Attendees:
Randy Epstein – Treasurer and Secretary
Michael Costello – Chair
Graham Paul Wooden
Savvas Bout
Not in attendance:
Michael Still – Vice Chair
Tyler Coates
Meeting commenced at 3:07pm Eastern.
Michael Costello moved to accept the minutes from the September meeting, Graham seconded, and the motion passed.
Randy provided a financial update. Bank balance is a bit lower than recent average, but all bills are paid up to date, including the large purchases such as the QTS-ATL DWDM system. Past due is average for this time of year. There’s some past due that’s still on
the books that are with the collection group. We’re meeting contracted ARR targets and sales pipeline is looking good. We should meet and even exceed our goal this year.
Randy provided a progress report on CIX-NoVA. Still waiting for the dark fiber ring to complete. We’re a little behind schedule, but able to turn up members in Ashburn soon. Also working with Arista sales on next-gen switches to budget for next year since we are
going to need to add capacity in quite a few locations.
Michael Costello provided an update on the ProxMox migrations. Also, a thank you to Brandon for his volunteer work. Randy is working on swapping out the Arista switch in Miami that has a bad management port so the ProxMox migrations can be started there. Arista ticket opened and they are sending a new switch.
Randy is going to work with CoreSite on a press release.
Michael Costello put together a 2026 Compensation Committee consisting of himself, Graham and Savvas.
Michael Costello moved to adjourn, Randy seconded. Meeting adjourned at 3:38pm Eastern.