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Pihana Pacific data centre to provide new options for ISPs, ASPs and large corporations

Announcement posted by Pihana Pacific 01 May 2001

Pihana Pacific, the first company to provide neutral Internet exchange (IX) data centre services in Asia/Pacific today announced it is extending its reach into Australia, with a 6000 square metre facility under construction at Mascot, Sydney. Pihana has raised US$236 million since being founded in 2000, including US$190 million in one of the largest private equity investments in Asia/Pacific history with Goldman Sachs as its lead investor.

Pihana's new facility combines, for the first time in Australia, full carrier neutrality with an advanced Internet switching (IX) platform that provides a peering point for business communications. The facility is designed to provide cost-effective co-hosting and peering for unlimited traffic exchange and other Internet services for ASPs, ISPs and large enterprises.

The facility completes Pihana's regional strategy, which includes facilities in the USA (Los Angeles and Honolulu), Japan (Osaka and Tokyo), Korea, Hong Kong and Singapore. This broad base provides customers with unprecedented geographic reach throughout the Asia/Pacific region.

Scheduled to open in June 2001, the Mascot facility will provide interconnections with any carrier network. The site's location - 400m from the Southern Cross Cable Station - ensures an abundance of carrier fibre adjacent to the centre. This will provide customers with the ability to choose their preferred carrier - or even to build in redundancy with access to several carrier networks. The new facility will also offer advanced switching, routing and peering capabilities for cost-effective, unlimited
traffic exchange.

Pihana's local operations are led by Doug Oates, general manager of Pihana Australia, and currently include a staff of seven, anticipated to rise to 23 by the end of the year.

"Pihana's IX data centres provide ISPs, ASPs, and multi-national corporations with a new option that offers commercial-grade routing environments for highly efficient route sharing, peering and unrestricted, un-metered local distribution of content," says Mr Oates.

"Adding neutrality to this equation gives our customers greater flexibility to choose their Internet provider as well as the provider of storage, security and billing services that best meet their needs."

Mr Oates adds that Pihana supports its services with 99.999% reliability via full redundancy, N+1 UPS and 24x7x365 access and support. Safety/security features will include atmosphere monitoring, laser fire sensors and biometric screening for access to data racks.

According to analyst group Ovum, the data center market will be worth US$55.8 billion by the year 2005. Ovum also says that the provision of data/co-location centres is 'accelerating the move towards the new IP-based 'e-economy'.

About Pihana Pacific
Founded in January 2000, Pihana Pacific is the first company to provide neutral Internet exchange (IX) data center services in Asia/Pacific. Pihana Pacific has raised $236 million in private equity funding since being founded. This includes $190 million in October of 2000 with one of the largest private equity financing rounds in Asian history, with lead investor Goldman Sachs. Pihana's other world class investors consist of Morgan Stanley Dean Witter Private Equity, LoneTree Capital, UBS Capital, GE Capital Telecom, Mori Building Co., Ltd, Hewlett-Packard, PacifiCap Group, Nifco investments and Pihana's founding investor Columbia Capital.

Headquartered in Honolulu, Pihana's Asia/Pacific presence includes a regional headquarters and network operations center in Singapore, a regional executive center in Hong Kong and sales offices in Tokyo, Seoul, Taipei, Sydney, San Francisco and Los Angeles. Pihana is a Hawaiian word meaning "fullness" and "completion" associated with a gathering. For more information, please visit www.pihana.com.
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