US National Telecom (USNT) - Considers Plan for $850,000 Data Center; Projects 50%+ Profits
US National Telecom (Pinksheets: USNT) has agreed to participate in the building and financing of a first-class data center in Denver. Company executives have been reviewing local buildings to purchase or lease, with a preference to purchase. Ready to occupy data center space rents for $55 to $200 psf, providing profit margins of upwards of 60%, making this a very attractive market.
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June 13, 2008 (FPRC) --
USNT sees a need right in their own backyard. The need for data center space is growing rapidly and the cost of space in data center facilities has risen dramatically, making it feasible and very profitable for USNT to own its own space and then lease space to other companies. According to a report by industry leader Bladewatch.com, “The demand for data center space coming from the traditional banks, large enterprises, new media content and social applications and photo and video sites and the market for data center space continues to grow.”
Building prices range from approximately $110 to $150 psf indicating a building value of $440,000 to $600,000 to start and improvements and technology additions will add another $300,000 to the turnkey cost including emergency diesel backup generators.
Company executives have such confidence in the data center project that certain of them have agreed to personally guarantee a large percentage of the financing required.
USNT, through its affiliate Vitelity, (www.vitelity.com) a market leader in VoIP telecom, offers a full suite of carrier-based solutions including domestic call Origination, global call Termination, local and Toll Free telephone numbers, E911, and digital Fax services. Vitelity does offer server hosting, but has more demand than space at the present time.
About US National Telecom (USNT)
US National Telecom (Pinksheets: USNT) is a publicly traded company in Denver, Colorado. The Company is planning to expand its international voice traffic and seeks to acquire companies in the VoIP marketspace. www.USnationalTelecom.com
Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be faulty assumptions or inaccurate statements. Financial information is based on projections of revenue and deposits for services, is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release
Send an email to M Williams of US National Telecom (Pinksheets: USNT)
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