BYTEGRID(R) Aligns and Focuses Operations With Key Management Appointment

SILVER SPRING, MD--(Marketwired - Mar 24, 2015) - BYTEGRID Holdings LLC, a provider of multi-tenant data centers and IT infrastructure services, today announced a strategic addition to the management team with the appointment of Drew Fassett as its Chief Revenue Officer (CRO).

Reporting to Ken Parent, BYTEGRID's CEO, Fassett will oversee the optimization of revenue generation from BYTEGRID's nine data centers. Fassett will also help drive BYTEGRID's increasing emphasis on managed services expansion (including the recent acquisition of Sidus BioData, a leading provider of compliant hosting and hybrid cloud solutions) and the need to properly integrate and align all revenue-related functions, including sales, marketing, support, pricing, and revenue management.

"BYTEGRID'S success and growth strategy is being driven by a steadily increasing demand for high value managed hosting and private cloud infrastructure in addition to our expanding colocation platform," said Ken Parent, CEO of BYTEGRID. "While we have grown revenue 100% year-over-year for the last three years, we recognize the increasing importance of the CRO role as we continue to expand and grow and we look forward to Drew's leadership to help sustain and build upon the success we have achieved." 

Previously, Fassett was Senior Vice President of Sales for Peak 10 responsible for sales, operations and the financial management of the company's 10 markets. Fassett was with Peak 10 for seven years and was instrumental in driving significant organic growth by opening 5 new data centers in existing markets (Nashville, Cincinnati and Atlanta) as well as 400% revenue growth in cloud and managed services. Prior to Peak 10, Fassett served as the Brand Segment Executive at IBM focused on strategic outsourcing and managed services for the Small and Medium Business (SMB) marketplace across North America. He has 20 years of sales, services and executive management experience in the IT industry.

Fassett received his B.A. from Davidson College.

About BYTEGRID®
BYTEGRID is a proven leader with state-of-the-art data centers providing highly compliant colocation, managed hosting and hybrid cloud IT infrastructure for the most discriminating enterprise and government customers. BYTEGRID is an owner/operator of highly secure, compliant data center properties and platforms. Featuring highly compliant and high density Tier 3 / 4 data centers, BYTEGRID offers the most reliable, connected data centers to enterprises and government users that have unique needs and demanding compliance requirements. Trusted by some of the world's largest companies and government agencies across the country, BYTEGRID is committed to understanding customer needs and providing the highest level of products, solutions, and service. For more information, please visit www.BYTEGRID.com.