Business & Finance
Business and Finance
Business and Finance
Fri, July 31, 2009
Thu, July 30, 2009 U-Store-It Trust : U-Store-It Expands National Self-Storage Network to More Than 300 Locations
WAYNE, PA--(Marketwire - July 30, 2009) - U-Store-It Trust (
"We have doubled the number of locations in the U-Store-It Network in the past 60 days," said U-Store-It Chief Executive Officer Dean Jernigan. "Our network is a fundamental element in our ability to serve our customers nationwide, to reach new customers, and to generate incremental revenue. We look forward to continuing to expand our network with additional partners and locations."
The U-Store-It Network provides access to self-storage locations nationwide. The Network was developed to support customer leads U-Store-It captures through various marketing strategies that cannot be serviced by a U-Store-It location. Participants in the U-Store-It Network do not compete with company-owned locations. Network locations are independently owned and operated.
Information regarding network partner location addresses, gate and office hours, location photos, unit types and pricing is available on [ http://www.ustoreit.com ]. Consumers may contact a particular network location via a unique phone number as well as reserve a specific unit type through the web site.
Network participants benefit from U-Store-It's national brand awareness, innovative marketing strategies, exclusive leads and unique customer tracking systems, via a pay-for-performance model.
Operators interested in joining the U-Store-It Network may contact the Company's Network Sales Department at 800-691-2003 or email [ networksales@ustoreit.com ]. Applications are also available online at [ www.ustoreit.com/network ]. The Company is currently accepting applicants on a first come, first serve basis.
To learn more about the U-Store-It Network, please visit the Company at the Self Storage Association Fall Conference on September 10-12, 2009 at Caesars Palace in Las Vegas, Nevada. U-Store-It will be located at booth 223.
About U-Store-It Trust
U-Store-It Trust is a self-administered and self-managed real estate investment trust. The company provides [ self-storage solutions ] in all 50 states through its 383 company-owned facilities and the U-Store-It Network, which consists of approximately 306 additional third-party locations. The company's self-storage facilities, storage space and storage solutions are designed to offer affordable, easily accessible, secure -- and in certain locations, climate-controlled storage space for residential and commercial customers, as well as [ boat storage ] and [ mini storage ]. According to the Self Storage Almanac, U-Store-It Trust is one of the top four owners of self-storage facilities in the U.S.
Visitors may go online to [ http://www.ustoreit.com ] to learn more about the company and to find a nearby storage facility. Visitors to ustoreit.com can also view the sizes and features of individual self-storage units, reserve [ storage space ], and pay their storage bills online using a safe, secure online payment function.
For more information about business or personal storage call U-Store-It toll free at 1-888-U-STORE-IT.
Forward-Looking Statements
Although the Company believes the expectations reflected in any forward-looking statements in this press release are based on reasonable assumptions, there can be no assurance that such expectations will be achieved. You should not rely on our forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties that could cause the Company's future results, performance, or achievements to differ significantly from the results, performance, or achievements expressed or implied by such statements. Such risks are set forth under the captions "Item 1A. Risk Factors" and "Forward-Looking Statements" in our annual report on Form 10-K and under the caption "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" (or similar captions) in our quarterly reports on Form 10-Q, and described from time to time in the Company's filings with the SEC. For forward-looking statements herein, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
