ZooLink Corporation Acquires New Data Center in Vancouver, B.C. Canada
VANCOUVER, BRITISH COLUMBIA, Feb 3, 2003 (CCNMatthews via COMTEX) -- ZooLink Corporation ("ZooLink")(ZLNK: OTCBB and Borse: Berlin; Symbol: ZOK.BER; WKN: 157227) is pleased to announce that it has acquired a second state-of-the-art Data Center located in Vancouver, British Columbia. ZooLink announced in May 2002 that it had acquired its first Data Center in Calgary, Alberta.
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ZooLink acquired PSINet's multi-million dollar Data Center in Vancouver's downtown core. The Data Center is equipped with sophisticated environmental control systems, independent power backup and generation, network laser monitored fire and gas detection system, seismically braced flooring and steel racks for storage of our customers equipment. The facility is equipped with a state of the art security system, which includes Biometric readers, a mantrap, motion sensors, and digital video surveillance.
ZooLink acquired this second facility as part of its business strategy to grow through acquisition without investing large amounts of capital required to purchase the infrastructure and hardware in Data Centers. The Data Center provides ZooLink with additional space to service its growing customer base with a full range of Co-Location and Managed Hosting services. This second acquisition is consistent with the company's business strategy to acquire Data Centers in key markets in Canada and the United States.
"We are executing our acquisition strategy and meeting our goals in the time frame we have set. We will continue to expand aggressively into the Co-location marketplace while providing a growing suite of managed services to our customers, concurrent with the implementation of our new business model" said Ali Shawkat, ZooLink's President & CEO.
ZooLink is a leading developer of next generation Intelligent Internet Data Centers. Our Data Centers serve as platforms to provide co-location services to companies with mission critical Internet infrastructure. Our services are also ideal for Web-centric businesses, such as Internet Service Providers (ISPs), Applications Service Providers (ASPs), Content Providers and Carriers.
Our customers primarily use our services to maintain complex computer equipment in a secure, fault-tolerant environment with connectivity to a high-speed, high-capacity, direct link to the Internet and to support complex Internet applications. We currently offer our services from our Intelligent Data Center facilities in the cities of Vancouver and Calgary, Canada. ZooLink has developed a "franchise type" methodology, though all data centers are corporately owned; to identify, acquire, convert and operate Intelligent Data Centers to transform them into profitable business units in Canada and the US.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of ZooLink Communications, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
This release contains forward looking statements identified by the use of words such as should, believes, plans, goals, expects, may, will, objectives, missions, or the negative thereof, other variations thereon or comparable terminology. Such statements are based on currently available information which management has assessed but which is dynamic and subject to rapid change due to risks and uncertainties that affect our business, including, but not limited to, the impact of competitive products and pricing, limited visibility into future product demand, slower economic growth generally, difficulties inherent in the development of complex technology and new products sufficiency and availability of capital to fund operations, research and development, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements involve a number of risks and uncertainties which could cause actual results or events to differ materials from those presently anticipated.