Internap Completes Corporate Headquarters Move to Perimeter Region of Metro-Atlanta
ATLANTA – March 26, 2011 – Internap Network Services Corporation (NASDAQ: INAP), a provider of intelligent IT Infrastructure services, announced that is has completed the relocation of its corporate headquarters from downtown Atlanta to One Ravinia Drive in the Perimeter region of metro-Atlanta.
“Internap is a welcome addition to the Perimeter business community due to its leadership and technology contributions, both locally and in the industry overall,” said Mike Davis, Mayor of Dunwoody, Georgia. “Evidenced by its local expansion and status as an emerging growth company, Internap’s increased presence in Dunwoody can certainly help fuel the area’s economic growth and reputation as a desirable place to work.”
With 62,000 square-feet of office space at the new headquarters, the move – announced in September 2011 – will accommodate Internap’s business and employee growth, built on the rapidly increasing industry demand for IT Infrastructure services, such as cloud, managed hosting and colocation. The office relocation frees up 31,000 additional net-sellable square feet of premium data center capacity at 250 Williams Street, Internap’s former headquarters and existing Atlanta data center location. The first phase of the Atlanta data center expansion is expected to be complete by the third quarter of 2012.
“Internap’s relocation is a milestone in the execution of the strategic growth of our IT Infrastructure services business,” said Eric Cooney, chief executive officer of Internap. “Building on the company’s recent momentum, this move further strengthens our position as a local and industry market leader by enabling the company to expand our Atlanta data center footprint and continue to attract employees from Atlanta’s rich, technology-savvy, talent pool.”
Internap provides intelligent IT Infrastructure services that combine unmatched performance and platform flexibility to enable our customers to focus on their core business, improve service levels and lower the cost of IT operations. Our unique trio of route-optimized enterprise IP, TCP acceleration and a global content delivery network improves website performance and delivers superior end-user experiences. Our scalable colocation, managed hosting, private cloud, public cloud and hybrid offerings provide enterprises the flexibility to adapt to changing business needs and future-proof their IT Infrastructure. Since 1996, thousands of companies have entrusted Internap with the protection and delivery of their online applications. Transform your IT Infrastructure into a competitive advantage with IT IQ from Internap. For more information, visit https://www.inap.com, our blog at https://www.inap.com/blog or follow us on Twitter at https://twitter.com/internap.
This press release contains forward-looking statements. These forward-looking statements include statements related to the benefits expected to be achieved by the relocation of our corporate headquarters. Because such statements are not guarantees of future performance and involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include the actual impact of the relocation of our corporate headquarters; the actual performance of our products and services; our ability to respond successfully to technological change; the availability of services from Internet network service providers or network service providers providing network access loops and local loops on favorable terms, or at all; failure of third party suppliers to deliver their products and services on favorable terms, or at all; failures in our network operations centers, data centers, network access points or computer systems; our ability to provide or improve Internet infrastructure services to our customers; and our ability to protect our intellectual property, as well as other factors discussed in our filings with the Securities and Exchange Commission. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. We undertake no obligation to update, amend or clarify any forward-looking statement for any reason.
Internap Media ContactJoanna Horn
Investor ContactAndrew McBath