Hammer & IO

View this release on Fierce Telecom here, or read below.

 

Hammer Fiber Selects IO to Provide Central Network Hub for Next-Generation Telco Services

Phoenix, Ariz. – May 4, 2016 – IO, a leading global provider of Data Center Services, today announced Hammer Fiber has selected the IO.New Jersey data center to provide network interconnectivity for its telecommunications services. Hammer Fiber chose IO because it provides a highly secure, energy efficient data center that offers flexibility to add capacity quickly to accommodate their expansion plans.

Hammer Fiber has connected a 450-mile fiber network throughout New Jersey. It will use IO.New Jersey's Meet-Me-Room as its centralized network hub and to enable a direct, low latency fiber link between Manhattan and Philadelphia. The company will also use the hub to securely cross-connect with its carrier partners. Hammer Fiber is rolling out a next-generation broadband service that delivers to its New Jersey customers the triple play of high-speed internet service, VoIP telephone service and IPTV service.

"IO easily met our rigorous requirements for carrier-class data center connectivity and security that will help us maintain an always-on network," said Michael Adamcik, Vice President of Network Services, Hammer Fiber. "Their data center stood out in its ability to maximize energy efficiency and to scale to support our fast-growth business plan. Its central location provides a vital link for our high-speed network, helping us deliver advanced internet services to customers ranging from Manhattan to Philadelphia."

IO.New Jersey is a carrier-neutral data center that enables customers to connect to hundreds of networks in its Meet-Me-Room, where telecommunications companies can physically connect to one another and exchange data. IO.New Jersey maintains diverse network paths in and out of the data center to help ensure interconnections are available on a 24/7 basis with minimal risk of interruption.

With 830,000 square feet, IO.New Jersey is one of the largest colocation and cloud modular data center facilities on the U.S. east coast. IO's modules are exceptionally energy efficient and provide power cost savings of between 20 to 30 percent as compared to traditional raised floor colocation. The data center employs multiple layers of physical security to protect the mission-critical infrastructure in the facility.

"Delivering advanced broadband services, Hammer Fiber is an industry-disruptive company that is a great fit for our data center services," said David Mettler, Vice President of Sales and the Market Director, IO. "They can leverage the redundancy and resiliency built into our state-of-the-art infrastructure to help them deliver products that tap the full potential of the age of the internet."

About IO
Founded in 2007, IO is a data center services company that utilizes the latest data center technology to deliver colocation and cloud services to businesses and governments around the world. IO's next-generation colocation data center offering gives enterprises the flexibility to deploy legacy and cloud applications in a secure and efficient environment. IO operates six state-of-the-art data centers in Arizona, Ohio, New Jersey, Singapore and London. Trusted by some of the most demanding consumers of data center services, IO unleashes the potential for the data center to deliver sustainable business value. For more information about IO, visit io.com.

About Hammer Fiber
Hammer Fiber Optic Investments Ltd. DBA Hammer Fiber is a registered Competitive Local Exchange Carrier in New Jersey that offers services throughout the New Jersey region, as well as Philadelphia and New York.  Along with fiber transit solutions, VoIP platforms, Ethernet connectivity and managed services to businesses ranging from small to enterprise; Hammer Fiber also serves residential and small business markets with broadband, voice and video. For more information visit www.hammerfiber.com

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"Delivering advanced broadband services, Hammer Fiber is an industry-disruptive company that is a great fit for our data center services," said David Mettler, Vice President of Sales and the Market Director, IO. "They can leverage the redundancy and resiliency built into our state-of-the-art infrastructure to help them deliver products that tap the full potential of the age of the internet."

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Tanaris Power Holdings is now Hammer Fiber Optics Holdings Corp.

Following approval from FINRA, the anticipated merger has been completed.

Point Pleasant Beach, NJ (May 3, 2016) -- Hammer Fiber Optic Investments ltd (HFOI), the New Jersey based Fiber Services provider, has completed its merger with Tanaris Power Holdings (OTCPK:TPHX), resulting in the creation of Hammer Fiber Optics Holdings Corporation (HFO Holdings). Following final recently received approval from the Financial Industry Regulatory Authority (FINRA), HFO Holdings commenced trading today on the OTCPK under the ticker (OTCPK:TPHXD), with an anticipated change of ticker to (OTCPK:HMMR) within 20 days following this announcement.

As per form 8K, filed with the Securities and Exchange Commission on April 28th, 2016, Hammer Fiber Optic Investments, ltd officially stated its intention to effect a merger of the two companies through a share exchange agreement which was approved by the HFOI Board on April 25th, 2016. The details of which can be read in the SEC Filing. This filing further detailed the April 13th, 2016 resolution of the Tanaris Power Holdings Board of Directors approval of a Plan of Merger. This Plan of Merger provided for a 1 for 1000 reverse split of common stock and outlined the name change to Hammer Fiber Optics Holdings Corporation.

 As a result of this merger and the aforementioned share exchange agreement, HFOI shareholders collectively control the combined entity, resulting in HFOI becoming a wholly owned subsidiary of HFO Holdings.

“This is a monumental step for any company,” states Mark Stogdill, president and CEO of HFOI, “We are excited at the prospects this merger presents for future growth and are confident that this will aide Hammer Fiber’s team in their continued development and deployment of new and exciting technologies.”

HFOI will continue to operate as before, advancing their consumer services platform to deliver High Speed broadband service, VoIP phone service, and IPTV service to both residents and business in New Jersey. The company’s fiber network will continue to serve to advance the aforementioned business goals as well as encourage development of their Enterprise services group, which is dedicated to delivering a wide range of services from engineering and design, to network support and implementation, to managed services, to fiber and wireless connectivity.