DENVER--(BUSINESS WIRE)--Feb. 24, 2014-- CoreSite Realty Corporation (NYSE:COR), a provider of secure, reliable, high-performance data center solutions, today announced that for the third consecutive year it has achieved an average uptime exceeding 99.9999 percent, or “six-nines,” across its platform of data center facilities.
Six-nines availability reduces unscheduled downtime to less than 32 seconds per year, against CoreSite’s 100%-uptime service level agreement. Compared to the industry benchmark of five-nines availability, which correlates to downtime exceeding 5 minutes annually, six-nines availability provides businesses with nearly 10 times the statistical reliability in the data center environment supporting optimal performance of mission-critical data and IT infrastructure.
“We are pleased to again be an industry leader in data center reliability, reflecting the professionalism, training and care of our facilities teams as well as the high quality of our enterprise-class data centers,” said Tom Ray, CEO at CoreSite. “As part of our commitment to provide best-in-class service to our customers, we take pride in providing exceptionally high levels of reliability across all of our product and service offerings. Achieving six-nines availability for the third consecutive year, including 100-percent availability through Hurricane Sandy in 2012, is a testament to the quality and dependability of those services and our people. Importantly, the reliability of our data centers underscores the high standards and rigorous training we commit to in providing secure and high-performance solutions to enterprises, networks and clouds as they work together in CoreSite facilities to power and support the information, communication, and technology needs of the world’s most demanding customers.”
As part of our commitment to deliver excellence in all areas of customer experience, CoreSite’s on-site facility and security employees receive extensive and recurring training and must pass the company’s internal certification exams to reach specified levels of accountability. Providing an additional, third-party review, CoreSite’s data centers reflect SSAE 16 Type 2 SOC 1 certification. CoreSite remains committed to providing customers with highly reliable, secure and compliant data center solutions, including support enabling customers to comply with regulatory compliance requirements including HIPAA, PCI, FISMA, and others as needed.
CoreSite Realty Corporation (NYSE:COR) delivers secure and reliable data center solutions across eight key North American markets. CoreSite connects, protects and delivers an optimal performance environment and continued operation of mission-critical data and IT infrastructure for enterprises and Internet, private networking, mobility, and cloud service providers. CoreSite's scalable platform of over two and a half million square feet of efficient, network-dense, cloud-enabled data center capacity enables customers to accelerate business performance, reduce operating costs and increase flexibility across their IT and communications systems. CoreSite's 350 professionals deliver best-in-class service by placing customer needs first in supporting the planning, implementation and operating requirements foundational to delivering reliable, secure and efficient IT operating environments.
More than 750 of the world’s leading enterprises, carriers and mobile operators, content and cloud providers and media and entertainment companies choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. CoreSite provides valuable gateways to global business opportunities with direct access to more than 275 carriers and ISPs, inter-site connectivity and CoreSite's Open Cloud Exchange, which supports rapid, efficient and scalable Ethernet access to multiple key public clouds, enabling simple, flexible, multiple-cloud capabilities.
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; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite's failure to obtain necessary outside financing; CoreSite's failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; and other factors affecting the real estate industry 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.