DuPont Fabros Technology, Inc. Announces Election of Directors

* Reuters is not responsible for the content in this press release.

Tue May 20, 2008 6:27pm EDT

Ratifies Independent Accounting Firm Appointment

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.
SOURCE  DuPont Fabros Technology, Inc.

Victoria Baker of Financial Relations Board, +1-703-796-1798, for DuPont
Fabros Technology, Inc.
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.