DHi signs new lease in Arlington, Virginia

DHi signs new lease in Arlington, Virginia

Arlington, VA (April 3, 2006) — DHi — "The Idea Company®" — has signed an 8 year lease for 19,808 sq. ft. of space at 1005 N. Glebe Road in the Ballston corridor of Arlington, Virginia.

Gersten Commercial Real Estate’s Rick Gersten, who has represented DHi for the past 11 years represented the company in this transaction. The property is currently managed by Jones Lang LaSalle for the landlord, Light Street Partners Ballston Limited Partnership.

DHi's portfolio of engineering and technology businesses includes the company's wholly-owned subsidiary, AfterGlow Technologies, Inc., a worldwide pioneer in the development and installation of photoluminescent safety solutions for the nation's office buildings. The AfterGlow family of products is currently being installed in the Pentagon under a $6.5 M multiyear contract.

AfterGlow products are also being adopted by major corporations in New York City due to the passage of Local Law 26, which in part mandates such signage in Class E office buildings in the city. Under the law, new installations must be completed by July 1, 2006.

The significant amount of square footage leased in the new building is due in major part to the growing interest nationwide in AfterGlow products, according to DHi President and CEO Richard J. Martin. "AfterGlow is poised for phenomenal growth in 2006 and beyond," says Martin.

Having leased business offices in the Ballston area for over 10 years, Martin decided to remain in Arlington because of the company's continuing close relationships with its Federal clients, not only in the photoluminescent arena, but also with its longstanding DoD clientele. Martin notes that Arlington, too, has approved installing photoluminescent signs in commercial buildings. "And we're the only company that has them," he says.

Gersten Commercial Real Estate is headed by Rick Gersten, a veteran broker and developer's agent in the Metropolitan Washington area. Gersten has partnered for over 10 years and joint ventured with Willard Freeman of The Freeman Group, LLC.