CoreSite Completes SSAE 16 Examination for 15 Operational Data Centers
August 21 2014 - 6:00AM
Business Wire
Thorough external evaluation confirms
operational excellence in security and environmental controls
provided to data center customers by CoreSite
CoreSite Realty Corporation (NYSE: COR), a provider of secure,
reliable, high-performance data center solutions, today
announced the company has completed Statement on Standards for
Attestation Engagements (SSAE) 16 Type 2 examinations covering 15
operational data centers across the United States. SSAE 16 provides
CoreSite data center customers with assurance of corporate
controls, including security and environmental compliance, and
validation of CoreSite's commitment to the most stringent standards
of operational excellence. BrightLine, a licensed CPA firm,
conducted the CoreSite SSAE 16 examinations over the twelve-month
period that ended June 30, 2014. CoreSite is committed to
performing the SSAE 16 examination in future years.
SSAE 16 is an attestation standard issued by the American
Institute of Certified Public Accountants (AICPA) that reports on
CoreSite controls supporting the services provided to customers.
CoreSite management developed internal control objectives to
support first-class data center management services that were used
to complete the examination. Companies that are
compliance-sensitive and may require an SSAE 16 examination report
include publicly-traded enterprises, financial firms, and
healthcare organizations. The SSAE 16 report includes management's
description of CoreSite's systems and the suitability of the design
and operating effectiveness of the controls. Further, the report
contains a written assertion from management regarding the systems
and a service auditor's opinion letter.
About CoreSite
CoreSite Realty Corporation (NYSE:COR) delivers secure and
reliable data center solutions across eight key North American
markets. More than 800 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
computer workloads. Our flexible, high-performance products and
350+ dedicated employees consistently deliver unmatched, scalable
data center options – all of which leads to a best in class
customer experience. 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.
Media Contact:Linhart PR for CoreSiteSarah McLaughlin,
303-951-2578smclaughlin@linhartpr.comorInvestor Relations
Contact:CoreSiteGreer Aviv, 303-405-1012 or
303-222-7276CoreSite Investor Relations
Directorgreer.aviv@coresite.com
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