Press Releases from euNetworks (28 total)
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 Provides Low Latency Ethernet Connection to Conet Services in Germany
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,…
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…
euNetworks announces new executive appointments
London, United Kingdom – August 4, 2009 – euNetworks (SGX: H23.SI), provider of Pan-European, mission-critical, high-performance networking solutions, today announced a number of executive appointments to further support the company’s growth and drive the next phase of euNetworks’ development.
Uwe Nickl joined euNetworks as Chief Marketing Officer, based in Frankfurt, Germany. He will be responsible for Business Development, Products, Marketing and all Direct and Indirect Sales activities of…
euNetworks Extends Ultra-low Latency Trading Platform to Four Equinix datacentre …
• Ultra-low latency Trading Connectivity service available in Amsterdam, Frankfurt, London and Paris facilities
• Delivered on-demand, in as little as 5 working days
• Contractual latency performance guarantee
London, UNITED KINGDOM – June 18, 2009 - euNetworks Group Limited (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced the availability of their new euTrade service to customers in Equinix’s Amsterdam (AM1), Frankfurt (FR2), London (LD4) and Paris (PA2)…
euNetworks to provide ultra low latency connectivity to Turquoise
euNetworks Group Limited, (SGX: H23.SI), one of Europe’s foremost providers of high-performance on-demand networking services, today announced its connectivity to Turquoise, the independent pan-European equity trading platform. Connectivity is provided under the euTrade brand.
euNetworks delivers on-demand connectivity between major stock exchanges, alternative trading systems / venues and clearing houses in 15 of Europe’s leading cities. Its high performance, all-optical fibre network is built to deliver ultra-low latency and guaranteed high…
euNetworks Partner with NEF to Provide US Channel Solutions
NEF to Represent Owner of Europe’s Highest Capacity All-Optical Network
NEF to Provide US Channel Solutions to euNetworks
Framingham, Mass.– 19 May 2009, NEF Inc., a leading dark fiber and lit service agency, has partnered with euNetworks, Europe’s foremost provider of mission-critical, high performance networking solutions, to create and design optimal communications networks for large corporations, carriers and service providers. Through the relationship, NEF will be able to source euNetworks’ low latency…
euNetworks Group Reports 42% Rise in Q1 2009 Revenue
Continued strong growth in revenue, long-term contracts and EBIDTA profitability
Singapore, 14th May, 2009 – euNetworks Group Limited, (SGX:H23.SI) foremost provider of mission-critical, high-performance networking solutions, announced exceptionally strong growth in recurring revenues, improved EBIDTA and significant business events.
Noel Meaney, Executive Chairman, commented: “The first quarter of 2009, and since, has become a major watershed for euNetworks. We have achieved a number of significant milestones which transformed the Company to a…
euNetworks reports remarkable 46% surge in recurring revenue for 2008
•46% year-on-year growth in recurring revenue
•Adjusted EBITDA profit of €1.6 million (up from €1.5 loss 2007)
•Growth driven by network investment, and ‘on-demand’ service provisioning capabilities
•Over 95% renewal rate for existing customers
•34% increase in new customers signed
•Brady Rafuse appointed as CEO designate
•Continued capital investment in all-optical network infrastructure and ‘on-demand’ product offerings
Dublin, Ireland – 16 April 2009 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, announced exceptionally…
Eunetworks Provides On-Demand Datacentre Connectivity For BlueDome
•Agreement between Dutch Managed Hosting Provider BlueDome and euNetworks – Europe’s foremost provider of high performance networking solutions raised the bar for datacentre connectivity
•euFreedom Ethernet solution delivers guaranteed low latency connectivity
•euFibre provides secure private networks for mission critical communication
Amsterdam, The Netherlands, 14 April 2009 – an agreement between euNetworks (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, and Dutch Managed Hosting Provider BlueDome IAS BV (BlueDome), raised the…
