Equinix Customer Base Reaches 1,000 with Addition of New York Magazine

FOSTER CITY, Calif. -- April 27, 2005 -- Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that the number of companies operating within Equinix's Internet hubs has reached 1,000 with the addition of New York magazine to Equinix's New York Internet Business Exchange(TM) (IBX(R)) center located in Secaucus, N.J. This important milestone comes only five years after Equinix opened its first IBX center on July 27, 1999 in the Washington, D.C. area.

New York magazine will utilize Equinix's New York center to host the publication's Web infrastructure, moving these operations from the data center of its former corporate parent company to Equinix's state-of-the-art facility. The move will enable New York magazine to leverage the benefits of direct access to a variety of service providers as well as Equinix's secure infrastructure. By directly linking to the carriers, ISPs and other networks within the center, New York magazine will streamline its connectivity infrastructure, moving content closer to end-users. This will enable the publication to increase the reliability and performance of Web operations while reducing the cost and complexity of reaching these strategic partners in multiple locations.

Equinix provides a secure and reliable data center infrastructure offering direct access to a large aggregation of enterprises, content providers, e-commerce companies and network service providers. The company's 15 IBX data centers, where companies such as IBM, Amazon.com, SBC, Yahoo! and MSN locate their critical IT and connectivity infrastructure, are designed to meet the most demanding requirements of today's businesses. The centers have become an important element in the infrastructure of the Internet, offering direct access to the providers that serve more than 90% of the world's Internet networks and users.

"The Internet is a key component of New York magazine's brand, with as many people accessing our on-line products as reading the magazine each week," said Joseph Galarneau, chief technology officer of New York magazine. "Since we had to move our hosting environment due to a change in corporate ownership, we sought a provider that would offer a state-of-the-art, highly reliable platform that would support our aggressive growth trajectory. Based on the positive experiences of one of our sister companies, which relocated to Equinix's New York IBX several years ago, we felt that Equinix would be an excellent partner."

"The fact that an established media company is our 1,000th customer is indicative of the continued growth for Equinix in the content and enterprise segments," said Peter Van Camp, CEO of Equinix. "Reaching and now surpassing the 1,000th customer mark is another important milestone in solidifying our market leadership position."

About Equinix

Equinix is the leading global provider of network-neutral data centers and Internet exchange services for enterprises, content companies, systems integrators and network services providers. Through the company's 15 Internet Business Exchange(TM) (IBX(R)) centers in five countries, customers can directly interconnect with every major global network and ISP for their critical peering, transit and traffic exchange requirements. These interconnection points facilitate the highest performance and growth of the Internet by serving as neutral and open marketplaces for Internet infrastructure services, allowing customers to expand their businesses while reducing costs.

About New York Magazine

Founded in 1968, New York magazine is the regional and national authority on the greatest city on Earth, read by more than 1.6 million people each week. Through smart writing, beautiful photography and sophisticated design, New York chronicles news and social trends, explores the city's cultural happenings and serves as a navigational tool for all aspects of city life. NewYorkMetro.com, the magazine's website, is one of the most visited on-line destinations focused on New York City, and contains extensive content regarding entertainment, dining, fashion, and other ways for people who love New York to extract the maximum amount of pleasure from the city.