8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): May 28, 2008

TERREMARK WORLDWIDE, INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware	1-12475	84-0873124
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

One Biscayne Tower

2 South Biscayne Boulevard, Suite 2900

Miami, Florida 33131

(Address of Principal Executive Office)

Registrant’s telephone number, including area code (305) 856-3200

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01 Regulation FD Disclosure.

     On May 28, 2008, Manuel D. Medina, Chairman and CEO of Terremark Worldwide, Inc. (the “Company”), presented the slides and additional financial information (the “Presentation”), attached as Exhibit 99.1 to this Current Report on Form 8-K, at the Cowen and Company 20/20 TMT Conference in New York City. Mr. Medina will again present the Presentation on May 29, 2008 at the Lehman Brothers Worldwide Wireless and Wireline Conference in New York City. Exhibit 99.1 to this Current Report on Form 8-K is incorporated by reference in this Item 7.01.

     Statements contained in the attached Presentation are made pursuant to the Safe Harbor for forward-looking statements described in the Private Securities Litigation Reform Act of 1995. In these communications, the Company may make certain statements that are forward-looking, such as statements regarding the Company’s future results and plans, and anticipated trends in the industry and economies in which the Company operates. These forward-looking statements are the Company’s expectations on the day of the Presentation, and the Company will make no efforts to update these expectations based on subsequent events or knowledge. These forward-looking statements are based on the Company’s current expectations and are subject to a number of risks, uncertainties, and assumptions, including that the Company’s revenue may differ from that projected; that the Company may be further impacted by slowdowns, postponements or cancellations in the Company’s clients’ businesses, or deterioration in the financial condition of the Company’s clients; that the Company’s targeted service markets may not expand as the Company expects; that the Company may experience delays in the awarding of customer contracts; that the Company’s reserves and allowances may be inadequate, or the carrying value of the Company’s assets may be impaired; that the Company may experience increased costs associated with realigning the Company’s business, or may be unsuccessful in those efforts and any of the other risks contained in the Company’s Annual Report on Form 10-K. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from the results expressed or implied in any forward-looking statements made by the Company in these communications. These and other risks, uncertainties, and assumptions are detailed in documents filed by the Company with the Securities and Exchange Commission. The Company does not undertake any obligation to revise these forward-looking statements to reflect future events or circumstances.

     The information contained in Item 7.01 to this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing by the Company under the Securities Act of 1933, as amended.

ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number		Description
	99.1	Presentation given at Cowen and Company 20/20 TMT Conference on May 28, 2008

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TERREMARK WORLDWIDE, INC.
Date: May 28, 2008	By:	/s/ Jose A. Segrera
		Jose A. Segrera
		Chief Financial Officer

EXHIBIT INDEX

Exhibit
Number		Description
	99.1	Presentation given at Cowen and Company 20/20 TMT Conference on May 28, 2008

EX-99.1

Exhibit 99.1

Investor Presentation

2 Safe Harbor Clause The following statement is made pursuant to the Safe Harbor for forward-looking statements described in the Private Securities Litigation Reform Act of 1995. In these communications, we may make certain statements that are forward-looking, such as statements regarding Terremark's future results and plans, and anticipated trends in the industry and economies in which Terremark operates. These forward-looking statements are the Company's expectations on the day of the initial broadcast of the 3rd quarter conference call, and the Company will make no efforts to update these expectations based on subsequent events or knowledge. These forward-looking statements are based on Terremark's current expectations and are subject to a number of risks, uncertainties, and assumptions, including that our revenue may differ from that projected; that we may be further impacted by slowdowns, postponements, or cancellations in our clients' businesses, or deterioration in our clients financial condition; that our targeted service markets may not expand as we expect; that we may experience delays in the awarding of customer contracts; that our reserves and allowances may be inadequate, or the carrying value of our assets may be impaired; that we may experience increased costs associated with realigning our business, or may be unsuccessful in those efforts and any of the other risks in our Annual Report on Form 10K. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from the results expressed or implied in any forward-looking statements made by the Company in these communications. These and other risks, uncertainties, and assumptions are detailed in documents filed by the Company with the Securities and Exchange Commission. Terremark does not undertake any obligation to revise these forward-looking statements to reflect future events or circumstances.

