July 25, 2005
TicketsNow.com to Move Web Site Operations to High- Performance Equinix IBX Data Center
Foster City, CA — July 25, 2005 — Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that TicketsNow.com, the world's leading secondary ticket marketplace, will move the company's Web operations infrastructure to Equinix's Chicago Internet Business Exchange™ (IBX®) center. The move will enable TicketsNow to operate within a network-rich, state-of-the-art data center that will facilitate the most reliable delivery of the company's Web operations to customers.
TicketsNow is the largest and most trusted online marketplace for premium tickets to sports, concert, and theater events nationwide. With a business model built on customer loyalty, TicketsNow requires a Web infrastructure that guarantees the highest levels of speed and performance and a secure customer buying experience without interruption around the clock.
At Equinix's Chicago Internet hub, TicketsNow will have direct access to every top network providing access to end-users, offering the widest possible choice of connectivity services and providers. By operating within the same physical space as many of these strategic connectivity partners, TicketsNow can implement a more streamlined path between their Web site content and e-commerce operations and their end-users, resulting in higher performance and reliability. It also provides TicketsNow with a strong breadth of choices for backup networks in the event of a service interruption to a primary provider.
Under the terms of the agreement, TicketsNow will also utilize Equinix Direct, a service that enables buyers of Internet network connectivity to easily diversify their IP connections to any number of network providers in order to achieve more reliable performance and significant cost savings. The service will provide TicketsNow with a one-stop solution to implement the "network insurance" of direct connectivity to multiple networks, avoiding costly and prohibitive usage minimums by bandwidth providers, lengthy provisioning times, installation of complex router configurations for each network service provider, and the administrative challenge of managing multiple invoices from each network service provider.
"As customer loyalty is a critical element of our business, this agreement with Equinix represents our commitment to providing unmatched quality service to our customers," said Gene Golden, vice president, Information Technology at TicketsNow. "Equinix provides us with a platform and specific value-added services that will help us continue to offer the highest levels of site performance and uptime, while significantly growing operations."
"In selecting Equinix, TicketsNow has partnered with a provider that can offer virtually infinite network and infrastructure support to enable it to deploy the most high-performance Web operations," said Margie Backaus, chief business officer of Equinix. "The unique Equinix offering provides a 24x7 infrastructure which is robust, reliable, redundant, secure and scalable."
Established in 1999, TicketsNow.com is the world's largest and most trusted marketplace for premium seating and tickets to sold-out sports, music, and theater events. More than 90% of all professional ticket agencies that list, buy, and sell secondary event tickets online license and utilize software developed by TicketsNow-creating the most comprehensive database of secondary event tickets in the world. Named to the Inc. 500 index of the fastest-growing privately held companies in the U.S., TicketsNow is the Official Premium Ticket Partner of USA TODAY, a member of the Better Business Bureau, and a founding member of the NATB, which promotes the highest level of ethics in the secondary ticketing marketplace. For more information, visit www.TicketsNow.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.
Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.