Cogent Launches Data Centers with Free Rack Space
WASHINGTON, D.C., October 1, 2002 - Cogent Communications Group, Inc. (AMEX: COI), a Tier One, next generation, optical Internet service provider, announced today that they have upgraded the PSINet data centers with Cogent connectivity and effective immediately, will begin to promote the three data centers acquired through the purchase of PSINet assets. The locations of the data centers are Los Angeles, New York City and Herndon, Virginia.
Each data center (or colocation facility) will provide rack space and connectivity to Cogent's dedicated, all optical Internet transit service. Connections will be available at $30 per megabit for 100 and 1,000 Mbps speeds.
"We are taking a very unique approach to colocation by enabling prospects who operate outside of Cogent's footprint to get access to the largest capacity, lowest priced data network in the country," said Dave Schaeffer, CEO Cogent Communications. "By combining one of the highest quality networks in the country with a highly secure and reliable data center, Cogent is once again providing a value to the customer that will be nearly impossible for other providers to match."
Cogent is launching a promotion of free rack space when customers, enterprises and service providers, purchase a 100 or 1,000 Mbps connection at any of the three colocation facilities. Included with the rack space are one fast Ethernet port, 2 20-amp circuits, uninterruptible power, secure facilities and full environmental controls.
About Cogent Communications
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This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, successful completion or expansion of the network, our connection to the Internet requires us to obtain and maintain relationships with other providers, our rights to the use of the dark fiber that make up our network may be affected by the financial health of our fiber providers, we often are limited in choices for metropolitan fiber suppliers and we will need to obtain or construct additional building laterals to connect buildings to our network. Additional general factors include competition, changes in technology and methods of marketing, and various other factors beyond the Company's control.