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Hydro66 Holdings Corp
Symbol C : SIX
Shares Issued 130,649,950
Close 2019-09-04 C$ 0.32
Recent Sedar Documents

Hydro66 Holdings signs Nexedi as enterprise client

2019-09-06 08:17 ET - News Release

Mr. Paul Morrison reports

NEXEDI SELECTS HYDRO66 FOR OPEN COMPUTE PROJECT COLOCATION SERVICES FOR NEW IAAS CLOUD INFRASTRUCTURE PLATFORM

Hydro66 Holdings Corp. has added Nexedi as a client for its enterprise co-location data centre business.

Headquartered in France, Nexedi is an innovative enterprise solution provider focused on delivering open source software and hardware to solve complex business applications issues (such as enterprise resource planning and customer relationship management) in a very short time and with maximum flexibility. Customers include Airbus, Mitsubishi, PSA and SANEF amongst many others.

Jean-Paul Smets, chief executive officer of Nexedi, stated: "We have been strong advocates of OCP for several years now and we are delighted to begin working with a new member of the community. Hydro66 are a perfect partner for us as they reflect our core values of delivering environmentally friendly solutions at a fraction of the 'big five' market price. Further, our customers see a lot of value in a cloud solution deployed in the EU with an EU partner. Delivering our prebuilt Rapid Space racks to Hydro66 and having them available to our customers in a matter of minutes is exactly the benefit we expected from an OCP co-location facility."

The cloud infrastructure-as-a-service (IaaS) market is accelerating at 27 per cent year on year and poised to drive the $45.6-billion (U.S.) market toward $150.7-billion (U.S.) by 2023, according to independent research published by Frost & Sullivan.

Patrick Smidts, commercial director of Benelux for Hydro66, commented: "Attracting a globally experienced client like Nexedi validates our OCP project and is the highest recommendation. We look forward to a rapid acceleration in delivering more capacity and value-add cloud infrastructure services with Nexedi in the coming months. Like our existing clients, Nexedi and their customers will gain significant cost savings, innovation and environmental wins."

Hydro66 have developed a 10-point checklist to enable OCP users to evaluate their data centre choices against current best practice. More details and the 10-point checklist can be found at the company's website.

About Hydro66 Holdings Corp.

Hydro66 owns and operates an award-winning co-location data centre in Sweden specializing in high performance computing (HPC) hosting. The company hosts third party IT infrastructure, utilizing 100 per cent green power, at amongst the EU's lowest power prices and within an ISO27001 accredited facility.

Hydro66 is uniquely positioned to capitalize on opportunities in blockchain infrastructure as well as the traditional enterprise co-location data centre market. The company provides truly green power at a leading price, purpose-built space and cooling, telecoms, IT support services and 24/seven physical security in its facility in Boden, Sweden.

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