News | September 9, 2008

Center 7 And Foundation Source Sign Data Center Agreement

SALT LAKE CITY --(Business Wire)-- Center 7, Inc., a leading provider of colocation and hosted business solutions in Utah and the Intermountain West, announced today that Foundation Source has signed an agreement to become a data center client. Center 7's newest and most advanced data center continues to fill quickly with companies looking for data protection, hosting and disaster recovery solutions that provide measurable value for their investment.

"When we set the criteria for identifying a data center partner, at the top of our list was selecting a facility that was specifically built to incorporate the very latest in technological advances," said Kyle Denning, Chief Technologist at Foundation Source. "The cooling and power resources along with the infrastructure to support our future growth were key components in making our decision to move to Center 7. The cost-to-performance ratio and the overall value associated with Center 7 were very attractive."

As the preeminent provider of outsourced support services for private foundations, Foundation Source handles the "back-office" tasks that foundations don't have the time, inclination or capacity for...allowing donors, directors, staff and advisors to focus on charitable giving. Services include administration, compliance monitoring, federal and state filings, grants management and much more.

"We recognize Foundation Source's national presence and accomplishments. Their decision to utilize our facilities constitutes a milestone for Center 7 and our long-term plan to build, maintain, and fill the finest data centers possible," stated Nathan Hatch, President and CEO of Center 7, Inc. "We are resolute in adhering to our basic business tenets of offering the best value possible in data center technology and earning our clients' business each day with the best services and support."

About Foundation Source

Foundation Source is the nation's leading provider of support services for private foundations. The company's back-office, online and support services ease the administrative burden, freeing foundations to focus more on mission, strategy and family priorities and less on back-office administration and compliance tasks. The result: better run foundations with greater social impact. Foundation Source was recently named Philanthropic Group of the Year by the editors of Private Asset Management.

Today, Foundation Source provides its full range of award-winning services to nearly 800 family, corporate and professionally staffed foundations representing over $3.2 billion in foundation assets. Foundation Source provides its services through partnerships with the nation's leading private wealth management firms, trust and estate attorneys and CPAs. The company is headquartered in Fairfield, Conn., with regional offices in Atlanta, Boston, Chicago, Denver, Los Angeles, New York City, Philadelphia, Salt Lake City, San Francisco and Seattle. Foundation Source is a registered trademark of Foundation Source Philanthropic Services Inc. All rights reserved. For more information, please visit http://www.foundationsource.com or call (800) 839-0054.

About Center 7, Inc.

Center 7, Inc. has multiple data centers in the Salt Lake City metropolitan area and is a leading provider of colocation, managed hosting, business continuance, and network business offerings for small, mid- and enterprise level businesses. The company's mix of advanced systems, technology infrastructure, and personnel resources ensures that customers have the data protection solutions necessary to support their unique business needs. For more information, please visit http://www.center7.com.

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