LONDON, May 21, 2012 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data centre solutions, has signed a new long-term lease with Ecritel, a provider of internet hosting and managed services for businesses, at Digital Realty's Paris facility. The lease commenced 1 April 2012.
Ecritel has experienced a surge in demand for its Infrastructure-as-a-Service (IaaS) solutions, as clients migrate an increasing volume of data into hosted and cloud-based environments.The partnership with Digital Realty will allow Ecritel to replicate its existing IaaS offering thanks to the new 4,300 square feet (400 square meter) facility in the greater Paris region, giving greater capacity to manage this growing demand from its expanding roster of clients.
Commenting on the agreement, Christophe Doveil, Managing Director at Ecritel said: "Since 2003 our strategy has been to focus on delivering expertise to our clients through our services. By partnering with Digital Realty for our new site, we were able to remove the challenge of building the data centre ourselves, while enabling us to ensure a continuity of these services 24/7/365. The necessity for high-end technology, tightened security and guaranteed availability are becoming increasingly central to Infrastructure-as-a-Service. We know Digital Realty has the expertise and scope to match our demands."
Adam Levine, Vice President, Europe at Digital Realty, added: "As organisations increasingly move data into hybrid cloud infrastructures, it fuels significant expansion opportunities for cloud service providers. Ecritel is amongst the very best of these. The growth in demand for facilities that provide a megawatt or less is a sign that such service providers are reacting to this shift and are planning to capitalise on increased maturity in the cloud computing market. At Digital Realty we're helping to ensure that businesses of all sizes are able to meet their data centre expansion requirements, be it on a large scale or a modular basis."
Ecritel's new data centre will be supported by dedicated power and cooling infrastructure provided as part of Digital Realty's POD Architecture® data centre design, ensuring that the facility remains operationally independent. Ecritel will also benefit from the lower energy costs associated with Digital Realty's facility.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. focuses on delivering customer driven data center solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data center needs. Digital Realty's customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty's 102 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 19.1 million square feet as of April 26, 2012, including 2.2 million square feet of space held for redevelopment. Digital Realty's portfolio is located in 31 markets throughout Europe, North America, Singapore and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty's website at http://www.digitalrealty.com.
Ecritel provides custom dedicated hosting and facilities management services. As a leading provider, Ecritel advises and assists small and medium enterprises as well as large accounts, notably in e-commerce, as they optimize and manage their infrastructure.
Ecritel is a key player in Infrastructure-as-a-Service (IaaS) and specializes in hosting secure, critical sites and Web and mobile applications. Ecritel is recognized for its powerful solutions, customized offer, and international footprint. For further information, see www.ecritel.fr.
Safe Harbor Statement
This press release contains forward-looking statements which are based on Digital Realty Trust, Inc.'s current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the new lease with Ecritel. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions, including the downgrade of the U.S. government's credit rating; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or redeveloped properties or businesses; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development or redevelopment of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2011 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2012. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Additional Information: -------------- A. William Stein Pamela M. Garibaldi Adam Levine Chief Financial Vice President, Investor Officer and Relations Vice President, Sales Chief Investment Officer and Corporate Marketing Digital Realty Trust, Inc. Digital Realty Trust, Inc. Digital Realty Trust, Inc. +44 (20) 7954 9120 +1 (415) 738-6500 +1 (415) 738-6500
SOURCE Digital Realty Trust, Inc.