Darwin Networks Selected By PS Business Parks To Bring High-Speed Internet Access To More Than 150 Commercial Properties; Agreement Covers Over 12 Million Square Feet Of Office Flex Space In 11 States.Business/Real Estate Editors LOUISVILLE, Kentucky--(BUSINESS WIRE)--July 25, 2000 Darwin Networks, a leading provider of high-speed Internet See broadband. access and network solutions, was recently selected to provide services for the entire portfolio of properties owned and operated by PS Business Parks, Inc. (AMEX AMEX See: American Stock Exchange : PSB PSB Pet Shop Boys (band) PSB Public Service Broadcasting (radio and television) PSB Public Service Board (Vermont) PSB Public Security Bureau (China) ). PS Business Parks is a fully integrated, self-managed real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) with more than 150 office park facilities located in several Southern, Midwestern and Western states, concentrated in California, Texas, Oregon, Virginia and Maryland. These facilities are used for manufacturing, assembly, storage, warehousing, distribution, research and development activities. Darwin Networks will service the PS Business Parks properties using its proven high-speed wireless, wireline and satellite technologies, providing each individual client with cost-effective, dependable and secure Wide Area Network (WAN) solutions and high-speed Internet access. "Our selection of Darwin Networks is another example of our continued commitment to provide our tenants with access to services that support their long-term growth," said Jeff Reinstein, vice president of PS Business Parks. "What sets Darwin Networks apart from other Internet access providers See ISP. (networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers. is its willingness to provide services in circumstances where other companies would not." Within the commercial market, Darwin Networks concentrates on small and mid-sized enterprises that need the same high-speed connectivity as larger organizations, but don't have the resources to secure dedicated fiber optic connections. As economical alternatives for the nation's millions of small to mid-sized businesses, Darwin Networks offers fixed wireless, wireline (e.g. DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , T1) and even satellite-based solutions. "Our partnership with PS Business Parks further solidifies its reputation as an innovative commercial property company focused on the future of technology," said Joel Coleman, president of Darwin Networks' Commercial Division. "They recognize that high-speed Internet access is essential to businesses in the new electronic economy, and that our guaranteed services will help keep them ahead of their competition." About PS Business Parks: PS Business Parks is a self-advised and self-managed equity real estate investment trust specializing in the ownership, management, acquisition, development and redevelopment of business parks containing principally office "flex" space. The Company defines "flex" space as buildings that are configured with a combination of office and warehouse space and can be designed to fit an almost limitless number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse under one roof). As of March 31, 2000, PSBP had interests in approximately 12.5 million net rentable square feet with approximately 3,800 customers located in 11 states, concentrated primarily in California (4,588,000 sq. ft.), Texas (3,034,000 sq. ft.), Oregon (1,169,000 sq. ft.), Virginia (1,612,000 sq. ft.) and Maryland (1,104,000 sq. ft.). Additional information about PS Business Parks, Inc. is available on the Internet. The Company's web site is www.psbusinessparks.com. About Darwin Networks: Darwin Networks provides high speed Internet access See how to access the Internet. and network solutions to small and medium-sized businesses; office, flex, industrial and retail properties; apartment, condominium and student housing complexes; hotels and telephone companies; using various wireless and wireline technologies. The company has agreements in place and in progress to launch services in approximately 1,200 locations in over 40 states and Canada. The Louisville, Kentucky-based company offers a full complement of marketing and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , including training, to assist business owners, property managers and their staffs in marketing and implementing these new services. Additionally, Darwin is the nation's premier provider of public Internet access kiosks. To date, the company has installed hundreds of units throughout the country, in hotels, restaurants, tourist/travel centers, cafes, airports, and more. The company also produces, installs and operates multimedia kiosks designed for retail/eCommerce, interactive information distribution, communications, entertainment, advertising and other uses. Darwin Networks has corporate offices in Louisville, KY, Seattle, WA and Boston, MA Walnut Creek Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , CA and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA. The company's investors include Broadband Solutions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (led by Chrysalis chrysalis (krĭs`əlĭs): see pupa. Ventures, LLC), Paul Allen's Vulcan Ventures, Richland Ventures, River Cities Capital and associates of Moore Capital. For more information about Darwin Networks, please visit www.darwin.net. |
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