IntercontinentalExchange
(NYSE: ICE), the leading electronic energy marketplace and soft commodity
exchange, announced the relocation of its technology operations and support
systems to Chicago, beginning in June 2007. The relocation includes a
staged transition from London- and Atlanta-based locations to Chicago for
ICE's back-up trading facility and its primary data center that supports
the electronic markets for ICE Futures, the New York Board of Trade (NYBOT)
and ICE's global over-the-counter markets.
The ICE disaster recovery site will relocate to Chicago as of June 1.
The disaster recovery system mirrors the ICE primary exchange system to
enable a seamless transition of trading operations to a redundant platform
in the event of an unanticipated incident.
As part of ICE's ongoing performance enhancement strategy, beginning in
late January 2008, ICE's primary data center will permanently migrate the
hosting of its trading operations to Chicago from its current site in
Atlanta. The current primary data center in Atlanta will then be utilized
as the permanent disaster recovery site. Customers who are co-located or
have a direct connection to the Atlanta data center will receive support
from ICE's technology team to facilitate the transition of connections to
the primary data center in Chicago.
"As our business expands both globally and domestically, the location
of our key technology infrastructure in Chicago ensures we are positioned
at the center of the commodities trading community and near many of our
largest customers," said Mark Wassersug, ICE Vice President of Operations.
"As we near completion of this state-of-the-art hosting facility, we're
offering our customers continued technology enhancements, along with a
broad range of connectivity options that will optimize bandwidth usage and
reduce connectivity costs."
ICE currently provides its customers with several connectivity options.
In addition to the ability to access ICE's markets via the Internet, ICE
offers a managed co-location program, as well as point-to-point
connectivity with points of presence, or POPs, in five cities, including
Chicago, New York, London, Singapore and Atlanta. These POPs facilitate
connections to both the primary and back-up data centers over the ICE
global network.
Additionally, to ensure ICE is providing optimal bandwidth solutions,
faster turn-around from circuit order to installation, and the ability to
more easily and cost-effectively upgrade bandwidth, ICE will decommission
its existing WAN solution (ICE Direct) effective December 31, 2007 to take
advantage of newer technologies. ICE customers wishing to utilize a fully
managed network solution today have a range of choices of managed network
providers including Radianz and Yipes.
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) operates the leading global,
electronic marketplace for trading both futures and OTC energy contracts
and the leading soft commodity exchange. ICE's markets offer access to a
range of contracts based on crude oil and refined products, natural gas,
power and emissions, as well as agricultural commodities including cocoa,
coffee, cotton, ethanol, orange juice, wood pulp and sugar, in addition to
currency and index futures and options. ICE(R) conducts its energy futures
markets through its U.K. regulated London-based subsidiary, ICE Futures,
Europe's leading energy exchange. ICE Futures offers liquid markets in the
world's leading oil benchmarks, Brent Crude futures and West Texas
Intermediate (WTI) Crude futures, trading nearly half of the world's global
crude futures by volume of commodity traded. ICE conducts its agricultural
commodity futures and options markets through its U.S. regulated
subsidiary, the New York Board of Trade(R). For more than a century, the
NYBOT(R) has provided global markets for food, fiber and financial
products. ICE was added to the Russell 1000(R) Index on June 30, 2006.
Headquartered in Atlanta, ICE also has offices in Calgary, Chicago,
Houston, London, New York and Singapore. For more information, please visit
www.theice.com and www.nybot.com.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995 - Statements in this press release regarding
IntercontinentalExchange's business that are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For a
discussion of such risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking statements,
see the Company's Securities and Exchange Commission filings, including,
but not limited to, the risk factors in the Company's Annual Report on Form
10-K for the year ended December 31, 2006, as filed with the Securities and
Exchange Commission on February 26, 2007.
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