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TWW Terremark Worldwide

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Share Name Share Symbol Market Type
Terremark Worldwide AMEX:TWW AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Euroface Chooses Terremark to Manage Its Critical Infrastructure

07/03/2007 1:30pm

Business Wire


Terremark (AMEX:TWW)
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Terremark Worldwide, Inc. (AMEX:TWW), a leading operator of integrated Internet exchanges and a global provider of managed IT infrastructure solutions for government and private sectors, today announced that Euroface Financial Services B.V., one of the European market leaders in mortgage consultancy software, has chosen its managed hosting subsidiary, Dedigate, N.V. as its strategic hosting partner. Euroface selected Terremark, after an extensive selection process, because of the quality of the solution and the scalability offered by its platforms. Terremark will deliver a robust, manageable and safe platform to ensure availability to the Finix® application to Euroface customers. Finix®, one of Euroface’s mortgage consulting programs, is a windows-based program developed for financial consultants, insurance intermediaries, insurers and banks. Finix® performs calculations, comparisons and multi-year financial overviews and allows for the creation of an accepted mortgage proposal within half an hour. “To relieve our users of all application-related issues, we decided to market our package as an ASP model,” said Armand Draijer, Director of Euroface. “It quickly became apparent that Terremark was the best option for outsourcing our critical infrastructure.” Presently, a number of Euroface’s customers, including HypotheekPlaza, have been connected to and are fully deployed in Terremark’s platform. “We are very pleased with Euroface’s choice,” said Joost Metten, Terremark’s Managed Hosting Subsidiary CEO. “In order to meet Euroface’s needs and demands, we developed a tailor-made infrastructure that offers redundancy for their critical systems. The environment has also been equipped with stringent security measures to prevent unauthorized access to sensitive information. The fully scalable design enables us to connect new customers quickly to their own dedicated servers.” About Euroface: Euroface Financial Services is a dynamic, modern company. It is characterized by a personal approach, an alert and professional state of mind, and a drive to work hard while enjoying the job at hand. Euroface Financial Services aims to service entrepreneurs through consultancy and the development and implementation of specific software programs in the field of finance in order to deliver an essential contribution to the enhancement of their customers’ efficiency, productivity and returns. For more information: www.euroface.nl. About Dedigate: Dedigate, "The Uptime Company", specializes in Managed Dedicated Hosting services for complex Internet infrastructures. The Company's technology consists of an integrated package of solutions, which fully automates the labor-intensive jobs in the management of Internet data centers. From seven data centers throughout Europe and the NAP of the Americas in the U.S., Dedigate hosts the mission critical environment of companies like Ilse Media, Pioneer, Samsonite, Quadrem, Exostar and the European Investment Bank. Dedigate is the Managed Hosting Subsidiary of Terremark Worldwide, Inc. For more information: www.dedigate.com. About Terremark: Terremark Worldwide, Inc. (AMEX:TWW) is a leading operator of integrated Internet exchanges and a global provider of managed IT infrastructure solutions for government and private sectors. Terremark delivers its portfolio of services from seven locations in the U.S., Europe and Latin America and from four service aggregation and distribution locations, which aggregate network traffic and distribute network-based services in Europe and Asia to meet specific customer needs. Terremark’s flagship facility, the NAP of the Americas, is the model for the carrier-neutral Internet exchanges the company has in Santa Clara, California (NAP of the Americas/West), in Sao Paulo, Brazil (NAP do Brasil) and in Madrid, Spain (NAP de las Americas - Madrid). The carrier-neutral NAP of the Americas is a state-of-the-art facility that provides exchange point, colocation and managed services. Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor, Miami, Florida USA, (305) 856-3200. More information about Terremark Worldwide can be found at 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, 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. Terremark does not assume any obligation to update these forward-looking statements.

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