Charlotte, North Carolina – (The Hosting News) – March 24, 2009 –
Independent data center operator and managed services provider, Peak 10, Inc., has reported continued, steady growth despite the challenges of the current economic standing.
David H. Jones, president and chief executive officer at Peak 10 remarked, ”We have taken deliberate, calculated steps towards enhancing data center capacities and to offer outsourced solutions that reduce customer operating risks. We are increasing productivity, maximizing efficiencies and scale of operations so our valued clients may steadily thrive despite the volatility of our current business environment. We encountered a similar, perhaps not as pervasive, downturn in the 2001-2002 early phase of our company’s growth. We learned important lessons then and have kept those core operating principles as we have grown.”
The investments made in 2008 in managed services and data center buildouts have already paid dividends. 2009 will bring additional facility enhancements and advanced service offerings for Peak 10. Leveraging its $60 million extended RBC credit facility secured in the spring of 2008, the company has remained on an investment path to meet ongoing customer demand.
Founded in 2000, Peak 10 has strategically expanded its footprint throughout the Eastern U.S. The company built its initial facilities, acquired facilities from companies that did not survive the technology downturn in 2001-2002, and then acquired established data center companies in Louisville, Ky., Nashville, Tenn., and Richmond, Va. In 2007, Peak 10 expanded into Atlanta, Ga. and also added a second facility at its Jacksonville, Fla. location. 2008 brought further growth with the opening of a greenfield facility in Cincinnati, Ohio as well as expansions in Nashville, Tenn. and Raleigh, N.C, where additional state-of-the-art, fully-commissioned facilities were added to meet existing and new customer demand. Further Peak 10 success-based expansions in established markets are planned for 2009 to allow for further customer growth.
Peak 10’s progressive infrastructure development has been complemented by the creation of management roles to increase focus on customer service and satisfaction. Often promoting from within, the company recently advanced seasoned Peak 10 general managers Greg Rollet and Allen Skipper to regional vice president positions. Earlier this year Mark Whetstone, an industry veteran from M3 Technology Group, joined Peak 10 as vice president of business development in a move by the company to expand its visibility in strategic markets and to further enhance its partner business relationships.
Dan Wixon, vice president of service delivery for Peak 10 noted, ”We are among a select group of IT services providers that have continued to invest significant capital in the construction of new facilities and enhancement of service portfolios. Our main focus is investing in our customers