Foster City, California – (The Hosting News) – January 21, 2008 – Network-neutral data centers and Internet exchange services, Equinix, Inc., has participated in the Citigroup 18th Annual Entertainment, Media and Telecommunications Conference in Phoenix, Arizona and the Tenth Annual Needham Growth Stock Conference in New York City.
Stephen M. Smith, Chief Executive Officer of Equinix, and Keith Taylor, Chief Financial Officer for Equinix, presented at the Citigroup conference in Phoenix, Arizona at the Arizona Biltmore Resort and Spa. Margie Backaus, Chief Business Officer of Equinix, presented at the Needham and Company conference The New York Palace Hotel in New York, NY.
A live audio webcast of these presentations was made on the Investor Relations section of the Equinix website.
The Citigroup conference featured leading companies in the Technology, Media and Telecom industries to provide first-hand insight into corporate strategy, competitive positioning, financial results and growth objectives. Company presentations included Q and A.
Citigroup Inc. is a financial services company, with over 200 million customer accounts in more than 100 countries. Its history dates back to the founding of Citibank in 1812, Bank Handlowy in 1870, Smith Barney in 1873, Banamex in 1884, and Salomon Brothers in 1910. Other major brand names under Citigroup’s trademark red umbrella include Citi Cards, CitiFinancial, CitiMortgage, CitiInsurance, Primerica, Diners Club, The Citigroup Private Bank, and CitiCapital. Citigroup History The Citigroup timeline (1998-present) represents major events since Citicorp and Travelers merged in 1998. The global presence chart provides information about the establishment of Citigroup and its predecessors in the countries and territories where we do business.
Citigroup Inc. (NYSE:C) recently reported net income for the 2006 fourth quarter of $5.13 billion, or $1.03 per share. Results include previously disclosed charges of $415 million after-tax in Japan consumer finance to increase reserves and reposition the business. Return on common equity was 17.2%. For the full year 2006, net income was $21.54 billion, or $4.31 per share, and return on common equity was 18.8%.
The extensive lineup of sessions at the Needham conference are designed to help educate attendees on the latest consumer electronics industry trends. The diverse program includes conference sessions on emerging technology, mobile entertainment, digital imaging, gaming, robotics, wireless technology and home entertainment. In addition, a number of segments offer information on capital equipment, application software, biotechnology, life sciences, contract manufacturing, display technology, electronic components, fiber optics, handheld devices, communications infrastructure, medical devices, business services, transaction processing, electronic automation design, PC hardware, storage networking and wireless communications. The conference program consists of knowledge tracks and information sessions that cover virtually every aspect of business and consumer technology in the world.
Needham and Company, LLC, a wholly owned subsidiary of The Needham Group, Inc., is a privately held, full-service investment bank with the mission of helping emerging growth companies achieve their potential. The firm is headquartered in New York City with offices in Boston, Menlo Park and San Francisco. In addition to investment banking, Needham’s principal activities include institutional sales and trading and asset management. To serve its institutional clients, Needham and Company, LLC produces comprehensive equity research on more than 350 companies in technology, healthcare, consumer and industrial growth. Needham and Company, LLC is a member of NASD/SIPC.
Equinix is a global provider of network-neutral data center and interconnection services, offering premium colocation, traffic exchange and outsourced IT infrastructure solutions. Global enterprises, content companies, systems integrators and network service providers look to Equinix Internet Business Exchange centers for world-class reliability and network diversity. Equinix IBX centers serve as critical, core hubs for IP networks and Internet operations worldwide. With 37 IBX centers located in 17 strategic markets across North America, Europe and Asia-Pacific, Equinix enables customers to reliably operate their mission-critical infrastructure on a global basis.
To learn more, please visit: www.equinix.com.