euNetworks appoints Brady Rafuse as new CEO
EUNETWORKS ANNOUNCES NEW EXECUTIVE APPOINTMENTS
• Noel Meaney, founder and CEO since 2002, announced he intends to concentrate on his role as Executive Chairman
• Brady Rafuse is appointed as CEO designate
Singapore – 27 March 2009 – euNetworks, (SGX: H23.SI), one of Europe’s foremost providers of mission-critical, high-performance networking solutions, today announced a number of executive appointments to further accelerate the company’s growth and drive the next phase of euNetwork’s…
euNetworks Deploys High-Performance Gaming Platform For globalnet GmbH
Extremely Reliable Solution For German Online Gaming Provider
Frankfurt, Germany – 20 January 2009 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, today announced that it has concluded an agreement with service provider globalnet GmbH, formerly known as useBiT GmbH. Under the terms of the agreement, euNetworks will deploy a secure gaming platform consisting of high-performance Ethernet connectivity and a next generation suite of massively scalable, high-capacity…
euNetworks Launches datacenter|nex Connecting Over 100 Datacenters Across Europe …
Unique Freedom Networking Allows Clients To Switch Networks On-Demand
Frankfurt, 10 December 2008 – euNetworks (SGX: H23.SI), Europe’s foremost provider of high-performance networking, today announced the launch of datacenter|nex, an innovative, high-capacity networking platform providing On-Demand Ethernet connectivity between Europe’s major datacenter sites. datacenter|nex was developed explicitly to meet the ever-increasing need for cost effective, mission-critical networking solutions for enterprises, financial institutions, carriers and web2.0 companies throughout Europe.
Designed without compromise,…
euNetworks deploys pan-European Ethernet connectivity for iBrowse
Mission Critical Ethernet Solution for Internet Service Provider
Frankfurt, Germany – 19 November 2008 – euNetworks (SGX: H23.SI), Europe’s foremost provider of mission-critical, high performance data services, today announced that it has concluded an agreement with business-to-business Internet Service Provider (ISP) iBrowse. euNetworks will deploy ether|nex, an Ethernet based networking solution to connect two of iBrowse’s datacenter locations in London and Frankfurt.
iBrowse provides managed international private networks to multiple sites around…
Redundant Private Fiber Solution for Concepts ICT
EUNETWORKS PROVIDES DARK FIBER CONNECTIVITY FOR DUTCH INTERNET SERVICES PROVIDER
Amsterdam/Netherlands, 09 September 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced it has completed an agreement with Dutch Internet Services Provider Concepts ICT. Under the terms of the agreement, euNetworks will deploy fiber|nex, a dedicated private fiber solution in Amsterdam, supporting the rollout of…
Concord Investmentbank selects euNetworks for Ethernet Solutions
MISSION CRITICAL SERVICES FOR ONE OF THE LEADING BROKERS IN EQUITY TRADING
Frankfurt, Germany – 24 June 2008 – euNetworks (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced that it has concluded an agreement with German Concord Investmentbank AG (Concord). Under the terms of the agreement, euNetworks will deploy ether|nex, an Ethernet based networking solution, to…
euNetworks upgrades fiber optic network in Düsseldorf and offers extreme perfor …
Düsseldorf/Frankfurt, 10 June 2008 - euNetworks (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services, today announced that it has upgraded its fiber optic network in Düsseldorf (Germany) to meet the ever-increasing networking requirements within and beyond the borders of the state capital. Via this highly improved network, the company will supply a range of new on-demand and bespoke high-performance services, such as pan-European datacenter and…
euNetworks deploys IP|nex for ICF Systems AG
HIGH PERFORMANCE SOLUTION FOR GERMAN IT SERVICES PROVIDER
Frankfurt, Germany – 27 May 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced that it has concluded an agreement with German IT Services Provider ICF Systems AG (ICF). Under the terms of the agreement, euNetworks will deploy IP¦nex – a next generation suite of massively…
euNetworks launches new release of online customer care system APAMS!
