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SummitIG to Deliver Dark-Fiber Connectivity for CoreSite’s Northern Virginia Data Center Campus
|By Business Wire
|August 27, 2014 06:00 AM EDT
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.
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.
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.
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.
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