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Press Release -- November 14th, 2013
Source: Telx Group
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Telx Moves Ahead of its Competition to #372 on Deloitte’s 2013 Technology Fast 500™ of North America’s Fastest Growing Technology Companies

Telx Moves Ahead of its Competition to #372 on Deloitte’s 2013 Technology Fast 500™ of North America’s Fastest Growing Technology Companies

Telx Grows 206 percent Over the Past Four Years with Market-Leading Enterprise Class Data Centers in Key Strategic Markets

New York, NY, November 14, 2013Telx®, a leading provider of global interconnectivity, cloud enablement services and datacenter solutions, today announced it ranked Number 372 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Telx grew 206 percent from 2008 through 2012.

“The rapid growth and success of Telx through service offerings and expansions in key markets on both coasts is further testament to our ability to consistently develop and deliver market-leading services and solutions to our customers.  There is an ever increasing need for companies across the economic landscape to partner with reliable and secure infrastructure environments to enable the ability to move high levels of critical data with low-latency options,” said Chris Downie, CEO of Telx. “We are confident our successful business model of providing data center solutions and interconnection between business networks and business partners in a secured ecosystem will continue to help us grow responsibly as we move forward.”

Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent. The full Fast 500 list can be found here: http://bit.ly/1dpNQpt

About Deloitte’s 2013 Technology Fast 500™

Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Telx

Telx is a leading provider of interconnection and data center services in strategic, high-demand North American markets. With 20 datacenters supported by 100% Uptime SLAs and 24 Hour Cross Connect guarantees, Telx increases speed to market and reduces connectivity costs by providing direct connections to a community of the industry’s highest performance networks and access to 1,100+ customers, including leading telecommunications carriers, ISPs, cloud providers, content providers and enterprises. Telx is a privately held company headquartered in New York City, servicing 13 US markets with six facilities across the New York / New Jersey Metro area, two facilities in Chicago, two facilities in Dallas, four facilities in California (Los Angeles, San Francisco, and two in Santa Clara), two Pacific Northwest facilities (Seattle and Portland), and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit: http://www.telx.com. Join us on Google+ at  https://plus.google.com/s/Telx Interconnection. Data Centers. Community™.

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