CoreSite Realty Corporation (NYSE:COR), a provider of secure,
reliable, high-performance data center solutions, today announced
that Pacnet, a provider of integrated network and technology
solutions in the Asia-Pacific region, is delivering 100 Gigabits
per second (Gbps) services to customers at CoreSite’s Los Angeles
data center campus, including One Wilshire, to connect the U.S. to
its Asia-Pacific network.
Pacnet has upgraded its trans-Pacific and Asia subsea cable
network to 100Gbps to address the growing demand for bandwidth
services throughout the U.S. and Asia-Pacific region. Through
Pacnet, CoreSite’s customers have the ability to connect to diverse
carriers and gain high-capacity subsea cable access without
purchasing backhaul to a landing station.
“We are pleased to expand our relationship with Pacnet and
present our customers with higher bandwidth solutions and flexible
connectivity options across the Pacific,” said Tom Ray, CEO at
CoreSite. “As Internet traffic between the U.S. and Asia continues
to increase, CoreSite customers can connect to a direct route to
Asia, leveraging CoreSite’s capabilities as the leading gateway
connecting the U.S. across the Pacific.”
Pacnet is the first carrier to provide 100Gbps services between
the U.S. and Asia in an effort to support customers that require
increasingly higher bandwidth solutions. This expansion is critical
to the digital content companies, carriers, and large enterprises
looking to direct connectivity to the Asia Pacific region.
“The 100Gbps bandwidth upgrade allowed us to roll out the Pacnet
Enabled Network, a software-defined networking platform, at our
interconnected data centers,” said John Garrett, President of
Carrier Services, Pacnet. “CoreSite provides us with an access
point to bring the innovative SDN platform to enterprise and
carrier customers in the U.S., enabling them to self-provision
scalable, private networks on demand and in minutes.”
CoreSite’s LA campus hosts the largest network community on the
West Coast, with more than 375 customers, including domestic and
international carriers, media and entertainment firms, cloud
computing providers, social networking sites, gaming companies and
enterprise customers.
For more information on CoreSite’s Los Angeles data centers,
visit coresite.com/locations/los-angeles. For more information on
Pacnet, visit www.pacnet.com.
About CoreSite
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.
About Pacnet
Pacnet is Asia-Pacific’s leading provider of managed data
connectivity solutions to major telecommunications carriers, large
multinational enterprises and government entities in the
Asia-Pacific region. Ownership of the region’s most extensive
high-capacity submarine cable systems with over 46,000 km of fiber
and connectivity to interconnected data centers across 14 cities in
the Asia-Pacific region gives Pacnet unparalleled reach to major
business centers in key markets including China, India, Japan and
the United States. Combined with a comprehensive set of managed
network and value-added data center services, its assets and
experience in the region have helped Pacnet service large
businesses worldwide including Fortune 500 companies. Pacnet is
headquartered in Hong Kong and Singapore, with offices in all key
markets in the Asia-Pacific region and North America.
For more information, please visit: www.pacnet.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.
Linhart PR for CoreSiteAshley Frost,
303-951-2578afrost@linhartpr.com
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