Newsroom Press Release
April 6, 2010
Peerless Network Expands its Market Reach into Seattle, Cleveland and Indianapolis with Switch and Data
TAMPA, Fla. -- April 6, 2010 -- Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, today announced that Peerless Network, Inc., a service provider that simplifies interconnection of voice, data and signaling across disparate networks, has expanded its market reach into the Seattle, Cleveland, and Indianapolis markets with Switch and Data. This move supports Peerless Network's strategy to expand its addressable market and grow revenue by extending the reach of its network footprint. Peerless Network has already leveraged Switch and Data to house its network in the New York, Atlanta, St. Louis and Philadelphia markets. Peerless continues to expand with Switch and Data, based on its proven track record of efficiency, reliability, and flexibility in meeting its needs.
Peerless Network focuses on making connections easy. The company offers a broad range of services to carriers and non-carriers alike, with reliable and cost-effective solutions to seamlessly interconnect or peer across multiple and diverse networks, regardless of protocols or traffic types. With this expansion, Peerless Network can expand its coverage for existing customers and offer its services to new customers in the regional interconnect hub markets of Seattle, Cleveland and Indianapolis. Switch and Data supports the strategic initiatives of network service providers (NSPs) such as Peerless Network. Whether the need is for a single data center partner to help an NSP expand its market reach across North America, or to provide on-site support and free up technical resources to focus on innovation and new services, or to enable services providers to meet their customers' security and compliance requirements, Switch and Data understands how to help Network Service providers grow revenue in today's market.
"Peerless is pleased to expand its relationship with Switch and Data and has selected it to provide colocation services for our growth in the Seattle, Cleveland and Indianapolis markets," said Tony Hiller, VP of Network Engineering, Peerless Network, Inc. "Switch and Data's extensive U.S. footprint and proven performance at delivering reliable, resilient solutions for us in New York, Atlanta, and St. Louis and Philadelphia have demonstrated its reliability allowing Peerless to grow rapidly and continue to launch services in multiple markets quickly and effectively."
Peerless Network also uses Switch and Data's TechSmart® remote technical support service to simplify network expansion and enhance Peerless Network's ability to offer highly reliable, premium quality services in new markets. Available at every Switch and Data colocation site, TechSmart offers prescheduled and Rapid-Response® Service technical support services to make it easy for companies to scale their geographic footprint, while minimizing time and travel demands on their own network support teams.
"This expanded relationship demonstrates Peerless' commitment to its customers to roll out its valuable interconnection service across North America's key communications markets," said Ernie Sampera, Senior Vice President and CMO for Switch and Data. "We are pleased that our offering of the broadest footprint of network neutral data centers on the continent, and recognition for providing the industry's best onsite and technical support, give Peerless Network the confidence to continue to trust us to support their growth strategy."
The Switch and Data's Seattle site is located at 2001 Sixth Avenue, the Cleveland site at 1255 Euclid Avenue and the Indianapolis site at 701 West Henry. All provide enhanced resiliency for Peerless Network's infrastructure with redundant cooling, UPS and generator systems, 24x7 site security, environmental and infrastructure monitoring and technical support. These sites offer room for growth and have been designed to provide high-density power and cooling for the latest generation of servers. Last year, Switch and Data's 34 sites in 23 markets provided five 9s of uptime across its footprint.
About Peerless Network, Inc.
Peerless Network, Inc. is a rapidly growing privately held company, focused on simplifying interconnection for telecommunications service providers via a wide range of innovative products and services. Based in Chicago, the company currently delivers services in New York, Los Angeles, Chicago, Miami, Atlanta, San Jose, San Diego, St Louis, Minneapolis, Connecticut, Philadelphia and New Jersey. Peerless is launching new services in Cleveland, Indianapolis and Seattle, and is certified to provide services in over twenty-nine states.
About Switch and Data
Switch and Data is a premier provider of network-neutral data centers that house, power and interconnect the Internet. Leading content companies, enterprises and communications service providers rely on Switch and Data to connect to customers and exchange Internet traffic. Switch and Data has built a reputation for world-class service, delivered across the broadest colocation footprint and richest network of interconnections in North America. Switch and Data operates 34 sites in the U.S. and Canada, provides one of the highest customer satisfaction scores for technical and engineering support in the industry, and is home to PAIX® - the world's first commercial Internet exchange. For more information on Switch and Data, please visit www.switchanddata.com.
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Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
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