IN-HOUSE DEVELOPED, WEB BASED TOOL FOR REAL TIME MONITORING
Frankfurt, Germany – 20 May 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced the latest release of APAMS! (Automatic Pro-Active Monitoring Service), euNetworks’ unique, in-house developed Network Management System for real time management and monitoring of customer networks and server infrastructure.
euNetworks delivers mission critical…
euNetworks installs super scalable IP platform for OpenIT GmbH
MISSION CRITICAL SOLUTION FOR GERMAN INTERNET SERVICES PROVIDER
Frankfurt, Germany – 06 May 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced that it has concluded an agreement with German ISP OpenIT GmbH (OpenIT). Under the terms of the agreement, euNetworks will deploy IP¦nex, a next generation suite of massively scalable IP solutions –…
picturemaxx extends agreement with euNetworks
REDUNDANT STORAGE AND BACK-UP TECHNOLOGY TO SUPPORT AND MANAGE SEARCHABLE DATABASE OF 50 MILLION IMAGES
Frankfurt / Germany, 15 April 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced that picturemaxx AG (picturemaxx), one of the world’s leading online providers of digital images, has extended their existing contract. Under the terms of the expanded agreement,…
euNetworks deploys host|nex for S+M Schaltgeräte
INTEGRATED COMMUNICATIONS SOLUTION TO SUPPORT YOUTH PROTECTION IN SALES OF TOBACCO PRODUCTS
Frankfurt/Germany, 08 April 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced it concluded an agreement with S+M Schaltgeräte Service und Vertriebs GmbH (S+M Schaltgeräte), one of the leading providers of Hard- and Software Solutions in Germany. Under the terms of the agreement,…
euNetworks connects Europe's largest Internet Exchanges
UNIQUE SINGLE SOURCE SOLUTION CONNECTS EUROPE’S LARGEST INTERNET PEERING LOCATIONS
Frankfurt/Germany, 01 April 2008 – euNetworks, (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced that it now offers connections to Europe’s largest Internet Exchanges, namely AMS-IX (Amsterdam Internet Exchange), DE-CIX (German Internet Exchange), LINX (London Internet Exchange) and SFINX (Service for French Internet Exchange) amongst others. Members…
euNetworks delivers host|nex for XS4ALL
HIGH AVAILABILITY SOLUTION TO SUPPORT DUTCH INTERNET SERVICE PROVIDER
Amsterdam / The Netherlands, 12 March 2008 – euNetworks (SGX: H23.SI), owner and operator of one of Europe’s highest capacity fiber networks and provider of mission critical communication infrastructure and services, today announced that it has signed an agreement with Dutch Internet Service Provider XS4ALL. Under the terms of the agreement, euNetworks will deploy host¦nex – a high availability solution comprising private…
euNetworks expands its IP¦nex Range of High-Performance Global IP Solutions Wit …
Dublin/Ireland, 04 March 2008 – euNetworks (SGX: H23.SI), owner and operator of one of Europe’s highest capacity fiber networks and provider of mission-critical communication infrastructure and services, today announced that it has expanded its IP¦nex product range. The expansion will bolster the redundancy of its next generation suite of scalable, high-performance, Internet Protocol (IP) solutions through IP Transit provided by Global Crossing (NASDAQ: GLBC).
The industry-wide shift to all…
NL-ix chooses euNetworks for integrated hosting solution
Amsterdam, The Netherlands, 19 February 2008 – euNetworks, (SGX: H23.SI), owner and operator of one of Europe’s highest capacity fiber networks and provider of mission critical infrastructure and services, today announced it has completed an agreement with NL-ix (Netherlands Internet Exchange). Under the terms of the agreement, euNetworks will provide host|nex, a mission critical integrated colocation and private fiber network solution to host and network one of the world’s largest…
