PCM, Inc. (NASDAQ: PCMI) announced today that it will commence construction on a new cloud data center that is slated to open in the fourth quarter of 2013. The proposed Tier III facility will be strategically located in a data center-centric development in New Albany, OH on 7.9 acres. The new facility will complement PCM’s two existing data centers and a 24/7 Integrated Operations Center (IOC) located in Atlanta, GA. This addition will expand the Company’s existing cloud infrastructure and provide geo-diversity for ‘always on’ applications.
Commenting on the upcoming opening of the planned data center, Joseph Hayek, President of PCM/SARCOM, said, “We are very excited about what this new data center means to our customers and to any company that requires 100% up time of their application/cloud environments. While cloud computing means different things to different people, companies are constantly challenged by how best to deploy their capital in an economy characterized by rapid technology change. We believe that our customers can benefit tremendously by locating their workloads in our facility or by taking advantage of our fully managed cloud environment in the Tier III facility for production or business continuity purposes.”
Expanding on Hayek’s remarks, Oren Hartman, PCM’s Executive Vice President, said, “The services we provide that leverage our data centers address the growing needs of our mid-market and enterprise customers by providing them with the ability to rapidly deploy solutions ranging from private clouds to fully managed SaaS platforms. Importantly we further provide our customers all of these services with guaranteed service level agreements from a trusted service provider with more than 25 years of IT services experience.”
About PCM, Inc.
PCM, Inc., through its wholly-owned subsidiaries, is a leading technology solutions provider to small and medium sized businesses, mid-market and enterprise customers, government and educational institutions and individual consumers. In the 12 months ended September 30, 2012, we generated approximately $1.5 billion in revenue and now have approximately 2,900 employees, over 68% of which are in sales or service positions. For more information please visit investor.pcm.com or call (310) 354-5600.
Forward Looking Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include the statements regarding the impact or benefits of the prospective data center on our customers and statements regarding our expectations, hopes or intentions regarding the future, including but not limited to statements regarding the prospective data center’s impact on, or benefits to, our customer. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. There can be no assurance that we will receive any increase in sales or profits or negative ROI on the prospective data center. Factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of PCM, Inc.'s public reports filed with the Securities and Exchange commission including its Form 10-Q for the fiscal quarter ended September 30, 2012. All forward-looking statements in this document are made as of the date hereof, based on information available to PCM, Inc. as of the date hereof, and PCM, Inc. assumes no obligation to update any forward-looking statement.
Genesis Select Corporation
Matt Selinger, Partner
|Dell Networking Helps Accelerate Deployment of 10 Gigabit Virtualized and Cloud Data Centers with New Switching Platform and SDN Capabilities (2013/2/7)|
|CLARCOR to Build New U.S. Distribution Center at Baldwin Filters (2013/1/31)|
|EarthLink Opens New Dallas Data Center and Sales Office (2013/4/23)|
|Equinix to Host Launch Event at New D.C. Data Center (2013/5/2)|
|GM's New Enterprise Data Center Transforms Global IT (2013/5/13)|
|Equinix to Host Launch Event at New Seattle Data Center (2013/3/11)|
|Cisco Unleashes Industry's Fastest, Most Extensible Open Networking "Fabric" for Data Centers, Clouds (2013/2/4)|
|EarthLink Announces Data Center Connect Solution for Cloud Connectivity via Private MPLS Network (2013/2/5)|
|Global Data Center Solutions Provider CyrusOne Partners with Infinera to Deploy High-Speed Cloud-Based Services in Texas (2013/3/13)|
|Global Data Center Solutions Provider CyrusOne Partners With Infinera to Deploy High-Speed Cloud-Based Services in Texas (2013/3/13)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Morningstar Investing Classroom Rewards (earn as you learn and redeem for Morningstar merchandise)|
|P||Morningstar Fund Analyst Reports (full research on 2,000 funds and ETFs)|
|P||Morningstar Stock Analyst Reports (full research on 2,000 stocks)|
|P||Morningstar Stock and Fund Stewardship Grades|
|P||Portfolio Manager (advanced with 10 x-ray analyses, including guidance)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.