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Internap Network Services' CEO Discusses Q1 2011 Results - Earnings Call Transcript

Internap Network Services (INAP)

Q1 2011 Earnings Call

April 28, 2011 5:00 pm ET

Executives

J. Cooney - Chief Executive Officer, President and Director

George Kilguss - Chief Financial Officer, Principal Accounting Officer and Vice President

Andrew McBath - Director of Investor Relations

Analysts

Colby Synesael - Cowen and Company, LLC

Gray Powell - Wells Fargo Securities, LLC

Donna Jaegers - D.A. Davidson & Co.

Mark Kelleher - Dougherty & Company LLC

Jonathan Atkin - RBC Capital Markets, LLC

Clayton Moran - The Benchmark Company, LLC

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Internap Network Services First Quarter 2011 Earnings Conference Call. [Operator Instructions] Now I would like to turn the conference over to your host, Mr. Drew McBath.

Andrew McBath

Thanks, Matthew. Good afternoon, and thank you for listening in today. I'm joined by Eric Cooney, our President and Chief Executive Officer; and George Kilguss, our Chief Financial Officer. Following prepared remarks, we will open up the call for your questions.

We will reference slides in our conference call today. These slides are available in the presentation section of Internap's Investor Services website. Non-GAAP reconciliations in our supplemental data sheet, which includes additional operational and financial metrics, are available under the Financial Information Quarterly Results section of our Investor Services site.

Today's call contains forward-looking statements, including our expectations regarding future financial performance, including profitability and achievement of top line growth in both business segments, our expectations that first quarter 2011 is the last quarter in which we will be impacted by completed proactive churn program, industry growth rates, expected results from our strategy to invest in sales, marketing, engineering and operations staff, our business strategy including expected results from investing in company-controlled data centers which we expect to result in future growth, and our expectations regarding new markets, the timing for brining new data centers online and our belief that we can accelerate selling into new company-controlled data center space.

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