SAN FRANCISCO, May 13 /PRNewswire-FirstCall/ -- Digital Realty Trust announced today that A. William (Bill) Stein, CFO and Chief Investment Officer, was recognized by Institutional Investors 2009 America's Best CFOs survey, the magazine's seventh annual ranking of the top chief financial officers in the nation. Mr. Stein was ranked among the top five CFOs within the REIT category in the Financial Institutions sector.
According to the announcement by Institutional Investor, its 2009 ranking of America's Best CFOs identifies the top finance directors in each of 56 sectors within nine categories. The results are based on the responses of nearly 650 investment professionals at more than 350 of the world's most influential money management firms. It went on to describe that virtually all of the top-ranked CFOs are taking aggressive action to ensure that their companies not only survive the downturn, but also are in a position to increase their market share when the economy recovers.
"Well ahead of the credit crisis that began last fall, Bill and his finance team have successfully managed the Company's balance sheet, anticipating disruptions in the market while preserving and enhancing our liquidity position," commented Michael F. Foust, Chief Executive Officer of Digital Realty Trust. "Under his leadership, DLR has consistently taken advantage of opportunities in the market to access capital at favorable pricing from a variety of sources. We are proud of his achievements and believe that this recognition is well-deserved."
"It is an honor to be recognized by the investment community, and I sincerely appreciate the confidence and support of our shareholders, particularly during such challenging economic conditions," said Mr. Stein. "Our strategy has remained one of maintaining sufficient liquidity and financial flexibility to fund our growth and meet our maturing debt obligations. I look forward to continuing this strategy and pursuing other opportunities to enhance shareholder value."
About Digital Realty Trust, Inc.
Digital Realty Trust owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(SM) and Powered Base Building(SM) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 75 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 13.0 million square feet as of April 30, 2009, including 1.2 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout Europe and North America. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com/.
Forward Looking Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the United States Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2008 and the Company's quarterly reports on Form 10-Q for the quarter ended March 31, 2009. 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 A. Matthews Chief Financial Officer and Investor/Analyst Information Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1 (415) 738-6500 +1 (415) 738-6500
Digital Realty Trust
CONTACT: A. William Stein, Chief Financial Officer and Chief Investment
Officer, +1-415-738-6500, or Investors, Pamela A. Matthews, +1-415-738-6500,
both of Digital Realty Trust
Web Site: http://www.digitalrealtytrust.com/
