Terremark to Begin Trading on NASDAQ Market; TMRK Will Be New Symbol

  
    
  
  
    
      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 it 
      has been approved for listing on the NASDAQ Global Market under the 
      symbol “TMRK”. 
      Trading on the NASDAQ is anticipated to commence in May. The Company’s 
      common stock will continue to trade on the AMEX under the symbol “TWW” 
      until the market close on the day before trading commences on the NASDAQ.
    
    
      “We are pleased to announce Terremark’s 
      move to the NASDAQ Global Market,” said Manuel 
      D. Medina, Chairman and CEO of Terremark Worldwide, Inc. “We 
      believe the move to NASDAQ will improve the visibility of our stock, 
      enhance trading liquidity in our shares, and provide Terremark with 
      greater exposure to institutional investors.”
    
    
      About Terremark Worldwide, Inc.
    
    
      Terremark Worldwide, Inc. 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.