New Toronto location offers state-of-the-art facilities to benefit small- and mid-sized businesses
Toronto, ON – January 28, 2010 –PEER 1 Hosting, Inc. (TSX:PIX), a global online IT hosting provider, today announced the opening of its US$40 million data centre, located in Toronto, Ontario. At more than 40,000 square feet, this new data centre is more than twice the size of a professional hockey rink and marks the first time PEER 1 Hosting is offering all three hosting solutions – colocation, dedicated hosting and managed hosting – in Canada.
The opening of the flagship data centre is also the first time PEER 1 is offering all three hosting solutions under one roof, enabling small- and mid-sized enterprises (SMEs) to conveniently choose the right solution for their business.
“The Internet is a vital platform for our customers, and it continues to grow,” said Fabio Banducci, president and CEO for PEER 1 Hosting. “Our new state-of-the-art Toronto data centre ensures we stay current and provide the fastest and most reliable network to serve our customers, now and in the future, while providing PEER 1 with enhanced flexible capacity to support its own growth.”
This is the most efficient data centre PEER 1 Hosting has built to date, with increased power densities, high reliability, and robust security. Building it in four sections, with each section built as a separate Performance Optimized Data Centre (POD), enables customers to expand their data centre capacity faster than ever before, while allowing PEER 1 to cost-effectively manage growth.
The new data centre utilizes some of the most efficient products and technologies on the market. This includes a redundant critical cooling infrastructure using both a local well for primary water supply and a connection to the city’s water system.
“We’re also using redundant high-efficiency Variable Frequency Drive centrifugal chillers to reduce cooling costs and condenser towers with economizers,” adds Ryan Murphey, vice president of facilities and data center operations for PEER 1 Hosting. “This enables PEER 1 to lessen the environmental impact of the data center by taking advantage of “free cooling” when the temperature drops below 10C.”
Each of the four PODs has the capacity for approximately 270 cabinets, equivalent to roughly 7,500 servers. The first POD, built at an estimated capital cost of US$10 million, will include 7,500 square feet of data center space and an additional 8,000 square feet of office space, and inventory, network and storage areas to support the data centre.
SMEs can start purchasing space as early as February 1, 2010, and begin moving in their equipment in March 2010. The remaining three PODs (22,500 square feet) will be dedicated to additional data center space and infrastructure to be built out in future phases based upon customer demand. The new data centre will be built to a Tier II specification with the option to become Tier III when additional PODs are added.
This will be PEER 1 Hosting’s third data centre in Toronto and the company’s 17th worldwide, adding to its managed network spanning 13,000 route miles of fibre.
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About PEER 1 Hosting
PEER 1 Hosting believes in the limitless opportunity of the Internet, and the business growth potential it provides for its more than 10,000 customers. As a global online IT hosting provider, PEER 1 Hosting offers a reliable high performance Internet network supporting scalable managed hosting, dedicated hosting through the ServerBeach brand, and colocation solutions. Backed by its 100 percent uptime guarantee and 24x7x365 FirstCall Support™, PEER 1 Hosting ensures customers’ online presence is always fast, always available. Since 1999, PEER 1 Hosting has grown to include 17 state-of-the-art data centres and points-of-presence throughout North America and Europe. The company’s headquarters are in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com or www.peer1hosting.co.uk.
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Forward Looking Statements:
Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in PEER 1 Hosting’s public filings with securities regulatory authorities.
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