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Fortune Data Centers Signs First Turnkey Customer to San Jose Facility

Low Cost Power via Direct Access Program Offers a Competitive Edge


News provided by

Fortune Data Centers

May 16, 2012, 08:00 ET

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SAN JOSE, Calif., May 16, 2012 /PRNewswire/ -- Fortune Data Centers has added Zoosk as its first turnkey customer at the San Jose facility. Zoosk, the romantic social network, will migrate from a retail colocation facility to Fortune's s wholesale data center. Fortune's turnkey solution offers a physically secured suite with dual independent power paths for tenant IT. Like other Fortune tenants, Zoosk's installation will benefit from state of the art energy efficiency—including 100% aisle containment, as well as the ability to take advantage of Fortune's low cost Direct Access power.

(Logo: http://photos.prnewswire.com/prnh/20111004/SF79865LOGO)

According to Shayan Zadeh, co-founder and co-CEO of Zoosk, "We looked at all available options and found Fortune Data Centers to be the best fit for our situation, and their turnkey option meant that we could get all the advantages of a wholesale data center while giving us the simplest solution. We valued their design to support our IT infrastructure, and are confident they can support our fast-paced growth."

Fortune's CEO John Sheputis commented, "Providing Zoosk with an easy turnkey solution is an important offering for the company. We've got a simple and cost-effective option for growing retail colocation customers who are ready to step up to wholesale, but don't want to manage the costs or complexity of building out their own suite."

Update on Fortune's Direct Access Program

In 2011, Fortune's San Jose facility became the first data center in California to competitively procure power for its tenants through the California Public Utilities Commission Direct Access program, achieving nearly a 4 cent/kWh reduction in cost versus the comparable summer utility tariff.

Since then Fortune has realized substantial savings that are passed to its tenants. By competitively bidding the power supply contract, Fortune is now delivering power costs of 8.5 cents/kW. "The benefits of direct access have far exceeded our expectations. We have saved our tenants more than $1 million dollars annually on their power costs," said Sheputis. "We believe Fortune now has the lowest power costs of any Silicon Valley data center. Fortune's current delivered cost of power is 30% below the comparable PG&E tariff and 16% lower than the comparable tariff from Silicon Valley Power," Sheputis added.

About Fortune Data Centers

Fortune Data Centers (www.fortunedatacenters.com) builds, owns and operates highly efficient and cost-effective wholesale data centers. Fortune's San Jose and Portland facilities meet or exceed the toughest industry standards for data centers in all operational categories of availability, security, connectivity, and physical resilience. Fortune's San Jose data center has maintained 100% reliability with no services outages since it went online in 2009. Fortune is a privately held company, founded in 2006.

Zoosk®, Zoosk's Scientific Matchmaking Service and ZSMS are trademarks or service marks of Zoosk, Inc. All other trademarks or names referenced are the property of their respective owners.

SOURCE Fortune Data Centers

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