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Hydro66 Holdings Corp
Symbol SIX
Shares Issued 130,649,950
Close 2020-03-10 C$ 0.17
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Hydro66, maincubes to market products for each other

2020-03-11 08:41 ET - News Release

Mr. David Rowe reports

HYDRO66 AND MAINCUBES SIGN PARTNERSHIP FOR EUROPEAN HYPERSCALE AND HPC COVERAGE

Hydro66 Holdings Corp. has entered into a new partnership with maincubes, a data centre operator located in Germany and the Netherlands. Hydro66, the ultralow emissions co-location and cloud infrastructure provider, and maincubes, the co-location data centre operator with facilities in Frankfurt and Amsterdam, have agreed to partner in delivering next-generation architecture for corporate customers including joint marketing of products and services.

This new combined approach will empower Enterprise clients to optimize their applications and data into latency-sensitivity tiers. Apps or data requiring close-proximity infrastructure can be hosted in Frankfurt or Amsterdam and the remainder can be hosted at Hydro66's Boden's facility where costs are significantly lower. This will result in better overall pricing for clients and create a competitive advantage for both companies.

David Rowe, chief executive officer of Hydro66, said: "maincubes and Hydro66 make a great combination in addressing the twin needs of hyperlocal and hyperscale requirements. Customers are also looking for solutions to the dual challenges of data scaling and environmental responsibilities. maincubes are leaders in their field of low latency high performing facilities in Frankfurt, including the new carbon neutral facility (FR2), and Amsterdam whilst Hydro66 the gold standard for ultralow-carbon emissions hyperscale facilities. Meanwhile, customer data is fully protected by EU data sovereignty."

Oliver Menzel, CEO of maincubes, said: "We know from our customers in Germany that the next wave of applications and requirements are set to dwarf the current ones with the rise of artificial intelligence/machine learning and the digitization of industries. For example, demand is rising in the automotive and IoT sectors for superefficient, low-cost, low-latency compute. Combining this with hyperscale HPC workloads and storage with the highest standards of environmental protection and respecting data sovereignty is exactly why we look forward to working with H66 in driving the next wave of innovation in the sector."

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.

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