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PRESS RELEASE from provider: BusinessWire
This content is a press release from our partner BusinessWire. The AP newsroom and editorial departments were not involved in its creation.

STACK INFRASTRUCTURE Announces Combination of Data Center Assets to Create Scaled National Platform and Brand Launch

January 15, 2019

DENVER--(BUSINESS WIRE)--Jan 15, 2019--STACK INFRASTRUCTURE (“STACK” or “The Company”), the data center company built from the ground up to address the technology infrastructure needs of rapidly scaling enterprises and hyperscale companies, today announced the launch of its newly established platform and strategy. Leveraging an industry-leading management team, STACK combines existing operating data centers in six U.S. markets with unparalleled expansion and development capacity. STACK is sponsored by IPI Partners, an investor in data centers and other technology and connectivity-related real assets.

STACK is committed to being the data center industry leader in building and delivering flexible critical infrastructure solutions that meet and support the complex requirements of enterprise and hyperscale deployments. The Company’s offering includes hyperscale campuses and build-to-suit data centers (“HYPER STACK ™ ”), immediately available wholesale colocation and private data suites (“READY STACK ™ ”), and powered shell options (“POWER STACK ™ ”).

The existing STACK operating assets, totaling over 100 megawatts of capacity and approximately 1.5 million square feet in aggregate, include:

Assets previously marketed under the Infomart Data Centers brand: Ashburn, VirginiaPortland, OregonSilicon Valley, California Other assets already owned by IPI Partners: Atlanta, GeorgiaChicago, IllinoisDallas/Fort Worth, Texas (2)

STACK also owns development parcels in Atlanta, Chicago, Dallas/Fort Worth, Portland, and Silicon Valley available for additional future development, including data center campuses and build-to-suits. In addition, the Company will continue to expand in existing and new markets in the future to meet the growing demands of clients.

“The launch of STACK represents our collective vision, which is to address and support the full range of our clients’ critical technology infrastructure needs, both today and as they look to the future,” said Brian Cox, Chief Executive Officer. “Everything we do is designed to align our offering with our clients’ growth trajectories, so that we are always evolving to provide the solutions they need in the markets where they want to be.”

Mr. Cox joined STACK in October as Chief Executive Officer. To further support its growth, the Company has assembled a team purpose-built to implement its strategy, which includes a growing roster of veterans from both the technology and data center sectors. Key recent additions include Ty Miller, Donough Roche, and Rick Waddle who serve as Chief Revenue Officer, Chief Operating Officer, and Senior Vice President of Construction & Development, respectively. Mr. Waddle is the most recent addition to the senior leadership team. He heads STACK’s construction efforts to address increasing client demand and brings facilities operations and construction experience from senior roles at Dupont Fabros Technology and AOL. Additional strategic hiring announcements supporting the Company’s growth are expected to be made in the coming month.

“The launch of STACK is an important milestone in the execution of a carefully crafted strategy to bring a unique understanding of the needs of enterprise and hyperscale users to the market,” said Phil Koen, Chairman of the Board of Directors. “The board is incredibly pleased with the momentum that this team has achieved in such a short period of time and we are committed to supporting the business as it capitalizes on the numerous opportunities before it.”

For more information about STACK, please visit: www.stackinfra.com

About STACK INFRASTRUCTURE

STACK is a leading data center company built from the ground up to address the full stack of its clients’ critical infrastructure needs, today and into the future. The Company delivers a comprehensive suite of wholesale colocation, build-to-suit, and powered shell solutions in six markets today: Atlanta, Georgia; Chicago, Illinois; Dallas/Fort Worth, Texas; Northern Virginia; Portland, Oregon; and Silicon Valley, California. With unparalleled existing and flexible expansion capacity in the leading availability zones, STACK provides the scale and geographic reach that rapidly growing enterprises and hyperscale companies need. For more information, please visit www.stackinfra.com.

About IPI Data Center Partners Management, LLC

IPI Data Center Partners Management, LLC invests in data centers and other technology and connectivity-related real assets and is sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190115005472/en/

CONTACT: Media Contact:

iMiller Public Relations

Laura Pirmann

press@stackinfra.com

Tel: +1.866.307.2510

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE TELECOMMUNICATIONS OTHER TECHNOLOGY CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: STACK INFRASTRUCTURE

Copyright Business Wire 2019.

PUB: 01/15/2019 08:20 AM/DISC: 01/15/2019 08:20 AM

http://www.businesswire.com/news/home/20190115005472/en