Financial Fact Sheet. Equinix Snapshot. Company Summary. Products and Services. Managed Colocation Services

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1 Financial Fact Sheet Equinix Snapshot NASDAQ Ticker: EQIX Recent Price (April. 27, 2006) $ Week Range: $ Common Shares Outstanding*: 28.6 Million Market Capitalization: $1.8 Billion Fiscal Year End: December 31st Employees Approximately 570 * *Excludes: 2.2 million shares assuming conversion of convertible subordinated debentures into common stock ($39.50 per share); and 4.5 million shares related to unexercised employee stock options and warrants. Company Summary Equinix is the leading global provider of network-neutral data centers and Internet exchange services. The Company designs, builds and operates neutral data center hubs in which:! the largest global networks interconnect and exchange traffic with each other,! enterprise and large content companies place their mission critical operations, and! the largest systems integrators host their Fortune 1000 clients These customers choose Equinix to improve performance and reduce operating costs. Equinix s value combines a unique network neutral business model with world-class quality data centers that provide customers with premium collocation, interconnection services and managed outsourced IT infrastructure services. Equinix provides its customers with access to over 200 different network providers, a key differentiator for the company, and an important reason why the world s leading brands choose Equinix centers for the most secure and cost-effective Internet infrastructure solutions in the industry. Products and Services Managed Colocation Services Cabinets / Power / Smart Hands / Flex Space / IP Connectivity Equinix Internet Business Exchange (IBX ) centers lead the industry in quality and performance, with a proven record of more than % uptime. Equinix core products and services include cabinets, uninterruptible power supply systems, access to expert IBX staff to complete a variety of tasks through the Smart Hands service, as well as Flex Space, a unique service enabling customers to deploy their own operations personnel in the IBX. In addition Equinix offers direct access to over 200 networks for their bandwidth needs. Page 1 April 27, 2006

2 Interconnection Services Peering & Network Exchange Services A unique advantage of doing business at Equinix is the wide variety of networks present. Equinix Exchange Services allow customers to interconnect with over 200 networks and content providers in innovative ways to increase performance and reduce cost, making Equinix the premier peering hub in the U.S. Equinix Exchange This service allows networks and content companies to exchange Internet traffic, or peer, with each other to significantly reduce cost and improve performance. Equinix Exchange is a bundled offering based on an Ethernet based central switching fabric, with capacity up to 10 gigabits per second, which enables customers with the ability to reach all of their partners with a single connection. Equinix Internet Core Exchange Equinix Internet Core Exchange is the first turnkey service to fundamentally improve the peering architecture of the Internet. For the first time, major backbone networks can directly connect to exchange traffic, or peer, in a centralized and neutral environment. With pre-provisioned interconnections, premium service levels and specialized customer service features, the service meets the quality and support levels required by the largest global Internet providers. Equinix Financial exchange Equinix Financial exchange offers a fast, reliable and convenient platform for banks, financial trading companies and financial exchanges to interconnect with each other and with multiple network service providers in order to execute financial transactions. Each Equinix Financial exchange package provides secure colocation cabinets, as well as a tiered quantity of cross-connects to other IBX participants, including every major network service provider. Cross Connects Equinix customers reach their preferred network partner or conduct private peering over Equinix cross connect services. These services are used by all Equinix customers to connect to partners within an IBX center, eliminating the need for expensive local connections. Managed IT Infrastructure Services Equinix Direct Equinix Direct enables companies to automate their procurement of Internet and/or paid-peering connectivity to any number of branded network providers to achieve significant cost savings and better performance. With this new service Equinix can provision, track, settle, and bill bandwidth usage for a customer across multiple network service providers. This enables an Equinix customer to easily purchase and manage bandwidth from multiple service providers at market competitive rates without technical expertise or significant long-term contractual commitments. Managed Services Equinix offers managed services through both proprietary technologies and technology partnerships. These services allow customers to take advantage of network diversity, business continuity, disaster recovery, infrastructure self-monitoring and management, and backup and recovery. Additionally, Equinix offers a larger suite of managed services in Asia to meet local market needs. These services include managed mail services and managed hosting services. Page 2 April 27, 2006

3 Equinix Customers: 1,100+ Growth Strategy Equinix s growth is driven by three key factors: the continued expansion of the Internet, which is increasing the demand for high quality co-location services, which is prompting the large network providers to de-emphasize or exit the colocation business to refocus on their core business of providing bandwidth; and the company s differentiation created by the number of networks located in Equinix, creating a share shift among remaining providers as well as purchases from first-time outsourcers. Additional growth drivers include: Equinix s IBX s are the fastest growing peering hubs in the US and a growing number of customers are utilizing Equinix interconnection services. The expanding relationship with current customers who are increasing their reliance on Equinix by purchasing additional services or using Equinix s new managed or interconnection services. The realization of the network effect created by existing customers bringing in additional business partners into Equinix for efficient business operations. The growing importance of service customers such as IBM and EDS in the hosting markets, who use Equinix as a valued part of their Fortune 1000 customer solutions. Key Milestones Acquisition On December 31, 2002 Equinix acquired two leading Asia-Pacific network-neutral Internet infrastructure services providers, I-STT, Singapore Technologies Telemedia s internet infrastructure services subsidiary and Pihana Pacific. This provided Equinix IBX s in Tokyo, Hong Kong, Sydney, Singapore, Los Angeles, and Honolulu and increased its cabinet capacity from 15,300 to 21,000. Page 3 April 27, 2006

