Pacnet Upgrades Trans-Pacific Subsea Cable to 100G at CoreSite Los Angeles
Data Center Campus
DENVER -- March 26, 2014
CoreSite Realty Corporation (NYSE:COR), a provider of secure, reliable,
high-performance data center solutions, today announced that Pacnet, a
provider of integrated network and technology solutions in the Asia-Pacific
region, is delivering 100 Gigabits per second (Gbps) services to customers at
CoreSite’s Los Angeles data center campus, including One Wilshire, to connect
the U.S. to its Asia-Pacific network.
Pacnet has upgraded its trans-Pacific and Asia subsea cable network to 100Gbps
to address the growing demand for bandwidth services throughout the U.S. and
Asia-Pacific region. Through Pacnet, CoreSite’s customers have the ability to
connect to diverse carriers and gain high-capacity subsea cable access without
purchasing backhaul to a landing station.
“We are pleased to expand our relationship with Pacnet and present our
customers with higher bandwidth solutions and flexible connectivity options
across the Pacific,” said Tom Ray, CEO at CoreSite. “As Internet traffic
between the U.S. and Asia continues to increase, CoreSite customers can
connect to a direct route to Asia, leveraging CoreSite’s capabilities as the
leading gateway connecting the U.S. across the Pacific.”
Pacnet is the first carrier to provide 100Gbps services between the U.S. and
Asia in an effort to support customers that require increasingly higher
bandwidth solutions. This expansion is critical to the digital content
companies, carriers, and large enterprises looking to direct connectivity to
the Asia Pacific region.
“The 100Gbps bandwidth upgrade allowed us to roll out the Pacnet Enabled
Network, a software-defined networking platform, at our interconnected data
centers,” said John Garrett, President of Carrier Services, Pacnet. “CoreSite
provides us with an access point to bring the innovative SDN platform to
enterprise and carrier customers in the U.S., enabling them to self-provision
scalable, private networks on demand and in minutes.”
CoreSite’s LA campus hosts the largest network community on the West Coast,
with more than 375 customers, including domestic and international carriers,
media and entertainment firms, cloud computing providers, social networking
sites, gaming companies and enterprise customers.
For more information on CoreSite’s Los Angeles data centers, visit
coresite.com/locations/los-angeles. For more information on Pacnet, visit
CoreSite Realty Corporation (NYSE:COR) delivers secure and reliable data
center solutions across eight key North American markets. CoreSite
connects,protects and delivers an optimal performance environment and
continued operation of mission-critical data and IT infrastructure for
enterprises andInternet, private networking, mobility, and cloudservice
providers. CoreSite'sscalable platform of over two and a half million square
feet of efficient, network-dense, cloud-enabled data center capacity enables
customers to accelerate business performance, reduce operating costs and
increase flexibility across their IT and communications systems. CoreSite's
350 professionals deliver best-in-class service by placing customer needs
first in supporting the planning, implementation and operating requirements
foundational to delivering reliable, secure and efficient IT operating
More than 750 of the world’s leading enterprises, carriers and mobile
operators, content and cloud providers and media and entertainment companies
choose CoreSite to connect, protect and optimize their performance-sensitive
data, applications and computing workloads. CoreSite provides valuable
gateways to global business opportunities with direct access to more than 275
carriers and ISPs, inter-site connectivity and CoreSite'sOpen Cloud Exchange,
which supports rapid, efficient and scalable Ethernet access to multiple key
public clouds, enabling simple, flexible, multiple-cloud capabilities.
For more information, visitwww.CoreSite.com.
Pacnet is Asia-Pacific’s leading provider of managed data connectivity
solutions to major telecommunications carriers, large multinational
enterprises and government entities in the Asia-Pacific region. Ownership of
the region’s most extensive high-capacity submarine cable systems with over
46,000 km of fiber and connectivity to interconnected data centers across 14
cities in the Asia-Pacific region gives Pacnet unparalleled reach to major
business centers in key markets including China, India, Japan and the United
States. Combined with a comprehensive set of managed network and value-added
data center services, its assets and experience in the region have helped
Pacnet service large businesses worldwide including Fortune 500 companies.
Pacnet is headquartered in Hong Kong and Singapore, with offices in all key
markets in the Asia-Pacific region and North America.
For more information, please visit:www.pacnet.com.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning
of the federal securities laws. Forward-looking statements relate to
expectations, beliefs, projections, future plans and strategies, anticipated
events or trends and similar expressions concerning matters that are not
historical facts. In some cases, you can identify forward-looking statements
by the use of forward-looking terminology such as "believes," "expects,"
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phrases or similar words or phrases that are predictions of or indicate future
events or trends and that do not relate solely to historical matters.
Forward-looking statements involve known and unknown risks, uncertainties,
assumptions and contingencies, many of which are beyond CoreSite's control,
that may cause actual results to differ significantly from those expressed in
any forward-looking statement. These risks include, without limitation: the
geographic concentration of CoreSite's data centers in certain markets and any
adverse developments in local economic conditions or the demand for data
center space in these markets; fluctuations in interest rates and increased
operating costs; difficulties in identifying properties to acquire and
completing acquisitions; significant industry competition; CoreSite's failure
to obtain necessary outside financing; CoreSite's failure to qualify or
maintain its status as a REIT; financial market fluctuations; changes in real
estate and zoning laws and increases in real property tax rates; and other
factors affecting the real estate industry generally. All forward-looking
statements reflect CoreSite's good faith beliefs, assumptions and
expectations, but they are not guarantees of future performance. Furthermore,
CoreSite disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying assumptions or
factors, of new information, data or methods, future events or other changes.
For a further discussion of these and other factors that could cause
CoreSite's future results to differ materially from any forward-looking
statements, see the section entitled "Risk Factors" in CoreSite's most recent
annual report on Form 10-K, and other risks described in documents
subsequently filed by CoreSite from time to time with the Securities and
Linhart PR for CoreSite
Ashley Frost, 303-951-2578
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