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Press Release -- April 26th, 2010
Source: Telecity Group
Tags: Exchange, Expansion

TelecityGroup announces new capacity plans in London

21MW customer power to be added to flagship Powergate facility, enlarging London data centre hub to meet high customer demand


TelecityGroup, the industry-leading provider of premium network independent data centres, today announces plans to add 21 megawatts (MW) of customer power to its flagship London facility, Powergate.

The new expansion has been planned in response to the growing demand from customers wishing to benefit from the services offered by TelecityGroup’s data centres.  Demand continues to be driven by the growth in the digital economy, and by local and international network service providers, content providers, financial services firms and other enterprises. The expansion is expected to be available to customers in phases from 2011, delivering new capacity as TelecityGroup’s existing data centre portfolio in Powergate reaches full occupancy.

The new expansion will add 10,000 sq m of space and take the total customer capacity at the site to 29MW, representing an increase of over 90% in the Group’s total available customer power in London and providing several years of growth at current fill rates.

Michael Tobin, CEO at TelecityGroup, comments: “Given the barriers to entry surrounding the provision of premium data centre capacity in the highly connected city centre locations in European markets, we are especially pleased that we have been able to secure several years of further growth capacity in the key London market, which has one of the highest ongoing demand rates for premium data centres globally.  This underpins our strategy of a controlled expansion programme within Europe where facilities are reaching full utilisation.”

As the capacity is being added to an established data centre, there are significant cost and connectivity synergies available. Customers will benefit from the multiple connectivity options already available at the facility, enhanced by the presence of the London Internet Exchange, LINX the world’s second largest Internet exchange.  Powergate is already ISO27001 and ISO 19001 certified for security and quality management and designed to provide customers with highly resilient, energy efficient and secure data centre services.

Adriaan Oosthoek, Managing Director at TelecityGroup UK and Ireland, says: “London has one of the highest demand rates for premium data centres globally, driven by the growing digital economy and increasing trend for enterprises to outsource their data centre requirements to premium operators. The new capacity gives our customers the assurance that their data centre growth plans can be accommodated by TelecityGroup into the future.  By expanding Powergate we remove the need to find a new greenfield site, which offers significant benefits in terms of build time, and on-the-ground expertise from our existing engineering team at Powergate.”

In 2009 TelecityGroup added new capacity in Amsterdam, Frankfurt, London, Milan, Paris and Stockholm. In February this year significant additional capacity was announced for Frankfurt. The Group’s total planned capacity has now increased to 88MW of customer power, up from an operational 34MW 24 months ago.

For further information please contact:

Investors:
TelecityGroup
Matthew Springett:  +44 (0)20 7005 6337

Media:
TelecityGroup:
James Tyler   +44 (0)20 7001 0076

Brunswick:
Sarah West / James Olley  +44 (0)20 7404 5959

Notes to Editors

Telecity Group plc

TelecityGroup is Europe’s industry leading provider of premium network-independent data centres offering a range of flexible, scalable data centre and managed services. TelecityGroup specialises in the design, build, and management of highly connected and secure environments in which customers can house their technical, web and internet infrastructure. Each of its data centres acts as a connectivity and content hub facilitating the storage, sharing and distribution of data, content and media. Headquartered in London, TelecityGroup operates 23 network-independent data centres across seven European countries. The data centres are located in prime positions for commerce and connectivity, including Amsterdam, Dublin, Frankfurt, London, Manchester, Milan, Paris and Stockholm.

TelecityGroup is listed on the London Stock Exchange (LSE: TCY)
www.TelecityGroup.com

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