July 26, 2007
IXEurope Expands London4 and Frankfurt2
IXEurope plc ("IXEurope", AIM: IXE), Europe's specialist datacentre services company with 14 IXDatacentres across four countries, announced today that it intends to extend the London4 and Frankfurt2 IXDatacentres.
The London4 facility will be built-out to its maximum capacity (10,000 m2). Phase 1 (5,000m2) was announced in June 2006 and access to customers has commenced. Phase 2 (5,000m2) will become operational in stages and will become fully available in H2 2008. The capital expenditure expected for phase 2 is �18 million. Further capital may be committed to this facility in the future based upon power density requirements of customers.
The Frankfurt2 facility will be extended by an additional 1,600m2 bringing the total built-out net space to 8,000m2 and leaving potential further development of 23,400m2 at the site. The total capital expenditure expected for this expansion is �5 million.
These two expansions, together with the expansion of Paris2 announced in June 2007, bring the total planned capacity of the Group to 43,500 m2 net space (versus 35,400 m2 as at December 2006).
For further details
Guy Willner, Chief Executive Officer
Karen Bach, Chief Financial Officer
020 7689 1400
020 7457 2020
IXEurope is one of Europe's fastest growing providers of datacentre services. Its principal activities include primary datacentre services, connectivity services and business continuity solutions.
IXEurope works with enterprise and Internet customers to provide resilient datacentre infrastructure to house their IT systems far more cost-effectively than through in-house provision. The benefits include optimised IT performance, improved systems availability and reduced corporate risk through improved regulatory compliance. By continually focusing on quality, IXEurope also gives clients exceptional service levels and on-site access to a high level of technical expertise.
With award winning datacentre facilities in key European cities, broad technology expertise and a proven track record, IXEurope provides solutions that give customers the confidence that their operations are protected. The Company is ISO 9001:2000 certified and has over 450 customers in the enterprise, Internet and networking markets including Merrill Lynch, Deutsche Boerse, Citigroup, Rackspace and SurfControl.
IXEurope is listed on the London Stock Exchange Alternative Investment Market.
For more information please visit the website at www.ixeurope.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 IXEurope into Equinix; a failure to receive significant revenue from customers in recently built out 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; the results of any litigation relating to past stock option grants and practices; 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.
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