Agreement Ensures Timely Access to Fuel for Datacenter Generators
SAN FRANCISCO, Sept. 2 /PRNewswire-FirstCall/ -- Digital Realty Trust,
Inc. (NYSE: DLR), the leading owner and manager of corporate and Internet
gateway datacenters, has signed an exclusive agreement with Foster Fuels to
provide customers with dependable emergency fuel delivery for power generators
at any of Digital Realty Trust's U.S. Turn-Key Datacenter(TM) facilities. This
value-added service is unique in the datacenter industry and ensures that
Digital Realty Trust customers can maintain their datacenter operations even
during prolonged utility outages caused by events such as natural disasters.
Foster Fuels (http://www.emergencyfuelservice.com), in business since
1921, is one of the leading emergency fuel delivery companies in the United
States, with nationwide operations capable of rapidly providing fuel support
to each of the markets where Digital Realty Trust's domestic properties are
located. Through this agreement, Digital Realty Trust customers at any of the
company's U.S. Turn-Key Datacenter(TM) facilities will be able to obtain
emergency fuel emergency fuel within 24 hours. Both companies are also
exploring the possibility of making this available to customers at all Digital
Realty Trust U.S. facilities in the near future. Through this agreement,
Digital Realty Trust and its customers can also arrange for pre-staging of
generator fuel to support uninterrupted fuel delivery even in disaster
situations with complex logistics.
"Digital Realty Trust's facilities house critical operations for our
customers and this agreement with Foster Fuels ensures that customers can stay
up and running on generator power even during prolonged utility power
outages," said Ted Martin, Vice President of Technical Operations at Digital
Realty Trust. "Foster Fuels has built a very strong reputation for its
emergency fuel oil services and it has the resources, operations and protocols
to support the specific needs of datacenter customers. We have worked with
Foster Fuels to supply our own fuel oil needs, and now this service is
available to our customers to support their disaster operations plans. We are
proud to be the first company in the datacenter industry to offer this kind of
service."
"Emergency fuel service is an area we specialize in and we have the
contracts, relationships and dedicated equipment to get fuel to our customers
when they need it. In addition to serving Digital Realty Trust and its
customers, we are the prime contractor responsible for providing ground fuel
support during National Declared Emergencies in support of Department of
Homeland Security / FEMA. We have long term relationships with major oil
companies around the country that provide availability of fuel supply from a
variety of sources and locations. We also have dedicated equipment, trucks and
staff solely for our emergency fuel service," said Watt R. Foster Jr.,
President of Foster Fuels. "If anybody can make it happen during an emergency,
Foster Fuels can."
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and
manages technology-related real estate. The Company is focused on providing
Turn-Key Datacenter(TM) and Powered Base Building(TM) 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 74 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 12.9 million rentable square feet as of August 6,
2008, including 1.9 million square feet of space held for redevelopment,
Digital Realty Trust's portfolio is located in 27 markets throughout North
America and Europe. For additional information, please visit Digital Realty
Trust's website at http://www.digitalrealtytrust.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 the Company's ability to obtain or
Foster Fuels' ability to deliver emergency fuel supplies. These risks and
uncertainties include adverse economic or real estate developments in the
Company's markets or the technology industry; general economic conditions or
recession; construction and development delays, termination of leases by
tenants; increased interest rates and operating costs; inability to manage
domestic; failure to obtain necessary outside financing; decreased rental
rates or increased vacancy rates; difficulties in identifying properties to
acquire and completing acquisitions at acceptable return levels; failure to
successfully operate acquired properties and operations; failure of acquired
properties to perform as expected; failure to successfully redevelop
properties acquired for such purposes or unexpected costs related thereto;
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; risks of operating
in foreign markets; 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
United States Securities and Exchange Commission, or SEC, including the
Company's annual report on Form 10-K for the year ended December 31, 2007 and
the Company's quarterly reports on Form 10-Q for the quarters ended March 31,
2008 and June 30, 2008. 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
Chief Financial Officer and
Chief Investment Officer
Digital Realty Trust, Inc.
+1 415-738-6500
Pamela A. Matthews
Investor/Analyst Information
Digital Realty Trust, Inc.
+1 415-738-6500
Chris Crosby
Sales & Technical Services
Digital Realty Trust, Inc.
+1 214-231-1350
SOURCE Digital Realty Trust, Inc.
-0- 09/02/2008
/CONTACT: A. William Stein, Chief Financial Officer and Chief Investment
Officer, or Pamela A. Matthews, Investor-Analyst Information, +1-415-738-6500,
or Chris Crosby, Sales & Technical Services, +1-214-231-1350, all of Digital
Realty Trust, Inc./
/Web site: http://www.digitalrealtytrust.com
http://www.emergencyfuelservice.com /
(DLR)