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Momentum Opens New Toronto Data Center
Market Wire, August, 2007
Momentum Advanced Solutions Inc. (TSX: WWW), ("Momentum"), a leader in the emerging world of Internet outsourcing, is pleased to announce the opening of its new high-density Toronto data center. The 19,000 sq. ft standalone facility is currently conditioned for 8,000 sq. ft of raised floor and has expansion capacity for up to 12,000 sq. ft. At full capacity, the new Internet data center can accommodate approximately 500 cabinet equivalents giving Momentum, when combined with its Markham data center, a total capacity of approximately 725 cabinet equivalents.
According to Tier1Research, North American demand for outsourced data center space has increased by 15% over the last twelve months while during the same period, supply increased by a modest 6%.
Tier1Research has identified three primary drivers for this increase in demand. The first is that regulatory compliance is serving as a catalyst for enterprises to maintain business continuity. Second, is that rising power and cooling requirements associated with high-density computing has rendered many existing data centers obsolete. The third driver is simply a function of the continued growth in Internet applications and content serving both businesses and consumers alike.
"Demand for high density, secure, outsourced data center space in Canada appears to be quite strong, while the barriers to entry remain quite high", stated Sheldon Pollack, CEO of Momentum. Mr. Pollack went on to say that "with access to a large, highly certified technical resource pool, Momentum is able to offer it s customers a choice of high-touch managed hosting or co-location services. Now, with our new data center I believe we have an adequate supply of space to meet our near term growth objectives."
The new data center has been specifically designed to be highly secure and capable of powering and cooling the latest in "high density", Blade technologies. As demand dictates, it is expected that the new facility will accommodate power density of 300 watts per square foot. Other features of the data center will include:
- Highly secure single purpose data center on one level
- Protective cinder block corridor surrounding entire data center
- 30" Raised Floor to allow for maximum airflow
- Biometric security with man-trap
- Secure and gated driveway entrance
- Dual Path internal power grids
- Parallel UPS with diesel generator backup
- Office space with meeting rooms, cafeteria, etc.
- Diverse fibre from four telecom providers
- 2N Power distribution.
- Close proximity to hydro substation.
- 10,000 litre diesel storage capacity
Forward Looking Statement
Readers should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks and uncertainties. These forward-looking statements include statements that are subject to risks and uncertainties. Forward-looking statements are subject by their nature to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the forward-looking statements. Any forward-looking statements speak only as of the date made. The company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.
About Momentum Advanced Solutions Inc.
Momentum is a leader in the emerging world of Internet outsourcing. Momentum s Internet outsourcing solutions provide our customers with the Innovation, Integration and Operations expertise required to allow them to successfully reduce costs and/or improve productivity by outsourcing to us any or all of their mission critical web-based applications and Managed Internet infrastructure. Headquartered in Markham, Ontario the Company has offices in Ottawa, Windsor and Toronto. Momentum Advanced Solutions is publicly traded on the Toronto Stock Exchange and trades under the symbol "WWW".
Contacts: Momentum Advanced Solutions Inc. Sheldon Pollack Chief Executive Officer (905) 709-6825 Email: Sheldon.Pollack@Momentum.com Momentum Advanced Solutions Inc. Phil De Leon President (905) 709-6822 Email: Phil.DeLeon@Momentum.com Website: www.momentum.com