Internap Announces $15 Million 3-Year CDN/IP Deal.Strategic Relationship with Quality Technology Services Quality Technology Services Holding LLC provides Internet infrastructure and network services. Quality Technology Services include network bandwidth, application management, server management, and databases and security, media streaming, and colocation. to Serve Increasing Enterprise Demand ATLANTA -- Internap Network Services Corporation Internap Network Services Corporation, commonly referred to as Internap, provides computer network routing services and operates several data colocation centers throughout the world. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : INAP (Intelligent Network Application Part) An IN (Intelligent Network) protocol used in a European SS7 network to query databases for a variety of functions not related to call setup and tear down. INAP uses the ASN.1 standard for defining message content. See SS7 and ASN.1. ), a global provider of fast, reliable end-to-end Internet business solutions, today announced it has entered a three-year strategic relationship with Quality Technology Services (QualityTech), one of the nation's largest privately held providers of data center facilities and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality . Under terms of the agreement, Internap will be the preferred provider of content delivery network (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) services and the exclusive provider of IP connectivity services to all of QualityTech's customers, including 350 recently acquired enterprise accounts. The contract represents revenues of approximately $15 million for value-added CDN and IP over the three-year term. This agreement significantly strengthens Internap's position as a leader in the Internet solutions category and elevates QualityTech's ability to provide a world-class bundled solution delivering The Ultimate Online Experience(TM) to its customers. "This is one of the largest agreements in Internap's history and another significant win in the CDN/IP space. QualityTech's decision to select Internap for value-added Internet solutions validates our strategy of providing best-in-class, bundled solutions to meet the demands of enterprise customers," said James P. DeBlasio, president and chief executive officer of Internap. "We are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that an increasing number of high quality service providers, like QualityTech, appreciate the highly differentiated approach inherent in Internap's route optimized CDN and IP solutions. We look forward to providing the industry's best service levels and technology solutions to QualityTech's customers moving forward." Through Internap's premium IP service, which uses Private Network Access Points (P-NAPs) to speed Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. from one location to another, QualityTech's customer traffic will avoid the congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. and bottlenecks of traditional single-carrier networks. The service includes proactive technical service and support - all backed by proactive Service Level Agreements (SLAs) for 100% uptime. Internap's CDN is also the industry's only global, high-capacity solution that takes advantage of this unique multi-carrier architecture. Both solutions benefit from Internap's proprietary intelligent route control technology to ensure the consistent, reliable performance of mission-critical applications. As part of the agreement, Internap will take down space in multiple QualityTech world-class data center facilities to help satisfy current and future market demand. QualityTech's data centers feature industry-leading standards for security, environmental control and scalability. The infrastructure will support high power density deployments and is designed to provide maximum power and cooling up to 150 watts per square-foot. As a result, Internap can better meet the high power density needs of enterprises with increasingly complex applications, such as rich media and streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. . "With our recent growth, QualityTech was at a tipping point The point in time in which a technology, procedure, service or philosophy has reached critical mass and becomes mainstream. See network effect. See also tip and ring. and needed to join forces with the right partner to enable our customers' ability to reliably deploy mission-critical applications," said Mark Waddington, president of QualityTech. "As IP-based communications converge and the demand for networked services increases, our combined solution with Internap is a major step towards delivering the highest level of performance for our clients and supporting the unique requirements for emerging technologies such as streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. and video." QualityTech provides day-to-day IT operational support to improve operational efficiencies, mitigate risks and control costs associated with managing information technology infrastructure. Additional managed services, such as planning and consulting, configuration and implementation are also available to help meet IT requirements for deploying complex Internet applications. Both Internap and QualityTech will provide solutions to enterprises in industries ranging from financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and e-commerce to gaming, media and entertainment. About Quality Technology Services Quality Technology Services (QualityTech) is a world-class managed services and IT infrastructure company providing Managed Services, Data Center facilities, and Professional Services to businesses. Services are delivered via a national footprint of secure state-of-the-art Data Centers, a high-performance backbone and content delivery network, and an ITIL (Information Technology Infrastructure Library, www.itil.co.uk) One of the more comprehensive as well as non-proprietary and publicly available sets of guidelines for "best practice" IT services management, owned by the British Office of Government Commerce (OGC). certified world-class services organization. QualityTech provides enterprises the ability to deploy, manage and scale their mission-critical IT operations for optimum performance and cost-efficiency. For more information about Quality Technology Services, please visit www.qualitytech.com or call toll free 866.210.8238. About Internap Internap is a leading Internet solutions provider that manages, delivers and distributes applications and content with unsurpassed performance and reliability. With a global platform of data centers, managed IP services, content delivery network (CDN), and content monetization services, Internap frees its customers to drive innovation inside their business and create new revenue opportunities. More than 3,000 companies across the globe trust Internap to help them achieve their Internet business goals. Internap is "Making Innovation Possible." For more information visit www.internap.com. Internap "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Certain information included in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements, other than statements of historical facts, including, among others, statements regarding the performance of our products, business strategy, projected levels of growth, and projected costs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of Internap and members of our management team, as well as the assumptions on which such statements are based. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that actual results may differ materially from those contemplated by forward-looking statements. Other important factors that may affect Internap's business, products, results of operations and financial condition include, but are not limited to: our ability to sustain profitability; our ability to respond successfully to technological change; the availability of services from Internet network service providers or network service providers providing network access loops and local loops on favorable terms, or at all; failure of third party suppliers to deliver their products and services on favorable terms, or at all; failures in our network operations centers, network access points or computer systems; the ability to successfully integrate the operations of Internap and VitalStream Holdings, Inc.; and our ability to protect our intellectual property. Our Annual Report on Form 10-K/A, subsequent Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , recent Current Reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. and other Securities and Exchange Commission filings discuss the foregoing risks, as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. We undertake no obligation to revise or update any forward-looking statement for any reason. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion