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Terremark’s NAP of the Americas to House FIU’s AMPATH, South Florida’s Internet2 GigaPoP

December 20, 2000

MIAMI, FL - Terremark and FIU have signed a Research and Development Agreement with the aim of establishing Miami as the major hub for a regional research and education network. Terremark Worldwide, Inc. (AMEX:TWW), a global leader in providing Internet infrastructure and managed services to the telecommunications industry, today announced that Terremark’s NAP of the Americas will serve as the home of the AMPATH Network and South Florida’s Internet2 GigaPoP.

AMPATH, a project developed by Florida International University (FIU) in collaboration with Global Crossing, interconnects the research and education networks in South America, Central America, the Caribbean, Mexico and other countries, to U.S. and non-U.S. research and education networks via the Internet2 Abilene network.

Internet2 is a consortium being led by more than 180 universities working in partnership with industry and government to develop and deploy advanced network applications and technologies, accelerating the creation of tomorrow’s Internet. Internet2 is recreating the partnership among academia, industry and government that fostered today’s Internet. Abilene is an advanced backbone network that supports the development and deployment of the new applications being developed within the Internet2 community. Abilene connects regional network aggregation points, called GigaPoPs, to support the work of Internet2 universities as they develop advanced Internet applications.

The announcement is part of a Research and Development Agreement between Terremark and FIU to work together, through FIU’s Telecommunications and Information Technology Institute, on research and development projects to create test beds for experimentation at the NAP of the Americas using the AMPATH network to study current and emerging Internet and telecommunications technologies, including but not limited to, IPv6, Quality of Service (QoS), multicast and optical switching.

“We are proud that the NAP of the Americas will be the home of the AMPATH Network and the South Florida GigaPoP,” said Manuel D. Medina, Chairman and CEO of Terremark. “We are particularly excited to join forces with Florida International University to develop a program to connect educators and students across the Americas and beyond, which will establish the NAP of the Americas and Miami as one of the premier educational points for the development of applications for the advancement of Internet technologies.”

The NAP of the Americas will serve as a major connecting point where research and education networks can peer with U.S.-and non-U.S.-based National Research Networks. Co-locating AMPATH, a point-of-presence, within the NAP of the Americas will establish Miami as a major connectivity point for research and development for educational initiatives.

“With this agreement, the AMPATH and FIU partnership is positioned to become the leading international technology initiative for higher learning throughout the Western Hemisphere,” said FIU President Modesto A. Maidique. “The NAP of the Americas is the ideal site to host a pan-regional higher education initiative, which will enhance Miami’s stature as a leading high-tech learning center.”

Terremark is the operator and owner of the NAP of the Americas, a TerreNAP℠ Data Center that will be a state-of-the-art facility providing interconnection between global carriers, ISPs and others. The carrier-neutral NAP of the Americas is one of the most significant telecommunications projects in the Western Hemisphere, as it will connect fiber networks in Latin America, Europe and Africa to those in the U.S. and have a profound impact on Internet traffic flow once completed in the second quarter of 2001. It is only the fifth Tier-1 NAP in the Western Hemisphere.

About Terremark Worldwide, Inc.
Terremark Worldwide, Inc. is a global leader in providing Internet infrastructure and managed services, as well as a full range of real estate services. Headquartered in Miami, Florida, it has offices in several other locations throughout the United States, Latin America and Asia.

About NAP of the Americas
The NAP of the Americas, a TerreNAP℠ Data Center, is the fifth Tier-1 Network Access Point (NAP) in the world. TerreNAP℠ Data Centers is a subsidiary of Terremark Worldwide, Inc. NAP of the Americas is the first carrier neutral Tier-1 NAP and it is the first one housed in a facility built specifically for a NAP. Located in Miami, Florida, the NAP of the Americas will be a premier facility providing interconnection between global carriers, ISPs and others as well as connecting fiber networks in Latin America, Europe and Africa to those in the U.S. Terremark Worldwide is the owner and operator of the NAP of the Americas; Telcordia Technologies will engineer it with its latest IP technology.

About FIU
FIU, recognized as one of the nation’s best public research universities, educates some 32,000 students on campuses throughout South Florida and Latin America. Its Telecommunications and Information Technology Institute delivers high-quality telecommunications and information technology education and training, conducts and promotes research to enhance Florida’s role as a leader in telecommunications and information technology, offers training necessary to fostering business development and work force preparedness, and promotes technology transfer to enhance enabling technologies of the telecommunications and information technology industries.

About Internet 2
Led by over 180 U.S. universities working with industry and government, Internet 2 is developing and deploying advanced network applications and technologies for research and higher education, accelerating the creation of tomorrow’s Internet. Internet 2 recreates the partnership of academia, industry and government that helped foster today’s Internet in its infancy.

Contact:
Sandra Gonzalez-Levy
Terremark Worldwide Inc., Miami
sgonzalez-levy@terremark.com

Steven Schwadron or Alex Armas
Edelman Public Relations, Miami
steven.schwadron@edelman.com
alex.armas@edelman.com


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