Telx Announces Fourth Expansion in Six Months

NEW YORK--(BUSINESS WIRE)--Telx, the leading interconnection company, announced today it has acquired an additional 6,000 square feet of fully conditioned colocation space at 200 Paul Street in San Francisco. The space, located in the Digital Realty Trust (NYSE: DLR) facility, can accommodate more than 200 cabinet equivalents, offering Bay Area businesses ready connections to diverse communications networks. The San Francisco acquisition marks Telx’s fourth expansion in just six months, totaling over 46,000 square feet of new space.. New York City’s 60 Hudson Street and 111 Eighth Avenue and Chicago’s 350 East Cermak Street facilities were added earlier this year.

According to Gartner analyst Lydia Leong, as reported in the Gartner report titled ‘Colocation Pricing in US Internet Data Centers Continue to Increase Rapidly’ (published October 19, 2007), the San Francisco Bay Area is one of the tightest data center colocation markets. “Internet centric businesses place their servers in key network hubs such as San Francisco and Washington DC to maximize the performance and minimize the price of their Internet connectivity.” According the TeleGeography, San Francisco is the second largest market for colocation in the United States, after New York. Many companies find it difficult to source usable space in the market and have been known to look in the greater Bay area including San Jose as an alternative to the tight San Francisco market.

“Telx is the leading provider of interconnection services within ten of our key facilities,” says Chris Crosby, Senior Vice President of Digital Realty Trust. “We are pleased to be able to support its growing business in San Francisco.”

“Our West Coast customers need high-quality, secure, network-rich and cost-effective space for their growing data, IP and content businesses,” says Chris Downie, President and Chief Financial Officer of Telx.

“Telx has just completed a strong second quarter keeping us in line to achieve an increase in revenue of more than 40 percent in 2008. Our expansions this year are a testament to this strong growth curve,” adds Downie.

The expansion space at 200 Paul is connected to the Telx “meet me” room in the building and is ready for immediate occupancy.

About Telx

Telx is a world-class leader in providing interconnectivity solutions through its network-neutral and network- rich, colocation facilities. With over a dozen facilities in North America, Telx offers cost effective networking solutions for customers to seamlessly access diverse global networks and exchange information in a secure and reliable environment. Over 600 leading telecommunications carriers, ISPs, content providers and enterprises rely on Telx’s world-class team to support their mission-critical global infrastructure and to create a global connectivity marketplace to dramatically expand their business growth. Telx is a privately held company headquartered in New York City with facilities in New York, Atlanta, Chicago, Dallas, Los Angeles, San Francisco, Santa Clara, Miami, Phoenix, Charlotte, and Weehawken, N.J. For more information, visit www.telx.com.