February 2, 2012
Equinix Announces SSAE 16 Standards Compliance for 39 Data Centers in North America
REDWOOD CITY, Calif. — February 2, 2012 — Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that 39 of its North American data centers have achieved Statement on Standards for Attestation Engagements (SSAE) No. 16 Type II standards compliance. Assessed by auditors from Deloitte & Touche and Brightline, this certification demonstrates Equinix’s commitment to the highest standards of operational excellence for its 4,000 customers around the world.
The audits, which were conducted at Equinix’s International Business Exchange™ (IBX®) data centers, determined that 39 of these sites meet or surpass SSAE16 standards for physical security and environmental controls, many for the third consecutive year. The certification is of particular importance to Equinix’s financial services customers, for which SSAE16 compliance is often a requirement. This announcement comes on the heels of Equinix achieving greater than ‘six nines’ of availability (99.9999%) across its North American IBX facilities in 2011.
“To achieve SSAE16 compliance across such a large number of facilities is a tremendous accomplishment for Equinix. We understand that for our customers, knowing Equinix’s facilities have the highest levels of security and controls is critical, and this certification confirms it for them,” said Sam Kapoor, chief operating officer, Equinix Americas.
SSAE No. 16 is a new reporting standard for services organizations put forth by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA). SSAE16, which replaces Statement on Auditing Standards No. 70 (SAS70), addresses engagements undertaken by a service auditor for reporting on controls at service organizations (e.g., data center providers) that provide services to user entities, for which a service organization’s controls are likely to be relevant to a user entity’s internal control over financial reporting (ICFR).
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 680 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://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 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.