3 Key Investment Highlights Uniquely positioned in a $8 billion industry expected to nearly double by 2011* Superior business model and differentiated technology creates significant value proposition Highly predictable revenue model with significant flow-through margins Fully funded business plan and sector leading organic growth Focused on execution Source: Gartner Dataquest Insight: Web Hosting, North America, 2005-2011 (November 2007)

4 About Terremark Worldwide Leading operator of carrier-neutral data centers and Internet exchanges Access to >160 global network carriers Built, own and operate advanced top-tier datacenters Leading provider of managed services Complex managed hosting specialists Infinistructure utility computing platform Serving customers worldwide United States Europe Latin America

5 Customers- Focused on Quality Revenue

6 Strong Industry Growth Trends Source: Gartner Dataquest Insight: Web Hosting, North America, 2005-2011 (November 2007) $US in millions

7 World-Class Infrastructure and Technology Platform Top-tier datacenter infrastructure Massive carrier-neutral connectivity Suite of premium managed services Strong , differentiated offering

8 Competitive Landscape Additional Differentiators: SCIF Certified Fiber and Satellite Connectivity Secure Network Operations Center (NOC)

9 Success Stories Manage online tax processing system and other properties Fully clustered architecture with mission- critical availability requirements Flexible scalability requirements to meet seasonal demand Client leverages Terremark's application scalability testing services Six successful tax seasons under Terremark management Awarded business due to network density and power capabilities Network availability is critical to their business, especially during peak sporting events / seasons Terremark provided a flexible bandwidth solution Bursts up to 12Gbps during peak usage Deployed at over 200 watts per square foot Over 1,000 servers today Anchor customer for NAP of the Capital Region Selected Terremark for proven track record of servicing the Federal market Terremark to support select critical infrastructure of CSC's customer requirements in the Federal marketplace Selected NCR the for its carrier-neutral status, massive connectivity, superior design and ideal location

10 Key Growth Drivers Strategic expansion to complement core operations Increase managed services penetration

Expansion will Drive Faster Growth with High Returns NAP of the Capital Region Silicon Valley Facility Systems integrators, government and large enterprise customers realizing benefits of "cosourcing" First pod operational June 2008 Strong sales funnel includes systems integrators, government and large enterprise customers Current executed customer contracts in excess of 20% of Pod 1 space Current demand for better power & cooling underscore need for high quality space Target existing customers including social networking sites, content providers and hosting companies Purchased adjoining property in Santa Clara

12 Focused on Gross Profit per Square Foot Recurring Annual Yield per Sq. Ft. >

13 Quarterly recurring revenue up 97% over last twelve months Quarterly recurring EBITDA up 135% over last twelve months Disciplined capital investment program and expansion underpinned by customer demand Over 90% recurring revenue and average 3-year contracts Over past 8 quarters, approx. 70% of new bookings are from existing customers Approx. 1% churn per quarter Q3 Recurring EBITDA flow-through exceeded 50% Financial Overview Strong organic growth Strong visibility Strong profitability growth Disciplined expansion

14 Financial Growth (1) Guidance Midpoint (2) Pro-forma for Data Return acquisition $ in millions Note: EBITDA, as adjusted, is defined as income / loss from operations add depreciation, amortization and share-based payments, including share- settled liabilities. (1) (1) Recurring EBITDA Flow-through(2) 53% 60% 43%

15 Economics of the Business Strong Profitability Strong Return on Capital

16 Total Bookings Trend $ in millions

17 Terremark Quarterly Revenue and EBITDA $ in millions Note: EBITDA, as adjusted, is defined as income / loss from operations add depreciation, amortization and share-based payments, including share- settled liabilities. * Represents mid-point of guidance range $24.2 $24.7 $30.7 $35.2 $45.4 $50.0 $57.0*

18 Strong Underlying Metrics Q3 FY2007 Q3 FY2008 %Change Total Customers 600 948 58% Cross-connects 5,271 6,578 25% Recurring rev/sq. ft $1,522 $2,213 45% Total space utilization 16.2% 22.0% 36% Built-out space utilization 51.6% 70.0% 36%

19 Fully Diluted Analysis* ($ in millions) * (As of December 31, 2007)

20 Capitalization Shown at face value Includes capital leases

21 Key Investment Highlights Uniquely Positioned Across High Growth Market Segments Differentiated Business Model with Significant Value Proposition Blue-Chip Customer Base Leadership Position in Public Sector Significant Growth Vectors Highly Predictable Revenue Model with Significant Flow-Through Margins Sector Leading Organic Growth Experienced Management Team with Proven Track Record