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IIP InterNAP Network Services

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Share Name Share Symbol Market Type
InterNAP Network Services AMEX:IIP AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Internap Names Seattle for Data Center Expansion; Market Presents Opportunity to Grow with Customers; Increases Access to Bundl

16/08/2006 12:30pm

Business Wire


Internap (AMEX:IIP)
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Internap Network Services Corporation (AMEX:IIP), a leading provider of performance-based routing solutions over the Internet, announced that its Seattle data center would be the location of its newest expansion efforts. The announcement comes on the heels of additional build-outs in Boston and New York, which were initiated to meet the growing demands of clients in those metropolitan markets. Completion of the proposed Seattle expansion is expected in early 2007. Internap(R) will support the Seattle colocation expansion with enhancements to its underlying data center infrastructure, as well as a dedicated network operations center and sales team. The new space will also give Internap the ability to provide more access to its proprietary Performance IP(TM) service, which provides optimized Internet connectivity. The company's strong service level agreements (SLAs) and carrier neutral approach will be marketed to help fill the additional space. "I believe customers value our flexible approach to colocation and find that it complements our premium IP and route optimization services," said James P. DeBlasio, chief executive officer of Internap. "This expansion allows us to accommodate the market's growth by offering the best possible environment for providing high-value Internet connectivity." In addition to colocation and Performance IP, Internap data center solutions include managed security and managed router services. According to Gartner, North American hosted and managed colocation services will experience 14.8 percent and 16.4 percent growth respectively, during the next 12 months. Market drivers include voice and data convergence, as well as the increase of virtualized operating systems that will require optimization through the network, among others. About Internap Internap is a market leader of intelligent route control solutions that bring reliability, performance and security to the Internet. The company's patented and patent-pending technologies address the inherent weaknesses of the Internet, enabling enterprises to take full advantage of the benefits of deploying business-critical applications such as e-commerce, Voice-over-IP (VoIP), video-conferencing and streaming audio/video across IP networks. Through a portfolio of high-performance IP and WAN optimization solutions, customers can bypass congestion points, overcome routing inefficiencies and optimize performance of their applications. Internap solutions are backed by an industry-leading performance guarantee that covers the Internet as opposed to just one network. These offerings include: network- and premise-based route optimization solutions, colocation, VPN, content distribution and managed security services. Internap currently serves more than 2,100 customers, including Fortune 1000 and mid-tier enterprises in the financial services, government, travel/hospitality, manufacturing, media/entertainment, technology and retail industries. The company provides services throughout North America, Europe, Asia and Australia. For more information, please visit the company website at www.internap.com. Internap and Performance IP are trademarks of Internap. All other trademarks and brands are the property of their respective owners.

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