Global Provider, Hibernia Networks, Expands With CoreSite In Boston And New York

DENVER, May 13, 2013 /PRNewswire/ -- CoreSite, a premier provider of network-dense, cloud-enabled data center solutions and the CoreSite Mesh, today announced that Hibernia Networks is expanding its relationship with CoreSite to include deployments in both Boston and New York. Hibernia Networks is a provider of global capacity solutions, providing submarine and terrestrial networks throughout North America, Europe, and Asia. The expansion will include a subsea cable connection into CoreSite's Boston facility, as well as an Ethernet deployment in CoreSite's New York facility. These new options for connectivity complement the existing services currently offered in CoreSite data center campuses located in Washington, DC; Denver; and Los Angeles.

The gateway in Boston will provide CoreSite customers with an ultra-low latency, direct route between Boston and Europe, ensuring the highest reliability and peak performance. This deployment will serve as a new data node for IP peering in the Boston market.

"We look forward to offering CoreSite customers diverse, high-performance connectivity solutions," said Bjarni Thorvardarson, CEO Hibernia Networks. "Connecting to CoreSite's Boston and New York campuses will extend our subsea offering and our EtherReach service, providing CoreSite's Mesh community an additional on-ramp to the cloud and AWS Direct Connect services."

CoreSite's Boston campus, which borders Cambridge and Boston's Central Business District, brings together a community of more than 70 content distribution networks (CDNs), tier 1 carriers, cloud computing providers and systems integrators.

"Today's announcement provides new opportunities across our U.S. data center campuses, and an additional European gateway to our growing community of customers within the CoreSite Mesh," said Jarrett Appleby, COO, CoreSite. "We're excited to enable Hibernia's expansion of its presence in our cloud community, and pleased to have Hibernia join our ecosystem of customers in Boston and New York." 

About Hibernia Networks:

Hibernia Networks owns and operates a global network connecting North America, Europe and Asia.  Hibernia offers 172 network Points of Presence (PoPs) on over 27,000 kilometers of fiber.   

Hibernia Networks serves wholesale, financial and media customers with unparalleled support, flexibility and service. Hibernia's wholesale services provide secure and diverse dedicated Ethernet, DTM and optical-level services, including GigE, 10G and LanPhy wavelengths and traditional SONET/SDH services. Hibernia's financial services unite hundreds of global banks and financial exchanges with low latency connectivity.  Hibernia's media services are dedicated to flawless delivery of video signals over fiber, supporting media companies across the globe with over 150 media connection points.  Hibernia Networks is owned by Columbia Ventures Corporation and funds managed by Constellation Growth Capital.

For more information on Hibernia's cutting-edge network and services, please visit www.hibernianetworks.com.

About CoreSite
CoreSite Realty Corporation (NYSE: COR) propels customer growth and long-term competitive advantage by connecting Internet, private networking, mobility, and cloud communities within and across its fifteen high-performance data center campuses and through the CoreSite Mesh. More than 750 of the world's leading carriers and mobile operators, content and cloud providers, media and entertainment companies, and global enterprises choose CoreSite to run their performance-sensitive applications and to connect and do business with each other. With direct access to more than 275 carriers and ISPs, North America inter-site connectivity and the nation's first Open Cloud Exchange that provides access to the "most lit" buildings and cloud "on-ramps," CoreSite provides easy, efficient and valuable gateways to global business opportunities. For more information, visit www.CoreSite.com.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite's control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite's failure to obtain necessary outside financing; CoreSite's failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; and other factors affecting the real estate industry generally. All forward-looking statements reflect CoreSite's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause CoreSite's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission.

SOURCE CoreSite

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