Crescent Resources Selects Peak 10 for Managed Services

April 17, 2007; 07:22 AM

CHARLOTTE, N.C. – Peak 10, the largest independent data center operator and managed services provider in the eastern United States, has signed with Charlotte-based Crescent Resources, LLC --a leading real estate development and land management company -- with a full suite of data center services.  These services include perimeter network security and data center hosting in addition to partnering with messaging specialist M3 Technology Group to provide services to handle their Microsoft exchange migration.

“Using Peak 10 we were able to quickly relocate our data center from our corporate headquarters and guarantee 24/7 availability for our applications, Web mail, and Web hosting for over 100 Web sites. Peak 10’s services compliment Crescent’s IT team very well; we found their consultants extremely knowledgeable and our transition exceeded my expectations,” said David W. Reed, vice president of Information Technology for Crescent Resources.  “These services were especially helpful as we migrated from one platform to a new one,” Reed continued.

Crescent is active in North Carolina, South Carolina, Georgia, Alabama, Florida, Virginia, Tennessee, Texas, Arizona and Wyoming. Its holdings include golf communities, commercial developments, and other urban and resort residential offerings.

“Crescent is an award-winning, growing, successful Charlotte company that chose Peak 10 and our talented engineers to work collaboratively with their team to migrate their mission critical applications to Peak 10,” said Pat O’Brien, Peak 10 Charlotte vice president and general manager, adding,  “We are proud they selected us but even more pleased with how we actively collaborated with them to position them for the future.”

Peak 10’s data center services improve reliability, increase revenue growth, lower costs, and maximize internal resources for customers while keeping their valuable information technology assets close to the business.  The company combines its network state-of-the-art data centers and portfolio of managed services with localized engineering and support to serve market-leading companies nationwide.  Peak 10 owns and operates ten data centers in Charlotte and Raleigh, N.C.; Jacksonville and Tampa, Fla.; Nashville, Tenn.; Louisville, Ky.; and Richmond, Va.

About Crescent Resources

Formed more than 35 years ago by Duke Energy, Crescent Resources, LLC has land interests in 10 states and creates award-winning master planned communities, apartment and condominium communities, Class A office space, business and industrial parks and shopping centers. The company adds value to the land entrusted to it, whether it be through land management, a commercial development or a residential community. Crescent Resources is a joint venture between Duke Energy, Morgan Stanley Real Estate Fund (MSREF) V U.S. and the company’s management. More information about Crescent Resources is available at www.crescent-resources.com.

About Peak 10, Inc.

Peak 10 is the leading independent data center operator and managed services provider in the eastern United States, delivering scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure.  The company combines its ten data centers and portfolio of managed services with localized engineering and support to serve market-leading companies including Rivals.com, Global Knowledge, Pergo, Churchill Downs, LendingTree and the Jacksonville Jaguars.  The company was recently ranked as one of the fastest growing private companies in America for the second consecutive year by Inc. magazine.  For more information on data center solutions from Peak 10, visit www.peak10.com.