Hybrid Cloud Hosting Provider Codero Hosting Partners with Digital Realty for Dallas-Fort Worth Data Center
SAN FRANCISCO, May 13, 2014 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center and colocations solutions, announced today that Codero Hosting (www.codero.com) has selected Digital Realty for its new Dallas-Forth Worth data center in order to support a rapidly expanding customer base.
"After a lengthy review and selection process, we decided Digital Realty was not only the best technical and strategic choice, but also the most reliable partner for our new data center," said Robert Autenrieth, COO of Codero Hosting. "Working with Digital Realty has expanded our data center footprint with a state-of-the-art facility that aligns with our long-term strategic and business goals. We are counting on Digital Realty to assist us in future international expansion and enable us to bring our cloud and hybrid products worldwide."
Matt Miszewski, Digital Realty SVP of Sales and Marketing said, "We are honored to be chosen as Codero's strategic partner, and we are excited to be supporting such an innovative and enthusiastic organization."
Codero is excited to introduce businesses of all sizes to the power and flexibility of On-Demand Hybrid Cloud, which will be a key service delivered from Digital Realty's DFW location. Codero already has several anchor tenants with hundreds of servers and devices deployed.
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 financial services, cloud and information technology services, to manufacturing, energy, health care and consumer products. Digital Realty's 131 properties, including 13 properties held as investments in unconsolidated joint ventures, comprised approximately 24.5 million square feet as of March 31, 2014, including approximately 1.3 million square feet of space under active development and 1.4 million square feet of space held for future development. Digital Realty's portfolio is located in 33 markets throughout North America, Europe, 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 http://www.digitalrealty.com
About Codero Hosting
Codero Hosting delivers world-class dedicated, managed, cloud and hybrid hosting solutions on-demand for businesses of all sizes on a global basis. Codero integrates innovative industry-leading IT hosting solutions that are fully automated with all customer service delivered by a seasoned and highly technical US-based team. This allows companies to confidently outsource their IT hosting needs while empowering them with complete control over their IT environment. Codero offers hosting from its Phoenix, Arizona and Ashburn, Virginia data centers. All Codero services and products are backed by SAS 70 Type II secure data centers, live U.S.-based 24/7/365 support and a seasoned staff. An industry innovator, Codero has the only customer loyalty Rewards Program of any of the major industry players, as well as attractive, and rewarding affiliate, channel, and reseller programs. Codero is backed by growth equity firm Catalyst Investors. For more information about Codero, please visit www.codero.com or connect with Codero on Twitter and Facebook.
Safe Harbor Statement
This media alert contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results to differ materially, including statements related to Digital Realty's partnership with Codero and Codero's solutions. These risks and uncertainties include, among others, the impact of current global economic, credit and market conditions; decreases in information technology spending; adverse economic or real estate developments in our industry or the industry sectors that we sell to; risks related to our tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities; financial market fluctuations; 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; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; 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; and changes in laws and regulations, including those related to taxation and real estate ownership and operation. 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, as amended, for the year ended December 31, 2013 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2014. 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.
Sr. Manager, Analyst and Public Relations
Bazini Hopp for Codero
SOURCE Digital Realty Trust, Inc.