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Internap Expands Asia-Pacific Operations with Deployment to Equinix Data Centers in Key Growth Markets

Internap to Deploy P-NAP Service Points in Equinix IBX Centers in Hong Kong, Singapore and Sydney, Australia

Online Stock Market Trading FOSTER CITY, Calif. & ATLANTA--(BUSINESS WIRE)--Aug. 9, 2004-- Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centers and Internet exchange services, and Internap(R) Network Services Corporation (AMEX: IIP), the leading provider of performance-based routing technology over the Internet, today announced that Internap will expand its Asia-Pacific operations into three major new markets via deployments in Equinix Internet Business Exchange(TM) (IBX)(R) centers located in Hong Kong, Singapore and Sydney, Australia.
Internap will install Private Network Access Points (P-NAPs), along with its patented route control software, in Equinix's Hong Kong, Singapore and Sydney centers. In addition to offering access to the aggregation of Internet businesses operating within its connectivity hubs, Equinix will provide field support for the P-NAPs, along with local provisioning of access circuits and language translation to Internap's U.S. Network Operations Centers.

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Stock Investing Course Through this agreement, Equinix customers will be able to access Internap's portfolio of advanced IP solutions - ranging from Internet connectivity to managed VPNs - as well as Internap's award-winning Flow Control Platform(TM) (FCP) customer premise equipment, and its recently announced Flow Control Xcelerator (FCX). Similarly, Internap can bundle its advanced IP services with Equinix's data center offerings. The agreement will offer a turnkey solution to customers seeking a presence in the Asia-Pac region. What's more, customers located in these cities can secure Internap IP connectivity through a local access connection into the Equinix IBX.

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Stock Market Game "Asia-Pacific expansion is a dramatic step for Internap that will allow us to better serve our existing multinational customers, while opening up major new markets in the world's fastest-growing region," said Gregory A. Peters, president and CEO of Internap. "Equinix has a strong presence in the Asia-Pacific region and made our data center partner decision an easy one."

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Stock Investing Game "Internap's expansion to three of our Asia-Pacific IBX centers builds on the strong relationship that we've enjoyed with Internap in the U.S. over the past several years," said Peter Van Camp, CEO of Equinix. "While Internap can leverage the benefits of our rich connectivity options and selling our IBX portfolio of services, we are pleased to be able to make Internap's advanced IP solutions available to Equinix customers and prospects within our Hong Kong, Singapore and Sydney centers."

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Journal Prime Rate Street Wall Internap's unique multi-carrier intelligent routing technology, which uses P-NAPs to speed Internet traffic from one location to another, allows customer traffic to avoid the congestion and bottlenecks of traditional single-carrier networks. Internap's P-NAPs connect directly to the Internet backbones of multiple carriers in major cities throughout North America, as well as Tokyo and London. The P-NAP software continually analyzes the traffic situation on every major Internet backbone, and then selects the optimal path to deliver business-critical information and communications faster and more reliably. Today's announced P-NAP deployment will supplement Internap's existing services footprint, comprised of 27 domestic U.S. facilities and P-NAP locations in London and Tokyo. The Tokyo P-NAP is operated by Internap Japan Co., Ltd., Internap's joint venture with Nippon Telegraph and Telephone Corporation.

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Stock Market News Equinix's data center and Internet exchange services enable networks, enterprises and Internet companies to quickly, easily and privately interconnect with a choice of business partners, service providers and customers, providing them with the flexibility, speed and adaptability they need to accelerate business growth and improve Internet performance. By operating within these neutral hubs of network service providers, companies can cost-effectively execute strategic connectivity agreements with their key business partners within a highly secure and reliable environment.

Stock Investing Basics About Equinix

Stock Investing Software 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.

Stock Market Trading About Internap Japan

Stock Investing For Dummy Founded in April 2001, Internap Japan Co. Ltd. is a joint venture between Internap Network Services (51 percent), NTT-ME (40 percent) and Nippon Telegraph and Telephone Corporation (NYSE: NTT) (9 percent). The company provides high-performance/quality broadband Internet services to ISPs and content delivery companies using Internap's intelligent routing service and technology.

Stock Market Crash About Internap

Stock Investing Tip Internap is the market leader of intelligent route-control solutions that bring reliability, performance and security to the Internet. The company's patented and patent-pending technology address the inherent weaknesses of the Internet, enabling enterprises to take full advantage of the benefits of deploying business-critical applications such as e-commerce, Voice over IP (VoIP), video-conferencing, and streaming audio/video across the Internet. Through a portfolio of high-performance IP solutions, customers can bypass congestion points, overcome routing inefficiencies and optimize performance of their applications. Internap solutions are backed by an industry-leading performance guarantee that covers the entire Internet as opposed to just one network. These offerings include: network- and premise-based route optimization solutions, colocation, VPN, content distribution, managed security and managed storage services.

Stock Market Chart Internap currently serves more than 1,700 customers including Fortune 1000 and mid-tier enterprises in the financial services, government; travel/hospitality, manufacturing, media/entertainment, technology and retail industries. The company provides services throughout the United States, United Kingdom and Japan. For more information, please visit the company website at www.internap.com.

Online Stock Investing 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.

Stock Market Crash Of Internap and P-NAP are registered trademarks and Flow Control Platform is a trademark of Internap. Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc. All other trademarks and brands are the property of their respective owners.

Stock Investing For Beginner Contacts

Finance Journal Personal
Equinix U.S.
K/F Communications, Inc.
David Fonkalsrud, 415/255-6506
dave@kfcomm.com
or
Equinix Asia
Equinix Asia Pacific Pte Ltd
Charles W.H Chow, +(65) 6723-8943
charles.chow@ap.equinix.com
or
Internap Network Services Corp.
Media Contact
David Sutton, 404/302-9721
dsutton@internap.com
or
Investor Contact
Andrew Albrecht, 404/302-9841
aalbrecht@internap.com

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