CoreSite customers gain expanded interconnectivity throughout Mid-Atlantic region
DENVER, May 2, 2013 /PRNewswire/ -- CoreSite Realty Corporation (NYSE: COR), premier provider of network-dense, cloud-enabled data centers and the CoreSite Mesh, today announced that 24/7 Mid-Atlantic Network has agreed to extend its dark fiber backbone into CoreSite's DC1 facility in downtown Washington, D.C. The agreement will provide CoreSite customers with new interconnectivity opportunities to carriers, service providers, and enterprises throughout the Mid-Atlantic region.
24/7 Mid-Atlantic provides custom, high-capacity transport and network solutions—including metro dark fiber, wireless backhaul, last mile transport, private fiber networks and carrier-neutral colocation—to customers across the Baltimore; Washington, D.C. metro; Northern Virginia; and Delmarva Peninsula areas. This new relationship expands 24/7's interconnectivity capabilities to CoreSite's broad customer base and provides 24/7 customers with access to the CoreSite Mesh, the company's highly interconnected fabric of dynamic capacity, connectivity, and community.
"We have been working closely with CoreSite to ensure that our presence at DC1 provides our customers with the most diverse and optimal interconnectivity options possible," said Christopher Morris, president and chief operations officer, 24/7 Mid-Atlantic Network. "Our strategic relationship with CoreSite will enable our customers to significantly expand their reach throughout our network footprint and gain access to CoreSite's Mesh community."
"Customers join our community because of the diverse range of interconnection opportunities we provide," said Jarrett Appleby, chief operating officer, CoreSite. "It is a critical part of what we offer through the CoreSite Mesh. Today's agreement with 24/7 expands the interconnection choices that we deliver to our customers and enables them to extend their reach and expand business opportunities throughout the U.S. Mid-Atlantic region."
24/7 Mid-Atlantic Network
24/7 Mid-Atlantic Network is a high-capacity transport and fiber network provider serving the Baltimore; Washington, D.C. metro; Northern Virginia; and Delmarva Peninsula areas. The company designs, constructs, and manages custom fiber networks for carriers, service providers, enterprise, and government organizations throughout the region. 24/7 offers a wide variety of network configurations including ringed, point-to-point, point-to-multipoint, and mesh topologies. 24/7 Mid-Atlantic Network additionally provides major data and telecommunication carriers with high quality network solutions through its carrier-neutral colocation facility. For more information, visit www.247MidAtlantic.com or follow us on Twitter @247MidAtlantic.
CoreSite Realty Corporation (NYSE: COR) is the data center provider chosen by more than 750 of the world's leading carriers and mobile operators, content and cloud providers, media and entertainment companies, and global enterprises to run their performance-sensitive applications and to connect and do business. CoreSite propels customer growth and long-term competitive advantage through the CoreSite Mesh by connecting the Internet, private networking, mobility, and cloud communities within and across its 14 high-performance data center campuses in nine markets in North America. With direct access to 275+ carriers and ISPs, over 180 leading cloud and IT service providers, intersite connectivity, and the nation's first Open Cloud Exchange that provides access to thousands of lit buildings and multiple key cloud on-ramps, CoreSite provides easy, efficient and valuable gateways to global business opportunities. For more information, visit www.CoreSite.com.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite's control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; significant industry competition; CoreSite's failure to obtain necessary outside financing; and other factors affecting the real estate and telecommunications industries generally. All forward-looking statements reflect CoreSite's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause CoreSite's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission.