SAN FRANCISCO, May 23, 2012 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, has signed an agreement with American Internet Services (AIS), a leading provider of enterprise-class data center, cloud and connectivity services in the western United States, to expand its data center presence in Digital Realty's 120 East Van Buren property in Phoenix, Arizona.
AIS began its relationship with Digital Realty in November 2009 when opening its first premium data center outside of the Southern California region. Phoenix was selected because of its reputation of being one of the safest locations in the nation in terms of protection from natural disasters. Digital Realty met AIS's requirements by delivering a state-of-the-art, concurrently maintainable facility designed for flexibility, reliability and efficiency that includes a 2N UPS configuration, N+1 cooling infrastructure and 24x7x365 onsite security/support personnel.
"Digital Realty has been very supportive of our efforts to expand our business outside of the Southern California region," said Tim Caulfield, Chief Executive Officer at AIS. "Along with being the ideal facility to anchor our disaster recovery solutions, we feel Digital Realty's 120 East Van Buren data center will be an excellent home for a node of our VMWare-based, zero Cap-Ex cloud offering, AIS vCloudOne."
"As a leading provider of data center solutions, it has been a pleasure to work with AIS as it grows its business beyond retail colocation to include value-added services such as turnkey disaster recovery solutions and cloud offerings," said Michael Foust, Chief Executive Officer at Digital Realty. "We are committed to partnering with our customers for the long term and are pleased to be able to support the growth of AIS in the Phoenix market."
Digital Realty recently completed a SOC 2 Type 2 examination of its East Van Buren data center facility. This third-party audit serves to further demonstrate the commitment to provide a high level of standards for compliance and security.
About American Internet Services
American Internet Services (AIS) is an enterprise-class data center, cloud and connectivity services company, with premium data center footprints in Los Angeles, San Diego and Phoenix. AIS provides unsurpassed security and award-winning redundancy for both primary and disaster recovery (DR/BCP) colocation setups, cost-effective transit and transport connectivity solutions over fiber, copper and wireless, as well as managed services such as geographic load balancing, Internet firewall security and remote data storage. AIS is also a recognized leader in developing cloud strategies and applications for the Bio- and Life Sciences industries. Privately held, AIS is backed by Seaport Capital, Viridian Investments, and DuPont Capital Management. For more information, visit www.americanis.net or call (866) 971-2656.
About Digital Realty
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.
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 its agreement with AIS for expansion in its Phoenix facility. 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 its geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in its industry or the industry sectors that it sells to (including risks relating to decreasing real estate valuations and impairment charges); its 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; its failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund its business activities, including re-financing and interest rate risks, its failure to repay debt when due, adverse changes in its credit ratings or its breach of covenants or other terms contained in its loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; its inability to manage its growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; its failure to successfully integrate and operate acquired or redeveloped properties or businesses; risks related to joint venture investments, including as a result of its 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; its inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; its inability to acquire off-market properties; its inability to comply with the rules and regulations applicable to reporting companies; its failure to maintain its status as a REIT; possible adverse changes to tax laws; restrictions on its ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of its 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 Digital Realty Trust, Inc. with the U.S. Securities and Exchange Commission, including Digital Realty Trust, Inc.'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. Digital Realty Trust, Inc. 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
Chief Financial Officer and
Vice President, Investor Relations and
Chief Investment Officer
Digital Realty Trust, Inc.
Digital Realty Trust, Inc.
+1 (415) 738-6500
+1 (415) 738-6500
SOURCE Digital Realty Trust, Inc.