Internap Will Expand Boston Data Center: May 2008 Update

Internap Network Services (INAP) will add approximately 15,000 square feet of colocation to meet strong customer demand for space, the company said today. Internap's new space is located in a stand-alone 45,000 square foot facility adjacent to its existing Boston data center, and will come online in the fourth quarter ?of this year.

"This initiative is part of our strategic plan to enhance data center offerings in key markets," said James DeBlasio, chief executive officer of Internap. "With this expansion in Boston, Internap now has its ninth owned facility and a total of 43 colocation service points, demonstrating our commitment to serving our customer's growth requirements now and in the future."

Internap now has a total data center footprint of 185,000 square feet, including 103,000 square feet managed by Internap and 81,000 square feet in colocation centers. About 141,500 square feet is occupied for a 76 percent fill rate.

On Tuesday the company lowered its revenue projections, citing slower growth due to fallout from outages and customer credits in its CDN network.