Recent industry recognition highlights Internap’s technology leadership in Georgia
ATLANTA ─ Sept. 21, 2011 ─ Internap Network Services Corporation (NASDAQ:INAP, news, filings), a provider of intelligent IT Infrastructure services, announced a relocation of its corporate headquarters from downtown Atlanta to One Ravinia Drive in the Perimeter region of metro-Atlanta that will take place in the first quarter of 2012. The headquarters move is prompted by Internap’s planned Atlanta data center expansion, as announced in July. The relocation of the current headquarters from 250 Williams Street will open up 31,000 additional net-sellable square feet of data center capacity at that facility to serve the demands of the nation’s fourth largest concentration of Fortune 500 companies. When the expansion is fully deployed, Internap’s total Atlanta data center footprint will position the company as one of the top five retail colocation providers in the metro-Atlanta area.
The relocation to a state-of-the-art Perimeter-area facility is another indication of Internap’s execution of strategic growth, building on the more than 50 new hires this year already, half of which are located in the Atlanta area, and highlighting its firm commitment to employees. With several new engineering and operations opportunities currently available with Internap both in the Atlanta region and beyond, the new location is centrally located to improve the commute time for many existing employees and to attract Atlanta’s top-caliber high-tech talent.
Recent industry recognition further highlights Internap’s technology leadership in Georgia. Earlier this year, Internap was recognized for its contribution to advancing Georgia’s technology sector by the Technology Association of Georgia (TAG) as a “Top 40 Innovative Technology Company,” and, just this month, Internap was ranked as No. 68 on Georgia Trend magazine’s list of “Top 100 Public Companies.”
“Internap’s move to a new corporate headquarters will allow us to support employee growth and address the increasing demand for intelligent IT Infrastructure services,” said Eric Cooney, chief executive officer of Internap. “Building on the market leadership we’ve established delivering premium data center services, Internap is well-positioned to leverage the momentum created by the evolving digital economy.”
About Internap
Internap provides intelligent IT Infrastructure services that enable our customers to focus on their core business, improve service levels and lower the cost of IT operations. Our enterprise IP, CDN, colocation, managed hosting and cloud solutions are differentiated by unparalleled levels of performance, availability and support. Since 1996, thousands of businesses have entrusted Internap with the delivery and protection of their online applications. Transform your IT infrastructure into a competitive advantage with IT IQ from Internap. For more information, visit http://www.internap.com/, our blog at http://www.internap.com/blog, or follow us on Twitter at http://twitter.com/internap.
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Forward-Looking Statements
This press release contains forward-looking statements. These forward-looking statements include statements related to our expansion of company-controlled data center capacity and expected benefits to be received from relocation of Internap’s corporate headquarters. Because such statements are not guarantees of future performance and involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include our ability to complete expansion of company-controlled data centers within the expected timeframe; our ability to sell into new data center space; our success in attracting and retaining key talent; the actual performance of our IT infrastructure services; our ability to respond successfully to technological change; the availability of services from Internet network service providers or network service providers providing network access loops and local loops on favorable terms, or at all; failure of third party suppliers to deliver their products and services on favorable terms, or at all; failures in our network operations centers, data centers, network access points or computer systems; our ability to provide or improve Internet infrastructure services to our customers; and our ability to protect our intellectual property, as well as other factors discussed in our filings with the Securities and Exchange Commission. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. We undertake no obligation to update, amend or clarify any forward-looking statement for any reason.
Internap Media Contact
Joanna Horn
678.242.8081
internap@daviesmurphy.com
Investor Contact
Andrew McBath
Internap
404-302-9700
ir@internap.com
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