PAIX Expansion On Target -- Second Neutral Internet Exchange Open in Washington, D.C. Area; Continuing PAIX's Leadership as the Premier Open Internet Exchange
Business Wire - December 20, 1999 07:46
PALO ALTO, Calif.--(BUSINESS WIRE)--Dec. 20, 1999--PAIX, the first and leader in carrier-neutral Internet exchange points, today announced the completion of the first of two phases of its East Coast facility, located in Tyson's Corner, Virginia near Washington, D.C. The facility is one of six highly secure, fault-tolerant PAIX facilities announced in October. They are the initial phase in PAIX's global strategy to expand beyond its highly successful flagship facility in Palo Alto, which has operated at near full capacity since its inception. PAIX uniquely facilitates the explosive growth of the Internet by enabling Internet Service Providers (ISPs), content providers, and carriers to freely negotiate agreements that optimize the exchange of Internet traffic including peering and transit agreements and network interconnections. The new Tyson's Corner facility will have the capability to support over 200 ISP's and content providers. PAIX customers have already committed to more than sixty percent of the space available in the first phase of the facility. PAIX is a subsidiary of Metromedia Fiber Network, Inc. (Nasdaq: MFNX), the leading provider of end-to-end optical network solutions. Among PAIX's customers are the leading national and international ISPs and network providers.
"The original architects of PAIX, Paul Vixie, Stephen Stuart and Dr. Brian Reid, continue to work with and guide us as we pursue their original dream to expand PAIX's revolutionary neutral business model and support unparalleled growth of the Internet," said Laura Z. Hendriksen, general manager of PAIX.
"We are now fulfilling the promises we made to ourselves and our loyal customers over the past three years as we roll out new facilities and widely promote our groundbreaking open business policies, and remain free from carrier or telco control and ISP affiliation," continued Hendriksen.
PAIX is entering into a phase of rapid growth and expansion. In addition to the Tyson's Corner facility, PAIX has announced new facilities in Atlanta, Dallas, Los Angeles, and New York. These facilities, and a second one in Palo Alto, will open next year. All of the PAIX facilities will continue to offer providers a choice of carriers from whom to buy circuits. In addition, they will have the option to acquire dark fiber from Metromedia Fiber Network in order to obtain transit at a fixed, rather than a metered cost.
PAIX History as a Leading Internet Pioneer
PAIX has played an important role in the development of the Internet. As the second largest network access point, or location on the Internet where ISPs and network providers come together to the exchange data, PAIX enables ISPs and network providers to effectively route traffic to its final destination. Unlike other commercial network access points, PAIX is not owned or controlled by a telco or carrier, all customers are treated equally. This neutrality, combined with PAIX's proven track record, and the freedom of choice PAIX offers its customers sets PAIX apart from other network access points and newcomers to the Internet exchange business.
PAIX began operation in 1996. It was conceived by network and Internet experts in the technology incubator labs of Digital Equipment Corporation who still remain a part of PAIX's operation and technical advisory board. These experts developed an innovative solution to the bottlenecks and delays occurring at other network access points. Coining the term, "Internet exchange," they designed a fault tolerant facility and switching fabric, combined with groundbreaking business policies that have remained the hallmark of PAIX's success. Multiple telecommunications companies and other carriers bring circuits to PAIX facilities. With this choice of carriers, and the option of dark fiber from Metromedia Fiber Network, ISPs and network providers are better able to delivery traffic quickly to its final destination at a price they can more easily negotiate.
About PAIX
PAIX, headquartered in Palo Alto, California, began operations in 1996 as Digital Equipment Corporation's Palo Alto Internet Exchange. Having proven itself as a vital part of the Internet infrastructure, PAIX serves as a packet switching center for ISPs. PAIX also offers secure, fault-tolerant co-location services to ISPs. PAIX is the only major commercial IX that is not owned by a telecommunications carrier, which enables ISPs at PAIX to form public and private peering relationships with each other and choose from multiple telecommunications carriers for circuits, all within the same facility. PAIX is a subsidiary of Metromedia Fiber Network, Inc. To ensure its neutrality, it operates as a separate entity with its own management and technical advisory board comprised of industry experts. For additional information about PAIX, call 877-PAIXnet (877-724-9638) or visit its Web site at www.paix.net.
About Metromedia Fiber Network
Metromedia Fiber Network, the leading provider of end-to-end optical network solutions, is revolutionizing the fiber optic industry by offering enterprises and providers virtually unlimited, unmetered bandwidth via dark fiber at a fixed cost. It`s unique end-to-end fiber optic infrastructure in top tier metropolitan markets eliminates the bandwidth barrier for mission-critical Internet applications and provides a competitive alternative to telco service. In addition to its current nationwide expansion in 50 major US and Canadian cities, Metromedia Fiber Network is entering the International market with fiber optic builds throughout Europe. Metromedia and its subsidiaries, PAIX and AboveNet Communications promote open business policies. Together, they are working to unleash the full potential of the Internet. For more information about Metromedia Fiber Network, please visit the company's Web site at mmfn.com.
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This news release contains certain forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control. This also includes such factors as described from time to time in the SEC reports filed by Metromedia Fiber Network, including the most recently filed Forms S-3, 10-K and 10-Q.
CONTACT: PAIX, Palo Alto
Kari Buchanan, 650/325-2638
buchanan@paix.net
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