Hosting News
Terremark Opens the NAP of the Capital Region
June 28, 2008 |
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Demand from Federal Government Agencies, Enterprises Exceeds Expectations
MIAMI, Jun 25, 2008 (BUSINESS WIRE) -- Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of managed IT infrastructure services, today announced the opening of the NAP of the Capital Region, one of the most secure and advanced datacenters in the United States. Driven by strong demand from federal government agencies and large enterprise customers, more than 20 percent of the facility's raised floor space has been sold prior to opening. This includes Computer Sciences Corporation (NYSE:CSC), a leading IT services company that signed as the anchor customer in May.
The NAP of the Capital Region, which was completed on time and within budget, will offer Terremark's complete suite of managed services, its Infinistructure(TM) utility computing platform, and diverse connectivity options to Tier-1 network providers. The facility is strategically located in Culpeper, Va., 60 miles from Washington, D.C. and was specifically designed to exceed standards as a Federal data communications and hosting facility offering the ultimate in physical security. The 30-acre campus is the ideal location for government organizations, enterprises and Web 2.0 companies requiring managed infrastructure solutions engineered to meet the needs of today's power, space and bandwidth-intensive mission-critical applications or hot/warm sites for disaster recovery/COOP environments.
With the completion of the first phase of the NAP of the Capital Region, we are able to deliver Terremark's acclaimed and highly sought-after services from another purpose-built, ultra-secure, top-tier facility, said Manuel D. Medina, Terremark's Chairman and CEO. We have experienced strong demand from federal government agencies and enterprises interested in locating their mission-critical IT infrastructure in a world-class datacenter that meets the most stringent security standards.
When fully built out, the NAP of the Capital Region campus will consist of up to five, 50,000-foot independent datacenter structures and a 72,000-square-foot secure office building. Each structure will be a secure bunker, designed to provide managed colocation space that meets the standards for sensitive compartmented information facilities (SCIFs) to customers who require it.
About Terremark Worldwide, Inc.
Terremark Worldwide, Inc. (NASDAQ:TMRK) is a leading global provider of managed IT infrastructure services delivered on the industry's most robust and advanced technology platform. Leveraging data centers in the United States, Europe and Latin America with access to massive and diverse network connectivity, Terremark delivers government and enterprise customers a comprehensive suite of managed solutions including managed hosting, colocation, disaster recovery, security and cloud computing services. Terremark's acclaimed Infinistructure(TM) utility computing architecture has redefined industry standards for scalable and flexible computing infrastructure and its DigitalOps(R) service platform combines end-to-end systems management workflow with a comprehensive customer portal. More information about Terremark Worldwide can be found at http://www.terremark.com.
Statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, ability to cross-sell across an acquired customer base, ability to increase revenue yields within facilities, ability to refinance existing debt, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth, the successful integration of operations of acquired companies. Terremark does not assume any obligation to update these forward-looking statements.
SOURCE: Terremark Worldwide, Inc.
Terremark Worldwide, Inc., Miami
Media Relations:
Xavier Gonzalez, 305-860-7856
xgonzalez@terremark.com
or
Investor Relations:
Hunter Blankenbaker, 305-860-7822
hblankenbaker@terremark.com
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