Internap Expands Data Center Footprint with New High-Performance Facility in New York Metro Area
Company’s third data center in the market adds 45% more capacity to address growing demand from Internet-based, Fortune 500 and Financial Services customers
ATLANTA – October 25, 2012 – Internap Network Services Corporation (NASDAQ: INAP), a provider of intelligent IT Infrastructure services, today announced that it will open a new data center in the New York metro area to address market demand for more premium data center capacity. The new facility will be Internap’s twelfth company-controlled facility across eight North American markets and is further evidence of the company executing its strategy to build a geographically-diversified platform of premium data centers. The new data center will feature Internap’s flexible portfolio of colocation and managed, dedicated and cloud hosting services as well as its route-optimized Performance IP™ and content delivery network services that combine to serve customers’ high-performance IT Infrastructure needs.
Located in Secaucus, N.J., Internap’s new data center is within easy access of the bridges and tunnels into Manhattan, the NJ Turnpike, the Secaucus Junction train station and the New York metro area’s three international airports. The 100,000 square-foot facility will leverage modular designs and the latest power and cooling technologies to deliver power densities of up to 12 kW per cabinet to economically support long-term customer growth. The facility will use Internap’s award-winning green data center building practices, including a high-efficiency UPS system, a cooling system that maximizes outside air for free cooling, reclaimed building materials and sustainable operational best practices. It will also feature a full range of customer amenities, including fully equipped office areas, technical workspaces, dedicated customer work environments and a full-service customer lounge.
According to Tier1 Research, multi-tenant data center utilization in the New York metro market is expected to reach 93% by 2013. With Internap’s two existing New York data centers nearing capacity over the next twelve months, the new Secaucus facility will bring needed capacity to the company’s existing customers in the market. It also will be a platform for offering Internap’s full portfolio of IT Infrastructure services to new customers in the metro New York area and beyond that rely on colocation, hosting, cloud and fast, reliable, low-latency delivery of business-critical applications and content, including mobile app developers, digital agencies and other Internet-based enterprises; pharmaceutical, insurance and other major Fortune 500 companies; and the financial services and high-frequency trading markets.
The new Secaucus data center will add 55,000 net sellable square feet to the market once fully deployed, which represents a significant expansion of Internap’s company-controlled data center footprint, which includes 320,000 net sellable square feet of fully-deployed capacity as of end of third quarter 2012.
“We did extensive due diligence when researching the site of our new data center and believe the Secaucus location provides an ideal mix of space, power, connectivity options and access to a range of customers and industries,” said Mike Higgins, senior vice president of data center services at Internap. “With our two existing New York metro area data centers nearing capacity in the second half of 2013, the new Secaucus facility underscores our commitment to the New York market and our customers’ increasing demand for our cloud, hosting, colocation and route-optimized IP services.”
The first phase of the Secaucus data center is expected to open in the fourth quarter of 2013.
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Transform your IT Infrastructure into a competitive advantage with IT IQ from Internap, intelligent IT Infrastructure solutions that combine unmatched performance and platform flexibility. Since 1996, thousands of enterprises have entrusted Internap to deliver their online applications across our portfolio of connectivity, colocation, managed hosting, cloud and hybrid services. For more information, visit 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 our strategy to drive long-term profitable growth, our expectations regarding the expansion of our hosting capabilities and our efforts to integrate Voxel into our business. Because such statements are not guarantees of future performance and involve risks and uncertainties, there are important factors that could cause Internap’s actual results to differ materially from those in the forward-looking statements. These factors include our ability to achieve or sustain profitability; our ability to expand margins and drive higher returns on investment; our ability to successfully integrate Voxel into our business; our ability to complete expansion of company-controlled data centers within the expected timeframe; our ability to sell into new data center space; the actual performance of our IT infrastructure services; our ability to maintain current customers and obtain new ones, whether in a cost-effective manner or at all; our ability to correctly forecast capital needs, demand planning and space utilization; our ability to respond successfully to technological change and the resulting competition; 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.
Press ContactMariah Torpey
Davies Murphy Group
Investor ContactMichael Nelson