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Q9 Investing up to $50 Million in New Calgary Data Centre
Largest initial investment in data centre capacity includes building and property
Toronto, ON - August 21, 2008 - Q9 Networks Inc. (TSX:Q) is pleased to announce it has acquired a building and property in the Calgary, Alberta area to house its third data centre in the city. Q9 invested $20 million in the building and property and intends to invest up to $30 million more to build out an initial capacity of 1,200 cabinet equivalents. The first phase of capacity in this facility is expected to open in the summer of 2009.
The new facility has a potential total capacity of more than 10,000 cabinet equivalents. Capacity will be brought on-stream in a phased approach as required.
The investment, Q9's largest initial investment in a single facility to date, is in response to continued strong demand for high-availability data centre space and comes just over a year since Q9 opened its second Calgary data centre. Including today's announcement, Q9 will have invested approximately $85 million in the Calgary market.
The data centre's infrastructure will be built to the same exacting standards as all Q9 data centres and is expected to include such features as outside air cooling capability to maximize energy efficiency, biometric security systems, multiple connections to the Internet, redundant power, HVAC and fire suppression systems, as well as 7x24 on-site security and technical support teams.
"Today's announcement represents our commitment to maintaining and growing our leadership position in the Calgary market," said Osama Arafat, Chief Executive Officer, Q9 Networks. "With this investment, we are demonstrating to our customers that we can grow along with them for the foreseeable future. We are excited by the opportunity this expansion represents and look forward to continuing to serve this market with state-of-the-art facilities and services."
Q9 designs, builds and operates its data centres to meet the most demanding IT infrastructure requirements, including the increased power and cooling demands of today's high density computing devices. Customers connect to the Internet via Q9's unique network and are protected by Q9's 100 percent, SLA-backed uptime guarantees on both power and network availability. Customer equipment and data centre environmental parameters are monitored 7x24 by Q9's Control Centre, staffed by experts versed in all aspects of IT and facilities management.
About Q9 Networks
Q9 Networks is a leading Canadian provider of outsourced data centre infrastructure for organizations with mission-critical IT operations. Q9's data centres and network are backed by an industry leading SLA which guarantees 100% network and power availability. Q9 managed services, including: bandwidth, dedicated servers, firewalls, load balancing, virtual private networking (VPN) and back-up/restore, enable the rapid provisioning and scalability of client infrastructure.
For further information, please contact:
Kevin Spikes
Director of Corporate & Investor Relations
Q9 Networks Inc.
Toronto: 416-848-3311
Toll Free: 1-888-696-2266
media.relations@Q9.com
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