October 7, 2008
Terremark Provides Infrastructure for WiMAX
Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of IT infrastructure services, today announced it was selected to provide core infrastructure solutions to WiMAX, a 4G network solution which delivers extended wireless broadband Internet beyond Wi-Fi. With wireless high-speed broadband connectivity, WiMAX-enabled laptops and mobile devices provide the freedom to connect to the Internet as easily as with a cell phone service.
Laying the foundation for broad and cost-effective deployment of WiMAX technologies, companies including Intel(R) are helping to deliver unprecedented mobility for Internet-connected devices. With speeds similar to DSL or cable and faster than using cell phone service to connect, WiMAX will allow access to data-intensive applications, including streaming media on the Internet, live video conferencing, mobile TV and more."The selection of the NAP of the Americas for the back-end infrastructure of WiMAX further validates our facility as one of the most important Internet exchanges in the world," said Manuel D. Medina, Terremark's Chairman and CEO. "We are excited to help revolutionize the way people access content on the Internet."
About Terremark Worldwide, Inc.
Terremark Worldwide (NASDAQ:TMRK) is a leading global provider of IT infrastructure services delivered on the industry's most robust and advanced technology platform. Leveraging data centers in the United States, Europe and Latin America with access to massive and diverse network connectivity, Terremark delivers government and enterprise customers a comprehensive suite of managed solutions including managed hosting, colocation, disaster recovery, security and cloud computing services. Terremark's acclaimed Infinistructure(TM) utility computing architecture has redefined industry standards for scalable and flexible computing infrastructure and its DigitalOps(R) service platform combines end-to-end systems management workflow with a comprehensive customer portal. More information about Terremark Worldwide can be found at http://www.terremark.com.
Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, ability to cross-sell across an acquired customer base, ability to increase revenue yields within facilities, ability to refinance existing debt, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth, the successful integration of operations of acquired companies. Terremark does not assume any obligation to update these forward-looking statements.