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): March 10, 2009

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 March 10, 2009, Manuel D. Medina, Chairman of the Board, President and Chief Executive Officer of Terremark Worldwide, Inc. (the “Company”) sent an e-mail (the “E-Mail”) to the Company’s employees. A copy of the E-Mail is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference in this Item 7.01.

     Statements contained in the E-Mail 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 March 10, 2009, and the Company will make no efforts to update these expectations based on subsequent events or knowledge, except as required by applicable law. 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 of 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	E-Mail to employees, dated March 10, 2009.

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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: March 10, 2009	By:	/s/ Jose A. Segrera
		Jose A. Segrera
		Chief Financial Officer

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EXHIBIT INDEX

Exhibit
Number		Description
	99.1	E-Mail to employees, dated March 10, 2009.

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EX-99.1

Exhibit 99.1

Dear Terremark Team,

I’m sure that all of you share my frustration with the recent decline in our stock price. I believe that there’s a disconnect between our stock price and the performance of our company. I believe that this can be attributed primarily to the apathy in the market place and the incredible skepticism of investors in the current environment. This investor apathy has been fueled by the recent collapse in value of names like Citicorp, GE, Fortis, Barclays Bank etc., the recent financial scandals, and as a result of the dismal global economic forecasts. It’s my opinion that all of these macro-economic issues overshadow what has been, and continues to be, the strong growth of our company over the past several years. If you look across all geographic regions and all product sectors, our performance has never been better. Our teams in the US, Europe and Latin America are performing well, our product set is being embraced by a wide array of private and public sector customers, and financially we have sufficient liquidity to continue our expansion and meet all our debt obligations.

If you take all these factors into consideration and with our projected growth, I am convinced that it’s only a matter of time before the market recognizes the value proposition of our differentiated business model and that this will be reflected positively in our stock price. One of the negatives of being a public company is that you are being valued every minute of the day and today we are seeing that there are many companies with strong fundamentals that are being penalized for the overall conditions of the marketplace. In other words, they’re throwing out the baby with the bath water. This is exactly how I feel about our company, and although I know it’s difficult, I ask you not to pay attention to the daily fluctuations of our stock price. Instead, concentrate on how fortunate we are to have an incredibly dedicated team, superb geographic locations, state of the art facilities, and an unparalleled product set.

Thank you for your dedication and please don’t hesitate to reach out to your supervisor or to me directly if you have any questions.

Manny