing commitment to the data center market in Singapore.

At a groundbreaking ceremony that was held this morning, Equinix announced
that it has commissioned Mapletree Industrial Trust, a leading industrial real
estate investment trust listed in Singapore, to develop the new Singapore IBX,
known as SG3.

Highlights / Key Facts

  *Scheduled to open in the second half of 2014, SG3 will further extend
    Platform Equinix™ to meet strong demand for premium interconnection and
    data center services in Singapore from financial and cloud companies. SG3
    will provide approximately 385,000 square feet of gross floor area and
    5,000 cabinets over multiple phases. With a proposed investment of
    US$50–US$55M^1, the first phase will provide 1,000 cabinets.
  *At the same time, Equinix is investing US$55M in the fifth phase of its
    second Singapore IBX data center. The fifth phase of the expansion, which
    is expected to be available end of 2013, will provide 920 additional
    cabinets, bringing the total number of cabinets at this IBX data center to
    4,176. It will also enable the provision of a high-connectivity,
    high-availability environment to support its customers’ cloud-based
    services.
  *SG3 will be located in close proximity to Equinix’s existing SG1 data
    center, which is located at one-north, a 200-hectare development by JTC
    Corporation designed to host a cluster of world-class research facilities
    and business park space to support growth in the biomedical sciences,
    infocomm technology, media, physical sciences and engineering industries.
  *SG3 and SG1 data centers will be interconnected through a dedicated fiber
    network, allowing customers in SG1 to expand their business within the
    Equinix platform. Direct tethering to SG1, which is the most network-dense
    data center in the country, enables customers in SG3 to interconnect as if
    they were in the same location.
  *Recognizing financial customers’ need for network-rich infrastructure with
    robust security, scalable, low-cost and low-latency connectivity, SG3 will
    be compliant with guidelines introduced by the Monetary Authority of
    Singapore in July 2012.
  *SG3 will also feature Business Suites for existing and new customers in
    Singapore who require larger footprints. With Business Suites, Equinix can
    offer customers bespoke solutions and an option to tie their larger
    deployments for select applications into Platform Equinix without
    sacrificing reliability or access to carriers and the Equinix ecosystem.
  *As the Singapore government continues to raise the bar in data center
    quality through eco-friendly initiatives that encourage the construction
    of green and modular facilities, Equinix has also pledged itself to
    driving sustainable technologies. In an effort to minimize energy
    consumption at these energy-intensive facilities, both SG2 and SG3 are
    designed with the aim of operating as energy-efficiently as possible.
  *Some of the green features deployed at SG3 ― which are already implemented
    at SG2 ― include motion-activated LED lights, electrically commutated
    fans, an automated system that reduces a motor’s speed and power, as well
    as a cold aisle containment infrastructure that supports higher power
    density installations for more efficient cooling. Recycled NEWater is also
    used for cooling purposes, an energy-saving process that is aligned with
    the Singapore Government’s green initiatives. Additionally, a solar power
    system will be implemented, a feature unique to SG3.
  *For its exemplary green initiatives, SG2 was recently presented with the
    Gold Plus award under theBCA-IDA Green Mark for Data Centers scheme.The
    first of its kind in Asia, the scheme assesses data centers in Singapore
    based on five key criteria ― energy efficiency, water efficiency,
    sustainable construction & management, indoor environment quality as well
    as other green features.

Quotes

  *Jayson Goh, executive director of Infocomms and Media, Singapore Economic
    Development Board (EDB):
    “We warmly welcome Equinix’s decision to significantly expand its data
    center capacity in Singapore to meet the strong market demand for premium
    data center services. Equinix’s data center expansion will add to the
    vibrancy of the infocomms ecosystem here and further reinforce Singapore’s
    position as a global data management hub. We are confident that Equinix
    will be able to leverage Singapore’s market connectivity, global talent as
    well as our business-friendly environment, to enhance the delivery of
    services to its clients both in the region and globally.”

  *Chris Lee, global head of market access, ABN AMRO Clearing:
    “At ABN AMRO Clearing, our customers are our first priority, and we need
    service providers who can offer the ability to seamlessly enter and expand
    in multiple territories, and add value to our client base. Equinix is the
    perfect choice for us with its extensive reach in Asia-Pacific, and its
    track record of providing the highest quality services consistently
    through its global platform. We currently offer trading access, hosting
    and proximity across the globe covering multiple asset classes - delivered
    via our approximately 35 global data center locations and our vendor
    partners. Equinix is an integral part of that.”

  *David Loke, general manager, ReadySpace:
    "Due to the success of our services, we were in need of high-performance
    and high-availability bandwidth options as well as a robust physical
    infrastructure that can scale to accommodate our growing demand for
    additional data center space," said. "By deploying into Equinix's
    Singapore center, ReadySpace can differentiate itself from other Web
    hosting providers by offering higher levels of uptime, as well as service
    level agreements for temperature, humidity and power which are not common
    in the IDC (Internet Data Center) market."

  *Tham Kuo Wei, chief executive officer, Mapletree Industrial Trust
    Management, the manager of Mapletree Industrial Trust:
    “We are pleased to embark on the development of SG3 as Equinix expands its
    presence in Singapore. We will build SG3 to meet BCA Green Mark and
    Leadership in Energy and Environmental Design (LEED) standards to
    underscore our commitment to environmentally sustainable developments .The
    partnership with Equinix also establishes Mapletree Industrial Trust as
    the preferred real estate partner for companies requiring high
    specification industrial facilities. We congratulate Equinix on this
    milestone event.”

  *Samuel Lee, president, Equinix Asia Pacific:
    “Singapore is currently one of the fastest growing cloud adopters in
    Asia-Pacific, fueled by the rapid growth in adoption of social networking
    as well as the consumption of new forms of digital content. As a result,
    organizations including financial institutions here require an efficient,
    reliable and secure data center to support the growing number of digital
    platforms they use to serve their customers. We recognize the increasing
    demand for cloud and interconnection services as well as changing security
    requirements from both local and multinational organizations in Singapore.
    Our expansion is well-timed to meet strong market demand and will provide
    customers the ability to connect to an established ecosystem of existing
    and potential customers and partners.”

Keyword Tags

Equinix, data center, IBX, colocation

About Equinix

Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies directly to
their customers and partners inside the world’s most networked data centers.
Today, businesses leverage the Equinix interconnection platform in 31strategic
markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.

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 developing IBX centers, including risks related to construction,
project management and the delivery of services; unanticipated costs or
difficulties relating to the integration of companies acquired or will acquire
into Equinix; a failure by Equinix 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 the entities’ filings with the Securities and Exchange
Commission and the Singapore Exchange Securities Trading Limited respectively.
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. Both entities do 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.

______________________________

^1 Indicative number

Contact:

Equinix, Inc.
Media:
Melissa Neumann, 650-598-6098 (Corporate)
mneumann@equinix.com
or
Lorraine Little-Bigelow, +852 2970 7742 (Asia-Pacific)
llittlebigelow@ap.equinix.com
or
GolinHarris for Equinix, Inc.
Liam Rose, +1 415-318-4380 (Americas)
lrose@golinharris.com
or
LEWIS Public Relations
Gina Daryanani / Laurent Decosse, +65 6571 9154 (Singapore)
equinixsg@lewispr.com
 
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