23.04.2008 20:02:00
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Equinix Appoints Chief Development Officer Eric Schwartz as President of Equinix Europe
Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral
data centers and Internet exchange services, today announced the
appointment of Eric Schwartz to the post of president of Equinix Europe
effective June 1, 2008. In this role, Schwartz will oversee the
management, strategy and growth for Equinix in Europe, which currently
includes 17 Internet Business Exchange (IBX®)
data centers in the United Kingdom, France, Germany, Switzerland and the
Netherlands, and approximately 500 customers.
Schwartz, 41, currently serves as chief development officer of Equinix,
where he leads the company's strategy, business development and network
technology development. He spearheaded Equinix’s
expansion to Europe – including the 2007
acquisition of IXEurope – and the ongoing
integration of Equinix’s European operations
into its global business.
"As chief development officer, Eric managed
last year’s successful acquisition of
IXEurope, which has provided Equinix with a strong presence on the
European continent and the ability to offer a single-source global
solution for our customers,” said Steve Smith,
president and CEO of Equinix. "As we work to
leverage the benefits of Equinix’s global
presence and to grow our operations in Europe, Eric’s
experience and existing relationships with our team in Europe position
him well to help drive further success for Equinix in Europe.”
Prior to joining Equinix, Schwartz served as vice president –
IP Communications for BellSouth, where he led the development and
implementation of advanced technologies, including the definition of
VoIP services, architectures, and implementations for the carrier. Prior
to joining BellSouth, he was executive vice president of Harold A.
Dawson Company, an Atlanta-based real estate development company. He is
also a former member of McKinsey & Co. where he consulted with
telecommunications and financial services companies in the U.S. and Asia
on strategic issues. Schwartz holds a BS in Electrical Engineering and
BA in Economics from Stanford University and an MBA from Harvard
University.
Schwartz fills the position previously held by Guy Willner, the
co-founder of IXEurope. Willner and IXEurope co-founder Christophe du
Buchet, who is also leaving his executive role with the company, will
both continue to serve on the board of Equinix Europe.
"Guy and Christophe are pioneers in the data
center colocation industry in Europe and have demonstrated strong
leadership over the past nine years,” said
Smith. "They have built a first-rate team and
provided Equinix with a leading platform for growth in Europe for years
to come. I look forward to continuing working with both of them on the
Equinix Europe Board as we grow our operations in Europe.” "Eric has been an important leader in the
acquisition of IXEurope and in ensuring the smooth integration of the
two companies, and I am delighted that he has assumed this new role,”
said Guy Willner. "As president of Equinix
Europe, Eric’s leadership, knowledge and
skill will serve Equinix well during this important phase of the company’s
growth. I look forward to continuing working with him in my role on the
board of Equinix Europe.” "We have worked on this strategic succession
plan and the timing is now ideal as our European business is well
positioned within Equinix's global operating framework,”
said Christophe de Buchet. "I have worked
closely with Eric and I feel that Equinix Europe could not be in better
hands.” About Equinix
Equinix is the leading global provider of network-neutral data center
and interconnection services, offering premium colocation, traffic
exchange and outsourced IT infrastructure solutions. Global enterprises,
content companies, systems integrators and network service providers
look to Equinix Internet Business Exchange (IBX®)
centers for world-class reliability and network diversity. Equinix IBX
centers serve as critical, core hubs for IP networks and Internet
operations worldwide. With 39 IBX centers located in 18 strategic
markets across North America, Europe and Asia-Pacific, Equinix enables
customers to reliably operate their mission-critical infrastructure on a
global basis.
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 companies we have
or will acquire into Equinix; a failure to receive significant revenue
from customers in recently built out or acquired 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.
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