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DuPont Fabros Technology, Inc. Provides ACC5 Data Center Lease Details

March 23, 2009 by  

Webmaster NewsWASHINGTON – DuPont Fabros Technology, Inc.(NYSE: DFT) today announced details of a lease agreement at its ACC5 data center facility in Ashburn, Virginia, earlier announced with the fourth quarter 2008 results. A total of 2.275 megawatts (MW) of critical load was pre-leased to Net2EZ Managed Data Centers, a national provider of collocation, metro-connectivity and managed data center services. The space represents 12.5 percent of ACC5’s Phase I available critical load and is included in the 57 percent of space pre-leased to date at that facility.

DuPont Fabros began ground-up construction of ACC5 in the first quarter of 2008 and expects to deliver the facility in the third quarter of 2009. When completed, ACC5 will comprise two phases of 18.2 MW totaling 36.4 MW of critical load.

Net2EZ currently leases 2.275 MW of critical load at the Company’s ACC4 data center facility in Ashburn. The tenant’s flexible platform and expanded presence at DFT’s two Ashburn facilities provide an opportunity for companies historically considered too small to now gain access to top-tier wholesale data centers like ACC4 and ACC5.

Hossein Fateh, President and Chief Executive Officer of DuPont Fabros Technology, Inc., said, “Through this agreement with Net2EZ at ACC5 we are strengthening our relationship with a high quality and valued tenant at our Ashburn campus. Moreover, this will allow smaller companies to capitalize on the level of reliability we’ve made available through our best in class data centers. Looking ahead, it is our hope that Net2EZ will serve as an effective conduit through which smaller scale companies will develop, thrive and ultimately become direct tenants of DFT.”

Pervez Delawalla, Chief Executive Officer of Net2EZ, said, “As a current tenant, we believe that DuPont Fabros Technology offers the best quality data center space available in the northern Virginia market today. Our decision to take additional space at the Company’s new ACC5 data center demonstrates our confidence in these facilities and further strengthens a productive partnership.”

About DuPont Fabros Technology, Inc.
DuPont Fabros Technology, Inc. (NYSE: DFT) is a real estate investment trust (REIT) and leading owner, developer, operator and manager of wholesale data centers. The Company’s data centers are highly specialized, secure facilities used primarily by national and international technology companies to house, power and cool the computer servers that support many of their most critical business processes. DuPont Fabros Technology, Inc. is headquartered in Washington, DC. For more information please visit www.dft.com.

About Net2EZ Managed Data Centers
Net2EZ Managed Data Centers is a leading provider of high-availability colocation, metro-connectivity, and managed data center services. They provide end-to-end IP solutions, including business resumption planning, security consulting services, mass storage, and network planning. With Tier-1 connectivity, Net2EZ is perfectly positioned to deliver a complete data center solution for both online and enterprise-grade clientele. Net2EZ enables some of the industry’s top content providers, webcasters and enterprise customers to quickly deliver results while ensuring unmatched performance and security. Their innovative platform has been proven to dramatically reduce costs associated with high availability hosting, e-commerce, distance learning, online entertainment, and corporate connectivity. More information is available at (888) 931-3444 or www.net2ez.net.

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