Singapore, Singapore, July 26, 2006 --(PR.com
)-- Equinix, Inc. (Nasdaq: EQIX), the leading provider of network-neutral data centres and Internet exchange services, today announced that Clement Goh has been appointed as Managing Director of Equinix Singapore. He is to replace Lee Yoong Kin and will report directly to Samuel Lee, Vice President of Equinix Asia Pacific.
As the Managing Director, Goh will be responsible for the overall performance of the Singapore IBX centre. This includes increasing local and regional market share, profitability and operational efficiency. Goh will also identify, develop and direct the implementation of local business strategy while ensuring that it is in line with the regional and global strategy. He will also oversee planning and direction of the organization’s activities to achieve stated targets and standards for financial performance, service quality and corporate culture.
"Equinix Singapore is one of the largest revenue contributors for Equinix in Asia Pacific,” said Samuel Lee, Vice President of Equinix Asia Pacific. “In merely four years since its inception in 2002, the Singapore IBX has attracted more than 300 customers, including Ikea, Panasonic and Hardware Zone. We believe that Clement’s outstanding track record in the industry will lead the Singapore IBX to the next pinnacle in this competitive landscape. I look forward to working closely with Clement as we continue to grow our operations in Singapore.”
Goh has held a number of key positions in global technology multi-national companies, and he has been instrumental in ensuring the rapid expansion of the companies that he has served in. He was most recently Datastream’s Senior Sales & Marketing Director in Asia Pacific, where he drove a growth rate of 74% in revenue for their flagship product, and improved the division margin by 34%. Prior to Datastream, Goh was McDATA’s Field Program Director in Asia Pacific, where he drove business development in the region while strengthening relationships with technology giants EMC and Dell. Goh has also held leading positions at EMC Singapore, Oracle Systems Singapore and Agilent Technologies.
Goh holds a Bachelor of Engineering in Electrical & Electronics from the National University of Singapore. The awards that Goh has received included the Best Sales Team 2005 from Datastream, Best OEM Manager 2004 and Best OEM Team 2004 from McDATA, Top District Manager 2001 and Club of Excellence 2002 from EMC.
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 Internet Business Exchange™ (IBX®) centers in 11 markets in the U.S. and Asia, 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.
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; a failure to receive significant revenue from customers in recently-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; the results of any internal or regulatory review of past stock option grants and practices or any litigation relating to such grants and practices; 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 and registration statement on Form S-3 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. Internet Business Exchange is a trademark of Equinix, Inc.