Digital Realty Achieves 'five 9s' of Uptime for Sixth Consecutive Year
SAN FRANCISCO, April 3, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, today announced that the company achieved "five 9s" of uptime for its Turn-Key FlexSM data centers for the sixth consecutive year with 99.999% availability during 2012. The uptime metrics are based on a comprehensive evaluation of the company's Turn-Key Flex facilities worldwide using standard industry methodology.
"This is the sixth consecutive year Digital Realty has provided the highest level of reliability in uptime," said Dave Caron, senior vice president of portfolio management at Digital Realty. "Over the past six years, our operating portfolio of Turn-Key Flex facilities has grown from 23 to 158 data centers. During this time, our Turn-Key Flex data centers have provided nearly 228 million minutes, approximately 443 years, of uptime. Our standards-based approach to construction, operations and a rigorous maintenance program coupled with the industry leading team of experts managing our data centers allows us to consistently deliver solutions that provide the reliability our customers require to run their businesses."
Digital Realty's data center network supports more than 30 Fortune 500 companies across the globe. The company's commitment to uptime reliability allows its customers – telecommunications network providers, IT services firms, financial services organizations, Internet enterprises and corporate enterprise customers – to continue to run their businesses without disruption.
"I am extremely proud of our uptime performance this year," said Michael F. Foust, chief executive officer at Digital Realty. "Our data center infrastructure not only performed as expected under normal circumstances, we experienced zero down time in Digital Realty owned and operated data centers in the path of Superstorm Sandy. This is a testament not only to the strength and resiliency of our designs, but also to the teams we have on the ground operating the data centers on behalf of our customers."
Digital Realty's Turn-Key Flex solution is a modular approach to delivering secure, enterprise quality data center space to meet customers' just-in-time requirements. Designed to provide maximum flexibility, reliability and efficiency, each Turn-Key Flex facility comes fully commissioned with its own dedicated electrical and mechanical infrastructure. Utilizing Digital Realty's proprietary POD Architecture® and extensive supply chain, Digital Realty's next generation Turn-Key Flex data center solution is designed for the future and ready today.
About Digital Realty
Digital Realty Trust, Inc. focuses on delivering customer driven data centre solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data centre 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 119 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 22.2 million square feet as of February 28, 2013, including 2.4 million square feet of space held for development. Digital Realty's portfolio is located in 32 markets throughout Europe, North America, Asia 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 www.digitalrealty.com.
Safe Harbor 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, including statements related to our uptime statistics and our approach to construction, operations and maintenance. 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 developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development 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 development; 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, 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: |
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A. William Stein |
Pamela M. Garibaldi |
Chief Financial Officer and |
Vice President, Investor Relations and |
Chief Investment Officer |
Corporate Marketing |
Digital Realty Trust, Inc. |
Digital Realty Trust, Inc. |
+1 (415) 738-6500 |
+1 (415) 738-6500 |
SOURCE Digital Realty Trust, Inc.
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