2009-05-12
Company begins phased build out of its most eco-friendly data center; green initiative includes new membership to The Green Grid
Vancouver, BC – May 12, 2009 –
PEER 1 Network Enterprises, Inc. (TSX:PIX), a global online IT hosting
provider, today announced that the company has begun build out on a
41,000 square foot green data center in the Toronto area. The new
facility will implement some of the most efficient products and
technologies on the market, including the use of a local well for
primary water supply with redundant connection to the city water system
to reduce overall carbon footprint and provide lower energy
consumption. The first of four planned stages is scheduled for
completion in early 2010, and will include 7,500 square feet of data
center space, and 8,000 square feet of office and staging area at an
estimated capital cost of U.S. $10 million. The remaining 25,500 square
feet will be dedicated to additional datacenter space and
infrastructure which will be built out in three future phases based
upon customer demand and market conditions.
Some of the
efficiencies planned include the use of redundant high efficiency VFD
centrifugal chillers and heat exchangers to take advantage of “free
cooling” during colder months, providing significant energy savings.
This also enables the company to use more environmentally friendly
refrigerants not commonly found in current air-cooled systems.
"Our
philosophy is to develop the most efficient data center facilities
possible, with increased power densities and high reliability that will
help provide our customers with a base from which to grow their online
businesses,” said Fabio Banducci, president and CEO
for PEER 1. “A state-of-the-art data center is a strategic foundation
for great customer experiences, and we believe the new facility will
have a very positive impact on future growth and returns.”
The PEER 1 data center will offer scalable managed hosting, dedicated hosting through the ServerBeach brand
and co-location services within the Toronto facility. This will be the
first time all three types of hosting will be offered by the company
from a Canadian-based facility. Strategically located just 18 miles or
30 kilometers from the heart of Toronto, the company is one of the only
hosting providers to offer all three major types of web hosting under
one roof.
The facility will have capacity for approximately
700 normal cabinet equivalents (NCE) for co-location and 9,000 servers
for managed and dedicated hosting, with the flexibility to alter the
mix of these core services based on future customer demand.
PEER 1 also announced its membership in The Green Grid.
The Green Grid is a global consortium dedicated to advancing energy
efficiency in data centers and business computing ecosystems. The Green
Grid seeks to provide industry-wide recommendations on best practices,
metrics and technologies that will improve overall data center and
business computing energy efficiencies. By joining The Green Grid, PEER
1 is helping influence both developers and end users of data center
technology.
“Our goal is to maximize energy efficiency across
our data centers in all locations, with Toronto serving as our model
sustainable facility from which we will continue to implement
additional green initiatives,” said Ryan Murphey, vice president of
facilities & data center operations for PEER 1. “Along with the use
of innovative power conservation strategies, PEER 1 continues to review
reliable customer solutions that minimize environmental impact.”
PEER
1 will provide further detail on its Toronto expansion plans during its
quarterly conference call on Thursday, May 14, 2009 at 5:30 p.m. (EST).
To access the conference call by telephone, dial (416) 644-3417 or
1-800-732-6179. Please connect approximately 15 minutes prior to the
beginning of the call. The conference call will be archived for replay
until Thursday, May 21st, at midnight. To access the archived
conference call, dial (416) 640-1917 or 1-877-289-8525 and enter the
reservation number: 21303393 followed by the number sign.
A live audio webcast of the conference call will be available at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2614920
Please
connect at least 15 minutes prior to the conference call to ensure
adequate time for any software download that may be required to join
the webcast. The webcast will be archived at the above website for 90
days.
About PEER 1
PEER 1 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 offers a reliable high performance
Internet network supporting scalable managed hosting, dedicated hosting
through the ServerBeach brand, and co-location solutions. Backed by its
100 percent uptime guarantee and 24x7x365 FirstCall Support™, PEER 1
ensures customers' online presence is always fast, always available.
Since 1999, PEER 1 has grown to include 16 state-of-the-art data
centers in North America and points-of-presence in Europe. The
company's headquarters are in Vancouver, Canada and the stock is traded
on the TSX under the symbol PIX. For more information visit:
www.peer1.com.
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’s public filings with securities
regulatory authorities.
Media Contacts:
For PEER 1
Stefanie Johansen
425.452.5468
sjohansen@webershandwick.com
Investor Inquiries:
Thomas McMillan
The Equicom Group
403.536.5903
tmcmillan@equicomgroup.com
