MEGAPORT TO WORK WITH GLOBAL IT COMPANY DIGITAL REALTY ON NEW PRODUCT ROLLOUT

MEGAPORT (ASX: MP1) will provide its hardware to San Fransisco-based Digital Realty (NYSE: DLR) as it rolls out a new product globally, it announced today.

The Brisbane-based company will provide its SDN based elastic fabric interconnection to Digital Realty to launch Service Exchange, which will allow customers to access multiple virtual private connections through one port.

Megaport Chief Executive Officer, Denver Maddux, says it is a "pioneering initiative".

"Service Exchange is fully integrated with Megaport's ubiquitous elastic fabric, which enables Digital Realty customers around the world to easily access the newest interconnection services and cloud network solutions," says Maddux.

"Digital Realty has a longstanding tradition of enabling rapid scalability through its global infrastructure platform, and these benefits are now being complemented by Megaport's similarly scalable interconnection platform.

"The combination of these capabilities creates an innovative offering for the industry."

Service Exchange will be available in 24 data centres across 15 markets by mid 2017, beginning with Atlanta, Chicago, Dallas, Los Angeles, New York, San Fransisco, Seattle and Ashburn in the fourth quarter of this year.

Further, the service will be rolled out in Amsterdam, Dublin, Miami, Singapore and Portland in the second quarter of 2017.

Megaport shares are trading up 4.90 per cent this morning, at $3.20 each.

Digital Realty is a global provider of data centre, colocation and interconnection solutions. The company's shares are trading up 2.72 per cent, at $98.09 per share, on the NYSE today.