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2014

Colo5 Announces Purchase of Additional Jacksonville Data Center

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JACKSONVILLE, Fla., June 14 /PRNewswire/ -- Colo5, a leading independent data operator headquartered in Jacksonville, Florida, today announced the purchase of a free-standing data center in Jacksonville, providing an additional 20,000 square feet of space to be used for its rapidly expanding colocation and data recovery services platforms. Terms of the purchase were not disclosed. The company presently operates a 122,000 square feet, Hurricane Category 5 rated facility on Spring Park Road in Jacksonville. The company began operations in late 2008 and has witnessed impressive growth since.

Colo5's CEO, Doug Recker commented, "We are excited to have acquired a new additional data center in Jacksonville, given the increasing demand for our services. We've employed a model of smart growth and solid execution since inception, and we are especially pleased to offer a natural extension of our services to our growing customer base."

Colo5 expects to complete a state-of-the-art buildout of its new facility and begin welcoming new customers within the next three months. The company expects to offer a robust package of fiber, power, and managed services to its customers.

Recker noted, "We expect to expand our footprint regionally as opportunity and demand dictate. Having the financial flexibility and resources to play 'offense' when many folks in our space are financially constrained enables us to move intelligently, offer compelling price-competitive service offerings while providing best-in-class execution."

About Colo5, LLC

Colo5 is a leading independent data center operator offering secure and hardened colocation and data recovery services to customers nationwide. With over 140,000 square feet of dedicated facilities, Colo5 provides state-of-the-art security, redundant power systems, and a robust fiber network optimized for performance and speed to a host of demanding customers. Headquartered in Jacksonville, Florida, the company's core infrastructure is rated to withstand hurricane category 5 forces to ensure maximum reliability and peace of mind. Colo5's data centers are designed to accommodate the changing power density and cooling needs of the colocation market while maintaining consistently superior levels of customer service and support. For more information on Colo5's data center services, visit www.colo5.com.

SOURCE Colo5, LLC



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http://www.colo5.com

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