openPR Logo
Press release

euNetworks Provides Low Latency Ethernet Connection to Conet Services in Germany

12-09-2009 10:51 AM CET | Media & Telecommunications

Press release from: euNetworks

Frankfurt, Germany – euNetworks Group Limited (SGX: H23.SI), a provider of mission-critical, high-performance networking solutions in Europe, announced that CONET Services AG selected euNetworks’ euConnect solution to offer ultra-low latency connectivity to customers between key sites. This partnership will ensure CONET customers can benefit from the availability of high quality, ultra-low latency Ethernet connectivity between CONET and other key Exchanges, Trading Houses and Datacentres.

euConnect combines high performance Ethernet, Internet and Quality of Service in a single solution, with bandwidth options between 100Mbps and 10Gbps, delivered over either 1GigE or 10GigE. This low latency network is capable of handling multiple application types such as Voice, Data, Web or Video, delivered in days rather than weeks.

The core competences of CONET Services AG are the datacentre provision for IT-solutions, especially the hosting of low-latency trading systems in proximity centres, as well as related consulting. The spread services provided by the new subsidiary of the CONET Group range from conception, to the installation as well as the operation of IT-systems and applications, which are designed especially for financial service providers with special requirements towards the stability and availability of IT-Systems. “We choose euNetworks based on their quick turnaround and flexibility to meet both our immediate and long-term business needs. What impressed us most was their ability to deliver against their promises” Franz Pepelnik, CEO of CONET Services AG.

“We pride ourselves on helping our customer’s to succeed in business, being flexible to change and willing to provide solutions that scale in a cost efficient manner and add value” said Uwe Nickl, Chief Marketing Officer of euNetworks.

About euConnect
euConnect is a high performance Ethernet solution for linking buildings across and between European cities, which can be delivered within days, not weeks.
euConnect supports the full range of topologies including Point to Point (P2P), Point to Multipoint (P2MP) Multiple Point to Points (MP2P) and Any to Any (A2A).
euConnect is delivered as either 1GigE or 10GigE with bandwidth options between 100Mbps and 10Gbps, available in 15 Metro cities across Europe.
euConnect includes options for dedicated internet access and protection.

About euNetworks
Our €1bn all-optical network delivers a new level of freedom and performance. We exclusively offer high-performance networking and specialise in solutions for high performance businesses in the Finance and Media sectors, and Carriers / Service Provider markets. We own 15 metropolitan networks throughout Europe, connected with a fully owned, high-capacity backbone. Because we own the network, we deliver superior performance that we contractually guarantee. Our Carrier Grade services are massively scalable and delivered on-demand, in days not weeks.

euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange (SGX: H23.SI). For further information please visit www.euNetworks.com.

15 Old Bailey
London, EC4M 7EF
United Kingdom

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release euNetworks Provides Low Latency Ethernet Connection to Conet Services in Germany here

News-ID: 110647 • Views:

More Releases from euNetworks

euNetworks Reports Fourth Quarter And Full Year 2009 Results
Fourth Quarter ·Total revenue of €8.5 million ·Recurring revenues grew 13% against fourth quarter 2008 ·Net loss improved by 20% against fourth quarter 2008 ·Growth in new customers, with 24 new contracts signed Full Year 2009 ·Company generated 25% year on year growth in recurring revenues with total revenue increasing by 26% to €30.1 million for the full year 2009 ·Net loss of €9.9 million ·Successful financial strengthening of the business undertaken through the year ·74 new customers
euNetworks Connects to NASDAQ OMX Europe to Extend Ultra-Low Latency Trading Pla …
London, UNITED KINGDOM – 24 November 2009 - euNetworks Group Limited (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced the availability of their high performance Ethernet based solution, euTrade, to customers at NASDAQ OMX Europe (NEURO). The addition of the euTrade solution, which offers ultra-low latency and high availability connectivity to Europe’s financial community, will provide NEURO customers with an additional choice of best-of-breed
euNetworks Reports 26% Revenue Rise to EUR 21.7M
London, United Kingdom - 12 November 2009 - euNetworks Group Limited, (SGX: H23.SI), a provider of mission-critical, high-performance networking solutions in Europe, reports a 26% rise in revenue for the nine months ended 30 September 2009 (“9M09”) to €21.7 million, from €17.2 million reported in the corresponding period a year ago (“9M08”). In line with the Group’s efforts at improving its operational efficiencies, gross margin also improved from 42%
euNetworks Reports 32% Growth in 1H09 Revenue
London, United Kingdom, 14 August 2009 - euNetworks Group Limited, (SGX: H23.SI), a foremost provider of mission-critical, high-performance networking solutions in Europe, has reported a 32% improvement in revenue to €14.3 million for the six months ended 30 June 2009 (“1H09”), compared to €10.8 million achieved in the same period a year ago (“1H08”). Driving this growth in revenue was the signing of 93 new recurring revenue contracts worth

All 5 Releases


More Releases for CONET

Business Process Management in Real Estate Market Is Blossoming Worldwide with E …
Global Business Process Management in Real Estate Market accounted for USD 435.3 million in 2020 growing at a CAGR of +25% during the forecast period to 2028. Report Consultant newly published a report, titled as Business Process Management in Real Estate Market. The author studied statistics through different effective market research strategies. Apart from this, the report also covers the key points of the market framework to run businesses rapidly
Business Process Management (BPM) in Real Estate Market to see Major Growth by 2 …
Data Bridge Market Research recently introduced Global Business Process Management (BPM) in Real Estate Market research study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players in the study are IBM Corporation, Oracle, Red
Global Business Process Management (BPM) in Real Estate Market is Projected to R …
Market Definition: Business Process Management (BPM) in Real Estate Market Business process management in real estate is the process where the system automatically sends the tasks each month to the contractor so that it gets easier for them to understand if any changes have taken place in machinery, staff or documents. Market Analysis: The Global Business Process Management (BPM) in Real Estate Market accounted for USD 435.3 million in 2016 growing at
Business Process Management (BPM) in Real Estate Market : Business Growth, Regio …
Business Process Management (BPM) in Real Estate Report provides thorough backdrop investigation with an evaluation of the previous years. In this part, the report presents the company profile, product specifications, capacity, production value, and 2018-2024 market shares for each company. The report is a comprehensive statistical analysis of the Business Process Management (BPM) in Real Estate market’s continuous positive developments, capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The
Emerging Evolution Technology : Escalating Demand For Broadband Services To Leve …
MarketResearchReports.biz has recently announced the addition of a report titled, “LTE for Critical Communications: 2016 - 2030 - Opportunities, Challenges, Strategies & Forecasts” to its depository. The report analyzes the key growth drivers, restraints, trends, and developments in the global market for LTE for critical communications. Various aspects of the market such as R&D commitments, unlicensed VoLTE, LTE, M2M, and eMBMs services, and development of 5G technology are discussed in the
artegic AG Appoints Frank Michael as a Board Member
Online CRM technology and consulting provider artegic AG has appointed Frank Michael (47) as a COO/CFO Board Member from 30th January 2015. Michael has a solid background in IT consulting and software as a service business. After having been a board member of CONET AG and CFO of GlobalPark AG, Michael held the position as CEO at QuestBack AG until the beginning of 2013. The qualified banker and business economist will push