Australasia’s Southern Cross Cable Network Deploys First 100G Subsea Cable in CoreSite Silicon Valley Data Center Campus

  Australasia’s Southern Cross Cable Network Deploys First 100G Subsea Cable
  in CoreSite Silicon Valley Data Center Campus

Business Wire

DENVER -- April 3, 2014

CoreSite Realty Corporation (NYSE:COR), a provider of secure, reliable,
high-performance data center solutions, today announced that Southern Cross
Cable Network, a leading Australasian supplier of international subsea
capacity, is delivering 100 Gigabits per second (Gbps) capability to customers
at CoreSite’s “SV1” (Silicon Valley) data center, connecting the U.S. to
Hawaii, Fiji, Australia and New Zealand.

The 100Gbps technology has been deployed across all segments of Southern
Cross’ 30,000-kilometer submarine network to support increased demands for
high-speed broadband connectivity. Tenants at CoreSite’s tethered Silicon
Valley campus of data centers in San Jose, Milpitas and Santa Clara, Calif.,
will have access to seamless high-capacity connectivity without purchasing
backhaul to a landing station.

“Through our partnership with Southern Cross, CoreSite customers can now take
advantage of exceptional high-performance connectivity linking the heart of
Silicon Valley to Australasia,” said Brian Warren, Senior Vice President of
Product and Marketing at CoreSite. “Demand for capacity is growing and both
CoreSite and Southern Cross share a commitment to providing best-in-class
service to meet the needs of our customers.”

The 100Gbps transmission technology increases total lit capacity across
Southern Cross’ two cables to 2.6Terabit per second (Tbps), which will grow to
3.6Tbps by June 2014, establishing the infrastructure for high-speed services
to meet the growing demand of mission-critical IT infrastructure and
applications.

“With the exploding growth in customer content and cloud connectivity
requirements, our commitment to technology and product development places
Southern Cross in a strong position to assist customers in meeting their
growing requirements. Southern Cross can currently deliver capacity from as
little as 1Gbps up to 100Gbps directly into the CoreSite San Jose facility,”
said Ross Pfeffer, sales and marketing director at Southern Cross. “Southern
Cross and CoreSite customers now have a unique opportunity to receive
high-capacity connectivity through CoreSite’s Silicon Valley data center
campus, providing access to one of the largest concentrations of Internet and
technology companies.”

At the nation’s technology core, CoreSite’s SV1 data center in San Jose,
Calif., is tethered to CoreSite’s data centers in Milpitas and Santa Clara,
Calif. CoreSite’s Silicon Valley campus serves more than 100 international and
national carriers, social media companies, cloud computing providers, media
and entertainment firms and enterprise customers.

For more information on CoreSite’s Silicon Valley data centers, visit
www.coresite.com/locations/silicon-valley. For more information on Southern
Cross, visit www.southerncrosscables.com.

About CoreSite

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
environments.

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.

About Southern Cross

Southern Cross Cable Network provides fast, direct, and secure international
bandwidth from Australia, New Zealand and Hawaii to the heart of the Internet
in the USA.

The Southern Cross Cable Network comprises two submarine communications cables
which were first commissioned in November 2000 and January 2001 at a cost of
USD1.3 billion. They provide Australasian broadband users with international
connections to the US West coast where global Internet hubs are located. The
Southern Cross Network has been engineered until 2025. In 2001 total installed
capacity was 80 Gbps, and in January 2003 the total network was expanded to
480Gbps. Upgrades in 2009 and 2010 increased capacity to 1.2Tbps. The 40G
Coherent technology upgrade in 2012 increased total lit capacity to 1.6Tbps
with the current 100G Coherent upgrade to increase lit capacity to 2.6Tbps by
Q3 2013.

The Southern Cross Cable Network is owned by Telecom NZ (50%), Singtel-Optus
(40%) and Verizon Business (10%).

Southern Cross Cable Network has offices in Bermuda, Sydney, Auckland and
Wellington. For more information visit Southern Cross at:
http://www.southerncrosscables.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,"
"may," "will," "should," "seeks," "approximately," "intends," "plans," "pro
forma," "estimates" or "anticipates" or the negative of these words and
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
Exchange Commission.

Contact:

Linhart PR for CoreSite
Ashley Frost, 303-951-2578
afrost@linhartpr.com
or
Southern Cross Cable Limited
Ross Pfeffer, +64 4 496 3248
rap@sccn.co.nz
 
Press spacebar to pause and continue. Press esc to stop.