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CentriLogic Fuels Growth with Board Appointments

Appointees bring extensive industry specific financial and technical expertise, positioning CentriLogic to accelerate development of its hybrid computing services and expand rapidly into new markets.

Toronto, Ontario and Rochester, NY – January 31, 2012 – On the heels of a record year which concluded December 31, CentriLogic has enhanced the pedigree and expertise of its Board of Directors with the appointments of Craig Moseley and Todd Klindworth. Moseley and Klindworth will provide strategic financial and technical direction to help CentriLogic accelerate development of its hybrid computing services and expand into new industries and geographic markets.

Moseley and Klindworth are joining a company that grew by leaps and bounds in 2011. Following are a few highlights from the past year:

  •     CentriLogic increased revenue 60% and grew EBITDA from 2010 to 2011
  •     CentriLogic nearly doubled the size of its client base in the past year, adding high-profile customers such as Bausch & Lomb, Xerox and Bayt
  •     The international data center operator, which already had data centers in Buffalo, Rochester, Toronto and Mississauga, announced the opening in December of a new 16,000-square-foot, multi-million dollar data center in downtown Toronto

“The timely addition of our downtown Toronto data center and advisory board members enhances our position as a leading international provider of data center solutions and increases our momentum heading into the 2012 fiscal year,” said Robert Offley, President and CEO at CentriLogic.

Moseley brings over 25 years’ experience in finance, investment banking and business development to CentriLogic. He worked for RBC Daniels / Daniels & Associates for over 17 years as a Senior Managing Director, Group Head and also Board Director. In particular, Moseley was responsible for developing and managing Daniels data center services practice and completed many data center related financing and M&A advisory mandates.

“CentriLogic’s impressive growth is proof that the company’s hybrid portfolio of cloud, managed service and co-location is filling a distinct gap for mid-market and large enterprise organizations.” said Moseley. “CentriLogic has the infrastructure, experienced leadership and technical expertise required to stake a significant claim in this rapidly expanding market.”

Klindworth has developed communications networks all over the world during a 25-year career, including in the United States, Netherlands, New Zealand and Australia. Key developments include systems for cable television, hybrid cable-fiber, wireless video systems (MMDS), hosting and co-location facilities, video conferencing wide area system control software, telephone systems and various other network configurations. Klindworth was one of the founding investors of ViaWest, which operates 16 enterprise-class data center facilities in five states, providing colocation and a comprehensive set of fully managed services to mid-size and enterprise-level businesses.

“Explosive growth in Internet traffic and a growing preference by corporations to outsource their own data centers is driving tremendous demand for high-quality cloud, managed and standalone data center solutions,” said Klindworth. “CentriLogic is ideally positioned to serve this growing market, and I look forward to supporting the company’s management team as they continue to build the business.”

About CentriLogic
CentriLogic is a trusted provider of international hybrid hosting and data center solutions for organizations that gain advantage by outsourcing their hosting requirements, with global headquarters in Canada and data center facilities in Toronto and Mississauga, Ontario and Rochester and Buffalo, New York. Unlike other hosting companies, CentriLogic uses insights derived from a customer-first philosophy to deliver a broad range of agile and elastic solutions designed to meet evolving IT infrastructure outsourcing needs.

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