TAMPA, Fla., Apr 15, 2010 (BUSINESS WIRE) --Switch & Data Facilities Company, Inc.(NASDAQ: SDXC), a
leading provider of network neutral data center and Internet exchange
services, today announced that it will release financial results for the
first quarter of 2010 after the market close on Tuesday, April 27, 2010.
On October 21, 2009, Switch and Data announced the execution of an
agreement providing for Switch and Data's merger with and into Sundance
Acquisition Corporation, a wholly-owned subsidiary of Equinix. On
January 29, 2010, Switch and Data stockholders voted to approve the
merger. Completion of the merger remains subject to the expiration or
termination of the waiting period imposed by the Hart-Scott-Rodino
Antitrust Improvement Act of 1976, as amended, and the satisfaction or
waiver of the other closing conditions specified in the merger agreement
between Equinix and Switch and Data. The merger is expected to close in
the second quarter of 2010.
Switch and Data will not host an investor conference call.
About Switch and Data
Switch and Data is a premier provider of network-neutral data centers
that house, power, and interconnect the Internet. Leading content
companies, enterprises, and communications service providers rely on
Switch and Data to connect to customers and exchange Internet traffic.
Switch and Data has built a reputation for world-class service,
delivered across the broadest colocation footprint and richest network
of interconnections in North America. Switch and Data operates 34 sites
in the U.S. and Canada, provides one of the highest customer
satisfaction scores for technical and engineering support in the
industry, and is home to PAIX(R) - the world's first commercial
Important information about Switch and Data is routinely posted to the
investor relations section of the company's website www.switchanddata.com.
For copies of all Switch and Data press releases and SEC filings, please
visit the website. To automatically receive Switch and Data financial
news by email, please visit the website and subscribe to Email Alerts.
Investors are encouraged to check Switch and Data's website frequently
to access the most up-to-date information.
Forward Looking Statements
Certain statements made in this release, including those regarding
Equinix's pending acquisition of Switch and Data, could be
"forward-looking statements."Such forward-looking statements are
not historical facts but instead reflect Switch and Data's current
expectations or beliefs concerning future events and results of
operations, many of which, by their nature, are inherently uncertain and
outside of Switch and Data's control.It is possible that actual
results may differ, possibly materially, from those anticipated in these
forward-looking statements. Further information concerning Switch and
Data and its business, including factors that potentially could
materially affect Switch and Data's financial results and conditions, as
well as its other achievements, are contained in Switch and Data's
filings with the Securities and Exchange Commission.Switch and
Data does not undertake to publicly update or revise its forward-looking
statements, whether as a result of new information, future events or
SOURCE: Switch & Data Facilities Company, Inc.
Switch & Data Facilities Company, Inc.
Seth Potter and Idalia Rodriguez