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Terremark Worldwide Reports Second Quarter FY 2007 Results

Terremark Worldwide, Inc. (AMEX:TWW), a leading operator of integrated Internet exchanges and a global provider of managed IT infrastructure solutions for government and private sectors, today reported its results for the quarter ended September 30, 2006. Total revenues for the quarter ended September 30, 2006 were $24.2 million, exceeding guidance of $22.0 million to $23.0 million and representing an increase of 13% over the previous quarter and 73% over the same period the prior year. Total revenues for the quarter ended September 30, 2006 included $3.7 million of project type revenues related to the resale of equipment and consulting projects. Other highlights include: Adds 39 new customers including NetLine Communications Corp., Pacific National Bank and the South Florida Water Management District Existing customer expansions include the Broward Community College, Citrix Systems, Inc., Cross Country Healthcare, Facebook, IDT Domestic Telecom and Verisign Global Registry Services For the full press release please click here

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