OptiGlobe Launches Most Advanced Data Center in Argentina

Apr 04, 2001, 01:00 ET from OptiGlobe

    BETHESDA, Md., April 4 /PRNewswire/ -- OptiGlobe(TM), the leading provider
 of mission-critical Internet Data Center (IDC) services in Latin America,
 announces the opening of its second Latin American data center located in
 Buenos Aires, Argentina.  The $100 million center marks OptiGlobe's continued
 expansion in the Latin American market.  The company opened its first IDC in
 Sao Paulo, Brazil last November and plans to launch its third IDC in Rio de
 Janiero, Brazil later this month.
     OptiGlobe offers customers a full range of in-region hosting, collocation,
 IP connectivity, tier-1 peering, managed services, and provides the highest
 level of security and redundancy of all systems for mission critical needs.
 Additionally, the company's carrier-neutral infrastructure lets customers
 choose high-speed Internet connections from all the major telecom providers
 for cost, reliability and diversity benefits.  OptiGlobe is targeting the Web
 hosting and enhanced data collocation markets in Latin America which are
 experiencing explosive growth.  According to International Data Corporation,
 demand for these services is expected to surge to a projected $3.7 billion by
 2005 in OptiGlobe's target markets.
     "The Buenos Aires center uses fifth-generation technology that enables us
 to offer an unmatched level of reliability and service," said Scott Puritz,
 chairman and CEO, OptiGlobe.  "We will replicate this state-of-the-art
 approach as we expand throughout the region and bring the powerful benefits of
 the Internet to Latin America."
     The Buenos Aires IDC -- constructed in a record time of eight months -- is
 launched with 125,000 square feet of raised-floor capacity, expandable to a
 total of 330,000 square feet, and can host up to 18,000 servers in its initial
 configuration.  The IDC is equipped with a diverse power grid, multiple cold
 water sources, multiple fiber optic conduit banks, guaranteed power supply,
 security and fire systems-a combination that is impossible for individual
 businesses to duplicate.  Each center also has highly-trained engineers and
 technical teams who offer unmatched levels of expertise 24 x 7.
     "OptiGlobe brings a new level of reliability, security and expertise to
 the Argentine market, making outsourcing mission critical applications a safe
 and cost-effective decision for major enterprises in the region," said
 Jonathan Whittle, country manager of OptiGlobe Argentina.
 
     About OptiGlobe
     OptiGlobe (http://www.OptiGlobe.com), headquartered in Bethesda, MD, with
 operations throughout Latin America, is building the region's most extensive
 network of world class 5th generation Internet Data Centers to provide
 businesses with new levels of performance, reliability and scalability for
 their mission-critical Web hosting, managed services and Internet connection
 needs.  The company operates a 159,000 square ft. facility in Sao Paulo, a
 125,000 square ft. facility in Buenos Aires, and is preparing to launch a
 third Internet Data Center in Rio de Janeiro later this month.  Sites in
 Mexico City and Santiago are under development.  OptiGlobe has a capital base
 of approximately $700 million in equity financing and vendor commitments and
 is fully funded in its core plan.  Equity investors include: Telecom Partners,
 Norwest Ventures, Morgan Stanley Dean Witter & Co., Merrill Lynch
 & Co., First Union, Bank of Boston, Credit Suisse First Boston, CIBC, Mellon
 Bank, EMC, AES, Banco Santander Central Hispano, Racional and Votorantim
 Venture Capital.
 
 

SOURCE OptiGlobe
    BETHESDA, Md., April 4 /PRNewswire/ -- OptiGlobe(TM), the leading provider
 of mission-critical Internet Data Center (IDC) services in Latin America,
 announces the opening of its second Latin American data center located in
 Buenos Aires, Argentina.  The $100 million center marks OptiGlobe's continued
 expansion in the Latin American market.  The company opened its first IDC in
 Sao Paulo, Brazil last November and plans to launch its third IDC in Rio de
 Janiero, Brazil later this month.
     OptiGlobe offers customers a full range of in-region hosting, collocation,
 IP connectivity, tier-1 peering, managed services, and provides the highest
 level of security and redundancy of all systems for mission critical needs.
 Additionally, the company's carrier-neutral infrastructure lets customers
 choose high-speed Internet connections from all the major telecom providers
 for cost, reliability and diversity benefits.  OptiGlobe is targeting the Web
 hosting and enhanced data collocation markets in Latin America which are
 experiencing explosive growth.  According to International Data Corporation,
 demand for these services is expected to surge to a projected $3.7 billion by
 2005 in OptiGlobe's target markets.
     "The Buenos Aires center uses fifth-generation technology that enables us
 to offer an unmatched level of reliability and service," said Scott Puritz,
 chairman and CEO, OptiGlobe.  "We will replicate this state-of-the-art
 approach as we expand throughout the region and bring the powerful benefits of
 the Internet to Latin America."
     The Buenos Aires IDC -- constructed in a record time of eight months -- is
 launched with 125,000 square feet of raised-floor capacity, expandable to a
 total of 330,000 square feet, and can host up to 18,000 servers in its initial
 configuration.  The IDC is equipped with a diverse power grid, multiple cold
 water sources, multiple fiber optic conduit banks, guaranteed power supply,
 security and fire systems-a combination that is impossible for individual
 businesses to duplicate.  Each center also has highly-trained engineers and
 technical teams who offer unmatched levels of expertise 24 x 7.
     "OptiGlobe brings a new level of reliability, security and expertise to
 the Argentine market, making outsourcing mission critical applications a safe
 and cost-effective decision for major enterprises in the region," said
 Jonathan Whittle, country manager of OptiGlobe Argentina.
 
     About OptiGlobe
     OptiGlobe (http://www.OptiGlobe.com), headquartered in Bethesda, MD, with
 operations throughout Latin America, is building the region's most extensive
 network of world class 5th generation Internet Data Centers to provide
 businesses with new levels of performance, reliability and scalability for
 their mission-critical Web hosting, managed services and Internet connection
 needs.  The company operates a 159,000 square ft. facility in Sao Paulo, a
 125,000 square ft. facility in Buenos Aires, and is preparing to launch a
 third Internet Data Center in Rio de Janeiro later this month.  Sites in
 Mexico City and Santiago are under development.  OptiGlobe has a capital base
 of approximately $700 million in equity financing and vendor commitments and
 is fully funded in its core plan.  Equity investors include: Telecom Partners,
 Norwest Ventures, Morgan Stanley Dean Witter & Co., Merrill Lynch
 & Co., First Union, Bank of Boston, Credit Suisse First Boston, CIBC, Mellon
 Bank, EMC, AES, Banco Santander Central Hispano, Racional and Votorantim
 Venture Capital.
 
 SOURCE  OptiGlobe