January 19th , 2006 - Press Release
PTC Teams with Strategic Investors
Oklahoma City, January 18, 2006 – Oklahoma City based Perimeter Technology Center, Inc. (PTC), the region’s leading commercial data center services company, today announces it has accepted an investment from five strategic equity partners that include Marco Capital Group, Council Oak and Wedel Investments.
PTC has experienced tremendous growth since its inception in 2002, resulting in recognition as the second fastest growing company in the 2005 OKC Metro 50 awards. “Nothing is more rewarding or expensive than substantial growth. This investment represents the logical next step to continue PTC’s accelerated growth rate,” stated Stan Chase, COO of PTC.
John Parsons, CEO of PTC added: “As detailed in recent articles, growth in our industry over the last 18 months has been exceptional. In many cities demand is far outpacing supply. Partnering with Marco Capital and Council Oak will fully prepare PTC to meet the increased demand that we are already seeing out of our facilities in Oklahoma City and Tulsa.”
Bill Johnstone, Chief Executive Officer of Council Oak commented: “The success of commercial data centers in other markets confirms that they provide the highest level of security and reliability at a price far below a stand alone data center facility. Recent tragic events have caused every business to focus on the safety and reliability of their computers, and PTC’s world class facilities are clearly the leader in the State of Oklahoma. We are pleased to help them expand their service to other companies in our state and this region”.
PTC will immediately begin expansion of their Oklahoma City facilities along with the build out of its dedicated disaster-recovery/business continuity office space in their Tulsa facility. Rebranding efforts through a substantial sales and marketing campaign is also under way.
ABOUT PTC:
PTC manages corporate information technology infrastructure via fully redundant (power and broadband), high availability commercial data centers in Oklahoma City and Tulsa. PTC offers a full array of data center products and related services including co-location, application hosting, business continuity/disaster-recovery office space, satellite downlink, streaming media, monitored and managed services as well as professional consulting services. For more information please visit www.ptccolo.com or call (888) PTC-COLO.
ABOUT COUNCIL OAK:
Council Oak is a merchant banking firm that invests in successful Oklahoma businesses through buyouts, acquisitions and equity partnerships for expansion. Council Oak is a wholly owned subsidiary of BancFirst Corporation.
ABOUT MARCO CAPTIAL GROUP:
Marco Capital Group is a privately owned investment partnership operating in Oklahoma, Texas and the Southwestern United States. For more information please visit www.marcocapital.com.
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