Denver, CO – August 9, 2011 – CoreSite Realty Corporation (NYSE:COR, news, filings), a U.S. provider of powerful, network-rich data centers, today announced the company has completed a SSAE 16 Type 2 audit covering eleven operational data centers. SSAE 16 is designed to provide CoreSite data center customers with a level of assurance of corporate controls and will replace existing SAS 70 Type 1 and Type 2 audit reports. BrightLine, a licensed CPA firm, conducted the CoreSite SSAE 16 audit over the twelve-month period ending June 30, 2011.
SSAE 16 is an attestation standard issued by the American Institute of Certified Public Accountants that reports on CoreSite controls supporting the services provided to customers. CoreSite management developed internal control objectives to support first-class data center management services that were used to complete the audit. Companies that are compliance sensitive and may require SSAE 16 certification include publicly-traded enterprises, financial firms, and healthcare organizations. The SSAE 16 audit report includes management's description of CoreSite's systems and the suitability of the design and operating effectiveness of the controls. Further, the report contains a written assertion from management regarding the systems and a services auditor's opinion letter.
"CoreSite data centers are home to the vital data and infrastructure of more than 700 customers, many of whom maintain extremely rigorous compliance mandates," commented Dominic Tobin, senior vice president of operations at CoreSite. "We deliver a highly secure, compliant colocation environment. Being among the first in the industry to complete the rigorous, 12-month SSAE 16 audit of our entire operational data center portfolio demonstrates CoreSite's commitment to this obligation, helping to ensure the success and continuity of our current and future customers."
CoreSite Realty Corporation (NYSE: COR) delivers powerful, network-rich data centers that optimize, secure and interconnect the mission-critical IT assets of the world's top organizations. 700+ customers, including Global 1000 enterprises, cloud providers, financial firms, and government agencies, choose CoreSite for reliability, service and expertise in delivering customized, flexible data center solutions. CoreSite offers private data centers and suites, cage-to-cabinet colocation, and interconnection services, such as Any2, CoreSite's Internet exchange. The company's portfolio comprises more than two million square feet, including space held for redevelopment and development, and provides access to over 200+ network service providers via 12 data centers in seven key U.S. economic centers. For more information please visit www.coresite.com.
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