SAN FRANCISCO, Jan. 31, 2011 (PRNewswire) -- Digital Realty Trust, Inc. (NYSE: DLR), a global datacenter provider, has completed a new Turn-Key Datacenter® lease agreement with Steadfast Networks that expands Steadfast's footprint in Digital Realty Trust's 350 E. Cermak Road property. Through this lease agreement, Steadfast Networks will expand IT infrastructure to meet growing demand for its managed dedicated server services, collocation services, and IT services for financial services and trading companies. In total, Steadfast Networks now has more than 1.3 MW of power and more than 17,000 square feet of datacenter space in the world's largest data center, 350 E. Cermak, as well as a significant amount of office space for its corporate operations.
"This datacenter expansion enables Steadfast to provide our customers with a complete suite of services, including managed services, hardware, IT consulting, network services, space/power, monitoring, on-site staffing and more. We offer companies in the financial services and trading industry a compelling value proposition: our services decrease their capital expenditures while also reducing the workload of their internal IT teams, whether they work with Steadfast just on specific projects or outsource their entire IT department to our team," said Karl Zimmerman, Founder and CEO of Steadfast Networks.
"We are very pleased to expand our relationship with Steadfast Networks and support the growth of its business," said Brent Behrman, Senior Vice President, Sales of Digital Realty Trust. "Our Turn-Key Datacenters feature state-of-the-art, raised floor datacenter space that adheres to the highest engineering design standards with the most reliable components available. We are committed to meeting the technical specifications of our customers such as Steadfast Networks by providing a secure, reliable and cost effective datacenter facility."
Each Digital Realty Trust Turn-Key Datacenter facility is physically secure and features a state-of-the-art power and cooling architecture that has been optimized for green operation. Every Turn-Key Datacenter is built using the Company's proprietary POD Architecture® and uses metered power to ensure that clients pay only for the power that they use. They also come standard with Digital Realty Trust's PowerVU software, which enables centralized monitoring and management of datacenter power consumption, energy efficiency and load analysis.
About Steadfast Networks
Steadfast Networks is a Chicago-based company that provides data management services including managed dedicated servers, financial exchange market data, and Chicago and New York colocation services. The company meets the data and colocation needs of thousands of small and mid-sized companies and operates more than 20,000 square feet of data center space. Its Steadfast Financial Networks provides execution access services to the largest financial markets in the world, providing low-latency proximity financial market data. Steadfast Networks has been listed on the Inc. 5000 list of America's fastest growing private companies for the past three years.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. enables customers to deliver critical business applications by providing secure, reliable and cost effective datacenter facilities. Digital Realty Trust'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 Trust's 96 properties, excluding two properties held as investments in unconsolidated joint ventures, comprise approximately 16.8 million square feet as of December 9, 2010, including 2.3 million square feet of space held for redevelopment. Digital Realty Trust's portfolio is located in 28 markets throughout Europe, North America and Singapore. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com. Turn-Key Datacenter, Powered Base Building and POD Architecture are registered trademarks of Digital Realty Trust.
Other Sources, Links:
http://www.prnewswire.com/news-releases/steadfast-networks-expands-datacenter-infrastructure-in-digital-realty-trusts-downtown-chicago-property-114925754.html http://www.webhosting.info/news/1/digital-realty-trust-partners-with-steadfast-networks_0131114284.htm http://www.datacenterknowledge.com/archives/2011/01/31/steadfast-expands-in-chicago-internet-hub/