Market Overview

NTT Communications to Acquire 100% Ownership of RagingWire Data Centers, Inc., Founder George Macricostas Named Executive Chairman, President Douglas Adams Named CEO

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RagingWire Data Centers, Inc., the nation's premier
data center provider
, and its parent company NTT Communications (NTT
Com), the ICT solutions and international communications business within
the NTT Group (NYSE:NTT), announced today that NTT Com intends to
purchase the remaining shares of RagingWire and acquire 100% ownership
of the company. In addition, RagingWire named long-term RagingWire
executive and current president, Douglas Adams, as CEO, and RagingWire's
Founder, George Macricostas, who had served as Chairman and CEO of
RagingWire, was named Executive Chairman.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170223005439/en/

Long-term RagingWire executive, Douglas Adams, was named CEO of RagingWire Data Centers, Inc. (Photo ...

Long-term RagingWire executive, Douglas Adams, was named CEO of RagingWire Data Centers, Inc. (Photo: Business Wire)

Founded in the year 2000 by George Macricostas, RagingWire was one of
the companies that helped to create the data center colocation industry,
which has grown to a multi-billion dollar industry worldwide. Under the
leadership of Mr. Macricostas, RagingWire became an industry innovator
and leader with two patents in mission critical power delivery, a
growing data center portfolio of over 1.2 million square feet with
nearly 100 megawatts of critical power and a long track record of
delivering 100% uptime for its customers, resulting in RagingWire being
recognized for earning the highest customer loyalty in the data center
industry as measured by the Net Promoter Score (NPS). During his tenure
with the company, Mr. Macricostas funded and guided the company from
inception and through two recessions, achieving rapid, sustainable and
profitable growth, and ultimately a successful merger with NTT
Communications. Mr. Macricostas continued to lead the company for three
years during post-merger integration, resulting in a 2017 business plan
that will double the company's revenue as compared to pre-merger levels.

In January 2014, NTT Communications acquired an 80% equity stake in
RagingWire. By joining the NTT Communications family of companies,
RagingWire became part of one of the largest data center companies in
the world with 140 facilities in 17 countries. With the strong financial
backing of NTT Com, RagingWire opened the Sacramento
CA3 Data Center
and the Ashburn
VA2 Data Center
totaling 320,000 square feet of space and 28
megawatts of power. In addition, RagingWire began construction on its
massive Dallas
Data Center Campus
on 42 acres of land and the Ashburn
Data Center Campus
on 76.5 acres in the heart of the famed "Data
Center Alley" region. The first phase of the Dallas development, the TX1
Data Center, with 230,000 square feet of space and 16 megawatts of
power, will have its grand opening on April 18, 2017.

"In the three years since our investment in RagingWire, we have been
extremely pleased with the exceptional performance of the company and
impressed with the leadership and execution of George Macricostas and
the rest of the RagingWire team during this successful merger process,"
said Tetsuya Shoji, President and CEO of NTT Communications. "RagingWire
is strategically important to our ability to deliver global information
and communications technology solutions. We are confident that Doug
Adams and the RagingWire team will build on this legacy, delivering
superior results and contributing significantly to the ongoing success
of NTT Communications."

Douglas Adams joined RagingWire in 2001 as part of the early executive
team that along with Founder George Macricostas led the growth of the
company into a data center industry leader. Mr. Adams has held multiple
executive positions at RagingWire leading sales, marketing, product, and
operations, and served most recently as president of the company. Mr.
Adams was instrumental in growing the company's customer base and
revenue, building the massive data center campuses in Sacramento,
California, Ashburn, Virginia, and Dallas, Texas, and leading
RagingWire's strategic expansion into the wholesale
data center solutions
space. Prior to joining RagingWire, Mr. Adams
was the general manager of the magnetic and optical data storage
products division of NEC Technologies, Inc., and held multiple positions
in sales, business development, and senior management at Mars, Inc.

"Thank you to George Macricostas and NTT Communications for the
confidence they have placed in me and the RagingWire team," said Douglas
Adams, CEO and President of RagingWire Data Centers. "RagingWire is a
company with a successful past and an exciting future. We are proud of
our accomplishments and energized by the opportunity in front of us. Our
vision and strategy remain the same – we want to be a top five wholesale
data center provider in the U.S.
, and we will build and grow our
business in the top data center markets in North America. Together we
will take RagingWire to the next level."

As part of the NTT Communications family of companies, RagingWire joins
Netmagic Solutions Pvt. Ltd. in India, Gyron Internet Ltd. and e-shelter
facility services GmbH in Europe, along with the extensive data center
portfolio of NTT in Asia to create a global data center platform of
4,000,000 square feet. This worldwide data center portfolio is ideal for
wholesale, multi-megawatt deployments optimized for application
performance and systems availability. Through its relationship with NTT
Com, RagingWire is one of the most financially strong and largest
providers of wholesale data centers in the world.

About RagingWire Data Centers
RagingWire Data Centers
designs, builds, and operates mission
critical data centers
that deliver 100% availability, high-density
power, flexible configurations, carrier neutral connectivity, and
superior customer service. The company has 97 MW of critical IT load
spread across 1.2 million square feet of data center infrastructure in
Northern California, Ashburn, Virginia, and Dallas, Texas, with
significant growth plans in these locations and other top North American
data center markets. As part of the NTT Communications group, RagingWire
is one of the largest wholesale data center providers in the world with
a global network of over 140 data centers operated by NTT Communications
under the Nexcenter™ brand and one of the most financially strong
companies in the data center industry. For more information visit www.ragingwire.com.

About NTT Communications Corporation
NTT Communications
provides consultancy, architecture, security and cloud services to
optimize the information and communications technology (ICT)
environments of enterprises. These offerings are backed by the company's
worldwide infrastructure, including the leading global tier-1 IP
network, the Arcstar Universal One™ VPN network reaching 196
countries/regions, and over 140 secure data centers worldwide.
www.ntt.com
| Twitter@NTT
Com
| Facebook@NTT
Com
| LinkedIn@NTT
Com

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