FOSTER CITY, Calif. & LONDON--(BUSINESS WIRE)--July 21, 2004-- Global Financial IT Services Provider Leverages Secure, Multi-Network Equinix Infrastructure for Currency Application that Trades Billions of Dollars Daily

Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, and Misys Wholesale Banking Systems (Misys) today announced that Misys has deployed the IT infrastructure of its new service, Misys Treasury, a solution that provides treasury management services for banks, corporate treasurers and fund managers, to Equinix's New York area Internet Business Exchange(TM) (IBX(R)) center located in Secaucus, New Jersey. With this move from an existing data center, Misys will operate within a highly secure environment where it will have direct access to an abundance of network service providers as well as other financial industry companies operating within the center.

Misys Treasury is developed and marketed by Misys Global Managed Services (Misys GMS), the business unit within Misys Wholesale Banking Systems created to offer new ASP and managed services propositions to banks, corporate customers and fund managers. Misys Wholesale Banking Systems provides a wide array of technology solutions that enable eBanking, private banking, settlement and trade services and much more for global financial institutions. Misys GMS hosts solutions for over 800 customers worldwide and handles US$100bn in foreign exchange and money market transactions. To implement an infrastructure that ensures the highest levels of performance and speed, Misys will streamline its connectivity by directly connecting to its strategic partners within Equinix's Internet hub, rather than across long distances and in multiple locations.

Equinix's industry-leading data center environment provides a secure and redundant platform for financial IT operations. The world-class quality of Equinix data centers includes interlocking "mantrap" doors, multiple layers of biometric hand-geometry scanners controlling access, as well as 24-hour security officers and hundreds of surveillance cameras. The power operations of each center include a high-performance backup system that guarantees uninterrupted power even in the event of utility power disruption.

In addition to a reliable physical infrastructure, Equinix centers also offer immediate and direct access to an aggregation of leading Internet companies within the same physical location, including all of the top carriers, networks and ISPs. By operating within this Internet ecosystem, Misys can directly link with these companies, rather than connecting to them in multiple, disparate locations and over long distances. This direct connectivity reduces bottlenecks in the path between content origin and destination, providing improved performance levels. The abundance of networks and service providers in Equinix's centers will also enable Misys to quickly scale operations to meet ongoing or unexpected growth.

"We reviewed a variety of options for the deployment of our IT infrastructure and found Equinix to be the only place that offers the highest levels of security, combined with a uniquely neutral business model that provides a one-stop shop for us to reach all of the leading networks and our other strategic business partners," said Mark Davies, CEO of Misys Global Managed Services.

"Equinix's Secaucus center is becoming a centralized hub for finance companies who seek to interconnect with each other as well as with major network service providers that they count on for their critical data communication links," said Peter Van Camp, CEO of Equinix. "The addition of Misys will increase the value of this critical mass to other financial companies and add to the 'network effect' that we have seen flourish in other Equinix centers."

About Misys Treasury

Misys Treasury is a new ASP service providing browser-based treasury management services for corporate treasurers, fund managers and financial institutions. Misys Treasury has been designed to provide corporate treasurers with a more efficient, flexible and risk controlled environment for their day-to-day activities, and will initially be released in two phases. The first release incorporates multi-bank electronic trade execution for foreign exchange and money market instruments, confirmation matching and the automatic population of settlement instructions.

About Misys Wholesale Banking Systems

Misys Wholesale Banking Systems is a trusted provider of innovative technology solutions: over 1,000 employees in 30 offices around the world have built up the domain expertise to deliver world-class solutions with an understanding of local requirements. Misys Wholesale Banking Systems' staff are committed to developing and supporting a product family that embraces trade services, international banking, treasury & capital markets, confirmation matching, continuous linked settlement (CLS), eBanking, middleware and financial messaging. Misys Wholesale Banking Systems is part of Misys plc's Banking & Securities Division, which serves over 1,200 customers across more than 120 countries, including 92% of the world's top 50 banks and 56% of the top 250. (Source: The Banker, July 2003).

Misys plc, one of the world's largest software solutions companies, serves customers in the international banking and securities, US healthcare, and UK retail financial services sectors. Employing over 6,000 staff, Misys reported revenues in excess of GBP 1 billion ($1.5 billion) for the year ended 31 May 2003.

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.

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.

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

CONTACT: K/F Communications, Inc. (for Equinix)
Julie Karbo, 415-255-6505
julie@kfcomm.com
or
Misys Global Managed Services
Gil Bray, 845-501-0770
gilmore.bray@misys.com
SOURCE: Equinix, Inc.