PEER 1 Adds Fibre With New FAS Solution for Managed SAN FAS Network Provides Enterprise Class Infrastructure Options at Low-Cost for Businesses of All Sizes

VANCOUVER, British Columbia, Jan. 17 /PRNewswire-FirstCall/ -- PEER 1 Network Enterprises, Inc. (TSX-V: PIX), a leading provider of online IT infrastructure, now offers Fibre Attached Storage (FAS) system options on its managed Storage-Area-Network (SAN) to deliver high performance and customizable data sharing and storage capability. The service will provide customers of all sizes, fast, high performing Storage Area Network at an affordable price point.

"As online infrastructure and data storage needs continue to multiply at amazing rates, our customers rely on us to ensure the availability, flexibility and safety of their data," said Robert Miggins, vice president of business development for PEER 1. "Offering this service means that the best benefits of a FAS network are available to all our customers, especially to SMBs that traditionally cannot afford or do not have the IT resources to manage a more extensive network."

PEER 1's FAS solution is ideal for both fast growing businesses and established companies, such as SaaS, data warehousing or high transactional e-commerce environments that require limitless amounts of storage, scalability and performance capabilities. The system uses the EMC SAN infrastructure, based in PEER 1's Atlanta, Miami and Fremont, Calif. data centers, which provides customers diverse geographic options. It is also fully customizable depending on the business requirements and growth structure of the customer.

EMC is the world's leading developer and provider of information infrastructure technology solutions. The CLARiiON family is the market-share leader in the midrange storage market. With more than 15 years of experience in delivering proven midrange storage solutions, CLARiiON was the first storage solution to bring Fibre Channel systems to the midrange. CLARiiON's modular and high-availability features are built on its award winning UltraScale architecture. The combination of CLARiiON's point-to-point hardware design, unique software features, and configuration best practices deliver the highest reliability and availability of all midrange storage platforms, measuring up to five 9s (99.999%) availability across all CLARiiON CX3 UltraScale series installed systems.

PEER 1's FAS offering is fully supported by internal PEER 1 Storage experts and support professionals to ensure that customers receive the best support and expertise possible. The service can be used in conjunction with all types of hosting, allowing for a great range of advantages.

"Building our solution on a SAN has been beneficial to our business, ensuring that data is delivered at the quickest, most reliable speeds," said Sorin Brabete, chief of support and development for Softpedia. "PEER 1 continues to stay abreast of our hosting requirements and the industry trends with services at affordable prices that match our company growth and needs."

Visit http://www.peer1.com/managed/san.php for more information. About PEER 1

PEER 1, a leading online IT infrastructure provider, believes in the limitless opportunity of the Internet and the business growth and continuity it provides for its more than 9,000 customers. PEER 1 delivers highly scalable managed hosting and co-location solutions to ensure customers' online presence is always fast, always available. Since 1999, PEER 1 has grown to include data centers and network points of presence in 17 major cities across North America and Europe. Serving a variety of companies, PEER 1 offers solutions that grow through every stage of web commerce, regardless of company size. The company's headquarters are in Vancouver, Canada and the stock is traded on the TSX Venture exchange under the symbol PIX.

For more information visit: http://www.peer1.com/.

PEER 1 Network Enterprises, Inc.

CONTACT: Abigail Faylor, 1-425-452-5497, afaylor@webershandwick.com,
for PEER 1 Network Enterprises, Inc.

Web site: http://www.peer1.com/