Internap Named a TAG Top 40 Innovative Technology Company for Second Consecutive Year
“Top 40” recognizes companies for contributions to Georgia technology community
ATLANTA (March 17, 2011) – The Technology Association of Georgia (TAG), the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, today announced Internap as one of its Top 40 Innovative Technology Companies in Georgia for the second year in a row. TAG will recognize this prestigious group at the 2011 Georgia Technology Summit (GTS) on March 23, 2011, at the Cobb Galleria.
TAG’S Top 40 Awards recognize Georgia-based companies for their innovation, financial impact, and their efforts at spreading awareness of Georgia’s technology initiatives throughout the U.S. and globally.
“Each of the 40 companies we are recognizing have made a significant impact on how we live and do business through their technology innovation,” said Tino Mantella, president & CEO of TAG. “We applaud each of these companies for their success and contribution to making Georgia a leading state for technology education, research and business. At TAG we are committed to supporting companies like these and we fully expect that, with their ongoing leadership and innovation, Georgia’s technology community continue to grow and be top in class in the U.S. and beyond.”
“Each year it becomes harder to choose our Top 40 companies because of the rapidly increasing number of high-quality technology businesses in our state,” said Dennis Zakas, a partner and founder of Zakas & Leonard, LLP and chairperson of the Top 40 Selection Committee. “This year’s Top 40 companies are sterling examples of the technology innovation in Georgia’s DNA. We are proud to recognize this year’s winners and wish them continued success.”
Internap, a leading provider of IT infrastructure services, has a history of innovation, beginning with its patented Managed Internet Route Optimizer™ (MIRO) technology, which ensures that Internet traffic is routed over the best path 100% of the time. In 2010, Internap continued to expand its portfolio of connectivity services through the launch of Accelerated IP (XIP™), the first web traffic accelerator to be delivered as a service, with the ability to improve application delivery speed by up to 4x. Internap also entered the fast-growing cloud market earlier this year with XIPCloud™ Storage, a new public cloud service providing high-performance, redundant online storage for file backup and archiving that leverages the company’s MIRO technology – enabling faster file download and data retrieval.
Internap has been investing to build out a network of geographically distributed, premium data centers, which serve as the foundation for its colocation, managed hosting and cloud services. As such, the company has also introduced innovations in data center design and infrastructure, including high-density power solutions and green initiatives for cost efficiency and scalability.
“Internap takes great pride in developing and delivering innovative IT infrastructure services for enterprises,” said Paul Carmody, senior vice president, product management and business development, of Internap. “We are honored to be recognized for our contributions toward strengthening Georgia’s technology leadership, and we are committed to supporting the state’s digital economy by providing services that improve the online experience for leading local businesses and their end-users around the globe.”
The Georgia Technology Summit is TAG’s flagship event that brings together C-level executives, entrepreneurs, technology professionals and academia to celebrate and recognize Georgia’s technology community. This year’s theme, Innovation Next Generation, will address how organizations are leveraging social networking to reach buyers and how they are incorporating social media tools in the workplace.
For more information about TAG and the Georgia Technology Summit and to register for the event, visit https://www.tagonline.org/georgia-technology-summit.php.
About The Technology Association of Georgia (TAG)
TAG is a leading technology industry association dedicated to the promotion and economic advancement of the state’s technology industry. TAG provides leadership in driving initiatives in the areas of policy, capital, education and giving, and also brings the technology community together through events, initiative programs and networking opportunities. TAG serves as an umbrella organization for 27 special interest groups, or societies, including Women in Technology (WIT). Additionally, TAG’s charitable arm, the TAG Education Collaborative, is focused on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at www.tagonline.org or TAG’s community website at www.TAGthink.com.
Internap provides high-performance IT infrastructure services that enable our customers to focus on their core business, improve service levels and lower the cost of IT operations. Our colocation, connectivity and managed hosting solutions are differentiated by unparalleled levels of performance, availability and support. Since 1996, thousands of enterprises have entrusted Internap to deliver their business-critical IT infrastructure needs. 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 certain forward-looking statements. These forward-looking statements include statements related to our ability to create long-term stockholder value and profitable growth and our expectations regarding the expansion of our IT infrastructure services portfolio. 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 our ability to achieve or sustain profitability; its ability to increase revenues and sustain or grow its customer base; its ability to expand margins and drive higher returns on investment; its ability to maintain current customers and obtain new ones, whether in a cost-effective manner or at all; its ability to correctly forecast capital needs, demand planning and space utilization; its 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 its network operations centers, data centers, network access points or computer systems; its ability to provide or improve Internet infrastructure services to its customers; and its ability to protect its intellectual property, as well as other factors discussed in Internap’s 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. Internap undertakes no obligation to update, amend or clarify any forward-looking statement for any reason.
The information above is a summary. Click Here to view the entire release which includes our unaudited GAAP financial statements and supplemental non-GAAP financial measures.
Press ContactMariah Torpey
Investor Contact:Andrew McBath