AMSTERDAM,The Netherlands, Nov. 12, 2001 (PRIMEZONE) -- Carrier1 (Neuer Markt:CJN) (Nasdaq:CONE), one of Europe's top suppliers of large-scale, end-to-end voice, data and Internet services, today announced the launch of its first combined City Ethernet / IP Transit service on behalf of Amsterdam-based Capcave. The new service will provide virtual LAN (vLAN) ethernet access to Carrier1's Internet service as well as to the Amsterdam Internet Exchange (AMS-IX) using an advanced city-ethernet solution.
Capcave is a leading new media fulfillment company in the Netherlands. The company specializes in new media concepts and delivers all needed elements, from design to audio/video applications to hosting. This Carrier1 service is intended to improve significantly the speed and quality of content distribution.
"Launching this new service enables Carrier1 to expand greatly the number of access points available for its international services in Amsterdam," said Marc Gauw, Managing Director of Carrier1 Netherlands. "It also gives Carrier1 access to new revenue streams in the Netherlands - from City Ethernet services - in addition to its revenue from existing core services such as IP Transit. All of this was accomplished in record time - and at low cost - by utilizing our existing metro fiber ring infrastructure and technology. It's a win-win for all involved."
"We have selected Carrier1 because they were able to provide this service quickly and efficiently," said Rob van Someren, Managing Director of Capcave. "It will help us save on capital and operating expenditures by eliminating the need for an additional router. Therefore, it will also benefit our customer base."
About Carrier1
Carrier1 International S.A (Neuer Markt: CJN; Nasdaq:CONE), a is one of Europe's top providers of large system solutions for end-to-end Internet, broadband, voice, data-center and dialup access communications to large users of telecommunications services with a network that spans 14,000 contracted route kilometers in 13 countries, and links 35 European cities. Carrier1 provides its clients with carrier-grade transport and network solutions as well as end-user-ready, value-added services that customers then brand and market to their respective users.
About Capcave
Capcave B.V.(Amsterdam, The Netherlands), is a next generation internet and technology company offering customized solutions for business critical online environments. Its services encompass the complete spectrum for online fulfillment solutions: hosting, bandwidth, network architecture, application and database solutions, streaming and formatting - and design. Capcave was already recognized by Quote magazine (June 2001) as one of the 50 leading e-companies in The Netherlands. Capcave's clients are mainly concentrated in the media and entertainment industry.
For more information, please visit the Capcave website at www.capcave.com
References to web site addresses are not intended to create an active link or to incorporate information contained therein in this document.
Forward Looking Statement:
The information contained in this press release contains "forward-looking" statements within the meaning of the U.S. federal securities laws. These statements can be identified by the use of forward-looking terminology such as "believes", "expects", "plans", "estimates", "may", "will", "should" or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks, uncertainties and assumptions.
These statements include those regarding (i) the effect of Carrier1's services on the speed and quality of content distribution of Capcave, (ii) the effect of launching this service on Carrier1's access points for international services in Amsterdam and the continuation of the stream of revenues from city ethernet services, and (iv) the impact of Carrier1's services on Capcave's capital and operating expenditures.
These statements are based on the current expectations of the management of Carrier1 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, the deterioration of the market economy, including in Europe and the technology and telecommunications segments, the deterioration of the financial strength of our customer base, adverse regulatory, technological, judicial or competitive developments; decline in Carrier'1 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, failure to obtain any necessary financing if management's business plan assumptions are not met, performance failure by third parties with whom Carrier1 has contracted including for the supply or maintenance of infrastructure components and by joint venture partners; the risk of termination of certain joint ventures through which Carrier1 operates; the amount of indebtedness incurred by Carrier1 and its obligations thereunder. For a more detailed discussion of these risks, uncertainties and other factors affecting the Company, please refer to the Company's prospectus and periodic reports filed with the U.S. Securities and Exchange Commission on Form 10-K, 10-Q and 8-K, including its 10-K for the year ended December 31, 2000 and its 10-Qs for the quarter ended March 31, 2001 and June 30, 2001. Corresponding filings are available at the Frankfurt Stock Exchange.