Terremark CEO Controlled Entity, MD Medina Investments, LLC. Purchases $3.75 Million of Terremark Common Stock

  
    
  
  
    
      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 MD 
      Medina Investments, LLC, a limited liability company controlled by the 
      Company’s Chief Executive Officer Manuel D. 
      Medina, has purchased 500,000 shares of the Company’s 
      common stock. The purchase price for the common stock was $7.50 per 
      share. The shares were purchased from Sun Equity Assets Limited, a 
      corporation controlled by Francis Lee.
    
    
      About Terremark Worldwide, Inc.
    
    
      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 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, 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.