SAN FRANCISCO, Sept. 8, 2005 (PRIMEZONE) -- 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(tm) 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 Incorporated
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(r)
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 services to financial, telecommunication, and computer/Internet corporate clients throughout the world from its nine offices. For additional information about EYP Mission Critical Facilities(r), visit www.eypmissioncritical.com.
365 MAIN is a registered trademark of 365 Inc. -- The Main Exchange. All other names and trade marks are the property of their respective owners.