December 2, 2009
CFN Services Joins Switch and Data's GeoReachSM Partnership to Provide Low-latency Exchange Interconnection Solutions in Metro New York and Toronto
TAMPA, Fla. - December 2, 2009 - Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that CFN Services, a leading ultra low-latency network and custom fiber optic network integrator in the financial industry, has joined Switch and Data's GeoReach partnership program. CFN will provide clients with turnkey or custom-designed, low-latency interconnections to multiple regional exchanges from Switch and Data's New York and Toronto Financial EcoCentersSM. CFN FiberSource(r) Advisor provides professional services to assist financial firms in their regional or global network design, planning, and strategy to enhance their individual electronic trading strategies.
CFN Services, the low-latency leader, provides low-latency global exchange connectivity; offering specific ultra low-latency solutions for the trading areas in Toronto, Chicago, New York/ New Jersey Metro, Washington DC, Sao Paulo, London/London Metro, Frankfurt and Tokyo. CFN is recognized as one of the only network providers to offer the Low-Latency Guarantee along with a Latency Improvement Plan. The key to the integrated solution provided by CFN Services is the ability to identify metro fiber, long haul, and the collocation space to piece together the carrier networks onto one optimal path. CFN sets itself apart from other transport vendors by offering carrier neutrality, professional services, fully managed services and the ability to design and implement custom fiber networks.
“We are proud to be part of Switch and Data's new GeoReach program,” said David Conrad, Vice President of Finanical Market Sales, CFN Services. “CFN and Switch and Data can now deliver a complete low-latency solution in the most ideal market locations in New York and Toronto. Under this partnership, we can implement a competitive and comprehensive solution to the most demanding high frequency trading or latency-sensitive infrastructure.”
Switch and Data's GeoReach partnership program is a select group of providers who have engineered their networks to meet the needs of the high frequency trading community. GeoReach partners have engineered optimum paths from Switch and Data's EcoCenters to each of the regional liquidity providers that satisfy the requirements of the most latency-sensitive infrastructure. Firms can focus on their core and add each new ATS or Exchange using a low cost, minimal footprint while still maintaining ultra low latency communication across the markets.
“Adding CFN Services to our GeoReach partner program in our New York and Toronto Financial EcoCenters enhances our ability to offer customers ultra-low-latency connectivity to their desired exchanges,” said John Panzica, Vice President of Switch and Data's Financial Services Practice. “As more customers utilize trading strategies across the entire market landscape, a selection of optimized paths to the region's liquidity providers becomes ever more crucial. CFN's continual optimization creates a compelling story for firms seeking to stay ahead of the curve.”
GeoReach Partners are a critical element of Switch and Data's Financial EcoCenters which provide mission-critical infrastructure to meet the security, volume and low-latency requirements of the electronic trading community. These EcoCenters aggregate an ecosystem of the pre and post- trade service provider, buy-side and sell-side communities into Switch and Data sites located in the geographic center of the major liquidity providers in New York and Toronto.
About CFN Services
CFN Services, the Low Latency Leader, is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector and Carrier Markets, specializing in network design, planning, deployment, and managed services, including: Low Latency Global Exchange Connectivity, Global, Regional and metro network design and cost optimization and mobile backhaul optimization.
CFN Services specializes in Data Center optimization ensuring the long haul network enhances the Enterprise distributed network strategy. CFN Services leverages FiberSource®, a global knowledge-based platform that can view all available dark and lit fiber, collocation, and lit buildings; providing the ability to quickly identify and design ultra low latency solutions. Learn how CFN Services can ensure you are Optimizing the Power of your Network www.cfnservices.com.
About Switch and Data
Switch and Data is a premier provider of network-neutral data centers that house, power and interconnect the Internet. Leading content companies, enterprises and communications service providers rely on Switch and Data to connect to customers and exchange Internet traffic. Switch and Data has built a reputation for world-class service, delivered across the broadest colocation footprint and richest network of interconnections in North America. Switch and Data operates 34 sites in the U.S. and Canada, provides one of the highest customer satisfaction scores for technical and engineering support in the industry, and is home to PAIX® — the world's first commercial Internet exchange.
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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.
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