NY1 and NY2 Facilities to Provide
Infrastructure Imperative for Company’s Rapid Growth
CoreSite Realty Corporation (NYSE:COR), a provider of secure,
reliable, high-performance data center solutions, today
announced that PlaceIQ, the company building more accurate audience
segments with location, time and real-world behavior, has chosen
CoreSite’s New York campus for its data center solution. CoreSite’s
NY1 and NY2 facilities will provide infrastructure for PlaceIQ to
process location and mobile data analytics, which create the
foundation that powers PlaceIQ’s proprietary platform and diverse
applications at massive scale.
PlaceIQ derives intelligence from activities across time, space,
and devices to uncover opportunities to learn about and connect
with consumers. CoreSite’s NY1 facility will deliver network
connectivity and robust power and cooling infrastructure to support
the PlaceIQ platform. CoreSite’s NY2 facility will provide backup
and additional capacity needed to support PlaceIQ’s growth as the
company plans to expand with the introduction of a consumer
insights platform later this year.
“When selecting a data center partner, we wanted a company that
could scale with us,” said Michael Imbruce, head of infrastructure
at PlaceIQ. “The PlaceIQ platform is a key differentiator for our
company and is advancing the state of the art of high-resolution
geospatial consumer analytics. We’re processing petabytes of data
each week, while also continuing to expand our infrastructure at a
rapid rate. The flexibility our partnership with CoreSite provides
is essential to the success of our clients and our business.”
CoreSite’s NY1 facility provides 50,000 square feet of high
power-density solutions in the heart of one of the most
network-dense markets in the world. NY1 is tethered via dark
fiber to CoreSite’s NY2 data center, located in Secaucus,
N.J., creating one of the most powerful low-latency campuses on the
East Coast.
“PlaceIQ is widely recognized as an innovator in consumer
insights through location and mobile intelligence, and their track
record of rapid growth is a testament to that fact,” said Brian
Warren, Senior Vice President of Product and Marketing at CoreSite.
“Through its expanding deployment, PlaceIQ is adding to the
big-data technologies in our NY data center campus, and we are
pleased to serve as their partner.”
For more information on CoreSite’s NY1 and NY2 data centers,
visit http://www.coresite.com/locations/new-york. For more
information on PlaceIQ, visit www.placeiq.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 PlaceIQ
Leading CPG, retail, automotive, entertainment, consumer
electronics, and other national brands and their agencies rely on
PlaceIQ’s patented technology and suite of consumer discovery,
engagement and activation solutions to engage with the right
consumers and lead them to desired brand actions and destinations
at unbeatable scale. PlaceIQ’s Place Visit Rate (PVR™) is already
the standard for measuring real-world, in-store ROI, quantifying
the value and effectiveness of advertising, targeting and
messaging. The company is headquartered in New York City and has
offices in San Francisco, Los Angeles, Detroit, Chicago and
Boulder, Colorado.
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; CoreSite's failure to obtain necessary outside financing;
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.comorSHIFT Communications for
PlaceIQKatie Ackerman, 617-779-1800PlaceIQ@shiftcomm.com
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