Tuesday, May 20, 2008

DuPont Fabros Technology, Inc. Announces Election of Directors

Ratifies Independent Accounting Firm Appointment
Declares Second Quarter 2008 Dividend

WASHINGTON, May 20 /PRNewswire-FirstCall/ -- DuPont Fabros Technology,
Inc. (NYSE: DFT), a real estate investment trust (REIT) that builds, owns
and operates wholesale data centers, today announced that stockholders
elected seven directors to the Company's Board of Directors at its May 20,
2008 Annual Meeting of Stockholders in Washington, DC. Stockholders voted
to elect each of the following director nominees to a one-year term: Lammot
J. du Pont, Hossein Fateh, Mark Amin, Michael A. Coke, Thomas D. Eckert,
Frederic V. Malek and John H. Toole. Stockholders also ratified the
appointment of Ernst & Young LLP as the Company's independent registered
accounting firm for the 2008 fiscal year.

The Company's Board of Directors has also declared a cash dividend of
$0.1875 per share on the Company's common stock for the second quarter
2008. The dividend is payable on July 11, 2008 to shareholders of record as
of June 27, 2008.

About DuPont Fabros Technology, Inc.

DuPont Fabros Technology, Inc. (NYSE: DFT) is a real estate investment
trust (REIT) and leading owner, developer, operator and manager of
wholesale data centers. The Company's data centers are highly specialized,
secure facilities used primarily by national and international technology
companies to house, power and cool the computer servers that support many
of their most critical business processes. DuPont Fabros Technology is
headquartered in Washington, DC. For more information please visit
http://www.dft.com.

Forward-Looking Statement

Certain statements contained in this press release may be deemed to be
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The matters described in these
forward-looking statements describe expectations regarding future events,
results and trends and are subject to known and unknown risks,
uncertainties and other unpredictable factors, many of which are beyond the
Company's control. The Company faces many risks that could cause its actual
performance to differ materially from the results predicted by its
forward-looking statements, including, without limitation, the risk that
the Company may be unable to obtain financing on favorable terms, the risks
commonly associated with construction and development of new facilities,
risks relating to compliance with permitting, zoning, land-use and
environmental requirements, the risk related to leasing space to tenants in
our data centers, the risk that the Company may be unable to acquire
additional properties on favorable terms or at all, and the risk that the
Company may not be able to maintain its qualification as a REIT for federal
tax purposes. The periodic reports that the Company files with the
Securities and Exchange Commission, as well as the annual report on Form
10-K for the year ended December 31, 2007, contain detailed descriptions of
these and many other risks to which the Company is subject. Because of
those risks, the Company's actual results, performance or achievements may
differ materially from the results, performance or achievements
contemplated by its forward-looking statements. The information set forth
in this news release represents management's current expectations and
intentions. The Company assumes no responsibility to issue updates to the
forward-looking matters discussed in this press release.



See Also

Source: Real Estate Newswire

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