Carrier1 Announces Launch of Pan European Virtual Internet Service Provider Platform.

Business & High Tech Editors

FRANKFURT, Germany--(BUSINESS WIRE)--March 15, 2000

Carrier1 International S.A. (Neuer Markt: CJN; NASDAQ: CONE), the Pan European facilities-based provider of end-to-end Internet, bandwidth, data center and access solutions, announces today the launch of its Pan European Virtual Internet Service Provider platform ("VISP").

The VISP platform provides Internet Service providers, Internet portals and E-Commerce sites with a turn-key solution connecting and enabling the respective end-user of that ISP, Portal or E-Commerce Site. The service includes a variety of access services including various forms of dial-up as well as direct connectivity, Internet transport services, and multiple functionalities to be released in various stages starting April 1st. Carrier1 expects to complete its Pan European roll out of its VISP platform by year-end 2000. The platform allows an ISP, Portal or E-Commerce provider to roll out its services across Europe with minimal infrastructure investment and maximum speed. It also allows facilities-based regional providers to expand their customer reach into other parts of Europe relying on Carrier1's significant infrastructure and operational presence throughout Europe.

Given its ubiquitous presence across Europe with network, access services and operational presence, Carrier1 is uniquely positioned to become the partner of choice for ISPs, Portals and E-Commerce sites all across Europe.

The VISP functionalities include or will include: domain registration, e-mail management, end-user web space, a browser platform and a dedicated search engine, various enabling technologies such as multicast and caching services, content feeds, customer care functions and various outsourcing partners for web design and fulfillment functions. Carrier1 aims to provide all aspects of these services in a highly scalable environment in order to be able to support the significant growth of end-users and the continued improvement of functionality and end-to-end connectivity.

Alex Schmid, Vice President Internet Products comments: "Looking at the dynamic market environment and, more specifically, recent announcements in the UK, Internet-driven concerns of all types will look to optimize their business models in order to remain competitive and continue to capture end users. We are the solutions provider for these companies - we help optimize business models by providing faster roll outs, more capital efficient growth mechanisms, better overall functionality - therefore a better end user experience. We have created an open architecture in order to accommodate the specific requirements of each one of our Internet clients because no Internet business is like another - I believe our ability to work with people and to understand their goals is truly our competitive advantage."

About Carrier1

Carrier1 International S.A. is a Pan European facilities-based provider of end-to-end Internet, 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 services to be branded and marketed in our clients' name to their respective end users.

Carrier1 has a 9,000km Pan European inter-city fiber network connecting 11 countries. We are also constructing at least 20 intra-city fiber networks and, through its investment in the joint venture HubCo S.A., we are building at least 20 full-service data center facilities. We are already fully operational in all 11 countries and have secured all the necessary interconnect and operational licenses that allow us to provide our network solutions and end-user ready value added services.

Carrier1 headquarters are in Zurich, Switzerland. We are listed on the Neuer Markt in Frankfurt under the ticker symbol "CJN" and on the NASDAQ in New York under the ticker symbol "CONE". For all future inquiries please contact Stephen Kraft, Director Marketing and Communications at (331) 46 39 35 14.