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Press Release -- July 28th, 2010
Source: Telx Group
Tags: Colocation, Exchange, Expansion

TELX DOUBLES CAPACITY IN CHICAGO CERMAK DATA CENTER

Telx Extends Leadership Position in Financial and Service Provider Markets by Expanding 350 East Cermak Location in Chicago’s Business District

New York, NY (July 28, 2010) – Telx®, a leading interconnection and colocation provider in strategic North American markets, today announced a 13,500 square foot expansion of its premier data center footprint at 350 East Cermak Road, located in the heart of the Chicago Business District. This multi-suite expansion doubles the capacity of sellable cabinet equivalents for Telx in this premium facility. In addition to the space expansion, Telx will be able to support up to 300 watts per foot, providing customers with some of the highest-power density in the 350 Cermak facility. This latest data center expansion underscores demand within the financial, service provider and enterprise markets for premier colocation and interconnection services in the Chicago area.

The 350 East Cermak Road facility offers direct, low-latency connections to a wide variety of financial exchanges, next-generation telecommunications service providers, media and content providers, software-as-a-service providers and numerous area enterprises. Telx also manages the Interconnection Area (or Meet Me Room) in the 350 East Cermak Rd. location for all providers, enabling the company to offer the most cost effective and efficient connectivity in the building.  With increased data center space and power density, existing customers can expand their presence, and new customers seeking direct access to service providers and business exchanges in the Chicago area, can take advantage of Telx’s capabilities.

"Telx has experienced tremendous growth in our 350 East Cermak Road data center, driven primarily by our success with Financial Markets clients seeking low-latency access to the key financial venues such as the Chicago Mercantile Exchange (CME),” said Brad Hokamp, chief marketing officer for Telx. “Our latest expansion in Chicago demonstrates our commitment to not only meet the needs of financial clients, but also provide an excellent data center environment for the broader enterprise and commercial customers that require high power density and cost effective network connectivity.”

For more information on the pricing and availability of new turnkey colocation space with the 350 East Cermak facility, please contact sales@telx.com.

About Financial Business Exchange (FBX)

Telx’s FBX is an ecosystem of financial exchanges, market data providers, order management vendors, independent software vendors and buy-side and sell-side firms all colocated in secure, Telx-managed data centers and interconnection facilities. FBX offers ultra low-latency connectivity, proximity hosting and direct market access to a growing list of the most important financial exchanges. Telx’s financial services colocation facilities, strategically located at 111 8th Avenue in New York City, 100 Delawanna Avenue in Clifton, N.J., 350 East Cermak Road in downtown Chicago, and 300 Blvd East in Weehawken NJ, provide customers an ideal environment to grow and manage their businesses by placing their networks in proximity to their key suppliers, partners, and customers, along with hundreds of leading telecom and data service providers.

About Telx

Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets.  With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 800 leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

Contact:

Michelle Barry

BridgeView Marketing for Telx

603.570.7533

michelle@bridgeviewmarketing.com

Twitter: @Telx_Group

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