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Technology Stocks : Internap Network Services Corporation

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From: Savant10/25/2012 9:08:52 PM
   of 1011
 
Internap Expands Data Center Footprint with New High-Performance Facility in New
York Metro Area

Company's third data center in the market adds 45% more capacity to address
growing demand from Internet-based, Fortune 500 and financial services customers

ATLANTA, Oct. 25, 2012 /PRNewswire via COMTEX/ -- Internap Network Services
Corporation (INAP), a provider of intelligent IT Infrastructure services, today
announced that it will open a new data center in the New York metro area to
address market demand for more premium data center capacity. The new facility
will be Internap's twelfth company-controlled facility across eight North
American markets and is further evidence of the company executing its strategy to
build a geographically-diversified platform of premium data centers. The new data
center will feature Internap's flexible portfolio of colocation and managed,
dedicated and cloud hosting services as well as its route-optimized Performance
IP(TM) and content delivery network services that combine to serve customers'
high-performance IT Infrastructure needs.

Located in Secaucus, N.J., Internap's new data center is within easy access of
the bridges and tunnels into Manhattan, the NJ Turnpike, the Secaucus Junction
train station and the New York metro area's three international airports. The
100,000 square-foot facility will leverage modular designs and the latest power
and cooling technologies to deliver power densities of up to 12 kW per cabinet to
economically support long-term customer growth. The facility will use Internap's
award-winning green data center building practices, including a high-efficiency
UPS system, a cooling system that maximizes outside air for free cooling,
reclaimed building materials and sustainable operational best practices. It will
also feature a full range of customer amenities, including fully-equipped office
areas, technical workspaces, dedicated customer work environments and a
full-service customer lounge.

According to Tier1 Research, multi-tenant data center utilization in the New York
metro market is expected to reach 93% by 2013. With Internap's two existing New
York data centers nearing capacity over the next twelve months, the new Secaucus
facility will bring needed capacity to the company's existing customers in the
market. It also will be a platform for offering Internap's full portfolio of IT
Infrastructure services to new customers in the metro New York area and beyond
that rely on colocation, hosting and cloud as well as fast, reliable, low-latency
delivery of business-critical applications and content, including mobile app
developers, digital agencies and other Internet-based enterprises;
pharmaceutical, insurance and other major Fortune 500 companies; and the
financial services and high-frequency trading markets.

The new Secaucus data center will add 55,000 net sellable square feet to the
market once fully deployed, representing a significant expansion of Internap's
company-controlled data center footprint, which includes 320,000 net sellable
square feet of fully-deployed capacity as of end of third quarter 2012.

"We did extensive due diligence when researching the site of our new data center
and believe the Secaucus location provides an ideal mix of space, power,
connectivity options and access to a range of customers and industries," said
Mike Higgins, senior vice president of data center services at Internap. "With
our two existing New York metro area data centers nearing capacity in the second
half of 2013, the new Secaucus facility underscores our commitment to the New
York market and our customers' increasing demand for our cloud, hosting,
colocation and route-optimized IP services."

The first phase of the Secaucus data center is expected to open in the fourth
quarter of 2013.

Tweet this news: ow.ly

About Internap Internap provides intelligent IT Infrastructure services that
combine unmatched performance and platform flexibility to enable our customers to
focus on their core business, improve service levels and lower the cost of IT
operations. Our unique trio of route-optimized enterprise IP, TCP acceleration
and a global content delivery network improves website performance and delivers
superior end-user experiences. Our scalable colocation, hosting, private cloud,
public cloud and hybrid offerings provide enterprises the flexibility to adapt to
changing business needs and future-proof their IT Infrastructure. Since 1996,
thousands of companies have entrusted Internap with the protection and delivery
of their online applications. Transform your IT Infrastructure into a competitive
advantage with IT IQ from Internap. For more information, visit
internap.com, our blog at internap.com or follow us on
Twitter at twitter.com.

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, including expected
features, benefits to our customers and timing as well as overall demand for data
center space. 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; the actual performance of our IT Infrastructure
services; our ability to successfully integrate Voxel, including its products,
portal, services and employees, into our company; the reaction and behavior of
customers and the market to our combined company; our ability to react to trends
and challenges in our business and the markets in which we operate; 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.
Media Contact:Investor Contact:
Mariah TorpeyMichael Nelson
Davies Murphy Group, Inc. 404-302-9700
781-418-2404ir@internap.com
internap@daviesmurphy.com
daviesmurphy.com
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