Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Based on the extraordinary success and continued rapid growth of its
customer base at the Network
Access Point (NAP) of the Capital Region, Terremark Worldwide, Inc.
(NASDAQ:TMRK), a leading global provider of managed IT infrastructure
services, today announced it has acquired 27 acres of land directly
adjacent to its datacenter campus. The $5-million land acquisition
provides Terremark the ability to add at least 250,000 square feet of
high-quality datacenter space and close to 100,000 square feet of Class
A office space, effectively doubling the size of the campus. As a result
of recently securing large customer contracts for services delivered
from the NAP of the Capital Region, more than 65 percent of the campus’
available datacenter space is currently contracted, including the newly
launched third datacenter. The company expects to begin customer
deployments in this datacenter during the third quarter of Terremark’s
fiscal year 2011.
The powerful combination of Terremark’s innovative suite of solutions,
in particular its ultra-secure colocation services and revolutionary Enterprise
Cloud product, along with the massive connectivity offered through
the NAP of the Capital Region’s multiple global carrier networks has
been a key driver in the expansion of the campus. As a result of the
compelling value proposition offered by this combination, Terremark
continues to sign contracts with various federal government customers
and global enterprises for services to be delivered from the campus.
“With the outstanding success and explosive growth of the NAP of the
Capital Region, acquiring the land adjacent to the existing campus was a
vital step in securing our position to continue meeting the strong
demand for Terremark’s services among federal customers and large
multinational companies,” said Manuel D. Medina, Terremark’s Chairman
and CEO. “Our ability to secure contracts for a significant percentage
of our existing datacenter space so quickly is a testament to the unique
ecosystem of highly secure, top-quality solutions that are ideally
suited to meet the needs of large organizations pursuing datacenter
consolidation and other IT projects to drive greater efficiencies in
their systems.”
Terremark’s NAP of the Capital Region campus, from which the company
offers its complete
suite of IT solutions, including its Enterprise Cloud, colocation,
managed hosting, disaster recovery/COOP and secure information services,
is designed to exceed federal government standards for data
communications and hosting sites, as well as meet the needs of power,
space and bandwidth-intensive mission-critical applications and hot/warm
sites for disaster recovery/COOP environments. Along with the
world-class datacenter facilities at the campus, which is strategically
located 60 miles outside Washington, D.C. in Culpeper County, Va.,
Terremark recently unveiled a 72,000-square-foot headquarters building
that features a 150-seat auditorium built to the federal government’s
Physical Security Standards for Sensitive Compartmented Information
Facilities (SCIF) and approximately 50,000 square feet of Class A office
space that can be built to SCIF specifications in order to meet customer
demands.
About Terremark Worldwide, Inc.
Terremark Worldwide (NASDAQ:TMRK) is a leading global provider of 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, data storage and cloud
computing services. Terremark’s Enterprise Cloud computing architecture
delivers the agility, scale and economic benefits of cloud computing to
mission-critical enterprise and Web 2.0 applications and its DigitalOps®
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, including uncertainties inherent in government
contracting, its 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,
Terremark's ability to manage its growth, and the successful integration
of operations of acquired companies. Terremark does not assume any
obligation to update these forward-looking statements.