21.06.2006 13:12:00
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BorderCOMM Joins Digital Realty Trust, Inc.'s Dallas Meet Me Room Expansion
SAN FRANCISCO, June 21 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. , the leading owner and manager of corporate data centers and Internet gateways, has completed a lease agreement with BorderCOMM L.P. (http://www.bordercomm.com/) that will enable the communications provider to join Digital Realty Trust's Meet Me Room expansion in Dallas. Through this agreement, BorderCOMM, a pioneer of cross-border communications between the United States and Mexico, will establish a presence in the recently completed Meet Me Room expansion at 2323 Bryan Street and cross-connect its network with tenants whose networks reach throughout the southwestern United States, Mexico and Latin America. The Meet Me Room expansion at 2323 Bryan Street, which was built as Digital Realty Trust's first Dallas Meet Me Room approached full capacity, provides state-of-the-art facilities to meet the robust demand for network cross-connection facilities in the Dallas market.
Meet Me Rooms are facilities that allow telecom carriers and network service providers to cost-effectively cross connect their networks to support the buying, selling and sharing of bandwidth. Digital Realty Trust offers telecommunications carriers and network ISPs advanced Meet Me Room facilities through its portfolio of Internet Gateway Facilities, providing tenants connectivity to other carriers and colocation customers with no cross connection fees. Digital Realty Trust's Meet Me Rooms are located in its Internet Gateway facilities in metro areas such as San Francisco, Chicago, Dallas, Los Angeles, Santa Clara, Miami, Charlotte and northern New Jersey.
"We are currently located in many of the most important communication centers in North America. Our presence in 2323 Bryan Street is a key peering point for our own growing network. Dallas is the most important communication hub for the Southwest United States and Northern Mexico, and the Meet Me Room at 2323 Bryan is the place to be in Dallas," said Thomas J. Spackman, Chairman and CEO of BorderCOMM.
"Our Meet Me Room expansion in Dallas makes it possible for more companies with operations in the Southwest to take advantage of our unique Meet Me Room amenities, such as no-cost cross connections. Digital Realty Trust Meet Me Rooms have particularly significant strategic value for companies like BorderCOMM with international operations because so many of our Internet Gateways serve as primary telecommunications hubs for large regions of North America and Europe," said Michael F. Foust, Chief Executive Officer of Digital Realty Trust. "2323 Bryan Street is the premier hub for the Southwest, and that provides our Meet Me Room tenants in Dallas with the opportunity to establish cross-connections with the widest possible array of carriers and network providers."
About BorderCOMM
Since 1986, BorderCOMM has been a pioneer of cross-border communication and wireless systems providing legal, cost effective solutions between the United States and Mexico. With headquarters in El Paso, Texas, BorderCOMM has offices all along the U.S./Mexican border and throughout the interior of Mexico, and the company is a legal concessionaire of the Mexican government holding spectra concessions in the 23 and 10.5 GHz frequency bands. BorderCOMM's broad customer base includes clients in the Fortune 1000, federal, state and local government agencies on both sides of the border, long distance carriers, cellular companies and value added service providers.
Last month, BorderCOMM purchased a fiber and wireless network with over 100 POPs located in ten western states. XC Networks is a newly created entity focused on providing last mile connectivity to enterprise and carrier customers throughout the western United States with on net capability to Mexico.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, repositions and manages technology-related real estate. The Company's 49 properties contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise data center tenants. Comprising approximately 10.0 million rentable square feet, including 1.2 million square feet of space held for redevelopment, Digital Realty Trust's property portfolio is located throughout the United States and Europe with one property in Canada. For additional information, please visit the Company's website at http://www.digitalrealtytrust.com/.
This press release contains forward-looking statements based on current expectations, forecasts and assumptions, including current expectations, forecasts and assumptions related to our market position. These current expectations, forecasts and assumptions involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include adverse economic or real estate developments in our markets or the technology industry; general economic conditions; defaults on or non-renewal of leases by tenants; increased interest rates and operating costs; failure to obtain necessary outside financing; decreased rental rates or increased vacancy rates; difficulties in identifying properties to acquire and completing acquisitions; failure to successfully operate acquired properties and operations; our relatively limited operating history in Europe; failure of acquired properties to perform as expected; failure to deliver secure facilities or the power required by our tenants; failure to maintain the Company's status as a REIT; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; and 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 Securities and Exchange Commission. 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: Media Contact: Business Contact: Rich Miller Chris Crosby 415-462-5633 214-231-2491 rmiller@digitalrealtytrust.com ccrosby@digitalrealtytrust.com Investor/Analyst Contact: Pamela Matthews 415-738-6532 pmatthews@digitalrealtytrust.com
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