Gary Wojtaszek, Former CEO of $12 Billion Data Center Technology REIT CyrusOne, to Join Quantum Loophole Executive Board – Business Wire

AUSTIN, Texas--(BUSINESS WIRE)--Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale master planned data center cities, today announces that the former CEO of CyrusOne, Gary Wojtaszek, has joined its Board of Directors, affirming the companys mission and approach to data center development to meet the massive industrial size and scale required to successfully navigate todays highly-competitive data center market.

Prior to joining Quantum Loopholes Board of Directors, Wojtaszek served as the CEO of CyrusOne, a $12B data center technology real estate investment trust (REIT) that serves Fortune 1000 companies worldwide, including technology giants Alibaba, Amazon, Google, IBM, Microsoft, Oracle, Salesforce, and Tencent. Under Wojtaszeks leadership, he developed the data center strategy at Cincinnati Bell, which resulted in the acquisition of CyrusOne, at the time a very small regional data center provider in Texas. Wojtaszek grew CyrusOne into one of the largest global data center REITs with 45 facilities across the US, Latin America, Europe, and entered into a strategic relationship with GDS, which is the largest data center company in China. He led the REIT conversion and IPO spin-off of CyrusOne, which turned a $525M investment into a $12B company, creating one of the most successful data center companies in the industry.

Im excited to join Quantum Loopholes Board of Directors under the leadership of Josh Snowhorn, a pioneer and serial entrepreneur who after joining Terremark as one of the first employees, helped launch CyusOne and founded EdgeMicro before starting this current venture, comments Gary Wojtaszek, Quantum Loophole Board Member. The data center industry is growing quickly; however, it is under tremendous pricing pressure. Most data center designs being deployed today are too costly and inefficient and will be challenged to meet the computing power needs required to support the shift towards AI focused data centers. By contrast, Joshs approach to building data center cities that are ethically planned with sustainable power practices is groundbreaking. His approach of marrying massively scaled facilities with shared resource allocation should result in the lowest cost data centers in the country and Im excited to be a part of this team, which will reshape the way data centers are planned, deployed, and managed.

Wojtaszek joins an esteemed group of Directors and Advisors including Director Mike Benham, former energy trader with Vitol, a competitive race car driver, and Quantum Loophole Investor; Director Tom Daly, a Quantum Loophole investor, global internet infrastructure professional and advisor at Fastly; and Director Tom Natelli, CEO of privately held real estate investment and development concern, Natelli Communities and Quantum Loophole investor. In addition to the Board of Directors, Quantum Loopholes Executive Advisory Board includes Jay Adelson, serial entrepreneur and investor known for his work founding and running game-changing companies such as Equinix, Digg, Revision3, SimpleGeo, Opsmatic, Center Electric, and Scorbit; and Craig Weick, executive director, colocation and connectivity with the CME Group.

It is an honor to welcome Gary Wojtaszek to our Board of Directors and we very much look forward to the opportunity to work with him again. It is truly a testament to our vision of bringing a new wave of environmentally and socially responsible data centers to market through master planned data center developments delivering Gigawatt levels of critical power, adds Josh Snowhorn, Founder, CEO and Chairman of the Board of Quantum Loophole. Its exciting to compile such a talented management team, and now our Board, with such esteemed experience, know-how, and enthusiasm. We are all very much looking forward to evolving the data center market by creating efficiencies and improving performance, all the while aligning our industry with best practices for sustainability and innovative technologies that will transform the industrys approach to development for years to come.

Founded in 2020, Quantum Loophole recently announced that it has closed a highly successful initial seed series round of funding. Houlihan Lokey is serving as the exclusive financial advisor to the company. For more information about Quantum Loophole visit: http://www.quantumloophole.com.

About Quantum Loophole

Quantum Loophole disrupts data center development. The companys first-of-its-kind Gigawatt-scale, master planned data center city development approach uniquely addresses the scalability, connectivity and cost-efficiency challenges of todays large-scale deployments. Powered by innovative energy, fiber and access control systems, Quantum Loopholes master plan communities take the guesswork out of adding needed data center capacity, allowing hyperscalers, HPC and colocation providers to speed go-to-market capabilities. Incorporating renewable energy, land and water improvements offers an environmentally sound approach that reduces the overall carbon footprint while fully enabling powered land to bare metal server capabilities with the highest level of connectivity, reliability and security. For more information, please visit http://www.quantumloophole.com.

Forward-Looking Statements

This press release contains, and our officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our plans for data center cities, sustainable growth and community-mindedness, ability to manage pricing pressure, and similar statements.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets, land prices, power pricing volatility, capital and/or credit market availability, the adequacy of our cash flow, strategic actions, the occurrence of hostilities, political instability or catastrophic events, changes in customer demand, the extent to which we are successful in gaining new long-term relationships with customers, and the level of service failures that could lead customers to use competitors' services, developments and changes in laws and regulations, including increased regulation of the power and data infrastructure industry through legislative action and revised rules and standards, among others.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Read more:

Gary Wojtaszek, Former CEO of $12 Billion Data Center Technology REIT CyrusOne, to Join Quantum Loophole Executive Board - Business Wire