Terremark Announces New Customers At NAP Of the Americas; 18 New Contracts Signed in the Past Six Weeks, Including Government and Enterprise Customers.

Business Editors/High-Tech Writers

MIAMI--(BUSINESS WIRE)--April 8, 2003

Terremark Worldwide, Inc. (AMEX:TWW) the leading designer, builder and operator of integrated Tier-1 Network Access Points (NAPs) and best-in-class data centers, announced today that in the past six weeks, the company signed eighteen (18) contracts with new customers and had three existing customers expand their relationship with the NAP of the Americas by ordering additional space or services. The new customers included the previously announced U.S. State Department's Diplomatic Telecommunications Service Program Office (DTS-PO), who awarded Terremark three contracts to implement an Internet access solution at designated government locations around the world, and enterprises like Crescent Heights, PC Universe and others, who decided to bring their mission-critical IT systems to a facility that provides reliable, scalable, secure and cost effective solutions to its customers.

These new customers join the virtual marketplace of carriers, enterprises and other service providers who use Terremark's NAP of the Americas to do business with their customers and each other. A representative list of all TWW customers can be found on http://www.terremark.com.

"We attribute our successes in the market to many factors, including the strength of our facility, the large base of Tier-1 and other networks present at the NAP, and the skill and creativity of our technical team", said Manuel D. Medina, Chairman and CEO of Terremark Worldwide Inc. "Our sales strategy has always been to first create a critical mass of connectivity by focusing on our carriers, then move to other service providers, and in turn, to enterprise and government, as the ultimate end users of not only our space and services, but the bandwidth and offerings of our service provider customers. Our sales pipeline is full of new opportunities based on this diverse critical mass of customers that now call the NAP home."

About Terremark Worldwide, Inc.

Terremark Worldwide Inc. (AMEX:TWW) is the leading designer, builder and operator of integrated Tier-1 Network Access Points (NAPs) and best-in-class data centers, creating technology marketplaces in strategic global locations. Terremark is the owner and operator of the NAP of the Americas, the 5th Tier-1 Network Access Point in the world and the model for TerreNAP(sm) Data Centers the company is deploying in Sao Paulo, Brazil (NAP do Brasil) Madrid, Spain (NAP de las Americas - Madrid) and other emerging markets. The carrier-neutral NAP of the Americas is a state-of-the-art facility providing interconnection between global carriers, ISPs and others, as well as connecting fiber networks in Latin America, Europe, Asia and Africa to those in the U.S. Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor, Miami, Florida USA, [phone]. More information about Terremark Worldwide can be found at http://www.terremark.com.

Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth. Terremark does not assume any obligation to update these forward-looking statements.