Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of managed IT infrastructure services, today announced that Verizon Business has inked a deal to purchase Internet colocation services at its Network Access Points (NAPs) of the Capital Region and the Americas to meet increasing demand from Verizon's federal clients to deliver FISMA-compliant data center services.

As part of the agreement, Verizon will utilize 25,000 square feet of colocation space at Terremark's world-class NAPs in Miami and Culpeper, VA, that are designed to meet or exceed federal government standards for data communications and hosting facilities requiring stringent guidelines for power and cooling redundancy.

"When looking at the federal space, Terremark has clearly distinguished itself as a leader in providing world-class colocation services with some of the highest levels of physical and logical security," said Joe Crawford, executive director of IT Services for Verizon. "The fact that Terremark has established a leadership position in delivering innovative IT infrastructure solutions for the U.S. government makes Terremark a great match for meeting the needs of our federal clients."

"Our agreement with Verizon signifies a defining moment for Terremark," said Manuel D. Medina, Terremark's chairman and CEO. "Verizon's use of our facilities demonstrates the quality of the high performance environment we offer our carrier partners such as Verizon."