PEER 1 Hosting's Flagship Data Centre is Up and Running in Canada

New data centre built by Vancouver-based company offers colocation, managed hosting and dedicated hosting

TORONTO, May 11 /PRNewswire-FirstCall/ - PEER 1 Hosting, Inc. (TSX:PIX), a global online IT hosting provider, today announced that the company's new, $40 million USD data centre located in Toronto, Ontario is officially up and running. The 40,000 square foot flagship data centre is also the first PEER 1 Hosting data centre to offer all three hosting solutions - colocation, managed hosting and dedicated hosting - under one roof, enabling small- and mid-sized businesses (SMBs) to conveniently choose the right solution for their business.

"Today's businesses operate in an always-on, always-connected world, and our new data centre ensures our customers are part of this world," said Fabio Banducci, president and CEO for PEER 1 Hosting. "With the growing demand of information, it is important businesses have a hosting service they can trust and rely on to protect information."

This is the most efficient data centre PEER 1 Hosting has built to date, with increased power densities, high reliability and robust security. Building it in four sections, with each section built as a separate Performance Optimized Data Centre (POD), enables customers to expand their data centre capacity faster and more efficiently than ever before, while allowing PEER 1 Hosting to cost-effectively manage growth. Customer information is also managed on PEER 1 Hosting's own high-performance network, enabling stronger control, tighter security and greater performance for customers. The new data centre is also the company's most redundant facility, making it a great primary storage location or disaster recovery location for small and mid-sized businesses across Canada and around the world.

"Our customers' websites are our business," said Randy Laporte, Owner, Motto Design Studio, a PEER 1 Hosting customer who will be hosting hundreds of websites and data in the first POD of the new data centre. "We trust PEER 1 Hosting to provide us with both the 24/7 support we need to keep our business running, and the scalability we need in order to grow."

Each of the four PODs in the new data centre has the capacity for approximately 270 cabinets, equivalent to roughly 7,500 servers. The first POD, built at a capital cost of $10 million USD, includes 7,500 square feet of data centre space and an additional 8,000 square feet of office space, and inventory, network and storage areas to support the data centre.

The remaining three PODs (22,500 square feet) will be dedicated to additional data centre space and infrastructure to be built out in future phases based upon customer demand.

This will be PEER 1 Hosting's third data centre in Toronto and the company's 17th worldwide, adding to its managed network spanning 13,000 route miles of fibre.

    Resources
    -  Follow PEER 1 on Twitter: www.twitter.com/PEER1
    -  Download photos and video of the new data centre:
       http://peer1.com/blog

About PEER 1 Hosting

PEER 1 Hosting is one of the world's leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-of-breed technology, founded on a high performance 10GB SuperNetwork(TM) connected by 17 state-of-the-art data centres, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support(TM). PEER 1's portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and soon Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com or www.peer1hosting.co.uk.

Forward Looking Statements:

Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in PEER 1 Hosting's public filings with securities regulatory authorities.

SOURCE Peer 1 Network Enterprises, Inc.

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