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New facilities to meet the strong demand in the Italian and Swedish markets

TelecityGroup, the leading premium provider of highly connected data centres in Europe, today announces that its new data centres in Milan and Stockholm are open for business on time and in-line with its capital expenditure forecast. These openings represent the latest stage in the Group’s demand-driven, fully funded programme of expansion, which will lift power capacity for customer use from 33 megawatts (MW) in 2008 to some 60MW in 2011. TelecityGroup now has two data centres in both Milan and Stockholm and 22 operational facilities across Europe.

At full capacity the new data centre in Milan will offer approximately 3 MW and 2,300 square metres of customer capacity. In Stockholm, at full capacity the data centre will provide 2,800 square metres and approximately 4 MW of customer power.

Michael Tobin, CEO of TelecityGroup, commented: “I’m very pleased to announce the opening of our new data centres in Milan and Stockholm, which were developed in response to strong, ongoing demand in key, established geographies. These openings further demonstrate the Group’s critical role in providing the infrastructure underpinning the European digital economy. Both data centres already have good customer orders and will allow TelecityGroup to capture the growth in the Italian and Swedish markets.”

Luca Beltramino, Managing Director of TelecityGroup Milan, commented: “Milan is one of Western Europe’s fastest growing network independent data centre markets. The expanding internet economy is a great source of opportunity for TelecityGroup and our new facility will ensure we have capacity to capture the growth in the Italian market. We are very pleased that a major Italian bank has already signed a significant contract for capacity in the facility.”

Niclas Sanfridsson, Managing Director of TelecityGroup Sweden, commented: “This new, state-of-the-art, facility enables us to cater for customers who are increasingly seeking premium, network independent, resilient data centres to provide secure hosting and connectivity services. One of our first customers is Netnod, the Swedish Internet exchange, which will have a live presence in the new Stockholm site from launch, offering global peering and connectivity options for customers. In addition, we have secured a major agreement with a leading global systems integrator for capacity in both the new and existing data centres.”

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

TelecityGroup is the leading premium provider of highly connected data centres in Europe, offering a range of flexible, scalable data centre and value added 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 a connectivity and content hub facilitating the storage, sharing and distribution of data, content and media. Headquartered in London, TelecityGroup operates 22 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.

Telecity Group plc, the parent company of TelecityGroup, is listed on the London Stock Exchange (LSE: TCY)

www.TelecityGroup.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Nelson Bostock Unlimited in the following categories: Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.