Company news
12/11/2007
TelecityGroup begins fit-out of additional space in City of London data centre*
Investment will deliver an additional 550 square metres of high quality data centre space at Oliver’s Yard facility.
12 November 2007; TelecityGroup, a European provider of network independent data centres and managed services, today announced that work had started on fitting-out an additional 550 square metres of hosting space at its Oliver’s Yard data centre in central London. The expansion comes ahead of the planned opening of TelecityGroup’s new 2kW per square metre data centre, Powergate, in west London, scheduled for Q2 2008.
The facility expansion will be available for customer occupation from Q1 2008 and will support services of up to 1.5kW per square metre. A dedicated high-density suite was completed at Oliver’s Yard earlier in the year.
Mike Tobin, CEO of TelecityGroup, says: “We’re expanding the Oliver’s Yard data centre in response to ongoing demand from TelecityGroup customers for a range of services at our City-based site. The additional capacity will provide customers with the highly secure, connected environment they require to support the growth in their business objectives.”
*Note: The additional data centre space referenced in this announcement was disclosed as recent and planned expansion to London 7 on page 40 of the Telecity Group plc prospectus dated 24 October 2007.
About TelecityGroup
TelecityGroup is a pan-European provider of 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 a connectivity and content hub facilitating the storage, sharing and distribution of data, content and media. Headquartered in London, TelecityGroup operates 18 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
For further press information please contact
Dan Warren or Louisa Benckendorff
Nelson Bostock Communications +44 (0)20 7229 4400
Dan.warren / louisa.benckendorff @nelsonbostock.com
