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FOR
IMMEDIATE RELEASE:
PR Contact
Bob McCarthy
415-517-9658
bmccarthy@365main.com
365 MAIN IN ACQUISITION
MODE
131,000 Square Foot Mission-Critical Data Center
Purchased
in Southern California and Open for Business
SAN FRANCISCO, CA., September
8, 2005 –– 365 Incorporated
announced its expansion into the Los Angeles market with the
acquisition of a mission-critical data center located in
El Segundo, California. "The business model we developed
in San Francisco continues to out perform our expectations,"
stated Chris Dolan, President and CEO of 365 Inc. "This
is the right time to expand our business footprint and strengthen
the 365 brand."
365 Main®
is consistently recognized as the market leader in
the data center industry.
"The only thing surprising about this expansion is that
they waited so long to leverage
their success in San Francisco," said Andrew Schroepfer,
President of Tier1 Research.
"365 Main has an enviable growth rate and the addition
of a second high quality facility is the start of a wise expansion
strategy considering the rising market demand for their services."
365 Main has separated itself from the competition with its
superior customer service and was awarded "Best New Business"
in the nation by the American Business Association last year.
The financial partnership with
Rockwood Capital enables 365 Main the where-with-all
to expand throughout the U.S. "There are obvious cities
on our radar," Dolan stated,
"some to meet the growing needs of our customer base,
others to fill the void that exists in
the industry." Their existing relationships with firms
such as CNET Networks Inc., Internap Network Services, ABM
Industries Inc., Symantec Corporation, Red Envelope and many
other recognized companies including significant financial
and legal firms are proving
their success.
The El Segundo facility is equally
robust and meets the same criteria that has established
365 Main, San Francisco, as the gold standard of the industry.
With over $1 billion spent
during the dot-com boom, Dolan was responsible for dedicating
over $200 million on the
design, engineering and construction of these facilities,
both of which became available
after the telecommunications collapse. "This data center
meets the reliability, maintainability
and scalability for today's mission critical customer requirements.
The flexible design, N+2 redundancy and essential facility
status for seismic performance provide the best solution in
Southern California," stated Peter Gross CEO of EYP Mission
Critical Facilities responsible for the facility commissioning
and certification. "Dolan has had his eye on this facility
for some time and feels the timing is perfect."
The mission critical facility is
now open for business. For information relative to colocation
and space availability interested parties are encouraged to
visit www.365main.com
or
call 877-365-MAIN (6246).
About 365 Main
365 Inc. is an industry leading data center operator. In partnership
with Rockwood Capital,
365 provides trusted, secured, world-class carrier neutral
data center operations for
companies and delivers superior, flexible colocation infrastructure
that adapts to customer needs. Equipped N+2 facility-wide
redundancy, essential facility status and carrier neutral
charter, 365 operates the most intelligently designed data
centers in the United States.
365 is a privately held company based in San Francisco. For
more information about 365 Main, please contact 877-365-MAIN
(6246) or visit www.365main.com
About Tier1 Research
Tier 1 Research – an independent division of The 451
Group – analyzes the financial and industry implications
of developments impacting public and private companies within
the IT, communications and Internet commerce sectors. The
Tier 1 Research division blends traditional "Wall Street"
investment research with industry analysis to deliver dynamic
market and financial intelligence. The division's clients
include institutional investors and technology vendors, along
with end users and venture capitalists. These clients leverage
T1R analytical insight for idea generation, trend identification,
due diligence and grounded opinions, as well as metrics and
forecasts on companies and industries covered. Since its founding
in August 2000, the Tier 1 Research division's coverage has
spanned the largest publicly held technology companies, as
well as smaller, pioneering public and privately held companies,
to provide comprehensive assessments of all companies impacting
the technology marketplace in a meaningful way. www.tier1research.com
About EYP Mission Critical
Facilities ®
EYP's Mission Critical Facilities(r), Inc. is one of the world's
leaders in the design and upgrade
of existing and new technically sophisticated mission critical
facilities that must remain in operation 7X24X365. Their projects
range from corporate data centers to web hosting/co-location
facilities, to point of presence sites (POPs), trading floors,
digital switch installations, network operations centers (NOCs),
call centers, and broadcasting studios. EYP provides consulting,
design, facilities operations management and information technology
servicesto financial, telecommunication, and computer/Internet
corporate clients throughout the world
from its nine offices. For additional information about EYP
Mission Critical Facilities, visit www.eypmissioncritical.com
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365 Main is a registered
trademark of 365 Inc. - The Main Exchange. All other names
and trademarks are the property of their respective owners. |
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