Managed Services Leader Unveils Regional TAP Program to Assist Local Businesses

NASHVILLE, Tenn. (Feb. 1, 2010) – Peak 10 Inc., a managed services company with world-class data centers, launched the Nashville Technology Assistance Program (TAP) in conjunction with prominent local technology and business associates. The program will provide essential technology support and expertise to promising start-up and early-stage companies in an effort to encourage and support business incubation in the region.
 
TAP support will be provided to the first 30 companies accepted to the program. These businesses will receive cabinet space within data center facilities on Peak 10 Nashville’s campus, enhanced power for client hardware, highly redundant Internet access and IP addresses to run their equipment in the data center. Peak 10 will also waive any one-time or monthly recurring costs for a 6-month period, up to a $5,000 value.
 
“We are thrilled to have the opportunity not only to work this closely with business and technology leaders in the local community, but also to be able to offer start-up and early-stage companies the chance to put some roots down and grow,” said Drew Fassett, the vice president and general manager of Peak 10 Nashville. “We understand how challenging this economic climate can be, particularly for young companies. We want to offer all the support we can to help the Nashville business economy continue to develop.”
 
To bring TAP to Nashville businesses, Peak 10 is working hand-in-hand with the Nashville Technology Council, the Nashville Chamber of Commerce, , and Solidus Company. These supporting organizations will engage eligible businesses through their member networks, as well as assist in the programs’ qualification process.
 
“During these challenging times, it is great to see a member like Peak 10 creating unique programs to assist technology entrepreneurs in the next wave of innovation,” said J. Tod Fetherling, president of Nashville Technology Council.
 
Vic Gatto, partner at local venture capital firm, Solidus Company, added, “This program will be a great asset for the Nashville entrepreneurial community. It will provide the necessary infrastructure to allow startups the freedom to focus on launching their business, signing up customers and developing their business model.”
 
Peak 10 Nashville's managed IT and data center services improve performance, reliability, lower costs and maximize internal resources for customers while keeping their valuable information technology assets close to the business. The company combines its secure, private network and enterprise-class data centers with world-class engineering and support to serve market-leading companies nationwide. As a managed services leader, Peak 10 offers a wide range of technology services including virtualization, managed hosting, and cloud-based services in a cost-efficient and reliable platform for its customers. The company owns and operates data centers in ten key markets that include Cincinnati, Ohio; Atlanta, Ga.; Raleigh and Charlotte, N.C.; Tampa, Jacksonville and Fort Lauderdale, Fla.; Nashville, Tenn.; Louisville, Ky.; and Richmond, Va.
 
About the Nashville Technology Council
The Nashville Technology Council, an affiliate of the Nashville Area Chamber of Commerce, is an exclusive nonprofit organization devoted to helping the Middle Tennessee technology community succeed. Membership is open to technology companies, technology
employers, service providers, educational institutions and nonprofit companies interested in supporting the growth of technology business in Middle Tennessee. Since its formation in 1999, the NTC’s membership has grown to more than 350 organizations. New programs and events such as technology roundtables, educational initiatives, annual technology conferences, a technology job bank and other activities are designed to foster Nashville’s technology industry. For more information, please visit www.technologycouncil.com.
 
About the Nashville Chamber of Commerce
The Nashville Chamber of Commerce is Middle Tennessee’s largest business federation, representing more than 2,500 businesses in 10 counties – Davidson, Dickson, Montgomery, Cheatham, Robertston, Wilson, Sumner, Williamson, Rutherford and Maury. Through a wide variety of programs and initiatives, the chamber works to positively impact the economic vitality and enhance the quality of life in the region, while supporting the growth and prosperity of Chamber-member businesses. The Chamber is a nonprofit organization dedicated to facilitating community leadership to create economic prosperity. For more information, please visit www.nashvillechamber.com.
 
About Solidus Company
Solidus Company is a principal investment firm specializing in public and private equity market investments. The firm was founded in 1996 by Mr. E. Townes Duncan and is based in Nashville, Tennessee.
 
About Peak 10 Inc.
Peak 10 is a managed services company with world-class data centers. It delivers scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure. The company’s expert team embraces the industry's evolving technologies by adopting and tailoring solutions such as virtualization and cloud-based services as part of its robust managed services offering. Its strong customer focus, financial stability, geographic diversity and technical strength attract market-leading companies such as LendingTree, Global Knowledge, Pergo, Healthways, Churchill Downs and The Fresh Market. Peak 10 is SAS70 Type II compliant and helps companies meet the requirements of various regulatory compliance acts such as Sarbanes-Oxley (SOX), HIPAA, PCI and Gramm-Leach-Bliley (GLBA). For more information on data center solutions from Peak 10, visit www.peak10.com.