4 New Data Center Expansions On Oct 27, 2003 Equinix expanded its IBX footprint with the addition of a Sprint data center located in Santa Clara, CA. This new IBX center expanded Equinix s cabinet capacity by an additional 1,100 cabinets in the Silicon Valley. This was Equinix's 14 th overall and second IBX center in this important market. On April 22, 2004 Equinix signed a long-term lease for an additional 95,000 square feet of data center space adjacent to its Washington DC IBX Center. This facility added 2,500 cabinets to Equinix s total cabinet capacity. On December 8, 2004 Equinix acquired a 103,000 square foot data center in San Jose, CA from Abovenet. This facility added 1,700 cabinets to Equinix s capacity in the Silicon Valley when it opened in March of 2005 and was its 15 th overall. On June 15, 2005 Equinix announced the acquisition of a 120,000 square foot data center in Sunnyvale, CA. This facility will add 1,800 cabinets to Equinix s current cabinet capacity of 26,100 and will be its 16 th center, when it opens in the third quarter of On July 18, 2005 Equinix announced the acquisition of additional data center space in Chicago, IL, through a sublease from Verio. The built-out portion of the expansion will add 1,100 sellable cabinets and is located in the same building as Equinix s existing Chicago IBX when in opens in the second quarter of On September 13, 2005 Equinix announced the purchase of a 107,000 data center in Los Angeles for $34.5 million. In October, the company entered into an agreement, which closed at the end of 2005, to sell this for $38.7 million and enter into a long term lease for the center. This data center, when opened in the second quarter of 2006 is expected to add 2,000 cabinets to Equinix s inventory. On October 6, 2005 Equinix announced the purchase of its Washington D.C. area data center campus for $53.0 million and on October 25, 2005 and obtained long-term debt financing of $60 million at 8% for this property. On February 8, 2006 Equinix announced its intention to build out one of the buildings on this campus to expand its data center footprint by an additional 1,500 1,700 sellable cabinets, which is estimated to cost between $50 - $55 million in expansion capex. As a result, and including recently added space in Chicago, Silicon Valley, and Los Angeles Equinix is the largest global network neutral Internet exchange services company with a global footprint of over 1.7 million square feet in 5 countries, and over 1,100 customers, including 200+ different networks and 9 of the top 10 web properties (according to Nielsen Net Ratings December 2005). Page 4 April 27, 2006

5 Summary Financial Results Three Months Ended (000 s) March 31, 2006 March 31, 2005 Revenues $64,869 $45,901 Cost of Revenues $43,345 $36,873 Gross Profit $21,524 $11,811 Total operating expenses $24,328 $51,089 Total Interest and other, net ($2,257) ($1,792) Income/Loss from Operations ($5,070) $(5,794) Diluted net loss per share $(.18) $(.26) Shares used in computing diluted net loss per share 27,848 21,898 Investment Highlights Equinix is the leading global network-neutral provider of data centers and Internet exchange services, with a footprint of 15 IBX centers, or more than 1.4 million square feet of operational data center space in the US and Asia-Pacific. Equinix provides customers with solutions that enable high ROI and significant performance improvement. This combined with the difficulty and cost associated with changing infrastructure providers, gives Equinix a long term, loyal customer base. The Equinix recurring revenue model provides significant revenue visibility, as well as strong cash flow as each center reaches a minimal level of utilization. Equinix generates high flow through margins with its fixed cost business and since Q has been EBITDA* positive, cash flow positive from operations, and free cash flow* positive results highlights: # Increased revenues by 35% over 2004 # Increased EBITDA* to $70.1 million # 2 recently opened IBX s in D.C. and Silicon Valley cash flow breakeven # Increased capacity additional 25% with Chicago, L.A. and Silicon Valley (4th) acquisitions (scheduled to open in first half of 2006). Financial Metrics (in millions) Guidance* Actual Revenue $221.1 $ $286.0 EBITDA* $70.1 $ $105.0 Capex (Total)** $45.4 $ $105.0 * Refer to 8-K filed on April 26, 2006 for explanation of guidance, non-gaap metrics and reconciliation to GAAP metrics ** Includes Expansion Capex of $24.7 Million in 2005 and $75 - $80 million in 2006 guidance for 3 new data center expansions and the build of a new data center in Washing D.C. market Analyst Coverage Firm Canacordia Adams Citigroup Jefferies Kaufman Brothers Morgan Joseph Needham & Co SG Cowen Stanford Group Company Analyst Mark Kelleher Mike Rollins Jonathan Schildkraut Ari Moses Erik Zamkoff Greg Mesniaeff Tom Watts Rodney Ratliff Page 5 April 27, 2006

6 Executive Officers Peter Van Camp Keith Taylor Renee Lanam Margie Backaus Pete Ferris Brandi Galvin Chief Executive Officer Chief Financial Officer Chief Development Officer Chief Business Officer Vice President of Sales General Counsel Equinix Headquarters Equinix 301 Velocity Way 5 th Floor Foster City, CA Phone: Equinix Worldwide Locations Equinix Markets (US and Asia Pacific): United States Chicago, Illinois Dallas, Texas Honolulu, Hawaii Los Angeles, California New York Metro Area Silicon Valley, California Washington D.C. Metro Area Asia Pacific Hong Kong Singapore Sydney, Australia Tokyo, Japan For More Information Investor Relations: Jason Starr Phone: Web site: Information contained in this fact sheet is made at such times as the company determines in its discretion. Readers should not assume that the information contained on this fact sheet has been updated or otherwise contains current information. The company does not review past fact sheets to determine whether they remain accurate, and information contained in such fact sheets may have been superseded. Page 6 April 27, 2006

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