SummitIG to Deliver Dark-Fiber Connectivity for CoreSite’s Northern Virginia Data Center Campus
August 27 2014 - 6:00AM
Business Wire
CoreSite Realty Corporation (NYSE:COR), a provider of secure,
reliable, high-performance data center solutions, today
announced that SummitIG, a custom network solutions and bandwidth
infrastructure provider in northern Virginia, will offer dark-fiber
network connectivity to CoreSite’s campus in Reston, VA.
SummitIG develops unique dark-fiber routes throughout northern
Virginia using underground rights of way that have not been
previously developed by other carriers. SummitIG owns, operates and
maintains its network, which enables flexible, secure and scalable
customized connectivity solutions for its customers.
“Over the past several months we have been approached by several
enterprise customers about our ability to connect to CoreSite’s
Reston data center campus,” said Bill Cook, CEO, SummitIG. “We see
differentiated value for our business in serving CoreSite’s Reston
campus driven by the first-class reliability and security of the
facilities, robust collection of enterprise, cloud and network
customers, and CoreSite’s commitment to delivering an excellent
customer experience. We are pleased to be able to offer service
into CoreSite’s campus and to continue to scale our business.”
CoreSite has been serving customers in northern Virginia since
2007 at its 262,700-square-foot “VA1” facility, which now hosts
more than 126 enterprise, cloud and network customers. CoreSite is
adding 198,000 square feet of data center space to its Reston
campus with the “VA2” facility, set to open in late 2014, bringing
CoreSite’s footprint at the location to over 460,000 square feet.
VA2 will support CoreSite’s continued growth in the market, serving
customer requirements from a single cabinet to custom, dedicated
suites.
“CoreSite strives to create an ecosystem within each of our data
centers that enables easy interconnection between networks, cloud
providers and enterprises,” said Brian Warren, SVP Marketing and
Product, CoreSite. “We are looking forward to SummitIG’s deployment
in our Reston campus because it will broaden our customers’ ability
to establish these connections due to its expansive dark-fiber
network and presence in key facilities throughout northern
Virginia.”
For more information on CoreSite’s northern Virginia market,
visit:
http://www.coresite.com/locations/northern-virginia-washington-dc.
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
computing 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.
About SummitIG
Dulles, Virginia-based SummitIG provides custom network
solutions and bandwidth infrastructure services using its dense and
unique fiber-optic network located throughout key markets in
Virginia. The company specializes in dark-fiber connectivity for
data center, carrier, and enterprise customers, giving them
strategic alternatives, unique routes, and greater flexibility to
control their own networks. For more information about SummitIG,
please visit www.summitig.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 CoreSiteSarah McLaughlin,
303-951-2578smclaughlin@linhartpr.com
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