Equinix, Inc. (Nasdaq: EQIX), a leading provider of network-neutral data centers and Internet exchange services, has announced plans to double the size of its Paris2 Internet Business Exchange (IBX) center, and that the center has also received ISO 9001:2000 certification. The 2,500 square meter (26,910 sq. ft.) sellable data center expansion is being driven by significant growth from financial services companies, and other businesses in the Paris market. Equinix's previously announced 1,500 square meter (16,146 sq. ft.) expansion of its Paris2 IBX is currently under construction and already 90% booked. First opened in January of this year, Equinix's Paris2 IBX center is located in the Saint-Denis area of the city. Customers in the new expansion will be able to have direct access to the more than 15 networks and 45 enterprises and content companies already operating within Equinix's Paris2 IBX, a principal element of Equinix's value proposition. Equinix intends to begin placing new customers in the expanded space by the second quarter of 2008. Equinix intends to invest approximately 12.0 million or approximately $17.0 million to improve the center, of which 5.0 million to 7.0 million or approximately $7.0 million to $10.0 million will be incurred in 2007. All of Equinix's IBX centers located in Europe are now ISO 9001:2000 certified in recognition of its standardized best practice approach to data center management. Formerly IXEurope, Equinix's European operations were the first to be certified with ISO 9001:2000 in September 2000 as the business leveraged its expertise and high standards in data center operation to provide superior quality to its customers across Europe.
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