January 10, 2011
Spread Networks Introduces the Lowest Latency Fiber Network Connecting Carteret and Equinix Data Center in Secaucus
Ridgeland, MS and Redwood Shores, CA – January 10, 2011 – Spread Networks, LLC, a privately owned telecommunications provider, today announced it will connect Spread Networks Low Latency Metropolitan Dark Fiber Network to Equinix’s New York (NY4) International Business Exchange™ (IBX®) data center in Secaucus, NJ.
Spread Networks, which provides the lowest latency route between New York and Chicago, has now complemented that route with the new Low Latency Metropolitan Dark Fiber Network. The new route was trenched between Carteret, NJ and the Equinix NY4 IBX data center in Secaucus, NJ.
The dark fiber network offers a managed and secure point-to-point service with a round trip latency that sets the new standard connecting these two financial centers. Each customer receives a dedicated fiber pair on the advanced dark fiber network and the capacity to light up as many wavelengths as needed on their own private fiber. Customers can either use that route for metro-NJ only communications, giving them the fastest path between Carteret and Secaucus, or they can combine it with Spread Networks current Chicago to Carteret route to achieve the shortest route from Chicago to Secaucus.
The Equinix NY4 IBX data center in Secaucus hosts many financial market participants including the Boston Options Exchange and Direct Edge, and improves network availability through interconnection to strategic financial partners that require optimized network routes.
“Spread Networks is committed to bringing premium connectivity to enterprise customers of all kinds. We literally built a brand new dark fiber network from the ground up to raise the standard for speed, diversity security and reliability between New York and downtown Chicago. By working with Equinix we can now provide customers with connectivity between Carteret and Secaucus at the lowest possible latency,” said W. Brennan Carley, SVP Product Marketing, Spread Networks.
John Knuff, general manager for Equinix Global Financial Services, said “We’re delighted to collaborate with Spread Networks on this initiative. Low latency is critical to electronic trading and the availability of Spread Networks’ new service at our NY4 IBX data center presents an attractive value proposition for our customers.”
Spread Networks inaugurated its private dark fiber network in August 2010, establishing the benchmark for ultra low latency connecting New York and Chicago. Together with its certified network equipment providers, Spread Networks offers a comprehensive solution that provides customers with infrastructure, equipment and services needed to run their own private network—the best way to manage consistent low latency and network security. Without the drag of traditional telecommunications offerings, Spread Networks provides its customers with a private network to achieve a 'clean speed,' allowing data to run as close as possible to the true speed of light through fiber.
Spread Networks worked closely with optical equipment manufacturers in search of the lowest-latency solutions. These network equipment providers include ADVA Optical Networking, Ciena® Corporation and Infinera.
About Spread Networks
Spread Networks, a privately own telecommunications provider, built a new fiber network from the ground up, connecting New York and Chicago to set a new standard for latency. Without the drag of traditional telecommunications offerings, Spread Networks provides its customers with a state-of-the-art diverse and secure fiber optic network to allow data to run as close as possible to the true speed of light through fiber.www.spreadnetworks.com
About Equinix in the Global Financial Markets
Equinix provides a neutral meeting place for the world’s leading financial market participants including trading venues, buy and sell side firms, market data providers, technology providers and financial networks. These customers locate servers and infrastructure within Equinix data centers to support mission critical financial services applications with highly reliable, low-latency connectivity. Learn more at:http://www.equinix.com/industries/financial-exchange/
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. More than 3,100 enterprises, cloud, digital content and financial companies connect to more than 600 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 35 strategic markets across North America, Europe and Asia-Pacific and continually invests in expanding its platform to power customer growth.
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 companies we have acquired 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; 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. International Business Exchange is a trademark of Equinix, Inc.