Company hires Industry veteran Dominic Monkhouse to Lead Effort
VANCOUVER, British Columbia, April 27 /PRNewswire-FirstCall/ -- PEER 1
Network Enterprises, Inc. (TSX: PIX), a global online IT hosting provider, has
expanded its reach into Europe, with the opening of a European headquarters in
Southampton, United Kingdom, and named Dominic Monkhouse, managing director.
"We have seen consistent demand from our customers for a hosting facility
in Europe," said Fabio Banducci, president and CEO of PEER 1. "Strong demand,
favorable exchange rates, falling real estate prices and a UK market growth
rate of 25 percent make this an opportune time for PEER 1 to expand its
presence in Europe. The office will support more than 500 UK and
European-based customers, who currently utilize PEER 1's North American
hosting services, and expand quickly to help additional businesses manage
their online presence."
In addition to establishing its headquarters, PEER 1 has launched its
first data center in the UK, which strengthens the company's presence in
Europe alongside existing London and Amsterdam network Points-of-Presence
(PoPs). The data center offers managed and dedicated hosting services to PEER
1 and ServerBeach customers through an initial provision of 100 secure racks.
"The UK market is responsible for approximately 15 percent of global
managed hosting revenue. Over the past year, the UK market has seen growth
rates above the 25 percent mark, and even higher for some providers, despite
the economic condition," said Antonio Piraino, senior analyst for Tier1
Research. "Companies offering datacenter services in the UK are fast becoming
major hubs for customers as far afield as Eastern European and Middle East due
to the region's high level of expertise, language skills and connectivity."
As with PEER 1's existing global data centers, the UK location will
operate on a Cisco core with Foundry load balancing and Juniper dedicated
client firewalls. The data center will also deliver energy-efficient downflow,
eco-friendly cold-aisle containment, upstream IP transit direct to the PoP in
London, with redundant fibre connecting PEER 1's global SuperNetwork(TM) to
the data center, and UPS back-up and generator redundancy power.
PEER 1's wholly-owned SuperNetwork offers highly scalable and available
content delivery to customers through Fast-Ethernet and Gigabit-Ethernet
access over 13,000 miles of fibre connectivity. This content delivery network
(CDN) delivers faster connections and improved uptime to customers through its
powerful network backbone, alongside efficient single-source fault resolution
that eliminates reliance on third party carrier resolution.
"We rely on exceptional hosting and IT infrastructure service to deliver
successful high profile, rich media campaigns to our clients," said Matthew
Don, technical director at Skive, the London-based creative digital agency.
"With PEER 1 this is a given and having a PEER 1 office and data center at our
door step makes it even easier to focus and grow our core business, instead of
worrying about enterprise IT issues."
Dominic Monkhouse has been named managing director of the new PEER 1
European headquarters. The industry veteran is responsible for sales,
marketing and service, building upon PEER 1's FirstCall commitment to customer
support. Prior to joining PEER 1, Monkhouse served as managing director of IT
Labs, where he transformed the company into a fast-growing IT service provider
in the UK SMB market. Before his stint at IT Labs, Monkhouse was managing
director of Rackspace in the UK.
About PEER 1
PEER 1 believes in the limitless opportunity of the Internet, and the
business growth potential it provides for its more than 10,000 customers. As a
leading online IT hosting provider, PEER 1 offers a reliable high performance
Internet network supporting scalable managed hosting, dedicated hosting
through the ServerBeach brand, and co-location solutions. Backed by its 100
percent uptime guarantee and 24x7x365 FirstCall Support(TM), PEER 1 ensures
customers' online presence is always fast, always available. Since 1999, PEER
1 has grown to include 16 state-of-the-art data centers in North America and
points-of-presence in Europe. The company's headquarters are in Vancouver,
Canada and the stock is traded on the TSX under the symbol PIX. For more
information visit: www.peer1.com and www.peer1.com/uk.
For further information:
For further information: Media, Abigail Faylor, +1-425-452-5497,
email@example.com, for PEER 1; or Investors, Thomas McMillan, The
Equicom Group, +1-403-536-5903, firstname.lastname@example.org, for PEER 1
Network Enterprises, Inc. Web Site: http://www.peer1.com