Asia Netcom to Offer Global Network Services within Equinix IBX Centers in the U.S. and Japan.

Business Editors/High-Tech Writers

TOKYO & FOSTER CITY, Calif.--(BUSINESS WIRE)--Oct. 21, 2003

Pan-Asian Network Services Provider to Join Aggregation of

Enterprises and Networks in Equinix's Internet Hubs

Asia Netcom, the premier pan-Asian network services provider, and Equinix (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that Asia Netcom will bring its extensive portfolio of IP and connectivity services to the aggregation of enterprises and carriers operating within Equinix's neutral Internet hubs.

As part of the agreement, Asia Netcom will offer a host of network services, including access to the world's fastest growing economic region, to customers of Equinix's Los Angeles, Silicon Valley and Tokyo, Japan Internet Business Exchange (IBX) centers.

"Equinix's aggregation of enterprise and carrier customers will now get direct and easy access to Asia Netcom's state-of-the-art fiber and IP infrastructure in Asia," says Bill Barney, Asia Netcom's president and chief operating officer. "No one else in Asia can match our extensive portfolio of services in terms of scalability, flexible deployment options and end-to-end coverage to strategic Asia countries, including China."

Starting immediately, Equinix's customers will be able to access Asia Netcom's extensive range of products and services, including IP Transit, IP VPN, ATM/Frame Relay, International Private Line and co-location services to all major Asia markets including China. Asia Netcom owns and operates the leading IP backbone in Asia Pacific, featuring more than 9 Gbits/s of capacity. Asia Netcom also operates the region's first MPLS-powered IP VPN service offering 5 Class-of-Service as well as an extensive ATM/Frame Relay network that are backed by the region's foremost fiber optic submarine cable system.

At the same time, Asia Netcom will benefit from the immediate and direct access to the rich and diverse aggregation of customers and partners, including every major global network, centralized within Equinix's Internet hubs. This one-stop opportunity to buy and sell services from a concentrated base of companies will enable Asia Netcom to streamline operations and more efficiently establish new customer relationships.

"The addition of Asia Netcom to Equinix's ecosystem increases the network connectivity options to all IBX customers," said Peter Van Camp, CEO of Equinix. "With the world's top networks now amassed within Equinix IBX centers, leading international networks now find Equinix a critical element in deploying a global footprint."

Under the current arrangement, Asia Netcom will leverage Equinix's network rich environment to trade traffic, or peer, with other networks. By reaching many of Asia Netcom's strategic peering partners with a single, centralized and neutral environment, Asia Netcom will streamline data paths and bring content closer to end-users, resulting in enhanced speed and reliability. These peering relationships are a fundamental element of the Internet's infrastructure and are a key business focus for Asia Netcom.

About Asia Netcom

Asia Netcom is a leading provider of city-to-city connectivity, data communications and IP-based solutions and services to enterprise, ISP and carrier customers in the Asia Pacific region. Formed in 2003 by a consortium including China Netcom, Newbridge Capital and Softbank Asia Infrastructure Fund, Asia Netcom is headquartered in Hong Kong with local offices in all major Asian markets, the US and Europe. Asia Netcom owns and operates its own 19,500-km regional fiber optic submarine cable system and offers a comprehensive portfolio of enterprise and carrier services that connect Asia to the rest of the world, while providing global corporations direct access to key markets in Asia and China. For more information on Asia Netcom, please visit us at http://www.asianetcom.com.

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 14 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. Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.

Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.

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 operating IBX centers and developing, deploying and delivering Equinix services; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay 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.