Carrier1 Announces Construction of Berlin and Munich Fiber-Optic City Rings.Business and Technology Editors ZURICH, Switzerland--(BUSINESS WIRE)--Aug. 8, 2000 Two high-capacity fiber city networks underway in Germany to tie into Carrier1 National German fibre ring and the Carrier1 Pan-European network Carrier1 International S.A. (Neuer Markt: CJN CJN Canadian Jewish News ; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CONE), a leading European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. provider of end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , bandwidth, data center and access solutions, has announced that it has begun construction of two more fibre optic city rings in Berlin and Munich. The two German city rings -- 16 kilometres have already been installed in Munich and 35 kilometres in Berlin -- will enable the interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. between the major data centers, carriers and access nodes in each of these cities to the Carrier1 national German network, thus allowing Carrier1 to drastically dras·tic adj. 1. Severe or radical in nature; extreme: the drastic measure of amputating the entire leg; drastic social change brought about by the French Revolution. 2. reduce connection costs for the "last mile" and to improve delivery to customers. These projects in Berlin and Munich follow the recent start of construction works for a 114-kilometer-long network in Amsterdam, the announcement of the start of the installation of a 39-kilometer ring in Paris, and the agreement signed in July with the City of Milan for the construction of a 60-kilometer-long, high-capacity fiber city network. With these foundations in place, Carrier1 aims to satisfy the growing need for high-speed applications that currently characterizes the European market. "The Berlin and Munich city rings further increase the overall utility of our German National network while continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. reducing costs and improving our lead time to get to our customers," said Neil Craven CRAVEN. A word of obloquy, which in trials by battle, was pronounced by the vanquished; upon which judgment was rendered against him. , Executive Vice President, Business Development. "We expect both of these rings to be completed in the first half of the year 2001." Carrier1 is on track to complete 20 similar city rings across Europe by the end of 2001. These networks will connect major telecom centers as well as IT Mega-Centres being developed through its DigiPlex joint venture. About Carrier1 Carrier1 International S.A. is a Pan European facilities- based provider of end-to-end Internet, voice, bandwidth, data center, and access solutions. Carrier1 provides its clients with carrier-grade transport and network solutions as well as end-user ready value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services. Carrier1 customers brand and market these solutions and services to their respective end-users. The Carrier1 pan-European inter-city fibre network connects 12 countries and currently spans over approximately 11,000 route kilometres connecting our points-of-presence in over 20 European cities. Carrier1 is operational in all 12 countries and has secured all the necessary interconnects and operational licenses that allow it to provide network solutions and end-user ready value added services. Carrier1 is also constructing 6 city ring fibre networks and plans to build at least another 14 city ring fibre networks. Through its investment in the joint venture DigiPlex, Carrier1 is building 8 full-service data center facilities and plans to build at least another 12 data center facilities. Carrier1's principal management services subsidiary is located in Zurich, Switzerland. Carrier1 is listed on the Neuer Market in Frankfurt under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "CJN" and on the NASDAQ in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of under the ticker symbol "CONE". More information is available at www.carrier1.com. Forward Looking Statements: The information contained in this press release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the U.S. Federal Securities Law. These statements relate to our future growth in: demand for our services and our network (including our city rings, date centers and other infrastructure) development, connection costs and quality of services. These statements are based on the current expectations of the management of Carrier 1 International S.A., and performance is subject to risks, uncertainties and other factors that could cause actual results to differ materially from these statements. Such risks include, but are not limited to, adverse regulatory, technological or competitive developments, decline in demand for the company's services or products, inability to timely develop and introduce new technologies, products and services, pressure on pricing resulting from competition, unforeseen construction delays, and failure to receive on a timely basis necessary permits or other governmental approvals, and failure to obtain any necessary financing which could cause the actual results or performance of the company to differ materially from those described herein. For a more detailed discussion of such risks and uncertainties affecting the company other factors please refer to the company's prospectuses and 10-K,10-Q and 8-K reports filed with the U.S. Securities and Exchange Commission, including its 10-K for the year ended 31 December 1999 and its 10-Q for the 3-month period ended 31 March 2000 and the 3-month period ended 30 June 2000. |
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