Global Data Center Services Provider CyrusOne Sets Sights on Northern Virginia

Company shares plans for construction of new enterprise-class multi-tenant data center in Loudoun County

DALLAS--()--Global data center services provider CyrusOne (NASDAQ: CONE) announced today its plans to build an enterprise-class multi-tenant data center on property it recently purchased in the Loudoun Tech Center in Sterling, Va. This will be the first data center facility CyrusOne has built to serve the East Coast market.

“The purchase of acreage in Northern Virginia is the first step in extending CyrusOne’s presence to the East Coast,” said Gary Wojtaszek, president and chief executive officer of CyrusOne. “We’re very excited to bring our unique approach to providing colocation solutions for Fortune 1000 enterprise customers to a market such as Northern Virginia, which has superior fiber connectivity options and a steady absorption rate of new space. Locating a data center in Loudoun County will allow us to meet existing customer demand for space in the region, and we expect to begin development of our new facility in the second quarter of 2014.”

The 14 acres that CyrusOne has purchased is expected to accommodate a shell of approximately 400,000 square feet with up to 240,000 square feet of raised floor space and with 36,000 square feet of Class A office space and up to 48 megawatts of critical load. The first phase of construction includes a 124,000-square-foot shell with 60,000 square feet of raised floor space, 15,000 square feet of office space and 12 MW of critical load.

“Adding a world-class operator like CyrusOne to the many established companies in Data Center Alley is further evidence of the importance to Loudoun as a technology location,” said Loudoun County Board of Supervisors Chairman Scott York. “Facilities like these highlight why Loudoun is primed to continue as a technology and data capital for the 21st century.”

CyrusOne plans to build the new facility using its innovative Massively Modular® design engineering approach. Massively Modular optimizes materials sourcing and enables delivery of industry-leading energy optimization and just-in-time data hall inventory to meet customer demand. CyrusOne expects the first phase of the new site to be completed during 2014.

“Loudoun County continues to be a proven winner for secure network infrastructure,” said Matt Letourneau, Chairman of the Board of Supervisors Economic Development Committee. “With competitive electricity rates, excellent reliability, and abundant fiber, we offer unmatched content distribution capability. In addition, we have one of the most highly educated workforces in the nation, and our location offers outstanding access to the entire East Coast.”

“I want to personally commend the Loudoun County Board of Supervisors’ efforts to further improve data center development and operating conditions in the county,” added Wojtaszek. “We also appreciate the assistance we received from the county Department of Economic Development during the site selection research and due-diligence process for this property acquisition. Ours is a customer-service-oriented business, and we look for that same spirit of collaboration in the communities where we operate.”

Delivering Best-in-Class Enterprise Facilities, Connectivity, and Open-IX Certification

CyrusOne specializes in highly reliable enterprise data center services and colocation solutions, and engineers its facilities to include the power-density infrastructure required to deliver excellent availability, including an available highest possible power redundancy (2N) architecture.

Customers have access to the CyrusOne National Internet Exchange (National IX), which marries low-cost robust connectivity with the massively scaled data centers that the company is known for by creating the first-ever data center platform that virtually links a dozen of CyrusOne’s enterprise facilities in multiple metropolitan markets.

The CyrusOne National IX, coupled with the company’s multiple dispersed locations and available 100 percent uptime, enables Fortune 500 enterprises to implement cost-effective, multi-location data center platforms that can help manage their internal disaster recovery requirements and applicable regulatory or industry-specific requirements such as Sarbanes Oxley, HIPAA, and PCI.

CyrusOne was also recently the first to receive multi-site data center certification from the Open-IX (OIX) Association. This certification highlights that CyrusOne facilities have achieved the highest quality for power, cooling, security, and, most importantly, for carrier neutral connectivity. The OIX Association has a mandate to promote resilient interconnection in hub cities to facilitate a more resilient Internet.

With 25 carrier-neutral data center facilities across the United States, Europe, and Asia, CyrusOne provides customers with the flexibility and scale to match their specific growth needs. The company is renowned for exceptional service and for building enduring customer relationships and high customer satisfaction levels. Customers include nine of the Fortune 20 companies and more than 125 of the Fortune 1000.

For more information about CyrusOne, call 1-866-CYRUSONE (1-866-297-8766) or visit www.cyrusone.com. Connect with us on Google Plus, LinkedIn, Twitter, and Facebook.

About CyrusOne

CyrusOne (NASDAQ: CONE) specializes in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for more than 600 customers, including nine of the Fortune 20 and more than 125 of the Fortune 1000 companies.

CyrusOne’s data center offerings provide the flexibility, reliability, and security that enterprise customers require and are delivered through a tailored, customer service-focused platform designed to foster long-term relationships. CyrusOne’s National IX platform provides robust connectivity options to drive revenue, reduce expenses, and improve service quality for enterprises, content, and telecommunications companies. CyrusOne is committed to full transparency in communication, management, and service delivery throughout its 25 data centers worldwide.

Contacts

gyro for CyrusOne
Lisa McLaughlin, +1 513-346-3487
cyrusone@gyro.com

CyrusOne's new multi-tenant data center in Northern Virginia will include 240,000 sq ft of raised-floor space, 36,000 sq ft of Class A office space and up to 48 MW of critical load when completed. (Photo: Business Wire)

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Release Summary

Global data center services provider CyrusOne will build an enterprise-class data center in northern Virginia. This is the first facility CyrusOne has built to serve the East Coast market.

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Contacts

gyro for CyrusOne
Lisa McLaughlin, +1 513-346-3487
cyrusone@gyro.com